45 Facts About Ted Leonsis

Theodore John Leonsis was born on January 8,1957 and is an American businessman, investor, filmmaker, author, philanthropist, and former politician.

Ted Leonsis is a founding member and investor in the Revolution Growth Fund, which includes investments in FedBid, Resonate Insights, Optoro and CustomInk.

Ted Leonsis founded and chaired SnagFilms, which produced the documentary film Nanking.

Ted Leonsis is an author, having published the book The Business of Happiness in 2010.

Ted Leonsis was born on January 8,1957, in the Brooklyn borough of New York City.

When his high school guidance counselor evaluated his skill set, the counselor concluded that young Ted Leonsis was destined to work in a grocery store.

Ted Leonsis reflects on his working-class roots that being a grocery store manager was all his dad aspired him to be.

Ted Leonsis attended Brooklyn Technical High School, before moving to Lowell, Massachusetts, where he graduated from Lowell High School in 1973.

Ted Leonsis was first in his family to go to university, where he attended Georgetown University to pursue his undergraduate studies majoring in American Studies, and graduated in 1977 at the top of his class.

Ted Leonsis left Harris Corporation in March 1981 when, at the age 25, he moved to Florida and began his first business venture.

Ted Leonsis raised $1 million in seed capital with his partner Vincent Pica,.

In 1987, Ted Leonsis established the marketing communications company, Redgate Communications Corporation.

Ted Leonsis held numerous positions at AOL during his years there, completing his tenure and retiring in 2006 as the audience group's president and vice-chairman.

Ted Leonsis has owned the Washington Capitals since the spring of 1999, and in that timeframe the team has won ten Southeast Division titles, three Presidents' Trophies, recorded more than 200 consecutive sellouts at Verizon Center, and won a Stanley Cup Championship.

Ted Leonsis was involved in a physical altercation with a fan, who led a mocking chant of Leonsis during the game and hoisted a sign chiding him.

Ted Leonsis received a suspension of one week, during which he was prohibited from having any contact with the team.

Ted Leonsis found Lovell a part-time job as a restaurant kitchen worker and provided him with a paid and furnished apartment, a prosthetic leg and Capitals season tickets for life.

In 2010, journalist Damien Cox, author of the Ovechkin Project, a biography of Alexander Ovechkin, wrote that Ted Leonsis was trying to circumvent the NHL's salary cap when signing Ovechkin's contract.

Ted Leonsis alleged that Leonsis was bribing bloggers for positive coverage of the Capitals.

In 2001, Leonsis claimed to have written a computer program that prevented Pittsburgh Penguins fans from purchasing tickets online.

In 2013, Ted Leonsis received a letter about Jack Dibler, a lifelong Capitals fan who had recently been diagnosed with esophageal cancer.

Ted Leonsis became the majority owner of the Washington Wizards in June 2010, inheriting a team that had 26 wins and 56 losses during the previous season.

Ted Leonsis was initially believed to have taken a fan-centric approach to running the franchise, thought to be listening and responding to the concerns of Wizards supporters through his email and personal website.

Ted Leonsis purchased the rights to the Mystics around the same time he took over the Wizards.

On March 10,2016, Ted Leonsis announced that he was purchasing an expansion franchise in the Arena Football League to play at the Verizon Center beginning in 2017.

In 2018, Ted Leonsis announced the purchase of an NBA G League franchise that would be later named the Capital City Go-Go.

Ted Leonsis is the founder, chairman and largest shareholder of 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.

Ted Leonsis grew out of Leonsis' experience as a film producer.

In 2008, Ted Leonsis produced Kicking It, which is a documentary by Susan Koch about the 2006 Homeless World Cup.

In 2013, Ted Leonsis produced the documentary Lost for Life, which explores juvenile offenders who have been sentenced to life without parole.

Ted Leonsis is the founder of Revolution Money, a company which provides secure payments through an Internet-based platform.

In 2009, the company was sold to American Express; Ted Leonsis is on the board of directors at American Express.

Ted Leonsis is currently the chairman of Clearspring Technologies, an online content sharing network, which connects publishers, services and advertisers to audiences on the internet.

Ted Leonsis is cofounder and partner in the DC-based venture fund, Revolution Growth.

Ted Leonsis is the co-inventor of Only In New York, a board game that blends street savvy and smarts needed to make it in New York City.

Ted Leonsis is a member of the investment group, aXiomatic, which owns Team Liquid, a competitive eSports Team, and has made public statements on Forbes regarding his involvement in the industry.

Ted Leonsis has authored a number of 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.

Ted Leonsis is married to Lynn Ted Leonsis and they have a son and a daughter.

Ted Leonsis has been married to Lynn since August 1987.

Ted Leonsis is an avid fan of sports and music, especially Fugazi, Jimi Hendrix, The Rolling Stones and Elvis Presley.

Ted Leonsis recalls his experience with music when Leonsis was let out of school and when his parents got home from work where music helped him fill the void during his spare time.

In early 2011, Ted Leonsis purchased a 13-acre estate in Potomac, Maryland.

Ted Leonsis acquired the property for $20 million after selling homes in McLean, Virginia and Vero Beach, Florida.

Ted Leonsis purchased the home from Chris Rogers, a telecommunications executive who acquired Ted Leonsis' home in McLean.

Ted Leonsis is the founder of the Ted Leonsis Foundation, which supports children "overcome obstacles and achieve their goals".