Mark it up. The final step in the announcement of the naming rights switch of Verizon Center, came yesterday. Monumental Sports and Entertainment released the press release on its website. You can read it here.
Noteworthy points. The new name begins immediately, while the branding and signage outside the arena will be changed in the fall. Heck, even the Wikipedia page has already been updated.
Wizards owners Ted Leonsis spoke on the decision.
“Capital One is one of the most influential local businesses in our region over the last two decades, so we couldn’t be more pleased to partner with another homegrown company to create more incredible memories for sports fans, music fans, families and friends all across our region,” said Ted Leonsis, Founder, Majority Owner and CEO of Monumental Sports and Entertainment.