Tag

Lerner Family

All articles tagged with #lerner family

sports1 year ago

"Lerner Family Confirms Decision to Keep Ownership of Washington Nationals"

Mark Lerner, managing principal owner of the Washington Nationals, announced that the Lerner family has decided not to sell the team after nearly two years of uncertainty, stating that they are "very happy owning the team." The decision comes after previously exploring a potential sale in April 2022. The family purchased the club in 2006 for $450 million and has been involved in day-to-day operations since 2018.

sports1 year ago

"Washington Nationals Off the Market, Owner Mark Lerner Confirms"

The Lerner family has decided not to sell the Washington Nationals, ending almost two years of speculation about a potential sale. The decision comes amidst ongoing financial challenges for the team, including a dispute with the Orioles over TV rights and limited spending capacity due to the bankruptcy of Diamond Sports Group. With the sale off the table, attention now turns to the Lerner family's plans for the team, which has been in a rebuilding phase and is projected to struggle in the upcoming season.