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Padres New Owners Officially Approved By MLB

  • MLB owners unanimously approved the sale of the San Diego Padres to billionaire José E. Feliciano and Kwanza Jones; the deal still must close in the coming weeks.
  • The purchase is a record $3.9 billion, and the new owners say they’re “all in,” promising to invest and bring a World Series to San Diego.
  • The team stays competitive (second in the NL West, tied for a wild-card spot); GM A.J. Preller and CEO Erik Greupner will remain in place while payroll stays among MLB’s highest.
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