Comcast Sells NBC Sports Washington To Ted Leonsis' Monumental

Comcast sold its regional sports network NBC Sports Washington to Monumental Sports & Entertainment, lead by CEO and Washington Wizards owner Ted Leonsis.

Leonsis also owns the Washington Capitals.

Monumental owned 33% of the RSN before acquiring the remaining 67% of the company.

Comcast owns six other RSNs, though is not currently looking to sell any others.

The deal with Monumental is considered a one-off due to the two sides’ existing relationship.

Leave a comment

Your email address will not be published.