Billionaire Mitchell Rales Part Of Group In Bid To Purchase NFL Washington Commanders

In the mid-1970s, Steven Rales, the oldest of the four Rales brothers and already a titan in the business world, reportedly had discussions with the late San Francisco Giants owner Horace Stoneham to purchase the then flailing franchise and move the team to Washington D.C.

Around that same time, Norman Rales, the family patriarch and a product of the Great Depression, already had an ownership stake in the Texas Rangers, although he would later sell that asset around 1979.