Ted Leonsis
Ted Leonsis
Theodore John Leonsisis an American businessman, investor, filmmaker, author, philanthropist, and former politician. He is a former senior executive with America Online. As the founder, chairman, and CEO of Monumental Sports & Entertainment, he is the majority owner of the National Hockey League's Washington Capitals, the National Basketball Association's Washington Wizards, the Women's National Basketball Association's Washington Mystics, the Arena Football League's Washington Valor and the Verizon Center in Washington, D.C. He is a founding member and investor in the...
adopted content creating devices faster industry inherently lightning people primordial rapidly soup struck
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.
build compete fun goal run season team three ticket work
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.
deals
One day when he's ready, then I can think about deals like that.
accept accessible committed general held higher regardless remain standard understand
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.
asked exactly proud win
I asked the brother, 'What did she say? She said 'I'm proud of him, but we have to win the game.' I'm like, 'That's exactly the way to do it.
business economic grow league model stressed
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.
action agent contract course encouraged firm hockey honor law russian team
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.
camp change core growing picks prospects stronger team
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.
collective honest improve open plan until year
We have been honest and open about this plan and will improve year after year until we get to our collective goal.
alex amount excited experience gets good impact name share washington
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.
help money spend
We need some help on the blueline and we have some money to spend there,
high purely renewal
We did not have high expectations purely because of renewal rates.
introduce
We want to introduce him to the city,
agreement excited extremely fans forward ice players pleased principle prospects reached returning welcoming
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.