Exterior of the arena (c. 2008)
|Former names||MCI Center (1997–2006)|
Verizon Center (2006–17)
|Address||601 F Street NW|
|Owner||Monumental Sports & Entertainment|
|Field size||1.02 million sq ft (95,000 m2)|
|Broke ground||October 18, 1995|
|Opened||December 2, 1997|
|Construction cost||US$260 million|
($436 million in 2019 dollars )
|Architect|| Ellerbe Becket |
Devrouax & Purnell
|Project manager||Seagull Bay Sports, LLC.|
|Structural engineer||Delon Hampton & Associates|
|Services engineer||John J. Christie Associates|
| Washington Wizards (NBA) (1997–present)|
Washington Capitals (NHL) (1997–present)
Georgetown Hoyas (NCAA) (1997–present)
Washington Mystics (WNBA) (1998–2018)
Washington Power (NLL) (2001–2002)
Washington Valor (AFL) (2017–2019)
Capital One Arena is an indoor arena in Washington, D.C.. Located in the Penn Quarter neighborhood of Washington, D.C., the arena sits atop the Gallery Place rapid transit station of the Washington Metro. It has been largely considered to be a commercial success and is regarded as one of the driving catalysts of the revitalization of Washington, D.C.'s Chinatown neighborhood.
Owned and operated by Monumental Sports & Entertainment, it is the home arena of the Washington Capitals of the NHL, the Washington Wizards of the NBA, and the Georgetown University men's basketball team. It was also home to the Washington Mystics of the WNBA from 1998 to 2018 until they moved to the St. Elizabeths East Entertainment and Sports Arena in southeast Washington for the 2019 season.
The arena was built in the mid-1990s solely with private financing by Abe Pollin, and is situated on top of land leased from the District of Columbia. It opened on December 2, 1997, as the MCI Center. Nearly a decade later, in January 2006, Verizon Communications purchased MCI and the arena's name was changed accordingly to Verizon Center.The following year, in 2007, the "first true indoor high-definition LED scoreboard" was installed in the arena.
On June 10, 2010, following Pollin's death in November 2009, the Pollin family sold the arena, along with the Washington Wizards and the Washington-Baltimore area Ticketmaster franchise, to Ted Leonsis, who already owned the arena's other tenant, the Washington Capitals. Leonsis subsequently formed a new management company, Monumental Sports & Entertainment.
In the professional fighting world, the arena was home to Mike Tyson's final fight (Mike Tyson vs. Kevin McBride) on June 11, 2005and on October 1, 2011, UFC Live: Cruz vs. Johnson was held at the arena.
The arena has hosted NCAA Division I Men's Basketball Tournament rounds several times, with first and second round events in 1998, 2002, 2008 and 2011 and hosted the regional finals in 2006, 2013 and 2019.Most notably the 2005–06 George Mason Patriots men's basketball team advanced to the Final Four in the arena. The arena hosted the 2009 "Frozen Four," the final round of the 2009 NCAA Division I Men's Ice Hockey Tournament.
The arena has hosted two all star games: the 2001 NBA All-Star Game and the 2007 WNBA All-Star Game.
A report emerged in May 2015 that Verizon would not renew its naming rights to the Verizon Center when its agreement with Monumental was to end in 2018.In the same week, it was announced that Etihad Airways signed a deal to become the official airline of the arena, sparking speculation that Etihad might be the leading contender to assume naming rights in 2017. However, on August 9, 2017, it was announced the bank Capital One had purchased the rights, renaming the venue Capital One Arena.
The arena hosted the 2016 Kellogg's Tour of Gymnastics Champions.
In 2017, the Washington Valor began play at the arena for their inaugural season in the Arena Football League.The Mystics moved after the 2018 WNBA season to a new, smaller arena in the Congress Heights area of southeast Washington.
The venue also hosted both the 1998 Stanley Cup Finals and the 2018 Stanley Cup Finals, the latter of which saw the Capitals win the first Stanley Cup championship in team history, and the first major sports championship to Washington, D.C. since the 1992 Washington Redskins.
On October 2, 2019, the Capital One Arena hosted AEW Dynamite , the first televised professional wrestling event by All Elite Wrestling. It was broadcast on TNT in the United States of America and on ITV4 in the United Kingdom.
On October 4, 2019, Monumental Sports & Entertainment, the owner of the Washington Capitals, Washington Wizards, and Washington Mystics professional sports teams, and British bookmaker William Hill announced plans to offer sports betting at the Capital One Arena pending approval of sports betting by the District of Columbia Mayor and City Council.
When the arena opened, there was concern that it would lead to the displacement of Chinese businesses and culture in the area that is the city's Chinatown.The surrounding area has indeed been dramatically gentrified, and most of the Chinese residents and businesses who lived and operated in the neighborhood when the arena first opened have been displaced because of the spike in real estate prices. Recent estimates hold that the number of Chinese in the neighborhood is down to around 400 to 500. The Chinese-owned restaurants and businesses in the Chinatown area are largely gone and there has not been a full-service Chinese grocery in the neighborhood since 2005.
In December 2007, then-Capitals captain Chris Clark gained a bit of press by stating that he believed the arena had the worst ice in the NHL. "There's a lot of ruts in the ice. It's soft. It's wet half the time. I could see a lot of injuries coming from the ice there. It could cost [players] their jobs... Even guys on other teams say the same thing. When we're facing off, they say, 'How do you guys play on this?'" Capitals owner Ted Leonsis addressed this criticism directly. [ according to whom? ] and number of complaints has noticeably decreased. During playoff games, the arena installs a system to help remove hot air and humidity to maintain the ice conditions during warmer times of the year.[ citation needed ]The ice quality issue has been persistent both since the opening of the facility and with the Capitals franchise in general. Since Leonsis' acquisition of the facility, the quality of the ice has gotten better
|Wikimedia Commons has media related to Capital One Arena .|
The Washington Wizards are an American professional basketball team based in Washington, D.C. The Wizards compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Southeast Division. The team plays its home games at the Capital One Arena, in the Chinatown neighborhood of Washington, D.C.
The Washington Mystics are an American professional basketball team based in Washington, D.C. The Mystics compete in the Women's National Basketball Association (WNBA) as a member club of the league's Eastern Conference. The team was founded prior to the 1998 season, and is owned by Monumental Sports & Entertainment, which also owns the Mystics' NBA counterpart, the Washington Wizards. Sheila C. Johnson, co-founder of BET and ex-wife of Charlotte Sting owner Robert L. Johnson, is the managing partner.
The Washington Commandos were an arena football team based in Fairfax, Virginia. The Commandos were founded in 1987 and were an inaugural member of the Arena Football League (AFL), and were based in Landover, Maryland. After not playing during the 1988 season, the team returned for the 1989 season as the Maryland Commandos. Following the 1989 season, the Commandos moved to Fairfax, Virginia, where they once again became known as the Washington Commandos. The team never achieved much success at either of its locations, winning a total of four games in three seasons, including a winless 1989 season.
Washington, D.C.'s Chinatown is a small, historic area east of Downtown Washington, D.C. along H and I Streets between 5th and 8th Streets, Northwest. Historically, the area was once home to thousands of Chinese immigrants, which has shrunk to fewer than 300 in 2017. The current neighborhood was the second in Washington to be called “Chinatown” since 1931. Originally, the first Chinatown was built in the Federal Triangle on the south side of Pennsylvania Avenue some time after 1851, but was relocated to the H Street area when a new federal building was built there. A Chinese gate was built over H Street at 7th Street. In 1997, prominent landmarks such as the Capital One Arena, a sports and entertainment arena has gentrified the area. The neighborhood is served by the Gallery Place station of the Washington Metro.
The EagleBank Arena is a 10,000-seat arena in the eastern United States, on the campus of George Mason University in Fairfax, Virginia, a suburb southwest of Washington, D.C.
Abraham Pollin was the owner of a number of professional sports teams including the Washington Capitals in the National Hockey League (NHL), the Washington Mystics in the Women's National Basketball Association (WNBA), and the Washington Wizards in the National Basketball Association (NBA). Pollin was the longest-tenured owner of an NBA team, holding the Packers/Zephyrs/Bullets/Wizards franchise for 46 years.
Susan O'Malley is an American sports executive. In 1991, she became president of the Washington Bullets team, a member of the National Basketball Association (NBA); then 29 years old, she was the first female president of an NBA franchise, and one of the first women to hold the top front-office position for a major league sports team in North America.
Raul J. Fernandez is an entrepreneur, investor, philanthropist and strategic partner. He is the Vice Chairman and Owner of Monumental Sports & Entertainment, as well as a Special Advisor to General Atlantic Partners. In 1991, he founded, took public and later sold Proxicom, an internet development and e-business consulting company, to Dimension Data at a transaction valued at $450 million. Fernandez serves as a Director for Broadcom, DXC Technology, GameStop, InSite, PerfectSense Digital, SyncThink, URBANEER, and was previously a Director from 2001-2017 and Chairman of the Compensation Committee for Kate Spade & Company before they were sold to Tapestry in July 2017. He is a current Chairman of the Board for RemoteRetail, and ObjectVideo, a technology company sold to Alarm.com in 2017, and named a 2005 Technology Pioneer by the World Economic Forum.
Sports in the Washington, D.C. area include major league sports teams, popular college sports teams, and a variety of other team and individual sports. The Washington metropolitan area is also home to several major sports venues including Capital One Arena, RFK Stadium, FedExField, Audi Field, and Nationals Park.
Theodore John Leonsis is an American businessman, investor, filmmaker, author, philanthropist, and former politician. He is a former senior executive with America Online (AOL), and the founder, chairman, and CEO of Monumental Sports & Entertainment. He is also founding member and investor in the Revolution Growth Fund, which includes investments in FedBid, Resonate Insights, Optoro and CustomInk. He is the founder and chairman of SnagFilms, which produced the documentary film Nanking. The film was honored with the 2009 News & Documentary Emmy Award. He is also an author, having published the book The Business of Happiness in 2010.
NBC Sports Washington is an American regional sports network that is owned by NBCUniversal and Ted Leonsis, and operates as an affiliate of NBC Sports Regional Networks. Headquartered in Bethesda, Maryland, the channel broadcasts regional coverage of sports events throughout the Mid-Atlantic, with a focus on professional sports teams based in Baltimore and Washington, D.C., as well as sports news and entertainment programming.
MedStar Capitals Iceplex is the practice arena of the Washington Capitals of the National Hockey League. The highest ice rink above street-level in the United States, it is located on the eighth floor atop the parking garage adjoining the Ballston Quarter in the Ballston neighborhood of Arlington County, Virginia.
Kiswe is a startup company that makes live streaming technology for live sports, entertainment and video. Its cloud production platform delivers picture-in-picture viewing experiences, which allows digital viewers to switch in and out of alternative audio feeds presented by guest commentators.
The Washington Valor were a professional arena football team based in Washington, D.C. that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Capital One Arena. The Valor were owned by Monumental Sports and Entertainment, which also owns the Washington Wizards of the National Basketball Association (NBA), Washington Mystics of the Women's National Basketball Association (WNBA), Washington Capitals of the National Hockey League (NHL), Capital City Go-Go of the NBA G League and fellow AFL team the Baltimore Brigade.
Sashi Brown is an American attorney and sports executive.
The Baltimore Brigade was a professional arena football team based in Baltimore, Maryland, that played in the Arena Football League (AFL) from 2017 to 2019. The team's home arena was the Royal Farms Arena. The franchise was owned by Monumental Sports & Entertainment, which also owned the Washington Valor of the AFL, as well as the Washington Wizards of the National Basketball Association (NBA), Washington Mystics of the Women's National Basketball Association (WNBA), and Washington Capitals of the National Hockey League (NHL).
The 2017 Arena Football League season was the 30th season in the history of the Arena Football League (AFL). Prior to the start of the season, the league contracted to five teams. Due to this, for the first time since 1991, the league was not divided into conferences or divisions. The 14-game regular season began on April 7, 2017, when the two new teams, the Baltimore Brigade and the Washington Valor, faced off in the Verizon Center, and ended on August 5, 2017, when the Tampa Bay Storm lost against the Philadelphia Soul.
Washington, D.C. originally had one of the 1987 AFL charter teams called the Washington Commandos. The team played its home games during its first season at the Capital Centre in Landover, Maryland in 1987. The Commandos did not play in 1988, but returned as the Maryland Commandos the following season. The team moved to Virginia in 1990, again as the Washington Commandos and played at the Patriot Center in Fairfax, Virginia. The team was folded after the 1990 season. Later, Washington Redskins owner Daniel Snyder tried to launch an expansion team called the Washington Warriors, but could not get the trademarks and was eventually abandoned.
|Events and tenants|
| Home of the|
1998 – 2018
St. Elizabeths East Arena
| Home of the|
1997 – present
| Home of the|
1997 – present
| Host of the|
TD Banknorth Garden
| Host of the|
American Airlines Arena
U.S. Bank Arena
| Host of|
WWE Cyber Sunday
US Airways Center