Tuesday, April 18, 2006

Kasten/Lerner Merge

Surprising absolutely no one, Stan Kasten and Ted Lerner have merged their bids, effectively cementing their place as the team's new ownership group. Everything still looks like it's on track for an end-of-week naming, in time for the Nats' return from their Philly roadtrip.
Kasten would become the Washington Nationals' president and would own an interest in the franchise under the agreement he struck with the Lerners, according to sources familiar with the process. Kasten, who until recently had headed his own group of investors, may bring some minority partners with him, which would contribute to the diversity of the Lerner group, sources said.

Pack your bags, Tony Tavares. Thanks for your efforts, but don't let the door hit you on your ample ass when you leave. (Actually, let it. After the ticket snafus, it's the least you deserve.)

Kasten is a professional, and he likes professional baseball men. There ain't nothing about Bowden that can be described as a professional baseball man. And after today's revelations, there's almost zero chance he survives. It wouldn't shock me to see one of his old Atlanta connections head to DC with him. Look for Frank Wren or Dayton Moore to fill the job, and to change the culture of this craptastic franchise.

There's an owner's meeting scheduled for next month, so if everything remains on schedule, the keys will be turned over within a month, even if Kasten will effectively be running things by the end of the week.



  • Well, it's certainly taken long enough, but at least we are getting probably the best owner possible. A quiet, well-financed local owner who entrusts the team to an experienced, successful executive. Thank God.

    By Anonymous Anonymous, at 4/18/2006 4:34 PM  

  • I'll personally pay their Metrorail fare to National, if only to get those two bozos (Tavares and Bowden--who helped destroy the Cincinnati Reds, just in case anyone forgot) out of this town and off of this team. Ugh.

    By Blogger vcthree, at 4/18/2006 4:45 PM  

  • I honestly had thought that Lerner and Kasten merged a long time ago, but I guess that was just the announcement that it was possible / probable and now it's official.

    By Blogger Scott M. Collins, at 4/18/2006 4:53 PM  

  • vcthree: Metro is too good for Bowden. Bowden needs to be sent on a perp walk from RFK to the Greyhound station.

    By Blogger WFY, at 4/18/2006 5:15 PM  

  • Hmmm...Gammons is reporting, via Baseball Tonight, that the race is between Lerner and Smulyan...and not to count out Smulyan and his 25% minority ownership group.

    I ain't predictin'...I'm just sayin'...

    By Blogger Jim H, at 4/18/2006 11:19 PM  

  • The consensus seems to be that Lerner will be a hands off owner leaving the day to day stuff to Kasten. I hope this is true and we don't have another Danny Snyder on our hands.

    By Anonymous Anonymous, at 4/19/2006 9:38 AM  

  • Please be..Dayton Moore..Please be..Dayton Moore..Please be..Dayton Moore..Please be..Dayton Moore..

    Also, looks like this ownership group is structered very similar to the Red Sox group where Henry Group was asked to merge with Werner Group and Lucchino playing the role Kasten will be playing here.

    By Anonymous Anonymous, at 4/19/2006 1:17 PM  

  • Selig is buddies with Smulyan. The minoroty thing is a red herring so the gifting of our team to Smulyan won't be as glaringly obvious. While the Lerner group is probably the best option, watch out for the Indianapolis Nationals (because I am certain Smulyan will try to move the team in a year or so)...

    By Anonymous Anonymous, at 4/19/2006 1:46 PM  

  • While the minority thing might be a red herring, the idea that he'd move the team to indianapolis is ridiculous.

    1) Do you really think that he'd pay $450 million to move a team into that market? They wouldn't be able to make their money back!

    2) Where's the team going to play? Is Indy going to pony up and build him a stadium when they won't do that for the Colts?

    3) The lease the MLB has signed requires the team to play in DC for the next 30 years. He can't get out of that without quadrupling the amount of money he spent on the team in the first place.

    That carpetbagger crap is the REAL red herring in this. Smulyan's not stupid. He's not going to buy the team to move it.

    Smulyan sucks because he's already failed as an owner, and because he's undercapitalized.

    By Blogger Chris Needham, at 4/19/2006 1:58 PM  

  • It appears as though the Lerners will win the bid. Thank god!!!

    But in any case, Selig, thanks for ruining our chances in '06 by taking so long... it was supposed to happen by last All-Star break.

    By Anonymous Anonymous, at 4/26/2006 2:24 PM  

Post a Comment

<< Home