Ted Leonsis will retain control, but the move could mean more community outreach. Billionaire philanthropist Laurene Powell Jobs is becoming a 20 percent shareholder in Monumental Sports & Entertainment, the corporation that owns the...Show More Summary
WASHINGTON (AP) -- Billionaire executive Laurene Powell Jobs has agreed to buy a 20 percent stake in Ted Leonsis' Monumental Sports & Entertainment.
Knot, tied in style: Zach Leonsis, the son of sports-team owner Ted Leonsis, married Melissa Cook on Saturday in a ceremony in his parent’s Potomac, Md., backyard. Though obviously, since we’re talking about Washington sports royalty, this was no burgers-and-dogs affair. There were VIP guests aplenty, including NBA commissioner Adam Silver, celebrity chef José Andrés, BET […]
The owner of Washington's Wizards and Capitals thinks better management can make the AFL successful.
Wizards President Ernie Grunfeld announced today that the team has signed All-NBA guard John Wall to a multi-year contract extension. “John is an exceptional talent and a cornerstone for our team – and our city,” said Ted Leonsis, Founder, Chairman and Majority Owner of Monumental Sports and Entertainment. “This signing means stability for the Wizards [...]
WASHINGTON (AP) -- John Wall signed his $170 million, four-year contract extension that owner Ted Leonsis said provides the Washington Wizards with long-term stability.
(Paul Mirengoff) Ted Leonsis owns the Washington Wizards and the Washington Capitals. The hockey team has done quite well under his leadership, though a deep playoff run has eluded it. The basketball team has often been mediocre or worse, though it now is among the better NBA squads. Show More Summary
Want to know how analytics, technology, mediaand sports are converging? Ted Leonsis is your man.
Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. Show More Summary
Want a taste of some 90's early internet nostalgia? For $45, this T-shirt featuring AOL's classic logo can be yours, courtesy of Urban Outfitters: Ted Leonsis, the former AOL exec and current owner of the Washington Capitals hockey team, even tweeted about it: AOL Tshirts, back in vogue here, click to buy. Show More Summary
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
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 › ]