Ted Leonsis’s Monumental Sports & Entertainment and Carlyle Group Inc. co-founder David Rubenstein are weighing a bid for Major League Baseball’s Washington Nationals.
The pair has also told key backers of the Baltimore Orioles that they would consider buying the team if it comes up for sale, according to a person with knowledge of the matter.
All discussions have been preliminary and may not culminate in a sale. The Nationals are worth $2.23 billion, 12th among the league’s teams, and the Orioles are valued at $1.63 billion, ranking 18th, according to Sportico. Hedge fund manager Steve Cohen bought the New ...
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