Monumental Sports & Entertainment owns and operates three professional sports teams: the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics. Monumental, which merged Lincoln Holdings and Washington Sports and Entertainment on June 10, 2010, also owns and operates Verizon Center, the premier sports and entertainment venue in Washington, D.C. Additionally, the group operates Kettler Capitals Iceplex, the Capitals’ state-of-the-art training facility in Arlington, Va., and George Mason University’s Patriot Center, located in Fairfax, Va.Monumental Sports & Entertainment operates in the nation’s fifth-biggest media market and is one of the largest integrated sports and entertainment companies in the country with one of the most diverse partnership groups in all of sports.
Founder, Majority Owner, Chairman and Chief Executive Officer
Monumental Sports & Entertainment
Ted Leonsis is the founder, chairman, majority owner and CEO of Monumental Sports & Entertainment, which owns and operates the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA) and Verizon Center in downtown Washington, D.C. The partnership also operates Kettler Capitals Iceplex (the Washington Capitals’ training facility and front office headquarters) and the George Mason University Patriot Center. The company was formed in June 2010, serves a thriving regional sports community and is the only privately held company in a top 10 market to own and operate three professional sports teams and its arena. Mr. Leonsis has owned the Washington Capitals since the spring of 1999, and in that timeframe the team has won six Southeast Division titles, a Presidents’ Trophy and has recorded more than 100 consecutive sellouts at Verizon Center. Mr. Leonsis serves on the board of governors for the NBA and NHL as well as the executive committee of the NHL.
During his almost 14-year career at AOL, Mr. Leonsis served as president of American Online Services Company, president of AOL Studios, president of AOL Web Properties, vice chairman and president of AOL Core Services, vice chairman and president of AOL Audience Business and vice chairman emeritus. The company recorded its greatest levels of innovation and growth under his leadership, and in May 2010 AOL named a central office tower The Leonsis Creative Center in his honor. Mr. Leonsis retired from active management of AOL in 2006.
Venture Capital Investor
Mr. Leonsis is now a partner in the newly created “speed-up capital” Revolution Growth Fund II. In a 25-year period he has personally made investments and owned equity in numerous companies, including Groupon, Google, AOL, Revolution Money, Clearspring Technologies, Preview Travel (Travelocity), GridPoint, Mahalo, MobilePosse, ObjectVideo, SB Nation, TidalTV, Zedge, Triporati, Personal, I-Village, Proxicom, ePals, SnagFilms and MediaBank.
Filmmaker and Digital Entrepreneur
Mr. Leonsis created and produced the award-winning film Nanking. The film premiered at the 2007 Sundance Film Festival and was awarded the Documentary Editors Award. The film went on to win the Peabody Award and the Emmy Award. The film was distributed theatrically, appeared on HBO and is one of the most viewed documentaries of all time because of its wide distribution in theater and on television throughout China. Mr. Leonsis also produced the documentary film Kicking It, which premiered at the 2008 Sundance Film Festival and aired on ESPN. He also produced A Fighting Chance, which aired on ESPN in 2010.
Mr. Leonsis is the founder, chairman and largest shareholder in SnagFilms, the web’s leading online distribution channel for documentary and independent films. SnagFilms also owns and operates indieWIRE.com, the leading site for news and information about independent and documentary films. SnagFilms has more than 2,500 films in its digital library, and its iPad app is a top 10 entrant in the entertainment category.
Board of Directors
Mr. Leonsis is an investor and serves on the board of directors of Groupon, where he is vice chairman, and Clearspring Technologies. He also serves on the board of directors at American Express, where he heads the technology and innovation committee; Rosetta Stone; and Alcatel-Lucent, where he is on the technology committee. Mr. Leonsis also is on the board of directors of Georgetown University, his alma mater. He also serves on the charity boards of DC CAP (District of Columbia College Access Program) and CSF – DC (College Success Foundation – District of Columbia).
Through the Leonsis Foundation, his sports teams, SnagFilms and his family’s personal giving, more than 400 charities were served and supported during the last 12 months. Highlighted charities and causes include Best Buddies, DC Central Kitchen, See Forever Foundation, Venture Philanthropy Partners, Street Soccer USA, YouthAIDS, GlobalGiving.org, DC CAP, D.C. College Success Foundation, Potomac School, Georgetown University, Children’s Hospital, Potomac Valley Amateur Hockey Association, Salvation Army Angle Tree, Alliance for Lupus Research, Serve DC, Fort Dupont Ice Arena and Ice Hockey Club, USO of Metropolitan Washington, Capital Area Food Bank, Flashes of Hope, Inova Health System Foundation, UNICEF, obesity prevention and numerous local schools, cancer research and awareness programs.
Mr. Leonsis has authored numerous books, including Blue Magic: The People, Power and Politics Behind the IBM PC and The Business of Happiness: 6 Secrets to Extraordinary Success in Work and Life.
- Blogs daily at Ted’s Take
- Purchased 100% of the Washington Capitals and 44% of the Washington Wizards and Verizon Center in 1999
- Purchased control of the Washington Mystics in 2005
- Acquired the remaining ownership stake in the Washington Wizards and Verizon Center in 2010
- The Mystics finished first in the Eastern Conference following the 2010 regular season
- Coined term “filmanthropy” to signify films that shine a light on important topics and activate charitable giving (2006)
- Created a 101-item life-list following an early 1980s reckoning and has checked off 82 of the 101 things to do
- Founder of the first new media company: Redgate Communications in 1986
- Coined the phrase “New Rules – New Media” in 1987
- Co-invented successful board game “Only in New York” (1983)
- Founder of six personal computer magazines between 1981 and 1988
- Served as mayor of Orchid, Fla. (1990-94)
- Worked at Wang Laboratories and Harris Corporation early in career
- Washington Business Man of the Year
- Washingtonian of the Year
- Top 10 Creative Executives in America
- Top 20 Most Powerful People in Sports
- Lowell (Mass.) High School Alumni Hall of Fame
- Georgetown University John Carroll Award
- Married to Lynn Leonsis; son, Zachary; daughter, Elle
- Family owns and lives in the historic Marwood Estates in Potomac, Md.
Vice Chairman and Chief Operating Officer
President, Washington Capitals
Dick Patrick, along with Ted Leonsis, is one of the original partners in the group that became Monumental Sports & Entertainment. As the vice chairman and chief operating officer, Patrick assists Leonsis in all facets of owning three professional sports franchises – Washington Capitals, Washington Wizards and the Washington Mystics – and the management and operation of Verizon Center. Patrick has assumed responsibility for upgrading and improving the arena, which has seen changes designed to enhance the overall fan experience.
A mainstay for the Washington Capitals’ franchise for more than two decades, the owner, president and alternate governor continues to lead the club with his tireless effort and intense desire to continue a family tradition – engraving the Patrick name onto the Stanley Cup.Patrick, who joined the Capitals prior to the 1982-83 season, guides the team on a daily basis. The former chairman of the NHL Finance Committee, Patrick has been instrumental in the Capitals’ long-term success as a franchise both on and off the ice. Patrick was a leader in the conception and development of the Kettler Capitals Iceplex, the team’s state-of-the-art training center and office building that opened in 2006 in Arlington, Va.
Raul Fernandez is the chairman of ObjectVideo, a private technology company that develops video analytics software for automated security surveillance. He is also a special advisor to General Atlantic Partners, a growth equity firm with over $17 billion under management. Fernandez founded Proxicom, an internet services company he started in 1991 with $40,000 in savings. After taking Proxicom public in 1999 and growing his business to more than $200 million in revenue, he sold it to Dimension Data in 2001. Fernandez also serves on the board of Liz Claiborne; TROW, a Toronto-based engineering and consulting firm; ValueOptions, the nation’s largest independent behavioral healthcare company and Network Solutions, the leader in web-based domain name and related services.
Fernandez, a native Washingtonian, is an active philanthropist in D.C. regional non-profits, focusing his energy primarily on educational reform. In 2000, he co-founded Venture Philanthropy Partners, a philanthropic investment organization based in Washington, D.C. Fernandez sits on various non-profit boards, including America’s Promise, the D.C. College Access Program (DCCAP), the D.C. Public Education Fund and the Fernandez Foundation. He holds a bachelor’s degree in economics from the University of Maryland.
|Sheila C. Johnson
President and Managing Partner, Washington Mystics
Sheila C. Johnson, a successful entrepreneur and impassioned philanthropist, is CEO of Salamander Hospitality, LLC, overseeing a growing portfolio of luxury properties including The Woodlands Resort & Inn in Summerville, S.C., Innisbrook Resort & Golf Club in Innisbrook, Fla., and Salamander Resort & Spa in the foothills of the Blue Ridge Mountains in Middleburg, Va., which is poised to become one of the most unique retreats in the world when it opens in early 2011. Johnson is president and managing partner of the WNBA’s Washington Mystics. She has long been a powerful influence in the entertainment industry as a founding partner of Black Entertainment Television (BET) and most recently as a film producer. Her film A Powerful Noise premiered at the 2008 Tribeca Film Festival in New York. On March 5, 2009 A Powerful Noise premiered in more than 450 theatres throughout the country to celebrate International Women’s Day.
In 2006 Johnson was named global ambassador for CARE, a leading humanitarian organization fighting global poverty by empowering women because they have the unique power to help entire communities escape poverty. “Sheila’s I Am Powerful Challenge” was instrumental in helping raise funds for CARE’s important work. Johnson is also a member of the Council on Foreign Relations. An avid supporter of the arts and an accomplished violinist, Johnson dedicates her time to organizations that create opportunities for children to express and explore their creativity. She serves as chair of the Board of Governors of Parsons The New School for Design in New York and sits on the boards of VH1’s Save the Music Foundation, Americans for the Arts, the Jackie Robinson Foundation, and the University of Illinois Foundation.
Monumental Sports & Entertainment Owners
Outside the company, Brickman has served as a board member and in an advisory capacity to many organizations. including KellerMeyer Building Services, ICON, Sequel Health Services and Kratos Global Strategies. He and his company have been the recipient of numerous awards, including Ernst and Young’s Entrepreneur of the Year Award. The Brickman Group was recognized with the Society of Financial Professionals’ National Capital Business Ethics Award. Brickman and his wife, Patrice, are involved in many philanthropic causes, including Neediest Kids and Visible Men, where Brickman sits on the Board, the National Center for Women and Children, Stepping Stones Shelter, the Barbara Bush Foundation Celebration of Reading and the Cystic Fibrosis Foundation.
Cohen, a native of Washington, D.C., is the past president of the Photo Marketing Association International. He is also involved in numerous business groups including the World Presidents’ Organization. He is involved in a wide range of philanthropic organizations serving children’s needs, education, faith-based organizations and health-related causes, frequently holding committee or chair responsibilities in these groups as well.
Jack Davies was the founder and president of AOL International and now serves on the board of directors of Scholastic, the global children’s publishing and media company. Prior to joining AOL in 1993, Davies was managing director of Citicorp’s London-based consumer mortgage business after serving as vice president, Europe, for RCA Records. He began his career at General Electric where he held numerous senior consumer marketing positions. Davies earned an MBA in Marketing (1973) and a BA in Political Science (1972) from the University of Rochester.
Active in philanthropy in the D.C. area, Davies serves on a number of boards including the Board and Executive Committee of Venture Philanthropy Partners. In addition he is on the board of See Forever Foundation, CharityWorks and The Washington Scholarship Fund.
Richard D. Fairbank is founder, chairman and chief executive officer of Capital One Financial Corporation, a broadly diversified financial services company ranked 130th on the Fortune 500. Mr. Fairbank founded Capital One in 1988 based on his belief that the power of information, technology and testing could be harnessed to bring highly customized financial products directly to consumers. Headquartered in McLean, Va., Capital One is the seventh-largest bank in the United States, offering a broad spectrum of financial products and services to consumers, small businesses and commercial clients. With the company’s newly acquired subsidiary, Chevy Chase Bank, F.S.B., Capital One has approximately 1,000 branch locations in New York, New Jersey, Louisiana, Texas, Maryland, Virginia, and the District of Columbia. Additionally, Capital One has international businesses in the United Kingdom and Canada.
Capital One has been widely recognized for its entrepreneurial culture, progressive work place, and community engagement. Recently, Capital One has been named to: Fortune’s “100 Best Companies to Work For,” Fortune’s “20 Great Employers for New Grads,” BusinnessWeek’s “Best Places to Launch a Career,” Working Mother’s “100 Best Companies” and DiversityInc’s “Top 50 Companies for Diversity.” Capital One also was named to Fortune Magazine’s list of “Top Companies for Leaders,” ranking second in North America and fifth globally. Under Fairbank’s leadership, Capital One has demonstrated a strong commitment to philanthropy and volunteerism, supporting a number of area programs focused on community redevelopment and youth education, including DC Cares, the DC College Access Program and Junior Achievement. Fairbank has been recognized for his community and industry leadership, including his 2008 appointment to the President’s Council on Service and Civic Participation. He also was honored as a 2008 Washington Business Hall of Fame Laureate and was named “2006 Banker of the Year” by the American Banker. Fairbank holds an MBA from the Stanford Graduate School of Business and a bachelor’s degree in economics from Stanford University.
|Michelle DiFebo Freeman|
Michelle DiFebo Freeman is the owner and an active board member of the Carl M. Freeman Companies, with offices in Olney, Md., and Fenwick Island, Del. The Freeman Companies has over 60 years in a variety of real estate ventures, currently with special expertise in land acquisition, land planning, development and redevelopment for award-winning, amenity-rich residential communities and neighborhood shopping centers. Notable real estate developments and redevelopments by the Freeman Companies include Sea Colony, the Village at Bear Trap, Bayside (including a Jack Nicklaus Signature Golf Course) at the Delmarva Shore, The Tidewater Inn in Easton, Md., and Olney Village Center and Cabin John Center and Mall in Montgomery County, Md.
Michelle is also the founding president and chairman of the board of the Joshua M. Freeman Foundation. The Joshua M. Freeman Foundation was created in 2007 to conceptualize, construct and operate sustainable facilities that support the arts, the environment and athletic achievement. Michelle has also served as the president and chairman of the board of the Carl M. Freeman Foundation since 2007. The Carl M. Freeman Foundation has been proudly giving grants and guidance since 1960 to hundreds of nonprofit organizations in Maryland, Virginia, Washington, D.C., Delaware and West Virginia. Michelle is a founding member of Venture Philanthropy Partners and is currently serving on the boards of The Washington National Opera, CharityWorks and YouthAIDS. She has three children ranging in ages from 6 to 19.
Richard Kay is currently chairman of SENTRILLION Inc., a “TS” (Top Secret) border security, cyber-security, information assurance and healthcare managed services company. He is the former founder, chairman and CEO of OTG Software, a data storage software company that he founded in 1992. OTG became the leader in online data storage solutions. OTG was acquired by Legato Systems in 2002 and Kay remained on the board of directors until the acquisition of Legato Systems by EMC in 2003.
Kay currently serves on the board of directors of the University of Maryland School of Engineering. He is a special partner with ABS Capital, a multibillion dollar equity investment firm focused on healthcare, IT and media companies. Kay is also an honorary member of the board of directors of Venture Philanthropy Partners. He and his family work closely with various charities.
Jeong H. Kim is the 11th president of Bell Labs, the communication industry’s most heralded research organization. His background ranges from being a CEO of a high technology start-up to senior executive of a Fortune 500 corporation. Kim’s early career encompassed computer design, satellite systems design and data communications and included seven years as a nuclear submarine officer in the U.S. Navy.
Kim holds a Ph.D. in Reliability Engineering from the University of Maryland, a Master’s degree in Technical Management and Bachelor’s degree in Electrical Engineering and Computer Science from Johns Hopkins University. Kim currently serves on the boards of the Johns Hopkins University, Stanford University’s Freeman Spogli Institute of International Studies, and Global Internet Ventures. He is a member of the National Academy of Engineering and the NASDAQ Listing and Hearing Review Council, and was named one of the 10 most influential Asian Americans in business for 2005 by the U.S. Pan Asian American Chamber.
Mark D. Lerner, representing members of the Lerner | Cohen | Tanenbaum family, is a principal owner of the Washington Nationals Baseball Club and a principal of Lerner Enterprises, a Rockville, Md., based real estate development, management and investment company founded in 1952 by his father, Ted Lerner. Lerner Enterprises development activity is mainly concentrated in the Washington, D.C., metropolitan area. Some of the company’s major projects include White Flint, White Flint North, Washington Square at 1050 Connecticut Avenue, NW, 20 M Street, SE, 2000 Tower Oaks Boulevard, The Corporate Office Centre at Tysons II, Dulles Town Center, Fallsgrove Village Center and the Greenbelt Marriott Hotel, among many others. Lerner also has developed and manages many residential communities in the Washington, D.C., area. In addition, Lerner Enterprises is a partner in Chelsea Piers, a 30-acre sports and entertainment complex located on the Hudson River in New York City.
Lerner and his family have been involved in many worthwhile causes including the Charles E. Smith Jewish Day School, Hebrew University of Jerusalem, The George Washington University, Georgetown Day School, The Scleroderma Foundation of Greater Washington, Jewish Community Centers of Greater Washington and the District of Columbia, JCC Maccabi Games, The United States Holocaust Memorial Museum, Imagination Stage, ADL In Concert against Hate, YouthAids, Juvenile Diabetes, Junior Achievement, Food and Friends and the Washington Nationals Dream Foundation, among many others. He currently serves as a trustee of the Jewish Community Center of Greater Washington, a member of the board of Hillel at The George Washington University and the advisory board of Israel Bonds.
Roger Mody is the founder and chairman of The Mody Foundation, whose goal is to provide higher education, health-based and athletics funding for economically disadvantaged inner-city children. Mody also is an associate publisher of Inc. Magazine and has been featured on CNN. He is the former chairman and CEO of SIGNAL Corporation, an information technology services company supporting the Federal Government. SIGNAL achieved revenue of $300 million in 2002 with 2,200 employees. Mody sold the company to Veridian Corporation for $227 million in 2002.
Mody and SIGNAL were the recipients of multiple industry and growth awards, including Ernst & Young High Technology Entrepreneur of the Year, KPMG Peat Marwick High Technology Entrepreneur of the Year, Small Business Administration (SBA) Entrepreneur and Business of the Year, Washington Technology Fast 50 growth award, Arthur Andersen’s Best Practices Award for Exceeding Customer Expectations, Deloitte & Touches Fast 500 and Inc. 500, among others.The Mody Foundation has been actively involved in the Washington-area philanthropic community with participation in numerous organizations, including; Inova Fairfax Hospital pediatric heart program, St. Jude’s Children’s Research Hospital, Juvenile Diabetes Research Foundation, The Orphan Network, National Multiple Sclerosis Society and the Easter Seals. The Mody Foundation also has supported Cardinals AAU Basketball, Alexandria Rising Stars Basketball, Joe Gibbs’ Youth For Tomorrow and The Good Samaritan Foundation. He was a charter member of the Washington Redskins Leadership Council and served as chairman of Washington’s 2003 Fight Night, which raised a then record $2 million for the Fight for Children organization.
Anthony Nader is president and chief executive officer of NEW Customer Service Companies, a unit of NEW Asurion Corporation. Under his leadership, NEW has grown to be the leading global provider of extended service plans for the consumer electronics and appliance industries. NEW was the first company of its type to receive a JD Power Certification; it was recently recognized by the Washington Business Journal as one of the top 50 places to work.
Nader is involved in a number of philanthropic, business and community organizations, including the Inova Health System Foundation Board, where he is past chairman, and the Inova Health System Board of Trustees. He is a member of Venture Philanthropy Partners, The Economic Club of Washington, D.C., and the Young Presidents Organization, a Partner in the Washington Nationals Baseball Club and a principal in SWaN Investors. He is a graduate of John Carroll University and holds an MBA in finance from the Weatherhead School of Management at Case Western Reserve University. Nader, his wife, Annette, and their three children live in Northern Virginia.
Fredrick Schaufeld is managing director of SWaN Investors. SWaN has 20 widely diversified investments, including growth oriented companies, domestic and international real estate ventures and the Washington Nationals Baseball Club. Schaufeld is also founder and chairman of NEW Customer Service Companies and vice chairman of its parent company, NEW Asurion Corporation, the world's leading consumer product protection administrator. Schaufeld was a founder of the Service Contract Industry Council (SCIC) and with his wife, Karen Schaufeld, authored its first model law, a derivation of which was adopted by most states. Prior to founding NEW, Schaufeld worked in the live talent industry.
Schaufeld is active on a number of corporate and philanthropic boards, including CustomInk.com; Loudoun Country Day School, where he is currently board chairman; Fight For Children; One Voice Movement; and the Washington Nationals Youth Baseball Academy. He is a member of Venture Philanthropy Partners and the Young Presidents' Organization. Schaufeld is a graduate of Lehigh University and has three children.
Earl Stafford is the chairman and CEO of The Stafford Foundation and The Stafford Foundation is a faith-based, nonprofit organization that supports more than 30 nonprofits that provide services to the disadvantaged and underserved and help them to improve their lives and become self-reliant. The foundation created and funded The People's Inaugural Project, which brought hundreds of disadvantaged Americans from across the country to witness and participate in the inauguration of President Obama. The foundation also established the Doing Good campaign with Dr. Bill Cosby's endorsement. The campaign is designed for people who are seeking ways to help others become self-sufficient so that they may in turn help others who are underserved. Stafford is the former chairman and CEO of UNITECH, a technology solutions company that developed advance distributed training programs, training simulation systems and homeland security solutions for the Federal Government.
Stafford enjoyed a distinguished career in the U.S. military, including serving as the assistant Air Force liaison officer to the Federal Aviation Administration where he was responsible for ensuring Department of Defense initiatives and programs which were integrated into the FAA's National Airspace System modernization effort. He currently serves on the boards of the Joint Center for Political and Economic Studies, Drexel University, Wesley Theological Seminary, Venture Philanthropy Partners and Business Executives for National Security.
George P. Stamas is a senior partner in the Washington and New York offices of the international law firm Kirkland & Ellis LLP. A graduate of the Wharton School of the University of Pennsylvania (1973) and the University of Maryland Law School (1976), Stamas began his career as a special counsel in the Enforcement Division of the Securities & Exchange Commission. He has been listed in Chambers USA: America’s Leading Lawyers and Best Lawyers in America for many years and was previously named by The American Lawyer as one of the leading 45 lawyers in America under the age of 45.
Stamas was the former vice chairman of the board of Deutsche Banc Alex Brown, Inc., a founding board member of FTI Consulting (NYSE), and also serves on the boards of NexCen Brands, Inc., Gridpoint Technologies, Medicity, Inc., and MidOcean Partners. He is also a venture partner of New Enterprise Associates and is active in numerous local and national civic affairs. In addition to being a member of the Council on Foreign Relations, he is on the board of the Shakespeare Theatre Company, Leadership 100, Caves Valley Golf Club, the Baltimore Orioles, and is an Archon of the International Order of St. Andrew.
Cliff White was a founding partner and the financial architect of NEW Customer Service Companies Inc., the nation's leading provider of extended-service plans and buyer-protection programs for consumer products. Founded in 1983 with headquarters in Sterling, Va., NEW provides award-winning post-sale consumer care for leading retailers, consumer service providers, wireless carriers and financial services firms in the United States, Canada, China, Japan, Turkey and the United Kingdom.
A graduate of Lehigh University, White started his career as a CPA with Deloitte Haskins & Sells in New York City. There he was responsible for managing the field work on the Bank of New York and Mitsubishi International Corporation audits. Currently he along with two other founding members of NEW are partners in SWaN Investors, a diversified private investment fund with more than 20 investments, including the Washington Nationals Baseball Club.
He is active on the Board of the Community Foundation of Montgomery County, where he and his wife, Debbie, have a family fund. White is also on the foundation's Sharing Montgomery Grants Committee and a founder and co-chair of the foundation's Neighbors in Need Montgomery Fund (a fund established in response to the current economic downturn focused on helping those in the county in dire need of housing, food and employment). The Whites also are donors in Venture Philanthropy Partners, an innovative philanthropic organization that makes investments in high-performing nonprofit organizations that serve children and youth of low-income families in the National Capital region. In addition, White is the treasurer of St. Dunstan's Episcopal Church in Bethesda, Md.