Ted Leonsis

Ted Leonsis and NHL start GoFundMe to raise money for Fort Dupont Ice Arena

After the news broke on Friday that crucial funding for upgrades and a second rink at Fort Dupont Ice Arena was in jeopardy as Mayor Bowser formally requested to shift the funds renovations for DC schools, Monumental Sports Entertainment, Capitals owner Ted Leonsis, and the NHL have partnered to kick-start the first round of funds necessary to move forward with the project.

The Leonsis family, Monumental Sports, and the NHL have each donated $100,000 to the cause, and are looking to Capitals fans and the wider DC community to help them hit a goal of $500,000 via GoFundMe.

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By Donya Abramo 3 weeks ago

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Fort Dupont funding for new facility in jeopardy, DC council could vote to save it on Tuesday

The Fort Dupont Ice Arena has been a part of the Southeast DC community since 1976. It helps make hockey accessible for everyone through events like Gonzaga High School’s Purple Puck Tournament every Christmas, and programs like Kids-On-Ice which teaches children how to skate for free.

Funds promised to the rink by DC government for repairs and the addition of a second sheet of ice are now in jeopardy. In January, Mayor Bowser formally requested to shift the funds promised to Fort Dupont to a different use. Caps owner Ted Leonsis voiced his displeasure with the potential reallocation on Twitter, Friday.

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By Julia Karron 3 weeks ago

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Ted Leonsis says Caps will have an announcement about White House visit ‘soon’

In an interview with WTOP on their “Ask the Owner” segment, Monumental Sports and Entertainment chairman Ted Leonsis answered questions on everything from the state of the Washington Wizards to how legal sports betting will transform the sports marketplace.

His most noteworthy comments came on a potential Capitals’ White House visit.

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By Julia Karron 3 weeks ago

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According to Forbes, the Capitals are the 10th most valuable franchise in the NHL

Last Wednesday, Forbes released its valuations for each NHL franchise. The Caps are ranked tenth in total valuation at $725 million, well over the league average of $630 million.

The leaders for valuation include the New York Rangers ($1.5 billion), the Toronto Maple Leafs ($1.45 billion), and the Montreal Canadiens ($1.3 billion).
Here’s the rest of the top 10.

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By Julia Karron 2 months ago

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Dave Matthews receives Capitals jersey, takes photo with Ted Leonsis and Stanley Cup

Dave Matthews Band is in DC for a concert Thursday evening and had a special visitor beforehand. The members of the DMB stepped into what is usually the Capitals locker room in Capital One Arena and took photos with owner Ted Leonsis and the Stanley Cup.

The band has roots in the area and formed in Charlottesville, VA in 1991.

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By Brennin Weiswerda 2 months ago

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Ted Leonsis lands Washington Business Journal cover after being named ‘CEO of the Year’

Washington Capitals owner Ted Leonsis was named CEO of the year by the Washington Business Journal in October. Thursday, the publication released its edition for the week of December 7. Leonsis is on the cover and… [temporarily blinded] oh, why hello there.

The Monumental Sports and Entertainment chairman is showing off his Capitals’ Championship ring.

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By Cara Bahniuk 3 months ago

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‘No one deserves this more’: Ted Leonsis thinks José Andrés should win Nobel Peace Prize

José Andrés is a household name in the DC-metro area after opening popular restaurants such as Jaleo and minibar. But over the last few years, the Spanish-American chef, who also owns venues in Los Angeles, Las Vegas, South Beach, and Frisco, has put his heart into helping those truly in need with disaster relief – most recently to help feed victims of the California wildfires.

On Monday, the Washington Post reported that Andrés’ was nominated for a 2019 Nobel Peace Prize for his humanitarian efforts across the world.

Capitals owner Ted Leonsis agrees wholeheartedly that Andrés should win.

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By Cara Bahniuk 3 months ago

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Alex Ovechkin is basically Ted Leonsis’s son in this commissioned family portrait

After the Capitals won the Stanley Cup, fans tried to grab any memorabilia related to the win, including buckets, bobbleheads, and a book chronicling the journey.

One thing that Capitals owner Ted Leonsis was able to get was a hand-painted family portrait featuring the trophy, commissioned to local artist Taylor Kampa Olson.

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By Julia Karron 3 months ago

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Ted Leonsis named CEO of the year by Washington Business Journal

Washington Capitals owner and Monumental Sports and Entertainment’s founder, chairman, and CEO Ted Leonsis was honored as CEO of the year by the Washington Business Journal on Monday.

Past winners of CEO of the Year have included Matt Kelly, CEO of JBG Smith Properties, and Arne Sorenson, President and Chief Executive Officer of Marriott International.

The criteria for naming the CEO of the year, according to WBJ’s Editor-in-Chief Douglas Fruehling, is “pretty simple: It must be someone who moves his or her company or organization — and the region and its economy — forward in a positive way during the year.”

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By Julia Karron 4 months ago

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Ted Leonsis on Barry Trotz resigning: ‘I live up to my contracts’

The Capitals were able to bring back the majority of the team in their attempt to win back-to-back Stanley Cups. However bench boss Barry Trotz was not among them. Trotz became only the seventh coach in the expansion era to leave his team after winning a championship.

In an NHL Q&A feature, Ted Leonsis commented on Trotz’s decision to resign and become coach for the New York Islanders.

The Capitals majority owner didn’t begrudge Trotz wanting to cash in, but was disappointed the coach reneged on a previously renegotiated clause in his contract after the Capitals won the Stanley Cup. Leonsis also revealed he could have blocked Trotz from leaving the team, but didn’t because he didn’t want to add “any negative karma or drama” to an already fraught situation.

“I live up to my contracts,” Leonsis said.

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By Julia Karron 4 months ago

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