Ted Leonsis

Founder, Majority Owner, Chairman and Chief Executive Officer
Monumental Sports & Entertainment

Founder, chairman, majority owner and CEO of Monumental Sports & Entertainment, which owns and operates the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA) and Verizon Center in downtown Washington, D.C. The partnership also operates Kettler Capitals Iceplex (the Washington Capitals’ training facility and front office headquarters) and the George Mason University Patriot Center.

The company, which was formed in June 2010, serves a thriving regional sports community and is the only privately held company in a top-10 market to own and operate three professional sports teams and its arena. In January 2013 Monumental Sports & Entertainment launched Monumental Network, a digital platform that serves as the hub for the region’s sports and entertainment news.

Mr. Leonsis serves on the board of governors for the NBA and NHL as well as the executive committee of the NHL.

AOL
During his almost 14-year career at AOL, Mr. Leonsis served as president of America Online Services Company, president of AOL Studios, president of AOL Web Properties, vice chairman and president of AOL Core Services, vice chairman and president of AOL Audience Business and vice chairman emeritus. The company recorded its greatest levels of innovation and growth under his leadership, and in May 2010 AOL named a central office tower The Leonsis Creative Center in his honor. Mr. Leonsis retired from active management of AOL in 2006.


Venture Capital Investor

Mr. Leonsis is a cofounder and partner in the “speed-up capital” Revolution Growth Fund II, which currently has made investments in eight companies: Bigcommerce, CustomInk, Echo360, FedBid, Lolly Wolly Doodle, Optoro, Resonate and sweetgreen. In a 25-year period he has personally made investments and owned equity in numerous companies, including Groupon, Google, AOL, Revolution Money, AddThis, Preview Travel (Travelocity), GridPoint, Inside.com (formerly Mahalo), MobilePosse, ObjectVideo, SB Nation, Zedge, Triporati, Personal, I-Village, Proxicom, ePals, SnagFilms, MediaBank, Two Harbors, Videology, Algentis, Social Radar and Forbes’ Startle travel guide.

Filmmaker and Digital Entrepreneur
Mr. Leonsis created and produced the award-winning film Nanking. The film premiered at the 2007 Sundance Film Festival and was awarded the Documentary Editors Award. The film went on to win the Peabody Award and the Emmy Award. The film was distributed theatrically, appeared on HBO and is one of the most viewed documentaries of all time because of its wide distribution in theater and on television throughout China. Mr. Leonsis also produced the documentary film Kicking It, which premiered at the 2008 Sundance Film Festival and aired on ESPN. He then produced A Fighting Chance, which aired on ESPN in 2010. In 2013 he produced Lost for Life, a documentary that explores juvenile offenders who have been sentenced to life without parole. Lost for Life is being broadcast in 58 countries in 2014 and has garnered both critical acclaim and ratings success.

Mr. Leonsis is the founder, chairman and largest shareholder in 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. SnagFilms has more than 5,000 films in its digital library and is available online and on its proprietary applications on every mobile and connected device. SnagFilms also owns and operates Indiewire, the leading site for news and information about television and films. SnagFilms/Indiewire has won many awards, including two Webbys, and was named the Red Herring Top 100 Company for North America.

Board of Directors
Mr. Leonsis is an investor, former co-CEO and currently chairman of the board of directors of Groupon. He also serves on the board of directors at American Express, where he heads the technology and innovation committee, as well as the Revolution Growth companies where he led investments in FedBid, Resonate, Optoro and CustomInk. He also serves on the charity boards of DC-CAP (District of Columbia College Access Program) and CSF – DC (College Success Foundation – District of Columbia). Previously he served on the board of directors at Georgetown University, Rosetta Stone, AddThis and Alcatel-Lucent.

Philanthropy
As vice chairman of Washington 2024, Mr. Leonsis assumes a leading role in guiding the region’s bid for Summer 2024 Olympic and Paralympic Games. In June 2014 the United States Olympic Committee identified Washington and three other cities as potential locations.

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. Highlighted 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 Angle 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.

Author
Mr. Leonsis has authored numerous 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 Facts
* Blogs daily at Ted’s Take
* Purchased 100% of the Washington Capitals and 44% of the Washington Wizards and Verizon Center in 1999
* Purchased control of the Washington Mystics in 2005
* Acquired the remaining ownership stake in the Washington Wizards and Verizon Center in 2010
* The Mystics finished first in the Eastern Conference following the 2010 regular season
* Coined term “filmanthropy” to signify films that shine a light on important topics and activate charitable giving (2006)
* Created a 101-item life-list following an early 1980s reckoning and has checked off 83 of the 101 things to do
* Founder of the first new media company: Redgate Communications in 1986
* Coined the phrase “New Rules – New Media” in 1987
* Co-invented successful board game “Only in New York” (1983)
* Founder of six personal computer magazines between 1981 and 1988
* Served as mayor of Orchid, Fla. (1990-94)
* Worked at Wang Laboratories and Harris Corporation early in career

Awards and Honors
* Washington Business Man of the Year
* Washingtonian of the Year
* Top 10 Creative Executives in America
* Top 20 Most Powerful People in Sports
* Lowell (Mass.) High School Alumni Hall of Fame
* Georgetown University John Carroll Award
* No. 1 Sports Power Player in Maryland (PressBox)

Personal
* Married to Lynn Leonsis; son, Zachary; daughter, Elle
* Georgetown University Class of 1977
* Lives in Maryland and Nantucket