Friday, May 10

Report: Ted Leonsis made at the least $2 billion supply for Nationals

The sale for the Washington Nationals is reportedly on maintain. 

But there was a bidder on the market — one which followers of District sports groups are fairly aware of — that made a large supply.

The Washington Post reported Wednesday that Ted Leonsis, the proprietor of the Washington Wizards, Capitals and Mystics, provided greater than $2 billion to purchase the Nationals. According to the Post, Leonsis made the supply late final 12 months and likewise inquired about shopping for MASN — the regional sports community that airs video games for the Nationals and Baltimore Orioles. 

Washington’s difficult tv rights are believed to be a big cause why the crew has but to be bought for the reason that Lerner household introduced final 12 months that they’d discover a sale of the Nationals.  The Nationals and Orioles have been entangled in a part of a years-long authorized dispute over Washington’s share of native broadcast income. 

Leonsis has familiarity with shopping for a regional sports community as he bought NBC Sports Washington final 12 months.

The Post reported that the Lerners and Leonsis stay in contact, however reported “it’s not clear” whether or not the Lerners rejected Leonsis’ $2 billion supply or just didn’t reply to it. 

In March, Sports Business Journal reported that Nationals’ sale was “on pause” for 2023 with the crew anticipated to renew the method the next offseason. 

Content Source: www.washingtontimes.com