Padres near sale at MLB-record $3.9B value, WSJ reports

The San Diego Padres are close to a sale to private-equity billionaire Jose Feliciano and his wife Kwanza Jones at a value near $3.9B, which would be $1.5B higher than Steve Cohen’s $2.4B purchase of the New York Mets in 2020, people familiar with the matter told The Wall Street Journal’s Jared Diamond and Miriam Gottfried. Publicly traded owners of sports franchises include the Liberty Braves Group (BATRA), MSG Sports (MSGS) and Manchester United (MANU).

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