 Leipold is the majority owner and principal investor in MSE, a regional sports and entertainment leader that includes the NHL's Minnesota Wild, its AHL affiliate the Iowa Wild of the American Hockey League, Wildside Caterers, 317 on Rice Park and the facility management of Xcel Energy Center and the Saint Paul RiverCentre.He also serves as the team's Governor at NHL Board of Governors' meetings.After purchase of MSE, Mr. Leipold sold the Swarm to John Arlotta.