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Ted Leonsis
Ted Leonsis Net Worth is $1 Billion. Ted Leonsis is a major investor with a net worth of $1 billion. Ted Leonsis earned his net worth through the many investments in sports teams, films and as the author of "The Business of Happiness." He was born in. Theodore John Leonsis (born ...

Ted Leonsis Net Worth is $1 Billion.

Ted Leonsis Net Worth is $1 Billion. Ted Leonsis is a major investor with a net worth of $1 billion. Ted Leonsis earned his net worth through the many investments in sports teams, films and as the author of "The Business of Happiness." He was born in Theodore John Leonsis is an Internet pioneer, sports team owner, venture capital investor, filmmaker, author and philanthropist. His early new media company, Redgate Communications was acquired by America Online in 1994, and Leonsis became a senior AOL executive for the next 13 years. He is the majority owner of the NHL's Washington Capitals, the NBA's Washington Wizards, the WNBA's Washington Mystics and the Verizon Center in Washington, DC. He serves as Founder and Chairman of SnagFilms, vice chairman of Groupon and on the board of American Express and other companies. Leonsis has produced documentary films such as the Peabody and the Emmy Award-winning Nanking and is the author of The Business of Happiness.
Leonsis was born to Greek American parents in Brooklyn, and spent his early years there. His parents worked as a waiter and a secretary. After skipping 8th grade, Leonsis attended Brooklyn Technical High School but before graduation...
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Ted Leonsis Latest News

Ted Leonsis: Put the Wizards on national TV and ‘I’ll make sure our players show up’

In a memo sent to all 30 teams Monday, NBA Commissioner Adam Silver said the practice of resting star players has “become an extremely significant issue for our league” and will be discussed at the April 6 Board of Governors meeting in New York.
Posted: March 20, 2017, 9:00 pm

Wizards Owner Ted Leonsis Responds to Adam Silver's Memo on Resting Star Players

After NBA Commissioner Adam Silver addressing the issue of players resting during nationally televised games, Washington Wizards owner Ted Leonsis discussed the issue Tuesday at the Sports Business Summit. Leonsis also told the crowd the NBA could expect ...
Posted: March 21, 2017, 4:19 pm

NHL poised to skate into China, hockey’s next frontier

The Boston Bruins sent an envoy on a Chinese tour last summer that included players Matt Beleskey and David Pastrnak, and Washington Capitals owner Ted Leonsis recently said his team could be next after hosting youth players from China in January.
Posted: March 27, 2017, 2:29 pm

Here are all the players mad about the NHL’s stance on the 2018 Olympics

Capitals owner Ted Leonsis has no problems with his captain playing either, saying back in December that he supports Ovechkin’s decision. In late January, a trio of NHL stars spoke out on their hopes for NHL player inclusion in the upcoming Olympics.
Posted: March 26, 2017, 8:25 am

Ted Leonsis isn't concerned about Baltimore Arena Football League team's ticket sales — yet

When Ted Leonsis announced he was starting two Arena Football League teams 35 miles apart in the same year, he knew it wasn't going to be easy. That's why, so far, he's not worried about slow ticket sales. Leonsis, the CEO of Monumental Sports and ...
Posted: March 23, 2017, 1:33 am
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