Found November 25, 2009 on William F Yurasko's Blog:
Leonsis has the option to purchase franchise - The PostLeonsis in line to buy Wizards, Verizon Center - The Wash. TimesAs part of the agreement that Ted Leonsis made to buy the Capitals and 44% of Washington Sports and Entertainment (Wizards and Verizon Center) from Abe Pollin, Leonsis has the right of first refusal to buy the those assets. Let's hope that he can and does. Leonsis is the best sports owner in Washington if not the country. Getting Verizon Center into his porfolio would greatly improve the Caps situation since their lease is not very good to them. TedLeonsis, Washington Wizards, Washington Capitals, Verizon Center, dc©MMIX William F. Yurasko
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