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Wednesday, June 11, 2025

Ted Leonsis Owns an NBA, WNBA, and NHL Team—and Wants More

This week’s Portfolio Players features Ted Leonsis, Chairman & CEO of Monumental Sports & Entertainment and one of the most diversified owners in professional sports—with stakes in the NBA, NHL, WNBA, and regional sports media.

In Episode 8 of Portfolio Players, presented by E*TRADE from Morgan Stanley, Leonsis breaks down how global fandom is fueling the NBA’s media strategy, why sports teams are evolving into year-round media assets, and how Monumental’s $7B valuation stacks up to the NFL. He also reflects on the pressures of public-facing ownership, how hockey delivers unmatched fan engagement, and why team building still comes down to one thing: winning.

From scaled ownership models to billion-dollar broadcasts, this episode explores how capital, competition, and culture intersect in modern sports business.

Portfolio Players is Front Office Sports’s original series diving into the deals, capital, and power players redefining the business of sports. Subscribe now for insights from the decision-makers building the future of the game.

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