I am not sure what the agenda was in writing this article as I didn’t understand the thesis within but I will say it again. We are committed to the Washington Mystics. And the WNBA.Sheila Johnson is the most passionate and engaged owner of a franchise I have seen in the WNBA. She loves the team; the players; and the fans. She is totally committed to the team’s success on the floor and at the gate.
We have invested as a partnership in every way imaginable.
We want to break the code and find a way for the team to trend toward profitability. We have a long, long way to go. Sheila is focused on the team’s performance on the floor and as a business enterprise.
Sheila is an advocate for the league and for the team in our partnership. I trust in her and her leadership for this franchise. I also care about the team and the league and the players. I go to games. I am involved in all matters related to the team as well.
As the article notes, one team in WNBA history has made money and that is a team that is owned and operated by a casino that plays in its own building so this Mystics team is an effort with a higher calling and a higher mission in mind. We want to do the right thing the right way and we want to have a franchise that is best in class in everything we do.
As noted, our expense structure remains high or highest in the WNBA. We will do our best to grow revenues and earn the support of our community. We are committed and Sheila is doing the right things for the franchise to remain viable and have a bright future.
Wish us well in that pursuit.