Ted Leonsis Quotes (17 Quotes)


    It never should have happened, ... I remain committed to being an accessible owner. ... Additionally, I accept the league's findings and understand that regardless of the circumstances, I must be held to a higher standard than the general public.

    There is this primordial soup brewing of more bandwidth, more storage, more devices and more people creating content which is inherently digital. The lightning that struck is that the people have rapidly adopted all this even faster than we in the industry conceived, and bypassed the traditional media.

    We have been honest and open about this plan and will improve year after year until we get to our collective goal.

    From an economic standpoint, the league is much healthier, so as you grow your revenues you can proportionately grow your payrolls. The business model has been right-sized. We are not stressed now about the economics. Now we have to go about reselling the game.

    We are making every effort to bring him here, ... George spoke to the agent Friday night, as did I. We both want him here.


    We have to allow our young players an opportunity to play and progress, ... For some that opportunity will be this year. For others, it will be next year or the year after.

    Leonsis also said the team plans to retain its veterans, adding that the contract of 35-year-old goaltender Olaf Kolzig won't be bought out. Kolzig is in the final season of a five-year contract that will pay him 4.94 million this season. (Clubs have a one-time opportunity this week to buy out players for two-thirds of their remaining contract and not have it count against their salary cap.) Out of the gate . . . we are keeping our veterans, ... My goal is to ice a competitive team this year.

    When you're young and you buy entertainment-oriented businesses, you do it so you can package them in a way that enhances their value. I've always believed that to build the Internet you build a community of interests. Then you supply content to strengthen the sense of community - and a hockey team is content.

    We'll look at free agency, but I'm still trying to find where big free-agent signings can help the team. There's certainly no magic wand to wave and the team gets instantly better, but I like the way we're playing and I like the way the players have responded to our coach.

    The first check he threw to start the game, I said, 'That's my boy. That's what we want, ... We want our star players to work hard and be a part of the team. Every time we got down, he answered, and that's what superstars do.

    This is not personal it's business. This course of action was encouraged by our law firm and the NHL. We have a contract with Alexander, and we want his agent and Russian hockey team to honor that commitment.

    We're excited to share the whole experience with him. Yes, it gets our name out internationally, but that's not the point. With this kid, whatever's good for Alex is good for the Washington Capitals. He's made that much of an impact in just this amount of time.

    I know we have work to do. My goal is to get back to 10,000 or 12,000 season ticket holders in two to three years and to run the team as a break-even proposition, have fun and build a team that can compete for the long haul.

    We have 20 first-round picks in camp and we will go through growing pains. But it will make the core team of prospects stronger and we won't change our strategy.

    We are extremely pleased the NHL and Players Association have reached an agreement in principle and look forward to the ratification process. We are excited about the prospects of returning to the ice and welcoming our fans back to the MCI Center.

    There's going to be a lot of expectations on this young man, being the first pick in the draft, but I ask that we allow ourselves some patience. We're going to build a team around him, a very strong, young, aggressive team, and he is certainly a great fun

    We want the young kid to play, ... We want center Brian Sutherby to play, we want right wing Boyd Gordon to play. Semin will play a big role as we move forward.


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