Back in April 2022, it was reported that the Lerner family began the process of exploring possible changes to the team’s ownership structure, including the possibility of selling the team. Today, the Washington Post reports that the team is no longer for sale.
The report states that Mark Lerner, the club’s managing principal owner, told the Post the following, “We have determined, our family has determined, that we are not going to sell the team,” The late Ted Lerner purchased the team from Major League Baseball in 2006 for $450,000,000.
In June 2008, Ted passed control of the team to his son Mark Lerner. In 2022, Mark Lerner told The Washington Post that the family has “hired New York investment bank Allen & Company to research potential investors, and possibly buyers, for the Nationals.”
In 1952, a 26-year-old Ted Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers. After selling 22,000, he decided to become a builder. Today Lerner Enterprises, headquartered at 2000 Tower Oaks Blvd in Rockville, is among the largest owners of real estate in the Washington, D.C area.