Kukla's Korner

Kukla's Korner Hockey

Ted Leonsis- In His Own “Shoes”

from Fox Sports,

His Capitals have lost tens of millions of dollars, he acknowledges, but the team is worth more than twice the $85 million he paid for it in 1999. The value will only increase if the team, which Leonsis has slowly rebuilt after initially overspending for players, returns to the playoffs this season for the first time since 2003.

“I have to laugh,” Leonsis said, “because we get slammed by newspapers or frankly even some new media properties, and I go, ‘Our salary cap has grown from $39 million to $50 million in two years.’ Whose shoes would you rather be in?”

more on Ted…

Filed in: NHL Teams, Washington Capitals, NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: ted+leonsis, washington+capitals

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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