Here's what the San Diego Padres record $3.9 billion sale means for Major League Baseball

The San Diego Padres were sold for a record $3.9 billion to billionaire José E. Feliciano and his wife Kwanza Jones, owners of Chelsea FC. The sale highlights MLB's financial disparities, as the Padres, a small-market team without a regional TV deal, sold for 63% more than the New York Mets' 2018 purchase price. The Seidler family, led by late owner Peter Seidler, transformed the team into a competitive force through aggressive spending on players and trades.