Leonsis: Billboards could help Wizards, Caps

What do flashy billboards have to do with a championship for the Washington Wizards or the Capitals? Everything, if you ask Ted Leonsis.

Leonsis, the founder of Monumental Sports & Entertainment, which owns both teams and the Verizon Center where they play, says he’s at a competitive disadvantage when it comes to running both the facility and two teams. Being allowed to have more digital signs outside the arena could make up that difference in revenue, he said.