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Padres about to be sold for record MLB valuation of just under 4bn
Posted on 4/17/26 at 10:15 am
Posted on 4/17/26 at 10:15 am
Breaking now. MLB team valuations keep going through the roof
quote:
The San Diego Padres are nearing a deal to be sold to private-equity billionaire José E. Feliciano and his wife Kwanza Jones, according to people familiar with the matter.
The deal values the Padres at around $3.9 billion—the highest valuation ever achieved by a Major League Baseball team, the people said.
This post was edited on 4/17/26 at 10:20 am
11
Posted on 4/17/26 at 10:28 am to WestCoastAg
Yet the Nats can’t seem to sell. frick the Lerner family.
Posted on 4/17/26 at 10:34 am to WestCoastAg
quote:
The San Diego Padres are nearing a deal to be sold to private-equity billionaire José E. Feliciano and his wife Kwanza Jones
World Series incoming
Posted on 4/17/26 at 10:49 am to TexasTiger08
The Rockies also just sold a minority stake as well the other week to the owner of the Broncos that puts their valuation at 1.68nn
This post was edited on 4/17/26 at 10:50 am
Posted on 4/17/26 at 10:55 am to WestCoastAg
quote:
José E. Feliciano
Are they going to play “Feliz Navidad” after every home run now?
Posted on 4/17/26 at 11:07 am to WestCoastAg
Pretty low. That would be 25th in the NBA but is 6th in MLB.
Also another example of how wrong those Sportico/Forbes estimates are because Forbes in June 2025 listed the Padres at $1.95B.
Also another example of how wrong those Sportico/Forbes estimates are because Forbes in June 2025 listed the Padres at $1.95B.
Posted on 4/17/26 at 11:21 am to WestCoastAg
quote:
José E. Feliciano
I love his music
quote:
Kwanza Jones
I love her holiday
Posted on 4/17/26 at 11:25 am to L.A.
Posted on 4/17/26 at 11:43 am to WestCoastAg
Posted on 4/17/26 at 11:47 am to UltimateHog
quote:Forbes didn't previously include the value of ancillary assets, which for San Diego adds the estimated future value of an absolutely massive real estate undertaking downtown
Also another example of how wrong those Sportico/Forbes estimates are because Forbes in June 2025 listed the Padres at $1.95B
Forbes is now including it in the updated March 2026 valuations, which has the Padres at $3.1b
Pro sports franchises are the definition of scarcity assets. A team’s intrinsic valuation (which is what such estimates are for) and the same team’s valuation if they are the only one (or one of very few) entertaining a sale are not the same. Sale prices will always exceed valuation estimates, and $3.9b represents a pretty reasonable premium following a competitive sale process
This post was edited on 4/17/26 at 11:59 am
Posted on 4/17/26 at 12:13 pm to WestCoastAg
1974 doesn't seem so crazy long ago....but Steinbrenner's $9 million purchase price of the Yankees seems eons ago...like he bought them during Roman times.
Posted on 4/17/26 at 12:23 pm to WestCoastAg
quote:
José E. Feliciano and his wife Kwanza Jones
Posted on 4/17/26 at 12:53 pm to UltimateHog
quote:
Forbes in June 2025 listed the Padres at $1.95B.
Forbes is looking too much at numbers and undervaluing the scarcity built into every sale that drives bidding wars (not many franchises hit the open market)
This post was edited on 4/18/26 at 12:28 pm
Posted on 4/17/26 at 2:29 pm to Ghost of Colby
You mean she's not white?!?!?!
Posted on 4/17/26 at 2:53 pm to WestCoastAg
Best stadium in the MLB would be hilarious if they tried to move them
Posted on 4/18/26 at 4:21 am to SDVTiger
quote:
Best stadium in the MLB would be hilarious if they tried to move them
Where do you rank Rangers stadium built 6 years ago?
Posted on 4/18/26 at 6:38 am to WestCoastAg
quote:
Kwanza Jones
What a name...
Like something from those blaxploitation films of the 70s.
Posted on 4/18/26 at 12:22 pm to SDVTiger
quote:
Best stadium in the MLB
That would be in Pittsburgh
Posted on 4/18/26 at 1:33 pm to WestCoastAg
I hope owners see that a team in the 19th biggest market in the league decided to spend a bunch of money to make their fans excited and team respectably competitive and was able to extract big value from that beyond marginal annual profit.
Posted on 4/18/26 at 6:01 pm to UltimateHog
quote:
Also another example of how wrong those Sportico/Forbes estimates are because Forbes in June 2025 listed the Padres at $1.95B.
Exactly and if the Padres are worth 4bn the Braves would be at least 6bn if not more.
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