| Born: | Jan 08, 1957 | Status: | Owner (Washington Capitals) |
| Hometown: | New York, NY, USA | Known For: | Founder, chairman, and CEO of Monumental Sports & Entertainmen |
Ted Leonsis (born May 31, 1961) is a businessman, investor, filmmaker, author, inventor, philanthropist, and former politician. He’s a former senior executive with AOL and is the founder and chairman of Monumental Sports & Entertainment, the Revolution Growth Fund and SnagFilms. He invests in numerous companies including Google, Groupon, SB Nation, Forbes and many, many more.
Under Monumental Sports & Entertainment, Leonsis owns the Washington Capitals, the NBA’s Washington Wizards, the WNBA’s Washington Mystics, and Arena Football League teams the Washington Valor and Baltimore Brigade. Separately, he owns eSports team Team Liquid.
Capitals Under Ownership
Leonsis purchased Washington Sports & Entertainment in 1999 for $200 million, $85 million of that for the Capitals. Since then, the team has had tremendous success, winning 11 division titles, three Presidents’ Trophies and the franchise’s first Stanley Cup in 2017-18. The club is worth $750 million (2020).
Deeper Dive
Staff History
- Washington Capitals (Franchise Owner) 1999-current
- Washington Capitals (Chairman) 1999-current
Achievements
- NHL Stanley Cup Champion (2018)