JOURNAL ARTICLE

San Diego Padres Set for $3.9 Billion Sale to Jose E. Feliciano.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

The article focuses on the planned sale of the San Diego Padres by the Seidler family to José E. Feliciano, co-founder of Clearlake Capital Group, and his wife Kwanza Jones for a Major League Baseball (MLB) record $3.9 billion. The winning bid surpassed offers from businessman Dan Friedkin and Golden State Warriors owner Joe Lacob, with multiple bids exceeding $3.5 billion. Clearlake Capital Group, founded in 2006, manages over $90 billion in assets and holds a majority stake in Chelsea FC, while Jones is CEO of the media company Supercharged. The Padres, owned by the Seidler family since 2012, reported $500 million in revenue and high attendance in the 2025 season. The sale follows internal family disputes and is expected to be announced officially after MLB approval. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:193099042
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