Ted Leonsis Rumors

The Wizards are preparing a six-year, $60 million offer for Raptors president Masai Ujiri, sources tell The Athletic’s Fred Katz and David Aldridge. Washington has been waiting on Ujiri since mid-May and did not want to make an official run at him until the Raptors’ playoff run ended. Owner Ted Leonsis plans to request permission from Toronto sometime soon. The Raptors won their first title in franchise history when they defeated the Warriors 114-110 in Game 6 of the NBA Finals on Thursday.
Storyline: Masai Ujiri Contract
The Washington Wizards are preparing to offer Toronto Raptors president of basketball operations Masai Ujiri a deal that could approach $10 million annually and deliver him the opportunity for ownership equity, league sources tell ESPN. Wizards owner Ted Leonsis is expected to reach out to Toronto ownership soon to request formal permission to meet with Ujiri and offer a staggering financial package that would include running the Wizards basketball operations and, perhaps, taking on a larger leadership role in the Monumental Sports and Entertainment company that oversees the Wizards and NHL’s Capitals, league sources said.
3 days ago via ESPN
Wizards owner Ted Leonsis is expected to reach out to Toronto ownership soon to request formal permission to meet with Ujiri and offer a staggering financial package that would include running the Wizards basketball operations and, perhaps, taking on a larger leadership role in the Monumental Sports and Entertainment company that oversees the Wizards and NHL’s Capitals, league sources said.
3 days ago via ESPN
With that in mind, Leonsis is taking the long view. He wants Wall and the Wizards to get his rehab right, no matter how long it takes. “John understands his commitment will show from this rehab,” Leonsis told NBC Sports Washington on the Wizards Talk podcast. “If it takes the whole season, we don’t care. We are not putting pressure on you on a time. “Make sure that you are rehabilitating in the right way so that when you do come back, you don’t have that little voice in your head [saying] ‘did I do everything the right way to be able to come back and be a great, great player?'”
Tim Connelly will not take over as the Washington Wizards’ president of basketball operations, as many league insiders had expected. He will instead remain with the Denver Nuggets, according to a person with knowledge of his thinking. Connelly was in Washington on Friday to meet with majority owner Ted Leonsis. As the president of the Nuggets’ basketball operations, Connelly did not want to formally interview. He did not visit Capital One Arena or the team’s practice facility in Southeast Washington, several people with knowledge of the meeting said. Connelly instead discussed the Wizards’ job at Leonsis’s residence.
Storyline: Nuggets Front Office