HoopsHype Ted Leonsis rumors

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November 14, 2013 Updates

Then downside of ownership: “In sports, there’s one winner and 29 losers. The assets, from a business standpoint (of the teams I own), have dramatically increased in value … but we haven’t won a Stanley Cup or NBA championship, so I’m a failure. That’s what this business is about. One winner and 29 losers.” Sports Business Daily

Leonsis said his long-term goal is to turn the broadband network behind the Capitals, Wizards and Mystics into a production house with “the ability to show something in our arena, in real time, in all the televisions in the arena and outside on the signs and in those virtual screens on everyone’s site and everyone’s phone.” Leonsis would like to see it broadcasting concerts, and professional, college and high school sports games that take place at the Verizon Center. “We can look at all of that as ancillary opportunity for us,” Leonsis said. The Wizards and Capitals both have long-term rights deals with Comcast Sports Net. The Wizards have seven years left on their deal. The Capitals have three. Leonsis said that he envisions doing one of three things with those rights when they become available. “One would be that we would partner in a big way with Comcast,” Leonsis said. “I certainly believe we should have ownership in that network and a large voice in the programming of that network because we know our fans and our community extremely well. Or we would launch our own network, the Monumental Sports & Entertainment Network, or we’ll partner with some other sports network.” Sports Business Daily

November 12, 2013 Updates
October 7, 2013 Updates

"I'm tired of losing. It's not a lot of fun coming to games knowing, 'This is going to be a tough night.' We're just at that point now, it's the fourth year, we've retained our players, we've added players, we've spent a lot of money. And I expect us to be a playoff-caliber team. I think our fan base expects that too and that's the pressure I've placed on our organization, that we have to meet the expectations of our fans -- and it's time." -- Wizards owner Ted Leonsis, to local reporters, throwing down the gauntlet for his team to improve upon its dismal showings of the last few years. Both general manager Ernie Grunfeld and coach Randy Wittman are entering the final years of their respective contracts. NBA.com

“We played three kids,” Leonsis said, talking about Washington’s first game of the season. “People talk about how the team is aging. We have the eighth-youngest team in the league. I like when we interject some of the new kids into the lineup….We’re healthy, and my expectation is that this is the deepest team since I’ve owned the team. I don’t see any weaknesses, and I see that we’re prepared for injury. I mean, that’s one of the things in sports that sometimes we under estimate: injuries happen, your second-line guy, your third-line guy. Washington Post

October 5, 2013 Updates

“I’m tired of losing,” Leonsis said. “It’s not a lot of fun coming to games knowing, ‘This is going to be a tough night.’ We’re just at that point now, it’s the fourth year, we’ve retained our players, we’ve added players, we’ve spent a lot of money. And I expect us to be a playoff-caliber team. I think our fan base expects that too and that’s the pressure I’ve placed on our organization, that we have to meet the expectations of our fans – and it’s time.” Washington Post

He doesn't want to hear any apologies for his team not qualifying for the playoffs, despite Emeka Okafor (herniated disk) being out indefinitely and Chris Singleton (left toe/foot surgery) on the shelf for almost two months. He wants results. "We have 13 healthy players and the one thing I'm not allowing anybody to do is use injuries as an excuse," Leonsis said at a news conference. "We have 15 players under contract. Two can't start the season. That means we have 13. That's all you can dress anyway. "Last year, there was a pass given. We didn't have Nene and John Wall, our two best players. Understandable." CSNWashington.com

"The fan base's expectation is that we're going to have a better team. I think everybody looks at our team and the other teams in the East and say we should be a team, if we play to our capabilities, be one the teams that qualify for the playoffs. So the fans are setting that expectation. And I'm tired of losing. It's not a lot of fun coming to games knowing this is going to be a tough night. We're just at that point now. It's the fourth year. "We've retained our players. We've added a lot of players. We've spent a lot of money. And I expect us to be a playoff-caliber team. …That's the pressure I've placed on the organization." CSNWashington.com

August 2, 2013 Updates
August 1, 2013 Updates
July 31, 2013 Updates

John Wall: Words can't explain how blessed and happy I am! I want to thank my owner Mr Ted Leonsis, GM Ernie Grunfeld and the whole @WashWizards staff! Twitter @John_Wall

July 23, 2013 Updates

Ted Leonsis already has made public the Wizards’ plan to try to sign Wall to a contract extension, and Wall confirmed his camp has begun discussions but made clear that he will stay out of them. The Wizards know Wall has talent worth a maximum deal, but it’s unclear if they’ll commit that type of money to him. “The organization and front office people do a great job of keeping me there if they want to,” Wall told RealGM. “I leave it up to the [Wizards] and my agent to discuss those businesses, and my job is to just keep getting better on the court.” RealGM

June 27, 2013 Updates
April 30, 2013 Updates
April 28, 2013 Updates

The 12 owners on the NBA's relocation/finance committee will make the recommendation on the future of the Kings: • Peter Holt, Spurs (chairman of the board of governors) • Micky Arison, Heat • Clay Bennett, Thunder • Jeanie Buss, Lakers • James Dolan, Knicks • Wyc Grousbeck, Celtics • Ted Leonsis, Wizards • Greg Miller, Jazz • Robert Sarver, Suns • Herb Simon, Pacers • Larry Tanenbaum, Raptors • Glen Taylor, Timberwolves Sacramento Bee

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