Washington Nationals' principal owner Mark Lerner announced that the team is no longer for sale, ending a nearly two-year search for a new owner. The Lerner family, which has owned the team since 2006, had been exploring a potential sale since April 2022. This decision comes after the recent agreement for businessman David Rubenstein to buy the nearby Baltimore Orioles. The Nationals have struggled in the past four seasons after winning the World Series in 2019.
The Washington Nationals, previously on the market for nearly two years, are no longer for sale as principal owner Mark Lerner announced that his family has decided to keep the team. This decision comes after the Lerner family explored a potential sale following the passing of Ted Lerner in 2023. The news follows businessman David Rubenstein's agreement to buy the Baltimore Orioles, a neighboring team. The Nationals have struggled in recent seasons after winning the World Series in 2019.
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.