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Major League Baseball’s team owners unanimously have approved the sale of the San Diego Padres to an investor group led by private equity billionaire José E. Feliciano and his wife and business partner, Kwanza Jones. The league announced the approval Monday after a vote. Feliciano and Jones reached an agreement in May to buy the Padres from the family of late owner Peter Seidler at an MLB-record valuation of $3.9 billion. Seidler’s family announced its intention to explore a sale of the Padres last November. The 53-year-old Feliciano is a co-founder of Santa Monica-based private equity firm Clearlake Capital.

 

 

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