Washington, DC, United States (AHN) - Washington Capitals proprietress Ted Leonsis reached an covenant in chairwoman Tuesday with the the Pollin order to obtaining a the greater part due of the Washington Wizards and the Verizon Center. Leonsis, a late official at AOL, reportedly paid a little more than $550 million after months of negotiations. Former holder Abe Pollin, who compiled the Wizards' Washington Sports & Entertainment group, passed away termination November at the adulthood of 85.
Pollin anointed Leonsis as his successor when the two partenered in 1999. Leonsis had already owned 44 percent of the franchise. Leonsis will appraise and superb the move before June 24, so his crew can have input in the NBA Draft.
The Wizards have won just 45 games combined in the nearby two 82-game seasons. The Capitals pan the finish a decisive Game 7 Wednesday dark against the Montreal Canadiens in the first off plain of the Stanley Cup playoffs. Copyright © 2003 - 2010 AHN - All rights reserved. Redistribution, republication. syndication, rewriting or radio is prohibited without the quondam written permission of AHN.
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