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Sports Mogul Ted Leonsis Has a Moment of Reckoning

Complete video at: Can a brush with death change your life? For sports owner and former AOL executive Ted Leonsis, it did. He recalls that despite being a multimillionaire at age 26, he was "absolutely miserable" when he came face-to-face with death during a crash-landing in 1983. "If you want humility, be on a plane that jettisons its fuel," he says. ----- More than a quarter century ago, at the age of 25, Ted Leonsis - now the owner of the Washington Capitals - was already a highly successful entrepreneur, but reflecting on his life after surviving a plane crash, he realized that he wasn't truly happy. Walking away from that plane crash, Leonsis was determined to discover the secret to happiness. Using the same analytical skills that had brought him great business success, he began to study happiness in fellow business executives, successful entertainers, and professional athletes, as well as typical Americans. He presents his findings in his new book, The Business of Happiness. - Sixth and I Historic Synagogue Ted Leonsis is a pioneer of the new media industry, a professional sports team owner and a philanthropist. He has been involved in the Internet industry since its inception, and is a past Chairman of America Online. As a sports team owner, Leonsis is the founder of Lincoln Holdings LLC, a sports and entertainment company, which holds ownership rights in several Washington, DC, entities including the NHL's Washington Capitals, the NBA's Washington Wizards, the WNBA's Washington Mystics, the Verizon Center and the Baltimore-Washington Ticketmaster franchise. Leonsis was a creator and producer of Nanking, a documentary film that premiered at the 2007 Sundance Film Festival, winning the festival's Documentary Editing Award.
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