Summary
The D.C. Sports & Entertainment Commission has acquired a lien on the Washington Nationals as an additional safeguard to keep the team from leaving town.
According to the Nationals' license agreement to use RFK Stadium, obtained by The Washington Times, the sports commission now owns a security interest in the franchise specifically designed to give the District extra weight in fighting any relocation.See the full content of this document
Extract
Lien On the Washington Nationals Protects City
The Florida Marlins, during now-stalled talks to build a new ballpark in Miami, earlier this year offered Florida legislators a lien on its franchise against cost overruns. But the District's lien on the Nationals is s...
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