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

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The sale for the Washington Nationals is reportedly on maintain. 

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

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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. 

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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. 

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

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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. 

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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. 

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Content Source: www.washingtontimes.com

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