Congratulations go out to Ted Leonsis for completing an agreement with the family of the late Abe Pollin to buy the Verizon Center and Washington Wizards. His brand of management will help the NBA franchise and his control of the building should help the NHL Washington Capitals.
UPDATED 06.19.2010 — I’ve added a new one — [...]
Ted Leonsis, Pollin family reach deal to buy Wizards – The PostPollins’ Statement On Agreement With Leonsis – washingtonwizards.comGreat news for D.C. sports fans broke earlier today — the family of the late Abe Pollin has agreed to sell the Washington Wizards, Verizon Center and the D.C. Ticketmaster franchise to Ted Leonsis and his Lincoln [...]
Agreement reached on price for Wizards, Verizon Center – The PostApparently, the estate of Abe Pollin and Ted Leonsis have come to an agreement on the value of the Washington Wizards and MCI Center — $550 million. Of course, Leonsis already owns 44% of that — I’ll let you do the math.
This news means that [...]
Why Abe Pollin went from Bullets to Wizards – DC Sports Bog, The PostDan Steinberg goes into the archives and puts together a timeline of the Washington Bullets changing their name to Wizards.
As I have said before, if Ted Leonsis does acquire the team, the name “Wizards” stays because Leonsis has so much respect for [...]
An Update on Today’s News – Ted’s TakeWashington Capitals owner Ted Leonsis issued a statement via his blog about the recent Post article on his bid to buy the Wizards, Verizon Center and the D.C. Ticketmaster franchise outright from the estate of Abe Pollin. This is a “calm down everyone” move, but perhaps also a [...]
Appraisers to determine value of Wizards, Verizon Center – The PostThe sale of the Washington Wizards, Verizon Center and the local Ticketmaster franchise to Ted Leonsis by the Abe Pollin estate is entering round 2. After falling to come to an agreement over the last 10 days the Pollin estate and Leonsis will each have [...]
Deadline nears in sale talks for Wizards – The PostTed Leonsis is negotiating with the heirs of Abe Pollin to buy the majority of the Washington Wizards and Verizon Center. Wednesday is the primary deadline, although as explained in the article linked above, this isn’t the only opportunity for him to seal the deal.
While [...]
Wizards owner helped transform D.C. – The PostD.C. sports icon, Wizards owner Pollin dead at 85 – The Wash. TimesAbe Pollin, a juggernaut of Washington D.C. sports, died yesterday at age 85. Pollin was the owner of the Washington Wizards (nee Bullets) of the NBA and Verizon Center. He had founded the Washington Capitals of [...]
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