Team Liquid, an eSports franchise, announced the sale of the controlling interest of the team to an ownership group called aXiomatic that includes professional sports owners Peter Guber, Ted Leonsis and Magic Johnson. Guber and Leonsis will serve as Co-Executive Chairmen of the new ownership group. Guber is an owner of the Golden State Warriors […]
Ted Leonsis, the business mogul that owns and operates Monumental Sports & Entertainment (MSE), quietly announced his intentions for a $10 million venture capital fund for the purposes of investing in sports and entertainment tech startups. MSE owns three Washington D.C. sports teams—the Mystics of the WNBA, the Capitals of NHL and the Wizards of […]
Sportradar, a leading provider of sports data technology and global services has announced a secured new funding round and strategic partnership led by Revolution Growth. Joining the newly formed advisory board will be Ted Leonsis, co-founder of Revolution Growth, and owner of the Washington Wizards (NBA), Capitals (NHL) and Mystics (WNBA) along with his partner Evan Morgan. Dallas […]
