Finally good news has hit DC! Minority owner Ted Leonsis, whose group Lincoln Holdings owns 44% of the Wizards, Verizon Center, and the DC/Baltimore Ticketmaster Franchise has agreed on a valuation of the team. He will soon be the majority owner of the Wizards!
YAY!!!!
As you know by now, his group (he is the main guy of course) already owns our NHL and WNBA teams who are both on a positive trend of course.
BNB NBA Superstar
Posts : 14149 Points : 31903 Reputation : 0 Join date : 2009-08-07 Age : 33
Subject: Re: Ted Leonsis has agreed with the Pollin family that the Wizards and Verizon Center cost $550 million Thu Mar 25, 2010 5:15 pm
I voted for "can't hurt"
the Wizards can't really get any worse imo.. and he hasn't done anything yet so it can't be a great move.
but I think it'll end up being a good move
wallshingtonwizard NBA Rookie
Posts : 3669 Points : 15843 Reputation : 0 Join date : 2009-08-19 Age : 39 Location : DC Area
Subject: Re: Ted Leonsis has agreed with the Pollin family that the Wizards and Verizon Center cost $550 million Thu Mar 25, 2010 5:16 pm
Though it is tenative, we know it'll happen. Hopefully, he's the boss by June 1, so he makes the final call on our draft. It's already known that he does have a big influence already though not the final call of course.
BNB NBA Superstar
Posts : 14149 Points : 31903 Reputation : 0 Join date : 2009-08-07 Age : 33
Subject: Re: Ted Leonsis has agreed with the Pollin family that the Wizards and Verizon Center cost $550 million Thu Mar 25, 2010 5:21 pm
yeah, and like you said.. his NDL team and womans basketball team seem to be doing alright under him... so I don't see why the wizards would be any different. It might take 1-2 years though
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Subject: Re: Ted Leonsis has agreed with the Pollin family that the Wizards and Verizon Center cost $550 million
Ted Leonsis has agreed with the Pollin family that the Wizards and Verizon Center cost $550 million
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