Who owns the Washington Mystics? Owner's net worth, source of wealth and ownership history Skip to main content

Who owns the Washington Mystics? Owner's net worth, source of wealth and ownership history

Who owns the Washington Mystics? Owner's net worth, source of wealth and ownership history

Find out who owns the Washington Mystics, the owner's net worth, source of wealth and ownership history of the franchise.


The Washington Mystics pro basketball team is based in Washington, D.C., and competes in the WNBA's Eastern Conference. The franchise was founded in 1998. The Mystics won their first and only WNBA championship in 2019. 


Who owns the Washington Mystics?

The Washington Mystics is owned by Monumental Sports & Entertainment, led by Ted Leonsis.


Washington Mystics ownership structure 

Monumental Sports & Entertainment

Monumental Sports & Entertainment (MSE) is a holding company with investment sports franchises and venue management founded by Ted Leonsis. 


MSE owns and operates the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics, Capital City Go-Go (NBA G League), and Wizards District Gaming (NBA 2K League). It also owns Monumental Sports Network, Capital One Arena, and the EagleBank Arena.


Ted Leonsis

Ted Leonsis is an American businessman, investor and former AOL executive. He has a net worth of 3.06 billion.


Sheila C. Johnson

Sheila Johnson is an American businesswoman, co-founder of BET, and CEO of Salamander Hotels and Resorts. She is also a sports owner and holds a key position in the Monumental Sports & Entertainment company.

Sheila C. Johnson has an estimated net worth of 1.08 billion.


Club Net Worth & Valuation

Unfortunately we currently do not have detailed information about the Washington Mystics' exact valuation.


Club Ownership History

The Washington Mystics was founded in 1998 as an expansion franchise of the WNBA expansion.


Trophies and Achievements 

The Washington Mystics won their first WNBA championship in 2019.