Ted Lerner Obituary News- Cause of Death: Washington Nationals owner Ted Lerner dies at 97.
The Washington Nationals team said Monday that Ted Lerner, a billionaire real estate developer whose family bought the team in 2006, had died. He was 97.
A spokesman for the Nationals said that Lerner died on Sunday at his home in Chevy Chase, Maryland, due to complications from pneumonia.
Lerner’s group bought the Nationals from Major League Baseball for $450 million in 2006. This was after the team moved from Montreal to Washington, D.C. He was the managing owner until 2018, when he gave that job to his son Mark.
Under the Lerners’ ownership, the Nationals went from being one of the worst teams in baseball during their first few years in Washington to winning the World Series in 2019. Since Nationals Park opened in 2008, the Lerners are also credited with giving the city’s Navy Yard area a new lease on life.
“It is with great sadness that we announce the passing of Founding Managing Principal Owner Theodore N. Lerner,” the team said in a statement. “The crowning achievement of his family business was bringing baseball back to the city he loved — and with it, bringing a championship home for the first time since 1924. He cherished the franchise and what it brought to his beloved hometown.”
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