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7 mentions found


☆ Monumental Sports CEO Ted Leonsis on $515M D.C. deal: I really, really admire what our mayor did
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonumental Sports CEO Ted Leonsis on $515M D.C. deal: I really, really admire what our mayor didTed Leonsis, Monumental Sports founder and CEO, joins 'Squawk Box' to discuss the company's $515 million deal with Washington D.C to keep the Wizards and Capitals in the city, how the agreement was reached, valuation of sports teams, investing with Qatar, rise of women's sports, and more.
Persons: Ted Leonsis Organizations: Monumental, Monumental Sports, Washington D.C, Wizards, Capitals Locations: Qatar
☆ Washington D.C. Mayor on $515M Monumental deal: We believe that D.C. teams should play in D.C.
  + stars: | 2024-04-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWashington D.C. Mayor on $515M Monumental deal: We believe that D.C. teams should play in D.C.Washington D.C. Mayor Muriel Bowser joins 'Squawk Box' to discuss the $515 million deal with Washington Wizards and Capitals owner Ted Leonsis to keep both teams in Washington D.C. until at least 2050, how the agreement was reached, and more.
Persons: Muriel Bowser, Ted Leonsis Organizations: Washington, Washington D.C, Washington Wizards, Capitals Locations: Washington
☆ Top Virginia Senate Negotiator Vows to Keep Alexandria Arena Out of the Budget
  + stars: | 2024-03-06 | by ( Associated Press | March | At P.M. | ) www.usnews.com   time to read: +5 min
RICHMOND, Va. (AP) — A top Democratic Virginia lawmaker vowed Wednesday to keep language enabling a proposed relocation by the NBA’s Washington Wizards and NHL’s Washington Capitals to Alexandria out of the state budget lawmakers will take up later this week. Glenn Youngkin's plan to lure the teams across the Potomac River with a $2 billion development district featuring a new arena. Moving forward, if the arena is excluded from the budget, Youngkin has a few options. Virginia governors have the ability to seek amendments to legislation, so he could attempt to put the arena language back in the budget. Democrats, who control both General Assembly chambers, could lose Youngkin’s support for some of their own priorities if they kill the arena deal.
Persons: Sen, Louise Lucas, Glenn Youngkin's, Lucas, Macaulay Porter, Youngkin, Democratic Del, Luke Torian, Lucas ’, Ted Leonsis, “, doesn't, Del, Mark Sickles, Torian, we’re, Youngkin’s Organizations: Democratic, Washington Wizards, NHL’s Washington Capitals, Finance, Commonwealth, Republican Gov, Delegates, Monumental Sports & Entertainment, Monumental, Capitals, Wizards, Capital One, ”, House, Senate, Republicans Locations: RICHMOND, Va, Alexandria, Washington, Virginia, Hampton Roads
☆ With Washington Capitals, Wizards move to Virginia, owner Ted Leonsis pursues his vision of a $10 billion sports empire around Washington, D.C.
  + stars: | 2023-12-14 | by ( Ian Thomas | ) www.cnbc.com   time to read: +8 min
Glenn Youngkin (L) looks on during the announcement of a new sports arena for the Washington Wizards NBA basketball team and Washington Capitals NHL hockey team, on December 13, 2023 Virginia. Win Mcnamee | Getty Images News | Getty ImagesTed Leonsis, the owner of the NBA's Washington Wizards and the NHL's Washington Capitals, has a grand vision for growing a regional sports empire. Glenn Youngkin announced that the Capitals and Wizards have agreed to move to a new arena in Alexandria, Virginia, as part of a $2 billion entertainment complex in 2028. How will they compete with big market teams? "We could have a billion-and-a-half-dollar revenue run rate and a $10 billion to $15 billion trend of valuation," Leonsis said.
Persons: Ted Leonsis, Glenn Youngkin, Win Mcnamee, Leonsis, we'll, aren't, I'm, it's, It's, David Rubenstein, David Blitzer, Blackstone, James Dolan, Stan Kroenke, Kroenke, I've Organizations: Monumental Sports, Entertainment, Virginia Gov, Washington Wizards NBA, Washington Capitals NHL, Getty, Washington Wizards, NHL's Washington Capitals, CNBC, Summit, Washington , D.C, AOL, Capitals, Wizards, Washington Mystics, Capital, D.C, Sports, Mystics, NHL, Baltimore Orioles, Washington Nationals, MLB, Carlyle Group, Bloomberg, Orioles, Red Sox, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, Premier League's Liverpool, Philadelphia 76ers, New, New Jersey Devils, Washington, Cleveland Guardians, MSG, Sphere Entertainment, Madison Square Garden Entertainment, New York Knicks, Rangers, MSG Networks, Atlanta Braves Holdings, Liberty Media, Sports & Entertainment, Nuggets, Avalanche, Los Angeles Rams, Premier League's Arsenal FC, Qatar Investment Authority, MSG Sports, NHL's Rangers, NBA's Knicks, Phoenix Suns, NBA, Ottawa Senators, Braves Locations: Virginia, Alexandria , Virginia, Washington ,, Washington, London, Richmond, Delaware, New Jersey, Real Salt Lake, Denver, MLS's Rapids, Colorado, Monumental
☆ What if Washington Becomes the Sports Capital of America?
  + stars: | 2023-12-04 | by ( Scott Wapner | ) www.cnbc.com   time to read: 1 min
It's been a tough year for Washington sports teams. The Capitals and Wizards both missed the playoffs and the Nationals finished last in their division. Ted Leonsis owns the Capitals and Wizards, and the WNBA's Mystics and while he'd love to see more winning, he's committed to the DC area. He's even said he'd love to add an MLB team to his DC portfolio. We'll talk to the renowned investor and entrepreneur about why he's all in on the Nation's Capital.
Persons: It's, Ted Leonsis, he's Organizations: Washington, The Capitals, Wizards, Nationals, Capitals, WNBA's Mystics
☆ 10 money managers who quietly control the vast fortunes of Jeff Bezos, Sergey Brin, the Waltons, and other big-name billionaires
  + stars: | 2022-12-27 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +24 min
Many über-rich people don't outsource their wealth — they hire their own chief investment officers. He left SAC in 2005 for Dune Capital Management, but stayed in touch with Steve during his five-year term at the investment firm. Andrew oversees CPV's portfolio, which primarily comprises direct private investments such as Collectors Universe, a collectibles-authentication company, and the New York Mets. In 2011, Wildcat Capital Management was launched with Potter as president and chief investment officer. Since November 2021, Carland has also served as the interim chief investment officer for Builders Vision's asset arm.
☆ Bob Iger's return as Disney CEO opens new possibilities for Hulu deal with Comcast
  + stars: | 2022-12-09 | by ( Claire Atkinson | ) www.businessinsider.com   time to read: +5 min
Disney will write "a big check" for Comcast's 33% share of Hulu, said NBCUniversal CEO Jeff Shell. With Bob Iger returning as Disney's CEO, Comcast is hoping for a broader conversation to seal the deal. Comcast is eyeing assets such as ESPN, FX, and NatGeo in return for surrendering its stake in Hulu. Former Disney CEO Bob Chapek, who was unceremoniously fired on November 20, refused to hold any talks on the topic with Comcast CEO Brian Roberts, according to a Comcast insider and a high-level Hollywood executive familiar with thinking inside Disney. Representatives for Hulu, Disney, and Comcast had no comment.
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