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The Latest Breaking News from Ted Leonsis

Virginia Arena Deal Collapse Sparks Bitter Recriminations

Proposed relocation of Washington Wizards and Capitals to Virginia falls through, sparking blame game and uncertainty about economic impact.

Top News

New Baltimore Orioles owner David Rubenstein discusses the deal

"My job is to stand out of the way and hire really good people," Rubenstein said.

Axios

Bradley Beal begs Wizards owner Ted Leonsis not to move the team from Washington to Virginia

"You can’t take the team out of D.C.," Bradley Beal said.

USA Today Sports Media Group

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Virginia Should Refuse to Subsidize the Construction of a New Stadium for the Capitals and Wizards

The proposed deal could be the largest-ever government subsidy for a sports stadium. Studies consistently show such handouts don't benefit communities.

Reason

Everything we know about the Wizards and Capitals proposed move from Washington to Virginia

The Wizards and Capitals might be moving to Virginia soon.

USA Today Sports Media Group

How the Washington Mystics could be affected by the Wizards and Capitals move to Virginia

The Washington Mystics could be on the move, but hold the celebration.

USA Today Sports Media Group

Ted Leonsis moving the Wizards and Capitals is a much bigger deal than you think it is

This move is a slap in the face to the fans.

USA Today Sports Media Group

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Virginia has tentative deal to move Washington's NBA, NHL teams, Youngkin says

Virginia Gov. Glenn Youngkin says he has reached a tentative agreement with the parent company of the NBA’s Washington Wizards and NHL’s Washington Capitals to move those teams out of D

The Independent UK

Saudi PIF could further diversify sports investments through these two growing sports leagues

Saudi Arabia signed soccer star Neymar to a deal worth up to $400 million earlier this month.

The Street

Ted Leonsis-backed ViewLift to Take the Vegas Golden Knights -- and Probably Soon, Other NHL Teams -- Into Direct-to-Consumer Streaming

ViewLift, which has roots extending to Leonsis' groundbreaking startup SnagFilms, just signed on to stream the Stanley Cup champs to nearly 3.2 million households

Broadcasting & Cable

Inside Bradley Beal's Phoenix Suns trade with key decision and Chris Paul impact

The first blockbuster trade of the NBA offseason sees the Phoenix Suns swap Chris Paul and draft compensation for the Washington Wizards' three-time All-Star guard Bradley Beal

Daily Mirror

Miami Heat respond immediately after Phoenix Suns trade for Bradley Beal

Bradley Beal has opted to join the Phoenix Suns for the 2023-24 season, and after missing out on his signature the Miami Heat have shifted their focus elsewhere

Daily Mirror

Washington Nationals owner Ted Lerner dead at 97

Washington Nationals owner Ted Lerner is dead at 97.

Tribune News Service

Ted Leonsis Emerges As Front-Runner to Buy MLB’s Nationals, per Report

The Lerner family announced its plans to sell the Washington franchise earlier this year after more than 15 years of ownership.

Sports Illustrated

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Sports Illustrated

Report: NBA Owner Could Buy MLB’s Nationals

He also owns the Capitals and Mystics.

USA Today Sports Media Group

Bradley Beal’s contract includes a trade kicker

Bobby Marks: Beal becomes only the 10th player to have a no trade clause joining LeBron, KG, Melo, Dirk, Kobe, DWade, Duncan, David Robinson and John Stockton. The contract also has a 15% trade kicker and player option in year 5. Source: Twitter ...

USA Today Sports Media Group

Bradley Beal discussed future with Wizards bosses on Monday

Washington Wizards guard Bradley Beal - who'll undergo season-ending surgery on his left wrist - and his agent Mark Bartelstein of Priority Sports met with owner Ted Leonsis and general manager Tommy Sheppard on Monday to discuss the three-time ...

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