San Diego – The Buss brothers, longtime fans of the San Diego Padres, have become part of the franchise’s newest ownership group. On Wednesday, Joey and Jesse Buss announced that Buss Sports Capital purchased a stake estimated at about five percent in the Major League Baseball club.
Family roots and community focus
Both brothers grew up in San Diego and have followed the Padres since childhood. In a statement, Joey Buss said the opportunity to help shape the future of a team that has been a cornerstone of the city’s sports culture is an honor. He highlighted how great sports organizations can bring people together and foster a lasting sense of community, noting that Padres fans already represent one of the most passionate and loyal fan bases in the nation.
Jesse Buss added that the brothers’ experience in professional basketball operations—learned from their father and honed over two decades—has taught them the principles of building a championship organization. He emphasized that while each sport is unique, the fundamentals of talent evaluation, roster construction, player development, and long‑term planning are universal and will be applied to help the Padres succeed.
Ownership changes and valuation
The latest purchase follows the record‑setting $3.9 billion sale of the Padres last week, when Jose E. Feliciano and Kwanzaa Jones finalized the acquisition. The deal set a new benchmark for MLB franchise values and signals confidence in the team’s future both on and off the field.
Joey and Jesse Buss join a diverse group of investors who share a commitment to the club’s growth. Their involvement is expected to bring additional business acumen and a family‑oriented perspective that aligns with the Padres’ community‑first ethos.
Family dynamics
The Buss brothers are the siblings of Jeanie Buss, acting governor of the Los Angeles Lakers. Recent reports indicate that Jeanie Buss is contesting a plan by her brothers to sell the family’s remaining 17.8 percent stake in the Lakers to new owners Bob Iger and Josh Kushner. While that situation unfolds, the brothers’ new role with the Padres underscores their broader commitment to professional sports ownership.
Local leaders and fans alike have welcomed the news, seeing the Buss brothers’ entry as a reinforcement of the strong ties between the team and the San Diego community. Their stated goal of deepening connections “in San Diego and around the world” reflects a vision that blends competitive ambition with a focus on family, faith, and the constitutional freedoms that define American life.
What’s next for the Padres?
With the ownership group now solidified, the Padres are poised to build on the strong foundation already in place. The team’s recent on‑field performance suggests a promising trajectory, and the added expertise from the Buss brothers could accelerate efforts to field a championship‑contending roster.
Fans can look forward to continued investment in community outreach, youth baseball programs, and initiatives that celebrate the city’s rich sporting heritage. As the season progresses, the partnership between the Buss family and the Padres’ existing owners will be closely watched by both local supporters and the broader baseball world.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
