Ted Lerner, Washington Nationals owner, dies at age 97
Ted Lerner, the billionaire real estate developer whose family bought the Washington Nationals in 2006, has died, the team announced Monday. He was 97.
A Nationals spokesperson told the Associated Press that Lerner died Sunday of complications from pneumonia at his home in Chevy Chase, Maryland.
Lerner’s group purchased the Nationals from Major League Baseball in 2006 for $450 million after the team was moved to the U.S. capital from Montreal, where it played for more than three decades as the Expos. He was managing principal owner until ceding that role to son Mark in 2018.
Under the Lerners’ ownership, the Nationals went from one of baseball’s worst teams in their first several seasons in Washington to World Series champions in 2019. The Lerners also are credited with revitalizing the city’s Navy Yard area since Nationals Park opened in 2008.
Baseball Commissioner Rob Manfred called Lerner an “extraordinary American success story.”
“In 2006, this onetime usher at Griffith Stadium took ownership in the nation’s capital and, in 2008, made Nationals Park a first-class destination,” Manfred said in a statement.
This is a developing story. Please check back for updates.
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