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Wizards group salesx1/10/2024 ![]() The website TalkNats reported at the beginning of October that the Leonsis group was the “most likely” to buy the team if the MASN impasse could be resolved. The family told The Washington Post in April that it was undertaking an “exploratory process” to sell the Nats, and the Post reported in August that five potential groups had met with the Lerners and received financial information on the club. The Lerners, who bought the team from Major League Baseball in 2006 for $450 million, announced earlier this year that they were putting the team up for sale after more than 15 years of ownership, which included the team’s first World Series championship in 2019. The Orioles are not actively up for sale, though many in the industry have long speculated the Angelos family is open to the team eventually changing hands. Leonsis has long had interest in owning a baseball team, sources said, with previous interest in the Baltimore Orioles. They also own the Colorado Rapids of Major League Soccer, along with multiple other smaller league sports teams. The Kroenkes, along with owning Arsenal of the Premier League, own the NFL’s Los Angeles Rams, the NHL’s Colorado Avalanche and the NBA’s Denver Nuggets. If Leonsis’ group was to finalize a purchase from the Lerners and be approved by MLB, he’d become only the second person to own teams in three of the four major pro men’s sports leagues in the United States, joining the Kroenke family. Forbes listed Leonsis’ net worth in 2022 at $1.6 billion. According to Forbes Magazine’s 2022 rankings, Rubenstein, 73, has a net worth of $3.1 billion. Leonsis’ group is being co-piloted by Carlyle Group co-founder and billionaire David Rubenstein. Leonsis also declined comment through a spokesperson. Through a spokesperson, the Nationals declined to comment. Typically it takes the league months to vet a new ownership group and the financials involved in such a large transaction. The initial hope had been for the Nationals to have a new ownership group in place to be voted on this fall. Such uncertainty could make it difficult for the Lerners and a prospective new owner to agree on a sale price. The two teams have been embroiled in a years-long lawsuit over media rights fees, which means any new owner would be inheriting a team without the ability to generate significant money on its own RSN, or sign a lucrative deal for their TV rights. One key holdup in the discussions may be the uncertain status of the Mid-Atlantic Sports Network (MASN), the Orioles’ and Nationals’ shared regional sports network. ![]() It would not likely be completed before MLB’s Winter Meetings in San Diego in December, leaving the possibility for the sale to not be concluded until 2023. Multiple sources, though, said a sale is not imminent. This brief collection is probably all anyone would need to make the call.One of the sources said Leonsis’ group has been ahead of the others for the last month or so. ![]() As a group essentially caught out of time, the Wizards' deliberate throwback sound means they are virtually indistinguishable from the authentic vocal groups of the actual doo wop era, which is either a great thing or a sad thing, depending on one's stance and position on such things. This ten-song sampler presents some of the group's better tracks, including the deliberately nostalgic (in truth, all of Katz's projects fall under the nostalgia tag) "Remember Then," the light, sprung rhythm of "The Key to My Heart," and "Street Corner," which starts out as a homage to a lost era and ends up being yet another love song. The Wizards per se remained a recording group with Katz on lead vocals until roughly 1985, turning out well-recorded facsimiles of vintage doo wop material that unfortunately added little innovation to the genre. The Wizards were formed in 1981 for a Joel Katz studio project, one of several such groups the singer has fronted over the years.
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