Wizards owner Ted Leonsis on season: ‘We weren’t tanking, we were developing players’ May 17, 2025 by Hoops Hype “We weren’t tanking. We were developing players. It’s a little different than maybe what some of the other teams’ strategy was,” said Leonsis, CEO of Monumental Sports & Entertainment, which also owns the NHL’s Capitals and WNBA’s Mystics.