Leonsis Named 2017 Business Leader of the Year by D.C. Chamber of Commerce

WASHINGTON, D.C. – The D.C. Chamber of Commerce has named Founder, Chairman, Majority Owner and CEO Of Monumental Sports and Entertainment Ted Leonsis as the 2017 Business Leader of the Year.

 

At the annual Chamber’s Choice Awards Gala, the Chamber bestows awards on organizations and individuals whose outstanding contributions are making Washington a great place to do business. Nearly 1,200 of Washington’s dignitaries, corporate citizens and business owners celebrated the year’s business and civic successes together on Friday, October 20 at the Marriott Marquis Hotel.

 

In 2017 alone, MSE – under the leadership of Leonsis – agreed to a new television rights deal and equity partnership with CSN, welcomed NBC Sports Group as an investor into the sports network, invested in eSports’ Team Liquid, kicked off seasons for the AFL’s Valor and Brigade, and purchased a NBA G League team.

 

Leonsis founded Monumental Sports & Entertainment in 2010, which operates the Washington Capitals (NHL), Washington Wizards (NBA) and Washington Mystics (WNBA), as well as Capital One Arena in Washington, D.C. He is also the managing owner of the Washington Valor and Baltimore Brigade (AFL); co-founder of Revolution Growth; and Chairman of the Board of Groupon. Leonsis spent 13 years as a senior executive at AOL and remains its Vice Chairman Emeritus.

 

Past award winners include Douglas Jemal (Douglas Development, 2016) and Joseph Rigby (Pepco Holdings, Inc., 2015).

 

About D.C. Chamber of Commerce

The DC Chamber is the largest and #1 rated Chamber in the Washington region. We provide Washington businesses with passionate advocacy, valuable networking opportunities, and enlightening educational programs. We know just how special District businesses are and everything we do is dedicated to delivering the capital they value. As an advocate for the DC business community for 79 years, the DC Chamber of Commerce is the voice for all businesses in the city – small, medium and large.