Kwanza Jones, class of ’93, and José Feliciano, class of ’94, completed a $3.9 billion acquisition of the San Diego Padres, setting a new MLB ownership record. The Princeton‑trained duo highlighted their long‑standing partnership, noting a $20 million Princeton gift in 2020 that funded the university’s first buildings named after Black and Latino donors.
Their sports portfolio already includes a 2022 consortium purchase of Chelsea F.C., where Feliciano’s Clearlake Capital partnered with Todd Boehly; Clearlake later assumed full ownership. Both owners stressed that sports demand passion and community connection, pointing to the Padres’ fierce fan base and the franchise’s recent playoff appearances despite a dominant NL West rival in the Los Angeles Dodgers.
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With A.J. Preller steering baseball operations, the new owners said they will back the team with time, capital and a long‑term vision while respecting existing expertise. They intend to deepen engagement with Petco Park’s top‑five attendance figures and aim to field a competitive roster as the Padres enter the best‑of‑three Wild Card series.
