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Joey and Jesse Buss joining San Diego Padres’ new ownership group

Joey and Jesse Buss have joined the San Diego Padres' new ownership group, announced on Wednesday. The group is led by José E. Feliciano and Kwanza Jones. The Buss brothers, who are the youngest heirs in the family, were previously executives for the NBA's Los Angeles Lakers before their majority ownership stake was sold to Mark Walter last year.

Walter is also the owner of the Los Angeles Dodgers, the Padres' longtime rivals. The ownership group led by Feliciano and Jones is closing its purchase of the Padres this month at a record $3.9 billion valuation.

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