San Diego Padres to sell team to investor group led by Kwanza Jones and Jose E. Feliciano, who will become the second Latino owner in baseball | Fortune
Briefly

San Diego Padres to sell team to investor group led by Kwanza Jones and Jose E. Feliciano, who will become the second Latino owner in baseball | Fortune
""The Padres are more than a baseball team; they are a unifying force in San Diego, rooted in community, connection and belonging. As life and business partners, and as a family, we are honored to lead this next chapter together.""
""This is about more than baseball - it's about boosting the pride, energy, and connection that define the Padres, investing in community, deepening belonging and ensuring this team remains accessible and endures for generations.""
""When I became control person, my goal was to continue building on our recent success in pursuit of a World Series championship for the city of San Diego and our faithful fans.""
The San Diego Padres have agreed to sell control to an investor group led by Kwanza Jones and José E. Feliciano. The deal, valued at $3.9 billion, requires approval from Major League Baseball. Jones and Feliciano expressed their commitment to the community and the team's legacy, emphasizing the importance of connection and belonging. They aim to enhance community investment and strive for a World Series championship. The sale follows the exploration initiated by the Seidler family after the passing of Peter Seidler, the previous owner.
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