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Joey, Jesse Buss join new Padres ownership group, reportedly strike deal to acquire approximately 5% of club

Through their new investment group, Buss Sports Capital, the Buss brothers are also pursuing an NBA Europe ownership stake, according to multiple reports.

Yahoo Sports · August 26, 2026

Joey, Jesse Buss join new Padres ownership group, reportedly strike deal to acquire approximately 5% of club

Buss Sports Capital, according to multiple reports , has struck a deal to acquire approximately 5% of the Padres, whose sale to Feliciano and Jones was unanimously approved by MLB owners on Aug. 17 .

Feliciano and Jones spearheaded the reported $3.9 billion purchase, which ranks among the most expensive franchise sales in North American sports history . That list is headlined by not one but two sales of the Los Angeles Lakers, whom Los Angeles Dodgers owner Mark Walter just agreed to sell to an ownership group led by businessmen Josh Kushner and Bob Iger for a record $12.5 billion .

That's $2.5 billion more than what Walter paid when he purchased a controlling interest in the Lakers from the Buss family , a transaction that was approved by the NBA's Board of Governors less than a year ago .

Read the original at Yahoo Sports

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