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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 buys stake in CSN Mid-Atlantic, sells stake in Monumental Sports Network to NBC

It’s no secret that Capitals majority owners Ted Leonsis — who also leads the ownership group that controls the Wizards, Mystics, and Verizon Center — has long wanted more control of the broadcast rights for his teams’ games. He’ll finally get it ...
Posted: October 11, 2016, 11:39 am

NOBODY ASKED ME (but Wizards) — Media Partners, Beal’s Disrespect & Preseason Basketball

(Partially.) So here are three unsolicited takes: We knew it was happening—that Ted Leonsis smartly formed his own media network years ago for a few reasons. Primarily: he “owns” the franchise (Wizards and Capitals, etc.), and he should not be ...
Posted: October 12, 2016, 7:25 am

An Esports Slam Dunk: What the NBA’s Investment in Esports Means

Not to be outdone, the next day Team Liquid announced they had sold a controlling share to Golden State Warriors co-owner Peter Guber and entrepreneur Ted Leonsis, who is the majority owner of the private company that owns the Washington Wizards.
Posted: October 20, 2016, 2:35 pm

Washington Wizards drop 30 spots in Ultimate Standings due to high prices and few wins

In fact, the franchise tumbled in the rankings in all but one category: coaching. Team owner Ted Leonsis brought in former Lakers coach Scott Brooks, which led to that 11-spot bump in coaching. But fan trust in Leonsis and the rest of the front office has ...
Posted: October 20, 2016, 9:06 pm

Ted Leonsis’ Monumental Sports Network brings OTT to DC sports

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 ...
Posted: October 14, 2016, 8:26 am
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