Padres Sale Set to Break MLB Record With $3.9B Deal
The buyer is the cofounder of investment giant Clearlake.

The buyer is the cofounder of investment giant Clearlake.

The San Diego Padres are finally set to be sold, and they will fetch a record-setting price for an MLB franchise. The Padres are being purchased by a group led by private equity billionaire Jose E. Feliciano and his wife Kwanza Jones, according to Jared Diamond and Miriam Gottfried of the Wall Street Journal. The … The post San Diego Padres to be sold for record-breaking price appeared first on Larry Brown Sports.

The San Diego Padres are getting close to a deal to be sold, with a pricetag that is sure to make even the wealthiest owners blush.

The San Diego Padres are showing that they’re a profitable organization, as they plan on selling the franchise to private-equity billionaire José E. Feliciano and his wife Kwanza Jones for $3.9 billion, according to The Wall Street Journal. “The deal for the Padres, which have been owned by the Seidler family since 2012, is expected […] The post Padres sold for jaw-dropping $3.9 billion price tag appeared first on ClutchPoints.
