Ted Leonsis Quotations

When you're young and you buy entertainment-oriented businesses, you do it so you can package them in a way that enhances their value. I've always believed that to build the Internet you build a community of interests. Then you supply content to strengthen the sense of community - and a hockey team is content.

We did not have high expectations purely because of renewal rates.

From an economic standpoint, the league is much healthier, so as you grow your revenues you can proportionately grow your payrolls. The business model has been right-sized. We are not stressed now about the economics. Now we have to go about reselling the game.

We are extremely pleased the NHL and Players Association have reached an agreement in principle and look forward to the ratification process. We are excited about the prospects of returning to the ice and welcoming our fans back to the MCI Center.

We have to allow our young players an opportunity to play and progress, ... For some that opportunity will be this year. For others, it will be next year or the year after.

We need some help on the blueline and we have some money to spend there,

We'll look at free agency, but I'm still trying to find where big free-agent signings can help the team. There's certainly no magic wand to wave and the team gets instantly better, but I like the way we're playing and I like the way the players have responded to our coach.

We want to introduce him to the city,

We're excited to share the whole experience with him. Yes, it gets our name out internationally, but that's not the point. With this kid, whatever's good for Alex is good for the Washington Capitals. He's made that much of an impact in just this amount of time.

We have been honest and open about this plan and will improve year after year until we get to our collective goal.

We have 20 first-round picks in camp and we will go through growing pains. But it will make the core team of prospects stronger and we won't change our strategy.

There's going to be a lot of expectations on this young man, being the first pick in the draft, but I ask that we allow ourselves some patience. We're going to build a team around him, a very strong, young, aggressive team, and he is certainly a great fundamental building block for us to go forward on.

One day when he's ready, then I can think about deals like that.

As a league, we will have less TV revenue, and locally I don't think we can expect to increase our ticket revenue. However, our ticket prices are going down even more. That price reduction may help attendance, but we don't anticipate it helping overall revenues.

This is not personal; it's business. This course of action was encouraged by our law firm and the NHL. We have a contract with Alexander, and we want his agent and Russian hockey team to honor that commitment.

There is this primordial soup brewing of more bandwidth, more storage, more devices and more people creating content which is inherently digital. The lightning that struck is that the people have rapidly adopted all this even faster than we in the industry conceived, and bypassed the traditional media.

It never should have happened, ... I remain committed to being an accessible owner. ... Additionally, I accept the league's findings and understand that regardless of the circumstances, I must be held to a higher standard than the general public.

I know we have work to do. My goal is to get back to 10,000 or 12,000 season ticket holders in two to three years and to run the team as a break-even proposition, have fun and build a team that can compete for the long haul.

I asked the brother, 'What did she say? She said 'I'm proud of him, but we have to win the game.' I'm like, 'That's exactly the way to do it.

The first check he threw to start the game, I said, 'That's my boy. That's what we want, ... We want our star players to work hard and be a part of the team. Every time we got down, he answered, and that's what superstars do.

We can't score goals, we can't stop goals, we aren't hitting, we can't play on special teams... we all stink. We can try to improve but to do so we will need to make trades. And who would want our players that are underachieving?

There's never been a better time to be an NBA owner

It's Web, and then everything else. It's social media first, and everything else.

What I've learned so far from researching is that to win the Stanley Cup, you have to make the playoffs.

When you look at the last 20 years in the NBA, there have been seven teams that have won the NBA championship. Six of those seven teams drafted the number one or number two pick; their foundational people,

We look at the Web as being our basic power plant, kind of like electricity, so the Web and communicating in this fashion is second nature to us now. It's not like we go brochure, television, mail. It's Web, and then everything else. It's social media first, and everything else.

The more communities in which you are an active participant, the more likely it is that you'll be happy.

A successful business is either loved or needed.