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Capital One Arena is in the early stages of a multi-year $850 million renovation that will completely alter the exterior and parts of the interior of the arena. $515 million is coming from the District of Columbia government, while the rest is being paid for by Monumental Sports and Entertainment, which owns the teams. The renovation is ...
Monumental Sports & Entertainment (MSE) is an American sports and venue management company founded by Ted Leonsis in June 2010. Monumental owns and operates the NHL team Washington Capitals, the NBA team Washington Wizards, the WNBA team Washington Mystics, the NBA G League team Capital City Go-Go and the NBA 2K League team Wizards District Gaming.
In 2023, Ted Leonsis considered relocating the Washington Wizards and Capitals from the District of Columbia, seeking public funding for a major renovation of Capital One Arena. Mayor Muriel E. Bowser offered $500 million towards the $800 million project, Leonsis and Virginia Governor Glenn Youngkin later announced a partnership in December. [21]
Wizards, Capitals owner Ted Leonsis reportedly spoke with Maryland Gov. Wes Moore about arena plans. ... Both the Wizards and Capitals have played at the Capital One Arena since 1997, and the ...
Washington Capitals and Wizards owner Ted Leonsis, NBA Commissioner Adam Silver, District of Columbia Mayor Muriel Bowser and other officials celebrated the start of an $800 million downtown arena ...
Pollin's building and financing of Capital One Arena is often given credit for revitalizing Downtown Washington, D.C. [15] The block of F Street NW where Capital One Arena is located was named "Abe Pollin Way" in his honor. [16] The Irene Apartments at 4701 Willard Ave, Chevy Chase, Maryland, were built by Abe and named after his wife.
Capital One Arena hosts over 200 events every year. NBA, NHL, College Basketball and concerts are all on the calendar. Behind-the-scenes look at how Capital One Arena changes over for events
Capital One Arena (formerly MCI Center and Verizon Center) (December 1997–present) In December 2023, Monumental Sports & Entertainment founder and team owner Ted Leonsis engaged in a non-binding partnership with Virginia governor Glenn Youngkin to move the Wizards and Washington Capitals to a planned arena in Potomac Yard in Alexandria ...