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Ted Leonsis, founder and CEO of Monumental Sports & Entertainment, said he is “committed to the vision of Monumental Sports.” Those goals currently include “more teams, more visibility, more engagement, and a dizzying renovation plan to tie it all together.” Capital One Arena will serve as the home stadium until at least 2050, according to a front-page article by Rick Mace of the Washington Post. Leonsis is “confident that his vast organization is on the right track.” Still, he was “caught off guard” when a proposed move to Alexandria, Virginia “upset a lot of people.” “I’ll be honest with you – even now – I realized that those three miles were like, ‘You’re a traitor,'” Leonsis said. But I have to hear it. Leonsis said it “hurt him a lot personally,” adding, “I misjudged so many things from such a good person.” Despite having said so much, Leonsis said this. “You have to say to yourself every once in a while, no, we’ve actually been doing pretty well.” Leonsis: “Even the Wizards, I think we’ve had the worst performance, but we’re not the worst franchise over the last 10 years. Mace said Monumental has also grown in “several directions.” He pointed out that He has recently been “thinking about how to invest more in women’s sports, maybe a professional volleyball team or a women’s hockey team.” His “biggest fish” are the Nationals, which “give his network year-round programming and potentially make him unique among professional sports owners.” But Leonsis said he is “very respectful” of whether the Lerner family wants to sell the team (Washington Post, Oct. 25).
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