Alden Gonzalez Apr 17, 2026, 12:44 PM ET Close ESPN baseball reporter. Covered the L.A. Rams for ESPN from 2016 to 2018 and the L.A. Angels for MLB.com from 2012 to 2016. The San Diego Padres are on the verge of being sold for a record price of $3.9 billion to Jose E. Feliciano, co-owner of Chelsea Football Club , and his wife, Kwanza Jones, a source confirmed to ESPN on Friday. The sale price easily tops the previous record of $2.4 billion for an MLB franchise, set by Steve Cohen when he purchased the New York Mets in 2020. Before being finalized, the sale must be approved by 75% of Major League Baseball's owners, with the next owners meetings scheduled for June. The Wall Street Journal first reported the news, adding that Feliciano will be designated as the controlling owner. Feliciano, 53, is co-founder and managing partner of Clearlake Capital, a private-equity firm based in Santa Monica, California.…