HoopsHype Ted Leonsis rumors


November 28, 2012 Updates

And Fisher also asked if sports fans can actually increase their attachment to a team during bad times, thus making the eventual good times even more enjoyable. “Sports fans, just like most endeavors in life, want to be part of the winning,” Leonsis responded. “When you are on the ground floor and eventually see your thought, idea, company or team start to gain momentum, it feels great. There is a romance associated to sticking with a team through its tough times, and when that team begins to have success, you feel a sense of gratification – or at least that has been my personal experience.” Washington Post

November 27, 2012 Updates
October 9, 2012 Updates
October 5, 2012 Updates

Little more than two months later, the two cornerstones of the rebuilding efforts – Wall and Nene – are both sidelined with injuries before the training camp began. Leonsis expects to have Wall in about seven weeks, and for hopes Nene will be available for the season opener on Oct. 30, but he tempered expectations slightly when asked on Thursday about his draft-night comments. “We would all find it unacceptable if we finished with the second- or third-worst record in the NBA this year,” Leonsis said. “That would be a failure and the failure would start with me.” Washington Post

Ted Leonsis on if he is concerned about Wall putting too much pressure on himself: “I don’t know. And yes and no. I am thrilled with his self awareness. That he’s our leader who we’ve rebuilt the team around and he worked incredibly hard this offseason to take that next step. His physiognomy changed. He’s bigger. He’s stronger. His athletic gifts are off the chart. He worked a lot on his shot … But he’s a student of the game, so he’s everything you’d want in a young player, mature leader, someone who puts that pressure on him. At the same time, it’s incumbent on us, to build a team around him, that has options … We have to continuously add to the team to make it great and that’s Ernie’s job. That’s my job. That’s the coaches. And John accepts that. He understands that he’s not in this alone.” Washington Post

September 1, 2012 Updates
July 20, 2012 Updates

But Leonsis is clearly ready to distance himself from the past two seasons, in which the Wizards have gone 43-105 and remained one of the league’s worst teams. “I won’t be happy with our plan if we’re back in the lottery,” Leonsis said. “If we just miss making a playoff spot, no, the world is not going to end. If we’re picking third because we have the second-worst record, no, I will not be happy. I want to see demonstrable…we’ve turned over the roster, turned over the coaching staff. We’ve had good drafts.” Washington Post

Q. The decision on Blatche? Ted Leonsis. I’m torn. I believe people should have second and third chances. On the other hand, I don’t know where he fits now in this lineup. On the other hand, he’s the last remaining touchpoint from the previous teams. That’s what [was] being discussed and weighed. I’m not afraid of amnestying him and paying him the money. We have turned the entire lineup in one and three-quarters seasons. We shouldn’t forget Gilbert played here John Wall’s rookie season until he traded himself to Orlando. Now there’s two big questions: Can teams win or is it just the three-star system that works in the NBA? That’s a debate that is going on. Three stars — they won it this year. But the year before, Dallas won and they were more of a team. Washington Post

July 19, 2012 Updates

Ted Leonsis: I don’t think Nick [Young] and JaVale [McGee] were bad people. But they wanted stats. I understand that, relate and get it. But they weren’t playing as a team. You saw at the end of the year with Nene, who already got his big contract, right. So stats weren’t important to him. The little things were important to him.” Washington Post

July 17, 2012 Updates

Today we waived Andray Blatche, exercising the NBA’s amnesty provision. He is now free to join another NBA team. Andray’s time in D.C. didn’t unfold as any of us had envisioned, and we felt it was best for the Wizards – and for Andray too – if we parted ways. I briefly got to know Andray, and I like him and wish him well, but he needs a fresh start somewhere, and we need to move forward with our current core group of players. Ted Leonsis

Those days, it seems, are over. Struck by what he described as the decreasing usefulness of his e-mail exchanges, and by more and more e-mails from out-of-market folks who aren’t fans or customers of his teams, Leonsis announced on Monday that he will “unplug” both his Caps and Wizards e-mail accounts as of Aug. 1. “I’m not learning anything any more,” Leonsis told me Monday afternoon, not long after he had gone through that day’s batch of fan e-mails. “I just found myself spending an hour or two hours every day, and it wasn’t helpful any more. I’m finding that meeting with people one-on-one, being on message boards, reading comments on [The Post’s Web site] — it’s just a better, more efficient way. And to be honest, e-mail has changed. It just has changed dramatically from the way you communicate to the way you sell.” Washington Post

June 22, 2012 Updates

Ted Leonsis: "I find it ironic that one team that made the trade is doing what we did a few years ago – shedding vets for picks or prospects for payroll flexibility, building around their number one pick in the draft. This seems to be a NBA cycle of reinvention. We have managed the cap well – we had the resources to take on three new major contracts in Nene, Okafor and Ariza. And we had the patience and will to craft the team around nine young draftees and young players". Ted Leonsis

June 21, 2012 Updates

What do flashy billboards have to do with a championship for the Washington Wizards or the Capitals? Everything, if you ask Ted Leonsis. Leonsis, the founder of Monumental Sports & Entertainment, which owns both teams and the Verizon Center where they play, says he's at a competitive disadvantage when it comes to running both the facility and two teams. Being allowed to have more digital signs outside the arena could make up that difference in revenue, he said. Washington Examiner

Leonsis is pushing a bill that would allow for more signage at the arena, which still has $125 million left on its mortgage. Leonsis said that since he bought the teams and arena in 2010, after former owner Abe Pollin died, he has paid down the outstanding debt by about $15 million. But the enterprise is losing money. Washington Examiner

"This is a case where we have to pay the banks first for that building, and then whatever's left we can use it to improve the building and pay for the team," Leonsis continued. "And that $8-to-$10 million [cost] is a lot of money for a team that spends $50 million a year in payroll." Washington Examiner

June 20, 2012 Updates

Ted Leonsis: We will now have the opportunity to surround the young players with five to six seasoned vets. We added Nene last season, and now we have added Emeka Okafor and Trevor Ariza. All three will play in our rotation next season and are experienced, tough and talented. They are “team first” in attitude kinds of players that have had championship successes – one in college (UConn) and one in the pro ranks (Lakers). Ted Leonsis

June 4, 2012 Updates

At first glance, with all of the available alternatives out there, the Wizards' decision to keep Wittman, who has a career coaching record of 111-238, and whose previous coaching stints in Cleveland and Minnesota never came close to producing playoff teams, seems odd. And league sources say that new owner Ted Leonsis is reluctant to throw out big money while the Wizards are rebuilding. John Wall's development at the point and his overall happiness are the Wizards' top priority, and no one has been better with point guards over the last few years than D'Antoni, whose system helped Steve Nash procure back-to-back MVP awards in Phoenix, and who got the most out of Ray Felton in New York. The Knicks may have signed Jeremy Lin as an afterthought, but it was under D'Antoni' that Linsanity took hold. NBA.com

May 31, 2012 Updates

Ted Leonsis On Randy Wittman’s future: Randy is under contract. And right now, he’s our coach. And I was very impressed with the job that Randy did. But more importantly, I was impressed during the exit interviews. To a man, the players all felt that the way that we played after the trade wasn’t fool’s gold. It wasn’t the end of the season and other teams weren’t trying. That this was a serious team. A team that was playing for one another. A team that’s coachable and working really, really had and it started to see the lights turning on, that if they played the right way they would get results. So we started to take that into consideration, but the players really liked the coach and the staff. That speaks volumes on what decision we’ll have to make. Washington Post

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