AboveLegit Posted March 25, 2010 Report Share Posted March 25, 2010 Washington Capitals owner Ted Leonsis and the estate of Abe Pollin have reached an agreement on a price for Leonsis to purchase the Washington Wizards and Verizon Center, overcoming the single biggest obstacle in his path to take ownership, according to several sources familiar with the negotiations. The entire value of the team and arena is pegged around $550 million, according to sources. Read more: http://basketball.realgm.com/src_wiretap_archives/65569/20100325/wizards_arena_sell_for_$550m/#ixzz0jE8sfJqk Quote Link to comment Share on other sites More sharing options...
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