Billionaire José Feliciano’s $3.9 Billion San Diego Padres Acquisition Approved

Billionaire José Feliciano's $3.9 billion acquisition of the San Diego Padres was officially approved on Monday, August 17, 2026. Feliciano, co-founder of Clearlake Capital, will become the franchise's control person, having purchased the team through an ownership group he runs alongside his wife, Kwanza Jones. The deal marks one of the largest transactions in MLB history.