Summary
Washington Capitals owner Ted Leonsis and general manager George McPhee still have one thing left after their purge of most of the team's biggest stars and high-priced veterans: hope.
That might seem a dubious concept for a club that has traded away its best and most marketable players and is playing out the string in its worst season in 26 years. However, the Caps' braintrust does have a plan. Specifically, a plan based on a gamble.See the full content of this document
Extract
Calculated Risk ; Caps' Pintheir Hopeson Youth
Leonsis and McPhee are betting the NHL's labor problems will wipe out the 2004-05 season and radically alter the league's salary structure - and leave the Caps with a hat trick of benefits that will lead to a quick turnaround when play resumes.
The cancellation of the season would, the thinking goes, give the Caps' young talent - much of it accumulated in eight salary- slashing trades made in recent weeks - time to develop at the minor league affiliate in Portland, Maine.The Caps also w...See the full content of this document
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