Feliciano-Jones stake in Padres to be up to 40 percent, with more investors to join: Sources
José E. Feliciano and Kwanza Jones are expected to acquire at least 30 percent — and up to 40 percent — of the San Diego Padres as part of their agreement to purchase the franchise at a record-breaking valuation, multiple people briefed on the deal told The Athletic.The structure of the pending transaction means the previously reported valuation of $3.9 billion — which would smash the MLB record, set in 2020 when Steve Cohen bought 95 percent of the New York Mets at a $2.42 billion valuation — reflects the enterprise value of the Padres rather than the direct investment by Feliciano and Jones. A stake of, say, 35 percent would put the couple’s actual commitment closer to $1.4 billion.Advertisementالمصدر: The Athletic | Source: The Athletic
ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة The Athletic. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.
This article was originally published by The Athletic. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
