sports

MLB Approves Padres Sale to Feliciano

Major League Baseball has unanimously approved the sale of the San Diego Padres from the Seidlers to billionaire José E. Feliciano and his partner Kwanza Jones for a record $3.9 billion.

The transaction still requires finalization over the coming weeks, according to MLB Commissioner Rob Manfred. Feliciano and Jones expressed their commitment to bringing a World Series championship to San Diego, noting they intend to be engaged owners who will invest ambitiously in the team's future.

The Padres were purchased by the Seidler group in 2012 for $800 million. Under Seidler's ownership, the team significantly increased its payroll, which has ranked among the top 10 in baseball for five of the last six seasons. orlando-books.blog