Who Owns The Washington Nationals?

Nats

Who Owns The Washington Nationals?

The Washington Nationals franchise is owned by Ted Lerner, who purchased the team in 2006 for $450 million dollars. Lerner is a real estate developer and businessman who has been involved in many high-profile developments in the Washington, D.C., area.

Lerner also owns several other businesses in the Washington area, including real estate development firm Lerner Enterprises and a minority stake in the Washington Wizards NBA franchise. He is a member of the Board of Directors of Monumental Sports & Entertainment, which owns and operates both the Nationals and the Wizards.

According to Forbes, the Washington Nationals is worth 2.0 billion, making it the 12th most valuable franchise in all of Major League Baseball.

Where Do The Nationals Play Their Home Games?

The Washington Nationals, one of the most popular baseball teams in the National League East, have been playing most of their games in the historic Nationals Park since it opened its doors in 2008. Situated on a parking lot along the Anacostia River, this state-of-the-art ballpark caters to an audience of more than 40 thousand fans every game.

The Sports and Entertainment Commission of D.C. meticulously designed the park both for quality entertainment and as part of its vision for D.C.’s economic growth.

About The Washington Nationals Franchise

The Washington Nationals are a professional baseball team based in Washington, D.C. The Nationals compete in Major League Baseball (MLB) as a National League (NL) East division member club.

Where Did The Team Get Their Name?

The team’s name originates from the National Association of Base Ball Players (NABBP), founded in 1858 and is often considered the first organized baseball league. The name “Nationals” also refers to the old Washington Senators team that played in the American Association from 1891 to 1899 and the National League from 1899 to 1960.

The franchise moved from Montreal, where they were known as the Expos, after the 2004 season. They thus became the first MLB franchise to relocate since 1993, when the Milwaukee Brewers moved from Seattle (now the home of the Mariners).

The History of the Nats 

In 1969, Major League Baseball expanded and granted an expansion franchise to Washington, D.C., then known as the Montreal Expos. The Expos were a fairly successful franchise in Montreal, making five playoff appearances from 1981 to 1994 and winning two NL East titles. However, due to financial difficulties, the franchise was relocated to Washington in 2005 and renamed the Nationals. 

Since then, the Nats have made five playoff appearances and won four division titles since 2006. In 2019, they won their first-ever World Series title by defeating the Houston Astros 4-3 in an epic seven-game series that went down as one of the greatest World Series games ever played. 

The Faces of Success 

The Nationals’ success can be attributed to several factors—from strong ownership to a talented roster—but it all starts with general manager Mike Rizzo and manager Dave Martinez. 

Rizzo has been widely regarded as one of MLB’s best GMs. His ability to build winning rosters through trades and free agency has been instrumental in getting the Nats back on track after years of mediocrity. 

Meanwhile, Martinez has done an excellent job managing a talented team with an emphasis on defense first mentality, which has led them to become one of MLB’s top defensive teams year after year.