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A cruel sport, baseball will humble not just the ballplayers, but also the folks who buy the ballclubs. Ray Kroc’s extreme wealth didn’t cure the Padres, who had one winner in the fast-food titan’s decade as team owner.
Tom Werner’s TV shows with Bill Cosby and Roseanne Barr made a lot of money, but the Werner-led Padres ultimately devolved into bad soap opera. Software genius John Moores saw his fourth Padres team light up the whole region.
It won 98 games, a pennant and a subsidy vote that led to a downtown ballpark. But Moores would express misery in recalling ballpark-construction hassles and MLB politics that frustrated his advocacy of small-market clubs and gameday affordability.
And for all the Padres’ successes under private-equity wizard Peter Seidler, his biggest bet went bust, the ‘23 Padres missing the playoffs despite his approving MLB’s third-highest payroll.
So in regards to the team’s new principal owners, a wait-and-see outlook is the only outlook that makes sense. The married couple Kwanza Jones and José E.
Feliciano hold ownership stakes in English Premier League soccer team Chelsea and the NBA’s Minnesota Timberwolves. They have more sports-world savvy than any of their predecessors brought into the job notwithstnanding the industry expertise of Moores’ partner Larry Lucchino.
Princeton alums, Feliciano and Jones — teaming up with other investors — had the chops to win a bidding war for the Padres that settled at $3.9 billion, blowing away the MLB record set six years ago with the big-market Mets’ $2.4-million sale to hedge fund operator Steve Cohen.
Optics matter, never more so than now in today’s visual era. Jones and Feliciano won their introductory press conference Monday, creating a level of engagement and connection that topped even the public introductions of Moores and Lucchino in 1995 and the Seidler-Ron Fowler group in 2012.
Jones came off as a ball of fire who is said to runs on about the same amount of sleep (four to five hours) as Padres team-builder A.J. Preller.
Forecast: she’ll win over a lot of folks in San Diego County, Baja California and in the national media if she wants to maintain a public profile, which seems probable.
A professional singer, she lit up the room after she and Feliciano entered a Petco Park auditorium to an upbeat song that Jones had written. She got to the bottom line right away, shaking up the room .
“If you heard it,” Jones said afterward, starting low and building up to a high note, “we gonna win. We gonna win.
We gonna win, win it all!” “We hope it’s sooner rather than later,” added Jones, who should know that in the Padres first year under owner Joan Kroc, who inherited the team from her husband in January 1984, the team reached the World Series.
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