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Monumental Sports & Entertainment (MSE) is an American
sports Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in ...
and
venue management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and mon ...
company founded by
Ted Leonsis Theodore John Leonsis (born January 8, 1957) is an American businessman. He is a former senior executive with America Online (AOL) and the founder, chairman, and CEO of Monumental Sports & Entertainment, which owns the NHL's Washington Capitals, ...
in June 2010. Monumental owns and operates the
NHL The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Cana ...
team
Washington Capitals The Washington Capitals (colloquially known as the Caps) are a professional ice hockey team based in Washington, D.C. The Capitals compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NH ...
, the
NBA The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
team
Washington Wizards The Washington Wizards are an American professional basketball team based in Washington, D.C. The Wizards compete in the National Basketball Association (NBA) as a member of the Southeast Division of the Eastern Conference. The team plays i ...
, the WNBA team
Washington Mystics The Washington Mystics are an American professional basketball team based in Washington, D.C. The Mystics compete in the Women's National Basketball Association (WNBA) as a member of the Eastern Conference (WNBA), Eastern Conference. The team was ...
, the
NBA G League The NBA G League, or simply the G League, is a professional basketball league in North America that serves as the Minor league#Basketball, developmental league of the National Basketball Association (NBA). The league comprises 31 teams; as of ...
team
Capital City Go-Go The Capital City Go-Go are an American professional basketball team in the NBA G League based in Washington, D.C., and are affiliated with the Washington Wizards. The Go-Go play their home games at the CareFirst Arena. The team is owned by Monum ...
and the
NBA 2K League The ''NBA 2K'' League (NBA 2KL or simply 2K League) is an esports league joint venture between the National Basketball Association (NBA) and Take-Two Interactive. The league was announced in 2017 with its inaugural season taking place ...
team Wizards District Gaming. Other properties owned include
Monumental Sports Network Monumental Sports Network, formerly NBC Sports Washington, is an American regional sports network owned by Ted Leonsis through Monumental Sports & Entertainment. Headquartered in Washington, D.C., the channel broadcasts regional coverage of sport ...
,
Capital One Arena Capital One Arena is an indoor arena in Washington, D.C. Located in the Chinatown section of the larger Penn Quarter neighborhood, the arena sits atop the Gallery Place rapid transit station of the Washington Metro. The arena was opened o ...
,
EagleBank Arena EagleBank Arena (originally the Patriot Center) is a 10,000-seat arena in the eastern United States, on the campus of George Mason University in Fairfax, Virginia, a suburb southwest of Washington, D.C. Opened in 1985, it is the home of Patrio ...
, and the defunct
Arena Football League The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 Arena Football League season, 1987 season, making it the third longest-runnin ...
(AFL) teams
Washington Valor The Washington Valor were a professional arena football team based in Washington, D.C. that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Capital One Arena. The Valor were owned by Ted Leonsis throug ...
and
Baltimore Brigade The Baltimore Brigade was a professional arena football team based in Baltimore, Maryland, that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Royal Farms Arena. The franchise was owned by Ted Leonsi ...
. Monumental is headquartered in
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...


History

American businessman and senior
AOL AOL (formerly a company known as AOL Inc. and originally known as America Online) is an American web portal and online service provider based in New York City, and a brand marketed by Yahoo! Inc. The service traces its history to an online ...
executive
Ted Leonsis Theodore John Leonsis (born January 8, 1957) is an American businessman. He is a former senior executive with America Online (AOL) and the founder, chairman, and CEO of Monumental Sports & Entertainment, which owns the NHL's Washington Capitals, ...
, who had owned the
NHL The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Cana ...
team
Washington Capitals The Washington Capitals (colloquially known as the Caps) are a professional ice hockey team based in Washington, D.C. The Capitals compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NH ...
since 1999, founded Monumental Sports & Entertainment on June 10, 2010, following his acquisition of the
NBA The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
team
Washington Wizards The Washington Wizards are an American professional basketball team based in Washington, D.C. The Wizards compete in the National Basketball Association (NBA) as a member of the Southeast Division of the Eastern Conference. The team plays i ...
and merger of Lincoln Holdings and Washington Sports & Entertainment. Minority shareholders of Monumental include
Laurene Powell Jobs Laurene Powell Jobs ( Powell; born November 6, 1963)United States birth records is an American billionaire businesswoman executive and philanthropist. She is the widow of Steve Jobs, who was the co-founder and former CEO of Apple Inc., and she m ...
, the
Qatar Investment Authority The Qatar Investment Authority (QIA; ) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In November 2024, the QIA had an estimated $526 ...
,
Jeffrey Skoll Jeffrey Stuart Skoll (born January 16, 1965) is a Canadian engineer, billionaire internet entrepreneur and film producer. He was the first president of eBay, eventually using the wealth this gave him to become a philanthropist, particularly thr ...
,
Sheila Johnson Sheila Crump Johnson (born January 25, 1949) is an American billionaire businesswoman, co-founder of BET, and CEO of Salamander Hotels and Resorts. Johnson is a vice chairman and partner of Monumental Sports & Entertainment, a professional sport ...
, and
Mark Lerner Mark Lerner (born September 1953) is an American businessman. He is the managing principal owner at Lerner Enterprises and principal owner of Major League Baseball's Washington Nationals. Early life Lerner is the son of Annette and Ted Lerner. H ...
. In December 2023, Leonsis announced a non-binding partnership with Virginia governor
Glenn Youngkin Glenn Allen Youngkin (born December 9, 1966) is an American politician and businessman serving as the 74th governor of Virginia since 2022. A member of the Republican Party (United States), Republican Party, he spent 25 years at the Private equi ...
to move the Capitals and Wizards to a planned arena in
Potomac Yard Potomac Yard is a neighborhood in Northern Virginia that straddles southeastern Arlington County and northeastern Alexandria, Virginia, located principally in the area between U.S. Route 1 and the Washington Metro Blue Line / Yellow Line tr ...
in
Alexandria, Virginia Alexandria is an independent city (United States), independent city in Northern Virginia, United States. It lies on the western bank of the Potomac River approximately south of Washington, D.C., D.C. The city's population of 159,467 at the 2020 ...
, by 2028. The structure would be part of an arts and entertainment district at the site, which would include a practice facility, restaurants, an
esports Esports (), short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, played individually or as teams. ...
venue, concert hall, and a new headquarters for Monumental. In March 2024, after officials in Alexandria announced that the $2 billion entertainment and sports complex plans were scrapped, Washington mayor
Muriel Bowser Muriel Elizabeth Bowser (born August 2, 1972) is an American politician who has served as the current mayor of the District of Columbia since 2015. A member of the Democratic Party (United States), Democratic Party, she previously represented th ...
announced a new deal to keep the Capitals and Wizards in the District until 2050. In 2024, Monumental was valued by ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' at $6.16 billion.


Brands and properties

*
Washington Capitals The Washington Capitals (colloquially known as the Caps) are a professional ice hockey team based in Washington, D.C. The Capitals compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NH ...
,
National Hockey League The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Cana ...
(NHL) team **
MedStar Capitals Iceplex MedStar Capitals Iceplex is the practice arena of the Washington Capitals of the National Hockey League. The highest ice rink above street-level in the United States, it is located on the eighth floor atop the parking garage adjoining the Ballst ...
, practice facility *
Caps Gaming
esports Esports (), short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, played individually or as teams. ...
organization *
Washington Wizards The Washington Wizards are an American professional basketball team based in Washington, D.C. The Wizards compete in the National Basketball Association (NBA) as a member of the Southeast Division of the Eastern Conference. The team plays i ...
,
National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
(NBA) team **
Capital City Go-Go The Capital City Go-Go are an American professional basketball team in the NBA G League based in Washington, D.C., and are affiliated with the Washington Wizards. The Go-Go play their home games at the CareFirst Arena. The team is owned by Monum ...
,
NBA G League The NBA G League, or simply the G League, is a professional basketball league in North America that serves as the Minor league#Basketball, developmental league of the National Basketball Association (NBA). The league comprises 31 teams; as of ...
team *
Wizards District Gaming
NBA 2K League The ''NBA 2K'' League (NBA 2KL or simply 2K League) is an esports league joint venture between the National Basketball Association (NBA) and Take-Two Interactive. The league was announced in 2017 with its inaugural season taking place ...
team *
Washington Mystics The Washington Mystics are an American professional basketball team based in Washington, D.C. The Mystics compete in the Women's National Basketball Association (WNBA) as a member of the Eastern Conference (WNBA), Eastern Conference. The team was ...
,
Women's National Basketball Association The Women's National Basketball Association (WNBA) is a women's professional basketball league in the United States. The league comprises 13 teams (scheduled to expand to 15 in 2026). The WNBA is headquartered in Midtown Manhattan. The WNBA w ...
(WNBA) team *
Washington Valor The Washington Valor were a professional arena football team based in Washington, D.C. that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Capital One Arena. The Valor were owned by Ted Leonsis throug ...
, defunct
Arena Football League The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 Arena Football League season, 1987 season, making it the third longest-runnin ...
(AFL) team *
Baltimore Brigade The Baltimore Brigade was a professional arena football team based in Baltimore, Maryland, that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Royal Farms Arena. The franchise was owned by Ted Leonsi ...
, defunct AFL team *
Capital One Arena Capital One Arena is an indoor arena in Washington, D.C. Located in the Chinatown section of the larger Penn Quarter neighborhood, the arena sits atop the Gallery Place rapid transit station of the Washington Metro. The arena was opened o ...
, home arena of the Capitals and Wizards *
District E
esports venue **
Guy Fieri Guy Ramsay Fieri (, ; Ferry; born January 22, 1968) is an American restaurateur, author, and an Emmy Award winning television presenter. He co-owned three now-defunct restaurants in California. He licenses his name to restaurants in cities a ...
's DC Kitchen + Bar, restaurant *
EagleBank Arena EagleBank Arena (originally the Patriot Center) is a 10,000-seat arena in the eastern United States, on the campus of George Mason University in Fairfax, Virginia, a suburb southwest of Washington, D.C. Opened in 1985, it is the home of Patrio ...
, arena at
George Mason University George Mason University (GMU) is a Public university, public research university in Fairfax County, Virginia, United States. Located in Northern Virginia near Washington, D.C., the university is named in honor of George Mason, a Founding Father ...
*
Monumental Sports Network Monumental Sports Network, formerly NBC Sports Washington, is an American regional sports network owned by Ted Leonsis through Monumental Sports & Entertainment. Headquartered in Washington, D.C., the channel broadcasts regional coverage of sport ...
,
regional sports network A regional sports network (RSN) in the United States and Canada is a television channel that presents sports programming to a local media market or geographical region. Such channels often focus on one or a few teams who currently play in Major L ...


References


External links

* {{Portal bar, Companies, Sports, Washington, D.C., border=n 2010 establishments in Washington, D.C. American companies established in 2010 Companies based in Washington, D.C. Holding companies established in 2010 Privately held companies based in Washington, D.C. Property management companies Sports holding companies of the United States Sports management companies Washington Capitals Washington Wizards