Today in Nationals’ History: Nationals officially sold to Lerner family

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May 3, 2006 – Major League Baseball officially sold the Nationals to a group led by Theodore N. Lerner, a Maryland-based real estate developer, for $450 million. In 2002, the 29 other big league owners collectively bought the Montreal Expos for $120 million, and then moved the franchise to Washington, D.C. in 2005. The Lerner family has owned and operated the Washington Nationals ever since this date 10 years ago.

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