By Matthew Sheffield | October 7, 2013 | 6:43 PM EDT

Ted Leonsis, the owner of the NBA Washington Wizards as well as the NHL's Washington Capitals took a swipe at the newspaper industry in general and the Washington Post in particular today saying that the Post was "not that important anymore" and that newspapers were based on antiquated business strategies.

Leonsis made those comments in an interview at George Washington University in DC when asked about his thoughts on the newspaper selling out to Amazon.com founder Jeff Bezos, as Politico reports: