Latest / Power Players with Brian Sozzi
Where this billionaire is betting big next
There is being a winner in one’s business career, and then there is Ted Leonsis — arguably one of the most successful business people of the past 20 years. The former top tech and AOL executive has parlayed his success in the C-suite into being a dominant force in the world of sports. He owns Capital One Arena, which is undergoing a nearly $1 billion tech-led renovation. He purchased the WNBA’s Washington Mystics for $10 million in 2005, well before the surge in popularity in the league. He bought the NBA’s Washington Wizards for $310 million 2010, a fraction of what major sports teams are…
The skinny
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