[4] The Pollins launched their own construction company in 1957.
Jordan later stated that he felt betrayed, and that if he had known he would be fired upon retiring he never would have come back to play for the Wizards. Pollin died on November 24, 2009, nine days before his 86th birthday, of corticobasal degeneration, a rare brain disease. She was … [5][11][12] Also during college, Leonsis, with encouragement from a mentor, Reverend Joseph Durkin, used computers and primitive punch cards to his thesis where it introduced him to the potential fortunes that were to be made in the emerging software and personal computer industries of the early 1980s[citation needed]. [71], In 2013, Leonsis produced the documentary Lost for Life, which explores juvenile offenders who have been sentenced to life without parole. Monumental Sports additionally owns the Capital One Arena in Washington, D.C.[23] and manages the MedStar Capitals Iceplex and George Mason University's EagleBank Arena. [9] One day when mowing, he stumbled upon mowing the lawn owned by a wealthy stockbroker and Georgetown alumus named Jim Shannon. [21] He held numerous positions at AOL during his years there, completing his tenure and retiring in 2006 as the audience group's president and vice-chairman. [16] He raised $1 million in seed capital with his partner Vincent Pica,. Pollin was the longest-tenured owner of an NBA team, holding the Packers/Zephyrs/Bullets/Wizards franchise for 46 years.
[49], In the face of community opposition, Leonsis has persisted with a plan to expand the billboards around the Verizon Center. His first venture was publishing LIST, a technology magazine that focused on the then-new personal computing industry.
[7] When his high school guidance counselor evaluated his skill set, the counselor concluded that young Ted was destined to work in a grocery store.
He is also an author, having published the book The Business of Happiness in 2010. Foundation Of Greater Washington, D.C. Inc., Harvey C. Barnum, Jr., 2005 Teacher of the Year, Jason Kamras and 2006 Miss District of Columbia, Kate Michael. Monumental and CSN Mid-Atlantic formed an advanced media partnership that not only extended CSN's exclusive media rights to the Capitals and Wizards but also saw Monumental become an equity partner in CSN.
Leonsis became the majority owner of the Washington Wizards in June 2010, inheriting a team that had 26 wins and 56 losses during the previous season. Leonsis got involved in politics after he ran a friend's campaign for Congress and worked as an intern for Paul Tsongas's office in Washington, D.C.[10] He has donated to the campaign of Barack Obama during his 2008 and 2012 elections and Hillary Clinton in 2016.[88][89][90][91][92].
[42], During the 2009–2010 season, the Capitals earned the NHL's President's Trophy as the team that finished with the most points in the league during the regular season. [4] He was also the builder and owner of the Capital Centre, former home of the Washington Bullets (Now Wizards) and Capitals.
Leonsis was born on January 8, 1957, in Brooklyn, New York. Leonsis found Lovell a part-time job as a restaurant kitchen worker and provided him with a paid and furnished apartment, a prosthetic leg and Capitals season tickets for life.
[35] After Jágr was traded in 2004, Leonsis was criticized by fans. [40] He also alleged that Leonsis was bribing bloggers for positive coverage of the Capitals. [79][80][81] He recalls his experience with music when Leonsis was let out of school and when his parents got home from work where music helped him fill the void during his spare time.[81]. [3][4] He is the founder and chairman of SnagFilms, which produced the documentary film Nanking.
"[31] Leonsis has sought to roll-back changes to the Wizards and Capitals franchises that coincided with the opening of the Verizon Center in 1997.
The film was honored with the 2009 News & Documentary Emmy Award. Leonsis left Harris Corporation in March 1981 when, at the age 25, he moved to Florida and began his first business venture.
[19] When the organization was acquired by America Online (AOL) in 1994, Leonsis began working with AOL as a senior executive, remaining with the company for 13 years. Forbes estimates his net worth at around US$1 billion in 2018. 1 Sports PowerPlayer in Maryland, 2016 Greater Washington Urban League Unsung Philanthropist Award, This page was last edited on 12 September 2020, at 21:47. Rookie Walt Bellamywas the team's star, averaging 31.6 points per game, 19.0 rebounds per game, and leading the NBA in field goal percentage. [16][18], In 1987, Leonsis established the marketing communications company, Redgate Communications Corporation. In 2007, he changed the Capitals team logo and its colors back to their original red, white, and blue, and in May 2011, received positive responses from media, fans, players and alumni when the Wizards unveiled a similar red, white and blue color scheme, along with uniforms reminiscent of those worn by the team under their former name, the Bullets, when they won the NBA Championship in 1978.
Two years later, he sold the company to T…
[28] In 2016 a rebranded Monumental Sports Network was launched for digital, mobile and over-the-top platforms.
He had made donations totaling $3 million toward finding a cure for the disease.
[50] Critics said the signage would make the arena more garish and cheapen DC's Chinatown, Leonsis said it was necessary to raise an additional $20 to 30 million in annual revenue, and a sports expert explained that "an owner saddled with underperforming teams is under greater pressure to find income sources.
It was honored with the 2008 Peabody Award[69] and the 2009 News & Documentary Emmy Award for Best Historical Programming (Long Form). [20] Under his leadership, AOL increased its membership from under 800,000 members to over 8 million, while their annual revenue increased from $100 million to $1.5 billion.
Masai Ujiri, Getty Images Apparently the Washington Wizards are not actually interested in poaching Masai Ujiri from the newly crowned NBA champion Toronto Raptors after all.
[4][7][8]
[74], Leonsis is married to Lynn Leonsis and they have a son and a daughter. Jordan kept busy over the next few years. During the All-Star game, Bellamy represented the team while scoring 23 points and grabbing 17 rebounds. [4] He moved the team to the Washington area in 1973 after building the Capital Centre. Pollin's building and financing of Capital One Arena is often given credit for revitalizing Downtown Washington, D.C.
She was 96. The USOC ultimately selected Los Angeles, which lost the 2024 bid was awarded the 2028 Summer Games. The first issue of the magazine was published in 1982, and was a huge success; $50,000 worth of copies were sold near cash registers, bookstores, and newsstands. Foundation Of Greater Washington, D.C. Inc. Jewish Washington: Scrapbook of an American Community, "Washington Wizards owner Abe Pollin dies at 85", "Washington Wizards Owners Irene & Abe Pollin", "The Promise: Two wealthy men set out to transform the lives of 59 fifth-graders", https://www.nytimes.com/2009/11/25/sports/basketball/25pollin.html?_r=0, "Funeral for Wizards owner Pollin to be held Friday", "Abe Pollin, Team Owner and Philanthropist, Dies at 85", https://en.wikipedia.org/w/index.php?title=Abe_Pollin&oldid=971515027, Articles needing additional references from November 2009, All articles needing additional references, Creative Commons Attribution-ShareAlike License, This page was last edited on 6 August 2020, at 16:29.
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