Padres announce agreement to sell team to investor group led by Kwanza Jones and José E. Feliciano‎

The San Diego Padres have reached an agreement to sell control of the team to an investor group led by Kwanza Jones and José E. Feliciano. The family of late owner Peter Seidler formally announced the deal Saturday. The deal with private equity billionaire Feliciano and his wife took shape last month at an MLB-record valuation of $3.9 billion.

San Diego Padres announce agreement to sell team to investor group led by Kwanza Jones and José E. Feliciano‎