Engaged. Zach Leonsis, the son of Monumental Sports Chief Executive Officer Ted Leonsis, to his girlfriend, Melissa Cook, a corporate manager at Discover Education. Leonsis popped the question a month ago in Hawaii, but word of the happy news just recently trickled down to Washington’s social circles when the Peacock Cafe, a favorite restaurant of the Leonsises, posted […]
Ted Leonsis thought he'd won. He was in his mid-20s and had already sold his first company for tens of millions of dollars. Then he got on a plane with mechanical issues and, while preparing for a crash landing, realized how littleShow More Summary
This morning, Revolution, a Washington, D.C.-based venture firm founded by former AOL executives Steve Case, Donn Davis and Ted Leonsis, is taking the wraps off its newest growth fund, which it has closed with $525 million. Revolution — which...Show More Summary
AOL founder Steve Case's fund Revolution Growth has a fresh $525 million to invest in a new focus that he and partner Ted Leonsis believe will have companies flocking to Washington D.C. in upcoming years.
“Mess with the bull, get the horns.” That old adage is something that Washington Capitals owner Ted Leonsis is probably thinking about at this moment. Leonsis took a shot at Puck Daddy’s Greg Wyshynski on Twitter in response to an innocuous...Show More Summary
The following is the most satisfying three-act play you will ever witness, in which Washington Capitals owner Ted Leonsis attempts to make a crack about Yahoo’s decline and dragged out sale process, and gets positively roasted by Puck Daddy proprietor Greg Wyshynski in return: Read more...
The squad, which is yet to be named, will play at the Verizon Center beginning summer 2017. [ more › ]
Ted Leonsis' Monumental Sports & Entertainment announced it has acquired an expansion Arena Football League team to begin play at Verizon Center in the spring of 2017.
"They failed their populace because they don't have clean running water and it's the most fundamental deliverables of local government." [ more › ]
Commissioner Scott Butera says the Arena Football League is in "serious negotiations" with Ted Leonsis' Monumental Sports & Entertainment about bringing a team to Washington.
How technology is changing the way sports content gathered, analyzed and consumed.
Washington Capitals and Wizards owner Ted Leonsis has made waves in the past by insinuating he’d consider keeping the TV rights for his two teams in-house, and making games available online through his Monumental Network. The idea of...Show More Summary
Data company Sportradar received a huge boost Tuesday as a trio of high-profile NBA owners were revealed as investors. According to Scott Soshnick of Bloomberg, Charlotte Hornets owner Michael Jordan, Dallas Mavericks owner Mark Cuban...Show More Summary
Sportradar has officially made data sexy. The sports data technology and services company has secured a strategic investment from Revolution Growth, which was co-founded by Washington Capitals, Wizards and Mystics owner Ted Leonsis. The investment is approximately $44 million according to a source familiar with the deal. Dallas Mavericks owner Mark [...]
We The People: The Market Basket Effect is a documentary that focuses on the dramatic relationship of the Demoulas family over control of their $4 billion supermarket chain, Market Basket. I spoke with Robert Friedman and Ted Leonsis...Show More Summary
Former executive at America Online and cofounder of Steve Case's Revolution Growth Fund Ted Leonsis hand-selects six the essential works for every budding entrepreneur to read.
A version of this story appears in the August 17, 2015 issue of Forbes. TED LEONSIS, a former executive at America Online, is cofounder and partner of Steve Case's Revolution Growth Fund and, as founder and CEO of Monumental Sports & Entertainment, majority owner of three D.C. pro sports teams. Startup honchos who [...]
In the news: Cyclist killed in collision in Bethesda, Ted Leonsis eyeing St. Elizabeths as Wizards practice facility, and more. [ more › ]
In a recent blog post, Ted Leonsis, the CEO of the company that owns and operates the Wizards and Capitals had some thoughts on the future (...)
This got lost over the weekend, but on Saturday, the Washington Wizards honored the end of Black History Month by posting an image on Facebook that seemed to be equating Martin Luther King Jr. to team owner Ted Leonsis. Well, that’s not at all ridiculous. Show More Summary