Feliciano Group Bids $3.9B for Padres, Shattering MLB Record

0:00It's April 17th. Welcome in. This is California News Today, where local news meets AI. I'm Corey with the story. A group led by businessman Jose Feliciano, and his wife, Kwanza Jones, is close to buying the San Diego Padres for a massive $3.9 billion dollars smashing the MLB record. That tops the old mark of $2.42 billion set by the New York Mets back in 2020, and it still needs approval from. 75% of MLB owners, which should come through in the next couple weeks. Feliciano, a 53-year-old Puerto Rican-born investor, co-founded Clear Lake Capital after getting his degree from Princeton and an MBA from. Stanford, and Forbes pegs his net worth, right at $3.9 billion. His firm already snapped up Chelsea Football Club, and the English Premier League, for $5.24 billion in 2022, teaming up with Dodgers Park owner Todd Bailey. He outbid heavy hitters like Dan Friedkin of Everton, Tom Gore's of the Detroit Pistons,

1:02and Joe Lakob of the Golden State Warriors to land this prize. Setting the stage for big changes in San Diego Baseball.