Boutique Asia-based firm Puji Capital has made a strategic investment in Peter Guber and Ted Leonsis' eSports ownership and management group, aXiomatic. Financials were not disclosed, although this marks the increasingly active Puji's first move into the eSports sphere. Show More Summary
BALTIMORE — Ted Leonsis said the words of another sports mogul compelled him to push for an Arena Football League team in Baltimore: Kevin Plank. Leonsis, the CEO of Monumental Sports and Entertainment, said hearing the CEO of UnderShow More Summary
And one-third of the Arena Football League. [ more › ]
In a Washington Post interview, he says if he does move, he'd want it to be elsewhere in the District. [ more › ]
This motherfucker. Here’s Ted Leonsis, majority owner of the Washington Capitals, the Washington Wizards, and the arena in which both those teams play their home games, D.C.’s Verizon Center, mewling to the Washington Post because he has to pay his own mortgage and building costs instead of passing them on to the taxpayers of the city: Read more...
There’s been a lot of discussion about ESPN and other national sports TV networks going over-the-top (offering their network on a streaming, standalone basis rather than bundled into a cable or satellite package), but Washington Capitals, Wizards and Mystics owner Ted Leonsis is approaching the equation from the other side. Show More Summary
One after another, the Washington Wizards marched in for their exit interviews with owner Ted Leonsis and general manager Ernie Grunfeld. After a disappointing 2015-16 campaign that ended with a.500 record, no playoff appearance andShow More Summary
Plus, local consultants who can't notch a win, a deadly Virginia prison, and more news. [ more › ]
WASHINGTON — If you aren’t familiar with "League of Legends," "Counter-Strike: Global Offensive" or "Hearthstone," it’s time to brush up on your video games because Monumental Sports & Entertainment owner Ted Leonsis thinks e-sportsShow More Summary
It is in Columbia Heights. Plus, the cause of Metro's track fire last week, Ted Leonsis' new e-sports team, and more in the news. [ more › ]
The former President of AOL compares e-sports to instant messaging.
Golden State Warriors co-owner Peter Guber and Washington Wizards majority owner Ted Leonsis have put their basketball-related differences aside and joined together to acquire the esports franchise Team Liquid.
Some of Hollywood’s better-known execs and financiers — led by Peter Guber and Ted Leonsis — have caught the esports bug: This morning they unveiled a deal to buy a controlling interest in Team Liquid, a major franchise with more than...Show More Summary
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 › ]