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Why Ted Leonsis runs Monumental Sports as if it's pre-IPO

Ted Leonsis, CEO of Monumental Sports & Entertainment — the company that owns the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics — tells Yahoo Finance Executive Editor Brian Sozzi that an initial public offering (IPO) isn't the "endgame," but he is operating the company as if it's in a pre-IPO stage.

Make sure to watch Yahoo Finance's full interview with Ted Leonsis .

For full interviews, highlights, and key insights, check out more from Yahoo Finance Invest .

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