Wizards and Caps could be moving to Potomac Yard

[Anonymous]

Sell the teams, Ted

[Anonymous]

Anonymous wrote:Sell the teams, Ted

If that's true, why is Bowser offering him anything?

[Anonymous]

Anonymous wrote:Sell the teams, Ted

Did Glenn and Ted not read the contract?

[Anonymous]

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

[Anonymous]

Why doesn't Ted just use the money to pay off bonds, for renovations to his own stadium?!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

Again, if DC has a strong argument, why has Bowser attempted to placate Leonsis with $500 million? Tell Leonsis to return to Capital One and watch his teams play if the contract is ironclad.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

Again, if DC has a strong argument, why has Bowser attempted to placate Leonsis with $500 million? Tell Leonsis to return to Capital One and watch his teams play if the contract is ironclad.

Presumably the $500M would come with a further lease extension past 2047.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

Again, if DC has a strong argument, why has Bowser attempted to placate Leonsis with $500 million? Tell Leonsis to return to Capital One and watch his teams play if the contract is ironclad.

Presumably the $500M would come with a further lease extension past 2047.

DC government planning 23 years in advance? What are you smoking?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

Again, if DC has a strong argument, why has Bowser attempted to placate Leonsis with $500 million? Tell Leonsis to return to Capital One and watch his teams play if the contract is ironclad.

It’s a nice publicly-advertised sweetner if another ownership group buys the teams…

Ted should be looking hard at what happened to Dan Snyder. Sometimes it’s better to take your money off the table and go home with your legacy intact.

[Anonymous]

Too late.

Ted has poisoned the well with DC and MD fans and has shown his utter incompetence to VA fans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sell the teams, Ted

I imagine it wouldn't be too hard to find a lawyer with an opposite opinion. The courts will decide.

Agree. But the more subtle point is what are the relevant strengths of the legal arguments. Given that each side is taking publicly the opposite position, I assume reasonable arguments exist on both sides. If the contracts are clear cut in favor of DC, then one wonders why Ted even tried going down this path. Perhaps, as with his failures in Richmond, Ted failed to do his due diligence. If DC has a strong argument, Ted will end up being a complete loser, by pissing off the fans without actually moving.

Again, if DC has a strong argument, why has Bowser attempted to placate Leonsis with $500 million? Tell Leonsis to return to Capital One and watch his teams play if the contract is ironclad.

The actual letter makes the interesting point about these deals. Govt borrows money to build an arena, and the bonds issued by govt are backed by sales tax revenue until the bonds are paid off. A key rationale here for the govt is the sales tax revenue that will be generated after the bonds are paid off. Here, Ted wants to flee town before DC gets the long-term benefit of the sales tax revenue. In essence, Ted got free money, and DC got no long-term benefit, at least from sales tax revenue.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Neither league would approve a move from DC to Baltimore. Not going to happen.

Ted will get his $500M for CaptialOne, DC will up security and other investment in the area and perhaps strike some incentives for Ted to get in on some of the RFK land for other parts of his dream.

Not a chance that they will risk the commies choosing National Harbor because they've promised development rights at RFK to Ted

Not all of RFK, just a portion where he could do the hotel and casino.

I would much rather Ted Leonsis donate money and design fees towards a scenic “great park” with lake at the RFK site in exchange for him pretty much taking over Chinatown. Let him build a state-of-the-art stunning sports and media complex worthy of his ego: along the lines of the new Clippers arena in Inglewood and with a casino hotel not unlike Biff Tannen’s casino hotel in Hill Valley. Wave the hight limit as well for the casino hotel which will add a new landmark for the DC skyline. (The mayor had previously but unsuccessfully tried to remove the height limit to spur economic development.)

The Wizards and Caps could play in Baltimore for two seasons while everything is under construction.

I’d also like to see Leonsis sponsor a stunning new boathouse on the Anacostia for all the local high school crew teams that desperately need one.

so crazy it could work!! I wonder if granting a height variance alone on a hotel could be a big incentive.

Sorry. The Height Act doesn’t have a “waiver” provision. Especially not for a casino hotel, thankfully.

[Anonymous]

Anonymous wrote:Too late.

Ted has poisoned the well with DC and MD fans and has shown his utter incompetence to VA fans.

Montreal is watching this spectacle play out with la jubilation. If they play their cards right, Leonis could take his pride and move the teams to Montreal. It’s a big enough city for two hockey teams. And they badly want an NBA franchise. But they won’t get the Nationals/Expos back unless the mayor and council really screw that up.

[Anonymous]

If the NHL won't even put a team in Quebec City there's no way they'd let Ted water down the Montreal market with a second team. And the lackluster tenure of the Vancouver Grizzlies hasn't left the NBA eager to put a second team in Canada again.

It's possible that Leonsis could try to take his ball and go somewhere else, but it's not going to be Montreal.