Theodore N. Lerner (born c. 1925) is an American real estate developer who has been approved as the principal owner of the Washington Nationals team in Major League Baseball in May 2006; his group will officially purchase the franchise for a reported $450 million in June^**. The franchise was formerly owned and operated by MLB from February 15, 2002 until the transfer of ownership. Lerner's wealth comes from his real estate business, Lerner Enterprises, which is wholly owned and operated by the Lerner family. He also serves on the Board of Trustees and Executive Committee of George Washington University.

Lerner is also a minority partner in the Lincoln Holdings, the corporation which owns the entirety of both the NHL Washington Capitals and the WNBA Washington Mystics and a minority of both the NBA Washington Wizards and Verizon Center.

Notable Achievements

• Associate of Arts from George Washington University
• LLB from the George Washington University Law School
• 1990 American Academy of Achievement's Golden Plate Award of Excellence
• Elected to the Washington Business Hall of Fame by Junior Achievement of the National Capital Area in 2003.

External Links

• Lerner Enterprises
• Washington Post article

Baseball executives | Living people | George Washington University alumni