Padres reach deal to sell to Jones-Feliciano group…

Chicago White Sox vs. San Diego Padres: Game Highlights (1:22)Chicago White Sox vs. San Diego Padres: Game Highlights (1:22)

ESPN News ServicesMultiple AuthorsMay 2, 2026, 04:15 PM ET

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 sale must still be approved by Major League Baseball.

Seidler’s family began to explore a sale of the Padres last November, two years after the death of the popular Peter Seidler, who became the Padres’ primary owner in 2020. His brother, John Seidler, has served as the Padres’ chairman since his death.

“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,” John Seidler said in a statement. “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. Our family loves this team.”

Peter Seidler joined the Padres’ ownership group in 2012 when John Moores sold the team for $800 million to a group headed by Ron Fowler. Seidler took over and immediately endeared himself to San Diego’s fans with his aggressive financial backing of general manager A.J. Preller, who built a team that has reached the playoffs in four of the past six years.

Jones and Feliciano already got a start on their new endeavor last month when they traveled to Mexico City to watch the Padres’ international series against the Arizona Diamondbacks. The couple was spotted sitting with Padres CEO Erik Greupner.

Feliciano will become the second Latino owner in baseball, joining Los Angeles Angels owner Arte Moreno. Latino and Hispanic players comprise roughly 30% of major league rosters.

“The Padres are more than a baseball team; they are a unifying force in San Diego, rooted in community, connection and belonging,” Jones and Feliciano said in a joint statement. “As life and business partners, and as a family, we are honored to lead this next chapter together. We have worked hard for everything we have achieved, and we have built it together. We see that same spirit in this team and its fans, and we know what it takes to win. We are committed to showing up, listening and earning the trust of this community while building on the strong foundation established by the Seidler family.

Chicago White Sox vs. San Diego Padres: Game Highlights (1:22)Chicago White Sox vs. San Diego Padres: Game Highlights (1:22)

Information from The Associated Press was used in this report.

Chicago White Sox vs. San Diego Padres: Game Highlights (1:22)

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