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Leonsis confident signing was the right move for Caps

The whopper of a contract signed by Alexander Ovechkin is just the latest move by owner Ted Leonsis to give the NHL its best shot in Washington, writes Scott Burnside.

Updated: January 11, 2008, 2:33 PM ET
By Scott Burnside | ESPN.com

No matter how this all ends in Washington, in Stanley Cup glory or in bitter disappointment or ultimately with the arrival of moving trucks bound for Kansas City or Las Vegas or even Hamilton, no one will ever accuse Ted Leonsis of not putting it all on the table.

The owner of the Washington Capitals has wagered $124 million that over the course of the 13-year contract extension Alexander Ovechkin signed Thursday the Russian star will prove to be the kind of player who will not only leads ...

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