NBA Finals Feature League’s Next-Gen Owners in Kroenke, Arison
Stan Kroenke has been on a roll the past 18 months as his sports teams won titles in the NFL (Los Angeles Rams), NHL (Colorado Avalanche) and NLL (Colorado Mammoth) and finished second in the EPL...
View ArticleNBC Sports Washington to Become Monumental Sports Network
Washington, D.C., needs to get set for a Monumental overhaul of its TV-sports traditions. In September, fans who once flocked to NBC Sports Washington will find they’ve landed at a new venue....
View ArticleQatari Wealth Fund Buying Into Wizards Parent in $4.05B Deal
The Qatar Investment Authority is buying a passive minority stake in Washington Wizards and Capitals parent Monumental Sports & Entertainment, according to multiple people familiar with the...
View ArticleGolden Knights Sew Up Post-RSN Future With ViewLift Streaming Deal
On the heels of reaching a multiyear local TV deal with Scripps Sports, the Vegas Golden Knights have signed off on a streaming pact with the Ted Leonsis-backed platform ViewLift. Per terms of the new...
View ArticleTed Leonsis Seeking MLB Team to Round Out Sports Portfolio
Ted Leonsis has built a multibillion-dollar sports entity over 25 years that includes teams, venues and media holdings, but the D.C. sports titan has his sights set on adding a new asset. “I am not shy...
View ArticleWashington Wizards, Capitals Plan New Arena in Virginia for 2028
Ted Leonis, who owns the Washington Wizards and Capitals through Monumental Sports & Entertainment, announced plans today for a new entertainment district outside D.C. in the Potomac Yard area of...
View ArticleLaurene Powell Jobs Selling 10% Stake in Wizards, Capitals Parent
Billionaire Laurene Powell Jobs is looking to sell a chunk of her stake in Monumental Sports & Entertainment, the parent of the NBA’s Wizards and NHL’s Capitals, according to multiple people...
View ArticleSportradar Restructures Business Amid C-Suite Changes
Sportradar Chief Finance Officer Gerard Griffin and Chief Strategy Officer Ulrich Harmuth are leaving the company, according to a Wednesday morning announcement, which also detailed a restructuring of...
View ArticleOrioles Deal May Boost Washington Nationals Sale Prospects
The looming sale of the Baltimore Orioles could have a dramatic impact on the future ownership of another MLB team: the Washington Nationals. The two teams, which play 40 miles away from each other,...
View ArticleWizards, Capitals to Stay in DC as Virginia Move Falls Apart
Monumental Sports & Entertainment owner Ted Leonsis and Washington, D.C., mayor Muriel Bowser are reportedly finalizing a deal where the NHL’s Washington Capitals and NBA’s Wizards will remain at...
View ArticleTed Leonsis Plans ‘Credible and Strong’ New Offer for Nationals
On Tuesday, Monumental Sports and Entertainment owner Ted Leonsis told The Sports Junkies on 106.7 FM The Fan in Washington, D.C., that he will make another bid to purchase the Washington Nationals...
View ArticleCapitals to Purchase, Privatize Popular NHL Salary Site CapFriendly
The Washington Capitals have reached an agreement to purchase the hockey website CapFriendly, a popular destination for NHL executives, fans and media looking to track contracts and salaries, according...
View ArticleSporticast 352: Fan Reports from Yankee Stadium, Cricket World Cup
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the ongoing T20 Cricket World Cup in the U.S....
View ArticleCapital One Arena Renovation Proposed by DC, Monumental
Monumental Sports & Entertainment and Washington, D.C., Mayor Muriel Bowser announced that they will formally propose legislation to fund the renovation of Capital One Arena, the home of the...
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