It’s no secret that Capitals majority owners Ted Leonsis — who also leads the ownership group that controls the Wizards, Mystics, and Verizon Center — has long wanted more control of the broadcast rights for his teams’ games. He’ll finally get it, if a new deal announced today earns approval from the NHL and NBA.
In what a joint press release called “an innovative cross-equity and leadership structure,” Monumental Sports & Entertainment (MSE) gets an ownership stake in CSN Mid-Atlantic, including representation on the network’s board of directors. The deal also extends CSN’s rights to broadcast Caps and Wizards games “well into the future.”
I joined Dave Johnson and MSE’s Jacob Raim for Press Row today. We talked Caps hockey: Ovechkin’s awesomeness, problems in the defensive zone, the glory of Grabo, and goalie drama. We also talked about basketball, but I kind of blacked out there for a second.
Take a gander and let me know what you think. Feel free to make fun of how bad I am at tying neckties while you’re at it.
Thanks to MSE for having me!
Russian Machine Never Breaks is not associated with the Washington Capitals; Monumental Sports, the NHL, or its properties. Not even a little bit.
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