When Washington Capitals owner Ted Leonsis announced the hiring of general manager Brian MacLellan on May 26, many in the Capitals community smelled a rat. Katie Carrera of The Washington Post captured that sentiment when she tweeted...Show More Summary
The Washington Capitals' brain trust of owner Ted Leonsis and president Dick Patrick must not allow the hiring of a general manager to overshadow the hiring of a head coach. The pressure-packed search for a GM has many qualified candidates, as I detailed in my column last week. Show More Summary
Ted Leonsis, whose Monumental Sports and Entertainment owns the, has his work cut out for him. After the Capitals failed to reach the postseason for the first time in seven years, Leonsis announced that general manager George McPhee and Adam Oates were done. Things have gone from bad to worse: superstar Alex Ovechkin has been [...]
Ted Leonsis doesn 't mess around. On April 10, one day after the Washington Capitals were officially eliminated from the NHL playoffs for the first time since 2006-07, the Capitals' owner wrote in his blog Ted's Take that "I want toShow More Summary
Even with the team’s “X-factor” suspended, the Washington Wizards had a No. 42 sitting next to the bench. The 57-year-old with graying hair couldn’t box out or grab a rebound, but owner Ted Leonsis waved his red towel and egged on a cheering crowd that chanted “Free Nene!” The Wizards did just fine without the suspended [...]
Washington Wizards owner Ted Leonsis has his players' backs. Wizards big man Nene was suspended for Sunday's Game 4 against the Chicago Bulls after he was involved in an altercation in Game 3, but his team certainly didn't forget about him. Although Nene was suspended for the game, Leonsis was spotted rocking a No. Show More Summary
The venture capitalist and sports-team owner explains what he looks for when he's considering investing in a startup. What does every company founder need to be successful? Ted Leonsis, founder of Redgate Communications, former AOL executive,...Show More Summary
A soccer stadium might not be the only new sporting facility in the city’s future: Sports mogul Ted Leonsis said last month he’s looking to build a basketball practice facility for his Wizards and Mystics, and indications are that downtown D.C. is his favored locale. But to observers of the real estate market, Jonathan O’Connell reports in […]
Nice take, Ted. Read more...
Local, organic salad chain Sweetgreen has attracted $22 million in funding from Revolution Growth, the investment fund founded by Steve Case, Ted Leonsis, and Donn Davis. Along with the funding, Case will join the board and advise Sweetgreen founders Nicolas Jammet, Jonathan Neman, and Nathaniel Ru.
You don't think of a guy like Ted Leonsis having to work to invest some money. After all, the former president of AOL sits on the board of companies like American Express and Groupon, where he's the chairman. And the firm he's part of,...Show More Summary
Revolution Growth Co-founder Ted Leonsis is aiming for a long term "Warren Buffet-type play" in investing $40 million in profitable customer apparel site CustomInk. The owner of the Washington Wizards and other sports teams believes it will be a $1 billion company.
Custom apparel company CustomInk just raised a whole lot of money, bringing on $40 million from Revolution Growth, the investment fund from Steve Case, Ted Leonsis, and Donn Davis. Along with the funding, Leonsis will join the company's board as it seeks to expand and go after new opportunities.
As a team that hasn't missed the postseason once in the last six years, the Washington Capitals' 3-5 start has to be at least a little troubling for majority owner Ted Leonsis, general manager George McPhee and bench boss Adam Oates. There...Show More Summary
The Washington Capitals will host of the 2015 Winter Classic. The Washington Capitals will host the 2015 Winter Classic, according to a report from Katie Carrera of The Washington Post on Friday morning. Owner Ted Leonsis is going to officially confirm the event during the Capitals Convention on Saturday. Show More Summary
EveryBlock founder Adrian Holovaty advises Twitter not to hire Vivian Schiller as Head of News. (latimes.com) Ted Leonsis, a frequent critic of the Washington Post, says the paper is “not that important anymore.” (politico.com) | Earlier: Leonsis on print media. (washingtonpost.com) “60 Minutes” is criticized for not interviewing any disabled people for … Read More
Ted Leonsis, the owner of the NBA Washington Wizards as well as the NHL's Washington Capitals took a swipe at the newspaper industry in general and the Washington Post in particular today saying that the Post was "not that importantShow More Summary
Ted Leonsis took over the Wizards in the summer of 2010, having purchased the club from the Pollin family following patriarch Abe's death. The Wizards have a.313 winning percentage since the takeover. Washington hasn't made the playoffs since 2008, hasn't won a playoff series since 2005 and hasn't won 50 or more games since 1979. Show More Summary
Wizards owner Ted Leonsis has run out of patience with his team’s rebuilding efforts and expects to finally receive a payoff for his investments this season in the form of a playoff appearance. Before the Wizards held an open practice and scrimmage on Friday at Verizon Center, Leonsis addressed reporters for roughly 30 minutes and put [...]
Owner Ted Leonsis knows Wizards fans want to see the team get back to the playoffs.