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After the sale: what's ahead for the Nationals.(BASEBALL)(Interview)
Seventeen months after Bud Selig began accepting offers to buy the Nationals, he announced the winning bid last week: $450 million by a group headed by Maryland real estate developer Ted Lerner. The new owners are expected to take over the club after major league owners vote to approve them next week. Finally, some of the burning questions about what's next can be answered.
So, who is Ted Lerner?
The Nats' new owner is an 80-year-old who enjoys sports and shuns the spotlight. Lerner went to high school and college in Washington and says he used to pay 25 cents to attend games at old Griffith Stadium. Lerner will own 90 percent of the club along with his son, Mark, and sons-in-law Edward Cohen and Robert Tanenbaum.
Who will get the $450 million?
It will be divided among the other 29 franchises; they bought the club for $220 million in 2002.
Who will run the Nats?
Stan Kasten will be president, part owner and face of the franchise. Kasten is best known for being the longtime president of three Atlanta sports franchises--the Braves, Hawks and Thrashers. He had been part of another group bidding on the Nationals but merged with Lerner's group last month, a move that turned out to be a key factor in Selig choosing Lerner's group over seven other bidders.
- Ted Lerner: The Traveler and the Gate Checkers.(Brief Article)(Book Review)
- Magazine article from: Business Traveller Asia Pacific Logarta, MT March 1, 2004 700+ words
(Book of Dreams, US$14.95) Ted Lerner is a true raconteur. I happen to know the guy, so reading anything he writes is like having him in front of me, recounting his...
- Lerner Family Named New Owners of Washington Nationals.
- Press release article from: Business Wire May 3, 2006 700+ words
...developer Theodore N. (Ted) Lerner announced today that...awarded the Washington Nationals franchise to a group...as President of the Nationals. "We are thrilled...join our team," said Ted Lerner. "A man of his caliber...tremendous asset to the Nationals going forward." Mr...
- Interview with Mark Lerner.
- News wire article from: The America's Intelligence Wire August 20, 2006 700+ words
...MARK LERNER, WASHINGTON NATIONALS: Black, white, Hispanic...ownership of the Washington Nationals baseball team. (BEGIN VIDEO...true. (BEGIN VIDEO CLIP) TED LERNER: Well, it's been some...WALLACE: Eighty-year-old Ted Lerner led a family affair to celebrate...
- Power Player of the Week.
- News wire article from: The America's Intelligence Wire May 7, 2006 700+ words
...was awarded ownership of the Washington Nationals baseball team. (BEGIN VIDEO CLIP...dream come true. (BEGIN VIDEO CLIP) TED LERNER: Well, it's been some kind of day...CLIP) WALLACE: Eighty-year-old Ted Lerner led a family affair to celebrate their...
- Contrasting scenes in RP boxing.
- News wire article from: Asia Africa Intelligence Wire August 13, 2003 700+ words
...his gloves in victory. This was all to be expected. But Ted Lerner, who anchored the TV coverage of the bout, clucked his tongue...deficiencies than show his ability to go big time. *** Ted Lerner, with a keen eye for boxing talent, could not be blamed...
- WEEKENDER.
- News wire article from: Asia Africa Intelligence Wire July 18, 2003 700+ words
...Checkers: Sex... Death... Life! On the Road in Asia Ted Lerner Book of Dreams, 253 pages What could be more fascinating...planet. This is precisely why former BusinessWorld columnist Ted Lerner's latest literary offering should be a hit among these...
- Washington Nationals, with new leadership, won't be built in a day.
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) Salisbury, Jim March 28, 2007 700+ words
...has joined the Nationals' television broadcast...pretty, though. The Nationals finished in last place in the National League East last...A year ago, the Nationals were beginning their...group headed by Ted Lerner, a longtime D...
- Malonso and Pacquiao: Yule request and package.
- News wire article from: Asia Africa Intelligence Wire December 22, 2003 700+ words
...said she's ashamed of the THIRD overall performance of her national delegation in the Vietnam SEAG. One of the reasons we participate...course, delivered by the able writer and fight commentator Ted Lerner, newly returned from a month-long sojourn in his Mom...
- Pacquiao moves up to junior lightweight.
- News wire article from: Asia Africa Intelligence Wire June 20, 2005 700+ words
...faxed letter to Ring Magazine editor in chief Nigel Collins last Friday, according to Ring Magazine Philippine correspondent Ted Lerner. "I look forward to gaining The Ring belt in my new weight class soon," Lerner quoted Pacquiao as saying in his letter...
- What the hell happened to White Flint? (White Flint Mall, Montgomery County,...
- Magazine article from: Regardie's Magazine O'Donnell, Frank October 1, 1992 700+ words
...negotiations" with prospective tenants, says Albert "Sonny" Abramson, a principal owner of White Flint, along with developer Ted Lerner. Abramsom would not confirm the identity of the prospects, saying that premature publication "could blow the negotiations...
