Parody-proof at any speed … (from The Hill)
Washington Sports and Entertainment, which owns the Washington Wizards basketball team and Verizon Center, yesterday blasted Democratic plans to kill a sports ticket loophole from lawmakersâ $50 gift limit, saying it would damage an important local business.
âWe support the concept of full and open disclosure on the part of lobbyists and lawmakers to comply with ethics standards,â said Matt Williams, senior vice president at WS&E. âHowever, we oppose a total ban on all corporate entertainment opportunities. And this ban of tickets to sporting events as gifts will cause a negative impact on our business.
âProbably more than any other franchises in professional sports, Washington, D.C.-area teams count business from lobbyists as a contributing factor to our bottom line. This ban will certainly negatively affect the business we do with one of the major industries in our region â the federal government.â
Abe Pollin, head of WS&E, may be especially chagrined by the public-sector smack-down because, by his own count, he spent $220 million to build the Verizon Center, which has spurred a boom of development in the Capitolâs Penn Quarter.
Reminds me of the old days of Pollin-Abramoff-DeLay shindigs.