Ted Leonsis is a powerhouse entrepreneur with a diverse portfolio spanning industries like film, finance, and media. At the core of his empire is Monumental Sports & Entertainment (MSE), a company that cements his influence in the sports world. Through MSE, Leonsis holds majority stakes in several major teams, including the NBA’s Washington Wizards, the NHL’s Washington Capitals, and the WNBA’s Washington Mystics.

Beyond team ownership, Leonsis also owns the iconic Capital One Arena, a premier sports and entertainment venue located in downtown Washington, D.C., further solidifying his role as a central figure in the region’s sports and entertainment landscape.

Overall, Mr. Leonsis owns assets worth billions of dollars which is not bad for a guy who came from a working-class house and was the first to attend college, is it? However, Ted not only enjoys a successful professional career but also lives an equally fulfilling life with his family. Moreover, his wife Lynn Leonsis has been by his side from the start and the two are each other’s backbone. So, here’s everything you need to know about the better half of the Wizards owner.

Who is the wife of Washington Wizards owner Ted Leonsis? How long has he been married?

As mentioned earlier, the Wizards owner is happily married to Lynn Leonsis. She was born to parents May Elsie Peterson and Richard Eric Peterson and grew up in Lake Forest, Illinois alongside side her sister, Pamela Peterson. On the other hand, it is not known which school and university Lynn attended. Additionally, it was sports itself that brought Lynn and her husband together for the first time. Ted was a sports enthusiast and enjoyed playing golf and tennis while he was working on launching Regate Communications Corporation.

One day, his friends introduced him to a woman playing doubles tennis. And just like that! it was love at first sight as he first laid eyes on Lynn. Later on, he revealed that she was the most beautiful woman he had ever seen. At the time, Ted and Lynn were single and in no time, the couple started dating. As time passed on the couple’s love grew even stronger and now they have been married since August 1987.

It has now been over three decades since the couple tied the knot and since then their family has also grown as they are proud parents of Zach Leonsis who was born in 1988 and his younger sister Elle Leonsis who they welcomed in 1992. They have a wonderful bond with their two kids who are now all grown up and are married. Zach has followed in the footsteps of his father and serves as the President of Media and New Enterprises at his dad’s company while being married to his college sweetheart Melissa Leonsis. While his sister shares her life with partner Toby Helme.

Is Ted Leonsis’ wife Lynn a philanthropist?

Lynn Leonsis alongside her husband is heavily involved in philanthropic activities through their family foundation. The couple is focused on children’s education and mentoring the broader Washington Community. A testament to this is their recent $10 million donation to Georgetown University which will be equally divided between MedStar Georgetown University Hospital and Georgetown Entrepreneurship. The family said this donation is rooted in the university’s growth, “Georgetown has been very meaningful to me in my life and career, very meaningful to my family,” Leonsis said in the university’s announcement.

Furthermore, the family foundation has donated $11.3 million in pledges and donations since June 2023. This includes a donation to help Calvaary Women’s Services from a devasting explosion, funding the Mamie Johnson Little League Softball team, and a $5 million donation to support and inspire young entrepreneurs at McDonough School of Business for their annual “Bark Tank competition. Lynn and her husband Ted have been working tirelessly to give back to the community through their family foundation.