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Steady5 stories3 sourcesLast updated: 5/6/2026

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Padres Reach Agreement to Sell Control to Investor Group Led by Kwanza Jones and José E. Feliciano
Developing
Business·5/2/2026AI summary

Padres Reach Agreement to Sell Control to Investor Group Led by Kwanza Jones and José E. Feliciano

The San Diego Padres have agreed to sell control to an investor group led by private equity billionaire José E. Feliciano and Kwanza Jones at an MLB-record $3.9 billion valuation. The Seidler family, whose late owner Peter Seidler took over in 2020, formally announced the deal Saturday. Feliciano and Jones are expected to have about 40% equity stake, with the Seidler family retaining some equity. The sale requires MLB approval.

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ESPN
San Diego Padres Call Up South Korean Signee Song Sung-mun for Mexico City Series
Developing
Sports·4/26/2026AI summary

San Diego Padres Call Up South Korean Signee Song Sung-mun for Mexico City Series

The San Diego Padres called up South Korean outfielder Song Sung-mun from Triple-A El Paso for their Mexico City Series against the Arizona Diamondbacks. Song, who signed a four-year contract in December, began the season in the minors due to an oblique injury sustained during spring training. He hit .293 in 20 Triple-A games with 12 RBIs. If he plays Sunday, Song will become the third South Korean in MLB this season, joining Lee Jung-hoo (Giants) and Kim Hye-seong (Dodgers), his former Kiwoom Heroes teammates.

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Yonhap Sports