Padres Ownership Vote Set for Monday as $3.9B Sale Nears Completion
MLB's 29 other owners will vote on transferring majority control of the Padres to José E. Feliciano and Kwanza Jones, with unanimous approval expected.
MLB owners will vote Monday on the sale of the San Diego Padres, valued at a record $3.9 billion. José E. Feliciano is set to become the control person with a stake reported near 45%, while some Seidler family members and current minority investors will retain shares. The vote requires 22 approvals and is widely expected to pass unanimously. Feliciano had already been engaging with the Padres front office ahead of the trade deadline.
More on the Padres wire.
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