Ted Leonsis Swaps Homes in Great Deal

Ted Leonsis, owner of the Washington Capitals and the Washington Wizards, is making moves of his own this year. His plays haven't been on the court, but in the real estate arena.

Leonsis, who has held several executive positions at AOL and is also a bestselling author, blogged on Monday that he has purchased the famous Marwood Estate in Potomac, MD. The sports titan didn't say how much he paid for Marwood, but he did mention that he acquired the riverfront mansion in a swap: He purchased it from telecom executive Chris Rogers and his wife, Nalini, who in turn bought the home owned by Leonsis in McLean, VA.