Ted Lerner passes Nats ownership torch to son, Mark; MLB approves

Chris Lingebach
June 14, 2018 - 10:09 am
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H.Darr Beiser-USA TODAY Sports

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Mark Lerner is taking over as managing principal owner of the Washington Nationals, a transfer of power from his father, Ted, which was approved unanimously by Major League Baseball owners Thursday.

The move goes into effect immediately, as first reported by Barry Svrluga of The Washington Post, giving 64-year-old Mark Lerner voting power with the league and full veto power over the Lerner family -- comprised of seven principal owners, under 92-year-old Ted Lerner.

"Twelve years ago, when Major League Baseball selected my family as the owners of the Washington Nationals, I could not have been happier," Ted Lerner told Svrluga. "I always knew that someday my son, Mark, would take over my role as Managing Principal Owner. That day has come. I look forward to watching him take the helm and help lead this team to a world championship."

Mark Lerner says he doesn't expect major changes from the way his father ran the organization: "Maybe as time moves along, I’ll do things a little bit differently. But at the end of the day, every major decision we make together. And that’s always worked well for us."

An announcement is expected Thursday afternoon. Full story here.

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