A successful construction contractor in the Washington area, Pollin headed an investment group that bought the then Baltimore Bullets in 1964. He moved the team to the Washington area in 1973 after building the Capital Centre. In 1996, Pollin announced that he was changing the team's name because he felt the name "Bullets" had too many negative connotations. "Our slogan used to be 'Faster than a speeding bullet,' but that is no longer appropriate", Pollin told the press. A "Name the Team" contest yielded the name "Wizards."