Find out about who owns the Washington Nationals, the owners' net worth, source of wealth and ownership history of the franchise.
The Washington Nationals are a household franchise in the MLB based in Washington, D.C. They are part of the National League East Division and were originally founded as the Montreal Expos in 1969 before relocating to Washington in 2005.
The Nationals won their first-ever World Series title in 2019 following the defeat of the Houston Astros in a thrilling seven-game series.
Who owns the Washington Nationals?
The Washington Nationals are currently owned by the Lerner family, who are the principal owners, with Paxton Baker as a minority owner.
Washington Nationals ownership structure
Lerner family
The Lerner family are the majority shareholders of the Washington Nationals. The family made a fortune in real estate development through Lerner Enterprises and has a net worth around $6.4 billion.
Paxton Baker
Paxton Baker is the minority owner of the Washington Nationals. He is known for his activities in the media and entertainment industry.
Club Net Worth & Valuation
The Washington Nationals are valued at $2.1 billion, according to figures from Forbes.
Ownership History
The Washington Nationals has gone through a series of ownership throughout its history. It was originally founded as the Montreal Expos from 1969 to 2004.
The Major League Baseball (MLB) owned the Expos from 2002 to 2004 before the team was relocated to Washington, D.C., and adopted the Washington Nationals.
Ted Lerner purchased the Nationals franchise in 2006, and it is currently owned by the family.
Founding Year
The Washington Nationals were founded in 1969 as the Montreal Expos before relocating to Washington, D.C., in 2005 and rebranding to the Washington Nationals.
Stadium Details
The Washington Nationals franchise play their home games at the Nationals Park located in Washington, D.C. It has a seating capacity of 41,373 seats and was opened in 2008.
Conference & Division
The Washington Nationals are part of the National League (NL) East Division. Their team colours include scarlet red, navy blue, and white.
Trophies & Achievements
The Washington Nationals have won the World Series Title once. They have also won the National League pennants and NL East Division titles.