Find out who owns the Washington Capitals, the owner's net worth, source of wealth and ownership history of the NHL franchise.
The Washington Capitals are a household franchise in the National Hockey League based in Washington, D.C. It was founded in 1974.
Who owns the Washington Capitals?
The Washington Capitals is owned by Ted Leonsis through the holding company Monumental Sports & Entertainment.
Washington Capitals ownership structure
Monumental Sports & Entertainment
Monumental Sports is a sports and entertainment company that owns and operates sports franchises, venues, etc. It owns and operates the Washington Wizards (NBA), Washington Mystics (WNBA), Washington Capitals (NHL), Capital City Go-Go (NBA G League), and the NBA 2K League team Wizards District Gaming.
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Monumental Sports also owns Monumental Sports Network, EagleBank Arena and the Capital One Arena.
Ted Leonsis
Theodore John Leonsis is an American businessman, former senior executive with America Online (AOL), and the founder, chairman, and CEO of Monumental Sports & Entertainment. According to figures from Forbes, he has a net worth of 3.06 billion.
Club Net Worth & Valuation
According to figures from Forbes, the Washington Capitals are valued at $2.15 billion.
Club Ownership History
The Washington Capitals were founded in 1974 as an expansion franchise. It was originally owned by Abe Pollin, who later sold it to Ted Leonsis in 1999.
Club Details
The Washington Capitals Hockey Club plays its home games at the Capital One Arena located in Washington, D.C.
Trophies and Achievements
The Washington Capitals have one Stanley Cup championship.