The Lerner family, owners of the Washington Nationals, have decided to hold onto the team, according to Mark Lerner, the club’s managing principal owner, as reported by The Washington Post.
In a statement to the Post on Monday, Lerner emphasized, "No. We have determined, our family has determined, that we are not going to sell the team." This decision marks the conclusion of a period of uncertainty for the MLB franchise in Washington, DC.
The news follows nearly two years of speculation surrounding the team's potential sale, which began in April 2022 when Lerner initially announced the family's exploration of selling the franchise. However, Lerner clarified that while the decision to explore a sale was made earlier, they have now resolved to retain ownership. He expressed contentment with owning the team and remains hopeful for future successes, including another World Series victory.
The announcement arrives amidst ongoing efforts by the Nationals' general manager, Mike Rizzo, to rebuild the team following their 2019 World Series win. Although Rizzo declined to comment directly, he echoed Lerner's sentiments.
Interestingly, the decision contrasts with recent developments in the MLB, such as the Baltimore Orioles' ownership change led by David Rubenstein. Nonetheless, the Lerner family has affirmed their commitment to the team.
The announcement coincided with a fan-centric event hosted by the Nationals at their spring training facility, where optimism and skepticism regarding the team's future spending and direction were expressed by attendees.
As questions linger about the team's financial commitment, particularly in light of Ted Lerner's passing last year, the Nationals continue their journey forward, determined to revitalize their performance and bring further glory to the nation's capital.
Source: Washington Post