Monumental Sports & Entertainment announced a $15 million investment in technology renovations coming to Capital One Arena, home to the NBA’s Washington Wizards and NHL’s Washington Capitals. The project is privately funded and is expected to be completed by Fall 2019.
MSE owns Capital One Arena and previously dedicated $40 million to upgrades to the arena last summer. The current $15 million second phase investment will be used to add a new scoreboard, LED video boards, LED lighting throughout the arena, new concessions, and to upgrade luxury lounges.
“By transitioning to a fully digital experience at Capital One Arena, our partners will have the ability to reach fans through more experiential, measurable and targeted content,” said Jim Van Stone, President of Business Operations and COO at MSE, in a press release.