Quote:
Originally Posted by PeteMoss
In 1996 - the San Antonio Spurs were sold for $76 million. In 1999 - the Washington Capitals were sold for $85 million. Relatively close values.
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I'm sure Ted isn't feeling too bad about his investment when the Capitals are worth nearly 1B more than when he bought it 20 some years ago.
(For what it's worth the Spurs were sold in 1993)