NL West report: $3.9 billion for Padres

Jose Feliciano, co-founder and managing partner of Clearlake Capital Group, during the Bloomberg Invest event in New York, US, on Wednesday, March 4, 2026. The conference brings together the most influential voices across asset management, banking, private capital and wealth. Photographer: Michael Nagle/Bloomberg via Getty Images | Bloomberg via Getty Images

The San Diego Padres (5-1) and Arizona Diamondbacks (4-2) had strong weeks to keep pace in the National League West, but the big news of the week was the Padres about to be sold for the staggering price of $3.9 billion.

The sale price shatters the previous record of $2.475 billion, which is what Steve Cohen paid for the New York Mets in 2020. The timing of the sale expected to happen this year, before the collective bargaining agreement expires on December 1. The Padres selling for $3.9 billion is going to make it much harder for owners to posture about the health of the sport being imperiled.

“You see there’s owners that want to win and want to put a great product on the field because they’ve seen the benefits of it,” said Padres second baseman Jake Cronenworth, who is also a member of the MLB Players Association’s executive subcommittee. “I think today is a perfect example of what the benefit is.”