Forbes came out with their annual valuation of every NHL franchise on Wednesday. According to the business magazine, the Capitals are the tenth most valuable team in hockey, coming in at $575 million.
For all their gaudy banners and no cup jokes, the Pittsburgh Penguins are a less valuable franchise than the Capitals, by approximately five million.
Washington Capitals owner Ted Leonsis is considering a future move for the Wizards and the Capitals out of their current Verizon Center location. Over the past few months, Leonsis has added an Arena Football League team, an “e-sports” franchise, and a new streaming network to his portfolio along with continuing to lead the ownership group that controls the Wizards, Mystics, and Verizon Center. He is also now a part-owner of CSN Mid-Atlantic, the local TV channel that covers his teams.
Leonsis made a trip to the Washington Post building Wednesday and spoke to reporters about the possible move for the Wizards and the Capitals out of their current location.
“My inclination right now would be — it’s pretty awesome where we are. And I love what’s happened to [downtown] D.C.,” Leonsis said to Washington Post reporters. “But I don’t know what’s going to happen five, six, seven years from now…I will be a free agent. I mean, that hasn’t been lost on me.”
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.”
A week after seeing Green Day play at the 9:30 Club, the hippest owner in the NHL, Ted Leonsis, is hosting a concert of his own literally at his house. According to an email sent out by the Democrats of Virginia Tuesday morning, Rock & Roll Hall of Fame inductee James Taylor will play at Leonsis’s Potomac, Maryland, home this Friday.
The concert will raise money for Hillary Clinton’s presidential campaign.
Every four years, it seems like the NHL and IOC play a game of chicken before eventually coming to an agreement that allows NHL players to participate in the Olympics. And every four years, Alex Ovechkin states he will participate, even if there’s no accord reached.
During the World Cup of Hockey, Ovechkin said matter-of-factly he would go to the PyeongChang 2018 Winter Olympics regardless of the NHL’s decision.
On Friday, Caps owner Ted Leonsis threw his support behind Ovechkin in an interview with Sports Illustrated’s Alex Prewitt.
“What’s the worst that could happen?” Leonsis said. “We’ll get fined or something. I hope it doesn’t get to that. But I’ve got to have my captain’s back, and I will.”
Washington Capitals owner Ted Leonsis opted to go to the 9:30 Club over an entire game of preseason hockey, Monday. He made the right decision.
Leonsis attended the sold-out Green Day show at the popular DC concert venue and received the VIP treatment from club co-owner Seth Hurwitz.
Photo: Patrick Smith/Getty Images
Want to get the VIP treatment from the Washington Capitals? It’s easy. All you have to do is be from outside North America, have your weekend plans to attend Caps game cancelled by a historic blizzard, then randomly bump into Brooks Laich at the White House. Got it?
As unbelievable as that may sound, it’s exactly what happened to a German Caps fan named Daniel, who was in town to see the Caps take on the Ducks and Penguins but had to implement plan B when the NHL postponed the games on account of the snow.
NHL.com’s Katie Brown has the deets from Kettler this morning:
Photo: Patrick McDermott
Alex Ovechkin’s 500th goal on Sunday was arguably one of the bigger moments in Washington sports history. And there were so many tiny, wonderful moments contained inside that one, we’re still sorting through them all.
Such as we learned that there is apparently no end to Braden Holtby‘s other-worldly talents. Not only is he currently 19-0-2 in his past 22 games, but he’s also an accomplished jumper. As Ovechkin scored, Holtby managed to jump (in all of his equipment) higher than the entire home bench, before racing onto the ice to celebrate the milestone goal with their captain.
Tuesday night, Leonsis got a picture with Mike Green after the Caps’ 3-2 shootout victory over the Red Wings. Leonsis included a kind message with the photo.
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