Ernie Grunfeld fired as president of the Washington Wizards

Sports 04/02/19, 13:58

Ernie Grunfeld has been fired as president of the Washington Wizards after 16 seasons in charge of the team.The Wizards announced his dismissal on Tuesday with four games left in a disappointing, no-playoffs season.Washington is 32-46 and in 11th place in the 15-team Eastern Conference.FILE - In this April 14, ...

Trump hosts Stanley Cup champion Capitals at White House

Sports 03/25/19, 15:15

President Donald Trump welcomed Alex Ovechkin and the reigning NHL champion Washington Capitals to the Oval Office on Monday to congratulate them for winning the Stanley Cup in June. Trump said it was an honor to host the team because he is a hockey fan and a Capitals fan. The president ...

As betting widens, NBA teams positioning to cash in

Sports 02/15/19, 17:23

Ted Leonsis does not gamble.The owner of the Washington Wizards is a venture capitalist and investor, along with the owner of the NHL champion Washington Capitals, the WNBA's Washington Mystics, the G League Capital City Go-Go and two Arena Football teams. He, personally, doesn't bet.But sports betting — and how ...

25 years after spurning NBA Jam, Jordan invests in esports

Basketball 10/25/18, 11:19

A quarter century after being famously excluded from the cult favorite video game NBA Jam, Michael Jordan is investing in esports.Jordan on Thursday was announced as an investor with aXiomatic, a major esports ownership group whose properties include powerhouse franchise Team Liquid.The board at aXiomatic includes Ted Leonsis, owner of ...

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