Jose E. Feliciano and Kwanza Jones Take Ownership of San Diego Padres
Jose E. Feliciano and Kwanza Jones were introduced as the new owners of the San Diego Padres baseball team at a press conference held at Petco Park. The couple made a record-breaking offer of $3.9 billion to purchase the team,…
San Diego, CA, August 24, 2026 —
SAN DIEGO – Jose E. Feliciano and Kwanza Jones have officially taken the helm as the new owners of the San Diego Padres, marking a significant shift in the baseball franchise’s leadership. The introduction took place during a press conference held at Petco Park, the team’s home stadium.
The acquisition by Feliciano and Jones was finalized following a record-breaking offer of $3.9 billion to purchase the team. This substantial bid received the necessary approval from Major League Baseball owners, paving the way for the new ownership to assume control.
During the press conference, both Feliciano and Jones articulated their dedication to the team’s future success. Their primary stated objective is to foster a winning environment and ultimately secure a World Series championship for the city of San Diego.
Further details regarding the specifics of the ownership transition or future operational plans were not provided in the initial announcement.
Story summarized from the original created by Barry M. Bloom • Special to Times of San Diego on timesofsandiego.com, see more information here.
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