Padres’ record $3.9 billion sale proves small-market owners can afford to spend
The San Diego Padres' reported sale proves that small-market teams can spend more than they do.
MLB sale
San Diego Padres to be sold for record-breaking price
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.
Pistons owner among final bidders for Padres purchase
The race to purchase the San Diego Padres has narrowed to four final bidders, with Detroit Pistons owner Tom Gores now confirmed as a leading contender alongside groups headed by Joe Lacob, Jose E. Feliciano, and Dan Friedkin, The Athletic’s Dennis Lin and Ken Rosenthal reported Wednesday. Five groups initially submitted offers, but only four […] The post Pistons owner among final bidders for Padres purchase appeared first on ClutchPoints.