Category: Ted Leonsis
Washington Capitals are ninth most valuable franchise in NHL after 31-percent growth over last year
WashingtonThe Washington Capitals, under the leadership of owner Ted Leonsis, have become one of the most valuable teams in the NHL. Sportico, a leading resource for sports business news, presented their 2024 valuations of every franchise in the league on Wednesday, and Washington is ranked ninth out of the 3...
Read moreTed Leonsis and DC Mayor Muriel Bowser announce new legislation supporting redevelopment of Capital One Arena
Monumental Sports & EntertainmentTed Leonsis, CEO of Monumental Sports & Entertainment, announced Monday that his company has partnered with DC Mayor Muriel Bowser on new legislation supporting a “public-private partnership to transform Capital One Arena.” The legislation will, among other things, finalize the $515 million deal...
Read moreCapitals invite fans to unveiling of 50th anniversary installation at Palmer Alley, featuring appearances by Ted Leonsis and Mike Green
Washington CapitalsThe Washington Capitals recently announced they were taking over CityCenterDC’s popular Palmer Alley to celebrate their upcoming 50th anniversary season. Now, they’re inviting the public to the official unveiling event and it seems pretty rad. On Friday, September 6 from 12:30 pm to 2:00 pm, Capital...
Read moreWashington Capitals reveal center ice design for 50th anniversary season
PedigreeThe Washington Capitals revealed their new center ice design for the 2024-25 season on Tuesday. “One of the best days of the year @CapitalOneArena,” Ted Leonsis wrote on X. “The ice is back. See you soon @Capitals fans.” The Capitals are utilizing their primary 50th anniversary logo at the faceoff c...
Read moreWashington Capitals to open installation near Capital One Arena celebrating 50th anniversary
CityCenterDCThe Washington Capitals are teaming up with CityCenterDC to celebrate their 50th anniversary outdoors. Palmer Alley, located a few blocks from Capital One Arena, will be transformed and have a Capitals’ theme starting in September. Pucks, hockey sticks, a Weagle fixture, and more will be suspended t...
Read moreTed Leonsis celebrates 25th anniversary of purchasing Washington Capitals from Abe Pollin
Lincoln Hockey LLCWhile the Washington Capitals are set to celebrate their 50th anniversary during the 2024-25 season, owner Ted Leonsis is celebrating a personal milestone of his own. Tuesday, July 9, 2024, marked 25 years since Leonsis purchased the Capitals as part of the Lincoln Hockey LLC ownership group. It’s a...
Read moreTed Leonsis has big ideas for Washington DC to help reinvigorate Gallery Place, Chinatown, and Capital One Arena
Virginia governmentTed Leonsis’s bid to move the Washington Capitals and Washington Wizards to Northern Virginia ended in late March when he officially signed a $515 million deal with Washington DC to keep his teams at Capital One Arena through 2050. Both fans and the Virginia government resisted the move to Alexandri...
Read moreTed Leonsis reveals that Capitals have future plans to honor franchise legends like Peter Bondra and Olie Kolzig
Monumental Sports & EntertainmentCapital One Arena is set for an overhaul after Ted Leonsis came to terms on a $515 million deal with the city of DC in late March. Leonsis, founder, chairman, and CEO of Monumental Sports & Entertainment, recently sat down with FOX 5’s Steve Chenevy for an update on the building’s renovation pro...
Read moreTed Leonsis plans to make another offer to buy Washington Nationals from Lerner family: ‘I’m not going anywhere’
Washington NationalsTed Leonsis already owns the Washington Capitals, Washington Wizards, and Washington Mystics. And, he now says he will make another run at purchasing the Washington Nationals from the Lerner family after having his previous offer for the MLB club rebuffed in late 2022. Leonsis revealed his continued...
Read moreCapitals announce combined donation of $30,000 to rebuild Virginia inline rink destroyed by wildfire
Hoover Ridge, Inc.An area inline rink that was destroyed by a wildfire in late March is being rebuilt thanks to a combined $30,000 donation announced by the Washington Capitals on Thursday. The Monumental Sports & Entertainment Foundation, MSE chairman and CEO Ted Leonsis, and the National Hockey League partnered...
Read moreTed Leonsis wants to bring a women’s hockey team to DC: ‘I’d like to make DC the capital of women’s professional sports’
Monumental Sports & EntertainmentTed Leonsis would like to bring a women’s hockey team to DC. The Monumental Sports & Entertainment majority owner made the revelation in an interview with CNBC’s Andrew Ross Sorkin as the two chatted about the rise of women’s sports at the Global Sports Leadership Conference on Kiawah Island. “W...
Read moreWizards, Caps to stay in D.C. with arena upgrade
Washington WizardsThe NBA's Washington Wizards and NHL's Washington Capitals are staying in the District of Columbia.
Read moreWizards, Caps to stay in D.C. with arena upgrade
Washington CapitalsThe NBA's Washington Wizards and NHL's Washington Capitals are staying in the District of Columbia.
Read moreWizards, Caps to stay in D.C. with arena upgrade
Washington WizardsThe NBA's Washington Wizards and NHL's Washington Capitals are staying in the District of Columbia.
Read moreMonumental and DC come to terms on $515 million deal that will see Capitals and Wizards stay at Capital One Arena until 2050
Muriel E. BowserThe Washington Capitals and Washington Wizards are staying in DC. DC Mayor Muriel E. Bowser and Ted Leonsis, founder, chairman, and CEO of Monumental Sports & Entertainment, have finalized a deal to keep the franchises in downtown DC until 2050. The news comes after MSE abandoned their planned m...
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