It’s official: Capitals owner Ted Leonsis is now also the new owner of the Washington Wizards. The family of former owner Abe Pollin released a statement saying their deal with Leonsis has been finalized, according to the Washington Post.
Ted Leonsis Finalizes Deal With Pollin Family, Will Become New Wizards Owner
The Abe Pollin family has finalized a deal with Washington Capitals owner Ted Leonsis to sell him the family’s share of the Washington Wizards and Verizon Center, the family announced in a statement today.
SB Nation’s Wizards blog Bullets Forever has a one-word response to the news.
YAY!
Much more on this story as it develops.
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