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Kwanza Jones and Jose E. Feliciano introduced as new San Diego Padres owners

The new ownership duo completed a $3.9 billion acquisition of the Major League Baseball franchise from the Seidler family.

The short version

  • Kwanza Jones and Jose E. Feliciano were officially introduced on Monday as the new owners of the San Diego Padres following a $3.9 billion purchase.
  • During the introductory press conference, Jones, a singer-songwriter, enthusiastically rallied the room and led a chant about winning the World Series.
  • The Padres are currently in contention for a Major League Baseball postseason berth, holding a slim lead for the final National League Wild Card spot.

Key facts

  • Kwanza Jones and her husband, Jose E. Feliciano, acquired the San Diego Padres from John Seidler and his family in a $3.9 billion transaction.[Fox News]
  • The new owners were formally introduced to the media in San Diego on Monday.[Fox News]
  • Feliciano is a co-founder and managing partner of Clearlake Capital with a Forbes-estimated net worth of $3.9 billion; he previously co-led an acquisition of the Premier League club Chelsea in May 2022.[Fox News]
  • The Padres franchise has reached the World Series twice in its history, most recently in 1998, but has never won the championship.[Fox News]
  • At the time of their introduction, the Padres held a 71-61 record, leading the Arizona Diamondbacks by two games for the third National League Wild Card spot with 30 games remaining in the regular season.[Fox News]

Sources