[62] The Wizards also announced that they would raise ticket prices for a third consecutive year. “When I found a gown that was so striking and never worn before by a bride, I fell in love pretty quickly.”. Leonsis is the founder, chairman and largest shareholder of SnagFilms, a content and technology company with a full-service video streaming platform, professional video and journalism content assets and established relationships with the creative community. [68] The film is based on the book The Rape of Nanking by Iris Chang. Theodore John "Ted" Leonsis, född 8 januari 1957, är en amerikansk företagsledare som är grundare, majoritetsägare, styrelseordförande och vd för holdingbolaget Monumental Sports & Entertainment, LLC [2] sedan den 10 juni 2010. "[48] Again in 2009, he received criticism for preventing visiting team fans from purchasing Capitals playoff tickets. [8] Leonsis also reflects on his working-class roots that being a grocery store manager was all his dad aspired him to be. Born to a family of working-class Greek immigrant parents and grandparents who were mill workers,[5][6] who worked as a waiter and a secretary. “My mom is damn good at throwing a beautiful party!”. Have a healthy son 3. In the altercation, Leonsis grabbed and threw the fan to the ground, which also caused a young child to fall to the ground. Leonsis is the founder of the Leonsis Foundation, which supports children "overcome obstacles and achieve their goals". Biography of Ted Leonsis. After hours of sipping champagne and drinking Guinness, there also needs to be … chili dogs. Monumental and CSN Mid-Atlantic formed an advanced media partnership that not only extended CSN's exclusive media rights to the Capitals and Wizards but also saw Monumental become an equity partner in CSN. Leonsis serves on the board […] José and Patricia Andrés, Robert Altman and Lynda Carter, Mark and Sally Ein, Don Graham and Amanda Bennett, Arthur and Hannah Weiland Guinness, Mark and Judy Lerner, John and Gina Carlson, The Right Honourable James Stourton, and Chris and Lorraine Wallace. [41] Leonsis said that Cox was angry that he did not receive the access to Ovechkin that he wanted and defended his support for the league. [5][11][12] Also during college, Leonsis, with encouragement from a mentor, Reverend Joseph Durkin, used computers and primitive punch cards to his thesis where it introduced him to the potential fortunes that were to be made in the emerging software and personal computer industries of the early 1980s[citation needed]. The trade was enthusiastically well received by fans and over 300 people showed up at Dulles International Airport to greet Jágr when he arrived. In 2018, Leonsis announced the purchase of an NBA G League franchise that would be later named the Capital City Go-Go. “The bold and beautiful pattern really made me feel like it was a work of art,” Leonsis says. [62], Leonsis purchased the rights to the Mystics around the same time he took over the Wizards.[63]. Leonsis is married to Lynn Leonsis and they have a son and a daughter. Within a year of dating, Leonsis took a leap of faith, moving from Washington to London and making a home with Helme in Notting Hill. The first fact is that Mrs. Leonsis was born Lynn Marie Peterson on September 14, 1958. He is also founding member and investor in the Revolution Growth Fund,[2] which includes investments in FedBid, Resonate Insights, Optoro and CustomInk. Beal ready to max out for Wizards after 5-year, $128M deal. Ted Leonsis has lost three friends to suicide. Ted Leonsis (Left) Posing for a Photograph With Lynn Leonsis (Right) (Photo: Facebook/tedleonsis) Lynn gave birth to their son, Zachary Leonsis, in October 1988, and their daughter, Elle Leonsis, in 1992. Ted Leonsis - 298 Followers, 30 Following, 57 pins | Entrepreneur, Sports Team Owner, Philanthropist, Venture Capitalist, and Filmmaker. 202.745.9268, [email protected]. He acquired the property for $20 million after selling homes in McLean, Virginia and Vero Beach, Florida. And there are things that you don't get online. The painting features a championship-hat-wearing Alex Ovechkin holding up the Stanley Cup with Ted while Leonsis’s wife Lynn, his daughter Elle, and his son Zach smile in the background. [87], Leonsis once served as the mayor of Orchid, Florida. After graduating from college, he then moved back to his parents' home in Lowell and began working for Wang Laboratories as a corporate communications manager and Harris Corp. as a marketing executive. He is an avid fan of sports and music, especially Fugazi, Jimi Hendrix, The Rolling Stones and Elvis Presley. Tell me if I’m wrong, but Ovi looks like Ted’s long lost other son. The couple married back in August 1987 and their relationship has remained rock solid ever since. Fall in love and get married 2. "I agree with him," Dan Snyder chimed in, to much laughter. [64] On July 14, 2016, the team name was revealed as the Washington Valor. [67], His first production was the documentary Nanking, which premiered at the 2007 Sundance Film Festival. Theodore John Leonsis (born January 8, 1957) is an American businessman, investor, filmmaker, author, philanthropist, and former politician. Such a great memory.” And that, perhaps, is a different sonnet for another day. © 2020 Washington Life Magazine . Biography of Ted Leonsis. Ted Leonsis, daughter Elle Leonsis Helme and son Zachary Leonsis watch a Wizards game in … In summer 2001, the Capitals traded for Jaromír Jágr and signed him to what was at the time, the largest contract in NHL history. The company owns and operates a number of professional sports teams based in Washington, […] The first fact is that Mrs. Leonsis was born Lynn Marie Peterson on September 14, 1958. – City Desk", "Leonsis, Ted Is Washington turning on its good-guy megamogul? https://www.wealthypersons.com/ted-leonsis-net-worth-2020-2021 [76], Leonsis has authored a number of books, including Blue Magic: The People, Power and Politics Behind the IBM PC and The Business of Happiness: 6 Secrets to Extraordinary Success in Work and Life. Leonsis got involved in politics after he ran a friend's campaign for Congress and worked as an intern for Paul Tsongas's office in Washington, D.C.[10] He has donated to the campaign of Barack Obama during his 2008 and 2012 elections and Hillary Clinton in 2016.[88][89][90][91][92]. ... My daughter is now … [20] Under his leadership, AOL increased its membership from under 800,000 members to over 8 million, while their annual revenue increased from $100 million to $1.5 billion. Ted Leonsis and family donate $1.5M to Georgetown for Venture Lab . [32] Additionally, he had taken under consideration restoring the Bullets name to the franchise,[33] though critics said that this would "send the wrong message" about gun violence in Washington. [1] He is an avid fan of sports and music, especially Fugazi, Jimi Hendrix, The Rolling Stones and Elvis Presley. [1] He is an avid fan of sports and music, especially Fugazi , Jimi Hendrix , The Rolling Stones and Elvis Presley . He doesn’t want to lose any more. Impressed by Leonsis, he helped Leonsis gain admission into Georgetown University. [citation needed], Leonsis is the founder of Revolution Money, a company which provides secure payments through an Internet-based platform. Ted Leonsis Wiki Biography. [49], In the face of community opposition, Leonsis has persisted with a plan to expand the billboards around the Verizon Center. 3 pick in the 2012 NBA Draft) and Otto Porter Jr. (No. Their engagement would merge two prominent families hailing from complementing industries: beer and sports. He has been married to Lynn since August 1987. [28] In 2016 a rebranded Monumental Sports Network was launched for digital, mobile and over-the-top platforms. They also acquired veterans like Nenê, Paul Pierce and Marcin Gortat early in Leonsis' tenure. [61], In February 2016, construction started on a new practice facility for the Wizards. [74], Leonsis is married to Lynn Leonsis and they have a son and a daughter. BD3 Design expertly replicated an Irish pub, “kitted out” with Guinness on tap along with a 20-foot-long oyster bar. The billionaire owner of the Washington Wizards (NBA) and Washington Capitals (NHL) purchased "Marwood", a 1926 chateau-style riverfront mansion on 13 acres, in 2011 for a reported $20M. A bad call", "Jagr Arrives With a Message; Of Stanley Cup Win, New Capital Says, 'Hopefully We're Going to Do It, "Scott Lovell goes from homeless to sober, clean and Caps fan", "Cox: Outlaw owners get their way in Kovalchuk deal", "Damian Cox Continues To Stir The Pot With Ted Leonsis – SB Nation DC", "D.C. Sports Bog – The Ovechkin Project, Gare Joyce and Ted Leonsis", "2013–2014 NHL Attendance – National Hockey League", "D.C. Sports Bog – Capitals raise ticket prices again", "Cheap Seats Daily: Who Says Ted Leonsis = Dan Snyder? [47] In 2001, Leonsis claimed to have written a computer program that prevented Pittsburgh Penguins fans (the Capitals first-round opponent) from purchasing tickets online. Entrepreneur, philanthropist, venture capitalist. Memorabilia from Donegal, Ireland, where the Guinness family has a beloved home, was also included in the theme. During his youth, Leonsis mowed lawns for extra money. It was honored with the 2008 Peabody Award[69] and the 2009 News & Documentary Emmy Award for Best Historical Programming (Long Form). [93] Through the Leonsis Foundation, his sports teams and the Monumental Sports & Entertainment Foundation, SnagFilms and his family's personal giving, more than 400 charities were served and supported during the last 12 months. [62] The development was paid for by DC taxpayers and District-funded Events DC while Leonsis' contribution to the $55 million cost was considered ceremonial. They have two children together with a son, Zachary Leonsis, and a daughter Elle Leonsis. And then, the dress. Wes Unseld, the Hall of Famer who led the then-Washington Bullets to the franchise's only NBA championship, died Tuesday morning, his family said in a statement. [19] When the organization was acquired by America Online (AOL) in 1994, Leonsis began working with AOL as a senior executive, remaining with the company for 13 years. “It surprised no one how immaculate the gardening and tent and little features all were,” says Leonsis, embracing her daughterly pride. [71], In 2013, Leonsis produced the documentary Lost for Life, which explores juvenile offenders who have been sentenced to life without parole. The bride’s father played a memorable role, serenading the couple alongside his college roommate with a surprise rendition of “Banana Boat Song.” The true pièce de résistance – the Stanley Cup – was displayed during cocktail hour and the bride watched the man of her dreams pop a magnum bottle of champagne right into it while friends and family looked on. For his involvement in the scuffle, Leonsis was fined $100,000. In 2009, the company was sold to American Express; Leonsis is now on the board of directors at American Express. Speakers bureau with booking and speaking fee information for live and virtual events with famous speakers like Ted Leonsis. [56] On May 10, 2011, the Wizards unveiled a new color scheme, uniforms and logo. The largest is Monumental Sports & Entertainment (MSE), where he … ... You're there with your son or your daughter or your wife or your girlfriend or your boyfriend, and you're eating popcorn and Cracker Jacks and all this [junk food]. He was 74. On June 7, 2018, the Washington Capitals won the Stanley Cup Championship by defeating the Vegas Golden Knights 4 games to 1. On a quiet night, he proposed with an Art Deco sapphire ring, which is reminiscent of the Greek evil eye emblem that symbolizes protection. The film premiered in January 2008 at the Sundance Film Festival. They have 2 children together, a son named Zachary, born in 1988 and a daughter, Elle, born in 1992. 1 pick in the 2010 NBA Draft), Bradley Beal (No. 3 pick in the 2013 NBA Draft). [45][46] In 2011, after raising ticket prices for the fourth consecutive year while shrinking the size of beers sold at the Verizon Center, he earned the nickname "Leon$i$". [55] Leonsis has taken a fan-centric approach to running the franchise, by listening and responding to the concerns of Wizards supporters through his email and personal website. Still via YouTube/CEO Club of Baltimore. Tell me if I’m wrong, but Ovi looks like Ted’s long lost other son. Ted Leonsis is Cofounder and partner of Revolution Growth as well as a nationally renowned entrepreneur, investor, and sports team owner. He recalls his experience with music when Leonsis was let out of school and when his parents got home from work where music helped him fill the void during his spare time. In return, Lovell vowed to remain clean and sober. Together they have two children; Zachary E. born in 1988, and daughter Elle C. Leonsis, born in 1992. Leonsis is married to Lynn Leonsis and they have a son and a daughter. [10][13][14][15], Leonsis left Harris Corporation in March 1981 when, at the age 25, he moved to Florida and began his first business venture. [52], In 2013, Leonsis received a letter about Jack Dibler, a lifelong Capitals fan who had recently been diagnosed with esophageal cancer. Ted Leonsis Details Bullish Vision for Esports, Sports Betting Washington Capitals owner Ted Leonsis and captain Alex Ovechkin hold the Stanley Cup after Game Five of the 2018 NHL Stanley Cup Final on Jun. [58][59][60] Leonsis was chairman of the NBA's 2014 media committee that negotiated a nine-year expanded partnership with Turner Broadcasting and The Walt Disney Company. He also received a suspension of one week, during which he was prohibited from having any contact with the team. Ted Leonsis, Producer: Nanking. [30], After purchasing the Wizards, Leonsis criticized the NBA's salary cap at a luncheon with business leaders. He is an extreme super fan of sports and music, mostly Fugazi, Jimi Hendrix, The Rolling Stones, and Elvis Presley. Ted Leonsis speaks at the CEO Club of Baltimore. Ted Leonsis, founder of Monumental Sports & Entertainment, talks about how he was enchanted with the start-up world at a young age. While their wedding embraced a woodlands theme, with colors of hydrangea, blue and green, and the fairest flowers “o’ th’ season” suspended throughout like Shakespearean verse, the event paid homage to their family legacies as well. He is currently the Chairman of Clearspring Technologies, an online content sharing network, which connects publishers, services and advertisers to audiences on the internet. [17] The first issue of the magazine was published in 1982, and was a huge success; $50,000 worth of copies were sold near cash registers, bookstores, and newsstands. [16][18], In 1987, Leonsis established the marketing communications company, Redgate Communications Corporation. [16] He raised $1 million in seed capital with his partner Vincent Pica,. The company grew out of Leonsis’ experience as a film producer. "[31] Leonsis has sought to roll-back changes to the Wizards and Capitals franchises that coincided with the opening of the Verizon Center in 1997. These charities and causes include Best Buddies, DC Central Kitchen, See Forever Foundation, Venture Philanthropy Partners, Street Soccer USA, YouthAIDS, GlobalGiving.org, DC-CAP, D.C. College Success Foundation, Potomac School, Georgetown University, Children's Hospital, Potomac Valley Amateur Hockey Association, Salvation Army Angel Tree, Alliance for Lupus Research, Serve DC, Fort Dupont Ice Arena and Ice Hockey Club, USO of Metropolitan Washington, Capital Area Food Bank, Flashes of Hope, Inova Health System Foundation, UNICEF, obesity prevention and numerous local schools, cancer research and awareness programs. [40] He also alleged that Leonsis was bribing bloggers for positive coverage of the Capitals. They have two children together, a son named Zachary, born in 1988, and a daughter, Elle, born in 1992. [65] On November 14, 2016, Monumental announced that it had acquired an AFL team that would begin play in 2017 in Baltimore. [2] He is an avid fan of sports and music, especially Jimi Hendrix , The Rolling Stones and Elvis Presley . Ted is founder, chairman, majority owner and CEO of Monumental Sports & Entertainment, which owns the 2018 Stanley Cup Champion Washington Capitals, NBA’s Washington Wizards, WNBA’s Washington Mystics, AFL’s 2018 Champion Washington Valor and … Do entertainers, celebrities and speakers for hire like Ted Leonsis do paid appearances and speaking engagements? The USOC ultimately selected Los Angeles, which lost the 2024 bid was awarded the 2028 Summer Games. Do entertainers, celebrities and speakers for hire like Ted Leonsis do paid appearances and speaking engagements? He was fined $100,000 by the league, for "unauthorized public comments regarding the league's collective bargaining negotiations. 202.745.9788, Fax. This was the first Stanley Cup victory in the history of the Washington Capitals. Leonsis found Lovell a part-time job as a restaurant kitchen worker and provided him with a paid and furnished apartment, a prosthetic leg and Capitals season tickets for life. [57] During Leonsis’ tenure as owner, the Wizards have compiled a promising young nucleus of players, including John Wall (No. By BENJAMIN STANDIG July 27, 2016 GMT. At an appearance at an elite club of business leaders in Baltimore on Wednesday, D.C. sports mogul Ted Leonsis said he’s excited by the notion of the three nearby major East Coast cities – Baltimore, Richmond and Washington, D.C. – merging to become a “super city.”