DEADBEAT NATS FINALLY AGREE TO PAY RENT

 

"Rent-free" Ted agrees to pay up.

Substantially incomplete team still not substantially complete.

From WTOP News,  the District and the Nationals finalized an agreement over the millions in unpaid rent owed by the Nationals to the city for Nationals Park last night:

Acting Attorney General Peter Nickles says the Nationals will pay the District $3.5 million on Monday.

In exchange the city will return letters of credit to the Lerners, who own the team, extend the park's liquor license, and resolve 3-to-4-thousand unfinished items in the stadium.

Anonymous, unnamed sources with little or no knowledge of the situation confirmed to the Nationals Enquirer that this is the same $3.5 million the Lerner Family had earmarked for increasing team payroll in the offseason, effectively blowing the team's 2009 offseason budget. Family members unavailable for comment. 

(Photo by Reuters)