San Diego Padres nearing a whopping sale, AP source says
AP News
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The family of late San Diego Padres owner Peter Seidler is nearing a sale of the team, a person with knowledge of the negotiations tells The Associated Press.
The person spoke on condition of anonymity because the Padres aren’t commenting publicly on the process.
The Wall Street Journal first reported the progress of a deal with private equity billionaire Jose E. Feliciano and his wife, Kwanza Jones.
While the deal hasn’t been finalized, the team is expected to be sold for $3.9 billion, a record valuation for a Major League Baseball team.
Padres Nearing Record $3.9B Sale
- Padres are nearing a whopping sale for nearly $4 billion, AP source says Boston Globe —
- San Diego Padres Reportedly Selling For MLB-Record Price Newsweek —
- San Diego Padres reportedly set for MLB-record $3.9bn sale to Chelsea co-owner The Guardian —
- Source: Padres nearing sale for MLB record $3.9B ESPN —
- Shaikin: If the Padres can sell for $3.9 billion, are we closer to an Angels sale? Los Angeles Times —