MLB unanimously approves sale of San Diego Padres
ESPN • • sports
Key Points:
- The Seidler family announced plans to explore a sale of the San Diego Padres last November, with Feliciano, co-founder of Clearlake Capital, emerging as the top choice to purchase the team.
- Padres CEO Erik Greupner and GM A.J. Preller will remain responsible for daily operations under the new ownership.
- New owners Feliciano and Jones expressed commitment to building a championship-winning team and emphasized their intention to be engaged, ambitious, and thoughtful investors in the Padres' future.
- Peter Seidler, who took majority control in 2020 and was known for significantly increasing the team's payroll and fan engagement, passed away in November 2023; his family is praised for elevating the franchise's success and community role.
- Feliciano becomes the second Latino principal owner in MLB, and the Padres remain a highly valuable franchise with strong attendance and a passionate fanbase, aiming to win their first World Series.
