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 WASHINGTON (AP) - Major League Baseball at long last picked someone to buy the Washington Nationals, choosing a group that's led by real estate developer Theodore Lerner and includes former Atlanta Braves executive Stan Kasten.
"This has been a long journey. ... While I do apologize for the time, I think history will prove it maybe was time well spent," commissioner Bud Selig said Wednesday in announcing the $450 million agreement.
Baseball bought the then-Montreal Expos in 2002 for $120 million, and eight groups entered the bidding process more than a year ago. In the end, Lerner's group was selected over those headed by former Seattle Mariners owner Jeffrey Smulyan, and by Fred Malek and Jeffrey Zients, the heads of the Washington Baseball Club, which worked for years to bring a big league club to the capital.
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