Washington Nationals Baseball Club
Washington, D.C., July 24, 2006 - The Washington Nationals today announced the official transfer of ownership from Major League Baseball to an ownership group headed by Washington developer Theodore N. Lerner, his son Mark D. Lerner, sons-in-law Edward L. Cohen, and Robert K. Tanenbaum, and their families. Ted Lerner will be the Managing Principal Owner of the team and Mark Lerner, Cohen and Tanenbaum will be Principal owners of the team. All major decisions will be made together as a board with team President Stan Kasten. In addition, the members of the minority ownership group each have deep ties to Washington, D.C. and a shared commitment with the Lerner family to make the Nationals a long-term successful franchise in Washington.
