Washington Nationals owner Ted Lerner has died at 97.

A club spokesperson said Lerner died Sunday of complications from pneumonia at his home in Chevy Chase, Maryland.

Lerner's group purchased the Nationals from Major League Baseball in 2006 for $450 million after the team was moved to the U.S. capital from Montreal. 

He was managing principal owner until ceding that role to son Mark in 2018.