Leonsis Launches Online DC Sports Channel

The Monumental Network is a website that NBA Wizards and NHL Capitals owner Ted Leonsis is debuting this week in a search for new revenue to fund his billion-dollar media-entertainment-sports enterprise, which includes the Verizon Center and everything in it. The new site “is a precursor to a much bigger media play for us,” Leonsis said. “The long-range goal is to own our own means of distribution. The most successful sports teams right now are successful because they own their own regional sports networks.”