With every decision or organizational failure that the Nationals have committed this season, we’ve stated that fans should wait for one thing before jumping to conclusions: a new ownership group.
Although there still isn’t a clear frontrunner, many of the names we’ve heard have emerged as true contenders to purchase the franchise.
Owen Poindexter of Front Office Sports has reported that among at least five parties expected to place a bid by the end of this season are Ted Leonsis, Larry Lucchino, Josh Harris, Michael B. Kim and Stanley Middleman.
One of the key findings in the report was that the Nationals are estimated to be valued at $2 billion, just shy of the $2.4 billion that Steve Cohen purchased the Mets for nearly two years ago. Additionally, the Angelos family is exploring selling the Orioles.
Now back to the candidates! As the owner of the Capitals, Wizards, and Mystics among other local sports teams, Leonsis is someone who most of this fanbase is very familiar with. We also discussed Lucchino – and his potential link to Theo Epstein – nearly three months ago. At their heights, Lucchino and Epstein were co-running operations for the Boston Red Sox during the 2000s. Currently, Lucchino is the chairman of the Triple-A Worcester Red Sox, while Epstein is a consultant for Major League Baseball, but both are openly interested in jumping back into leading a big league franchise.