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Padres announce agreement to sell team to Kwanza Jones, José E. Feliciano
SAN DIEGO — The Padres announced on Saturday that the Seidler family has agreed to transfer control of the franchise to a new ownership group led by investors and philanthropic leaders, Kwanza Jones and José E. Feliciano.
The agreement is subject to approval by Major League Baseball and the leagueâs customary closing conditions.
In a joint statement released through the team, Jones and Feliciano said:
âThe 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.
Padres enter into new ownership agreement
The San Diego Padres announced Saturday that the Seidler family has agreed to sell the team to a new ownership group, Kwanza Jones and José E. Feliciano.
“I’m thrilled that after a highly competitive process, Kwanza Jones and José E. Feliciano will become the next majority owners of the Padres,” said Padres Chairman John Seidler. “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. Now, as I pass the baton to Kwanza and José, I do so with full confidence that they share that vision, as well as the Padres deep commitment to San Diego. It’s what the team, our fans, and the community deserve.
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