Theodore John Leonsis is an American businessman. He is a former senior executive with America Online (AOL), and the founder, chairman, and CEO of Monumental Sports & Entertainment, which owns the Washington Wizards, Washington Capitals, Washington Mystics, and Monumental Sports Network.
Leonsis in 2013
Leonsis in 2008
Leonsis watches Wizards player John Wall in 2010
Leonsis (right) with Brooks Orpik and Alexander Ovechkin during the 2018 Stanley Cup championship parade
Monumental Sports & Entertainment
Monumental Sports & Entertainment (MSE) is an American sports and venue management company founded by Ted Leonsis in June 2010. Monumental owns and operates the NHL team Washington Capitals, the NBA team Washington Wizards, the WNBA team Washington Mystics, and the NBA G League team Capital City Go-Go. Other properties owned include Monumental Sports Network, Capital One Arena, EagleBank Arena, and the defunct Arena Football League (AFL) teams Washington Valor
and Baltimore Brigade. Monumental is headquartered in Washington, D.C. and was valued at $6.16 billion in 2024.
Chairman and CEO Ted Leonsis founded Monumental Sports & Entertainment in 2010.
The Capital One Arena hosting a Washington Capitals game, both owned and operated by Monumental
