 After their 1998 championship run, the Capitals finished the 1998–99 season with a record of 31-45-6 and failed to qualify for the playoffs.During the season, the team was sold to a group headed by AOL executive Ted Leonsis.The Capitals went on to win back-to-back Southeast Division titles in 2000 and 2001, yet both years lost in the first round of the playoffs to the Penguins.