MSE | RMNB

Ted Leonsis lands on Forbes cover for creating one of the most valuable sports empires in the world

Washington Capitals owner Ted Leonsis landed on the cover of Forbes Daily highlighting his huge year in 2022.

Forbes published top 25 list of the most valuable sports empires in the world.

Leonsis made the list ranked number 20 through the Washington, DC sports powerhouse that is Monumental Sports & Entertainment. Ted is the founder, principal partner, and CEO of MSE which Forbes values at an estimated $4.51 billion.

(more…)

By Chris Cerullo 2 weeks ago

1 Comment

Billionaire Jeff Skoll becomes minority investor in Ted Leonsis’s Monumental Sports & Entertainment

Ted Leonsis’s Monumental Sports & Entertainment is growing. Tuesday, the company announced its latest investor.

Billionaire Jeff Skoll has partnered with MSE.

(more…)

By Ian Oland 2 months ago

1 Comment

Coca-Cola is now the exclusive soft drink partner at all Capital One Arena events

Capitals fans, if you’re a fan of Coca-Cola products and hated having to drink Pepsi at Caps games, this news is huge for you.

Wednesday, it was announced that Coca-Cola is now the exclusive soft drink partner for Monumental Sports & Entertainment. That means only Coke products will be served at Caps or Wizards games inside of Capital One Arena this season.

(more…)

By Chris Cerullo 4 months ago

0 Comment

MSE completes acquisition of NBC Sports Washington, network re-brand set for 2023-24 seasons

Monumental Sports & Entertainment (MSE) announced on Tuesday the closing of its acquisition of NBCUniversal’s stake in NBC Sports Washington from Comcast Corporation. The closure means MSE has fully acquired NBC Sports Washington — the TV rights holder of Washington Capitals and Washington Wizards games. MSE is majority owned by Ted Leonsis.

MSE previously held just 33 percent of the media company after first buying-in six years ago. The specific financial terms of the acquisition have not been disclosed.

As reported back in late August, the purchase now gives MSE the option of building a potential powerful streaming platform and more power to shape the primary coverage of its own sports teams.

(more…)

By Chris Cerullo 5 months ago

8 Comments

Ted Leonsis’s MSE becomes sole owner of NBC Sports Washington

Monumental Sports & Entertainment (MSE) announced on Tuesday that they reached a deal with the Comcast Corporation to fully acquire NBC Sports Washington — the TV rights holder of Washington Capitals and Washington Wizards games. MSE is majority owned by Ted Leonsis.

MSE fully acquired NBCSWSH by purchasing NBCUniversal’s 67% stake. MSE previously held 33 percent of the media company after first buying in six years ago. The financial terms of the acquisition were not disclosed.

The purchase now gives MSE the option of building a potential powerful streaming platform and more power to shape the primary coverage of its own sports teams.

(more…)

By Ian Oland 6 months ago

32 Comments

Capital One Arena to no longer require proof of vaccination and masks at Capitals games

Monumental Sports and Entertainment announced on Tuesday morning that it will be rolling back two of its biggest pandemic protections at Capital One Arena over the next 15 days.

Capitals fans will no longer be required to verify their vaccination status (beginning February 15) or wear masks (March 1) while attending games.

The move follows Mayor Muriel Bowser’s announcements during a press conference the day prior rolling back the mandates for DC businesses. Bowser did say businesses had the option of continuing the requirements if they wanted to.

(more…)

By Ian Oland 12 months ago

0 Comment

Capitals and Wizards to offer first NFT collections in mid-July

Monumental Sports & Entertainment announced on Wednesday morning that the Washington Capitals and Washington Wizards will be getting into the NFT game. Both organizations will be offering one-of-a-kind digital assets created by DC artists in mid-July.

“We are thrilled to share these incredible digital collections with Caps and Wizards fans and provide them an accessible entry into the exciting world of NFTs, blockchain technology, and cryptocurrencies,” Ted Leonsis said in a release. “Monumental Sports & Entertainment is a digital first company, and we consistently innovate to provide fans the richest, most immersive, and state-of-the-art experiences. To have the chance to do that and partner with Naturel and Rob Zilla III, two renowned D.C. digital artists – and Caps and Wizards fans, respectively – has been phenomenal.”

(more…)

By Ian Oland 2 years ago

4 Comments

The Capitals’ first home game with fans will be April 27 against the Islanders. Season-ticket holders will get priority on tickets.

Monumental Sports & Entertainment had their waiver approved last week by the DC government to reopen Capital One Arena for Washington Capitals and Washington Wizards games. Now, MSE is announcing its plans moving forward.

The Washington Capitals’ first game with fans will be their April 27th home game against the New York Islanders. 2,100 fans will be allowed to attend at a maximum, which is 10 percent capacity. The Capitals will give tickets to DMV first responders and frontline and essential workers of the COVID-19 response and honor them during the game.

“Our fans bring a lot of energy to our arena,” Jakub Vrana said recently. “They’re like an extra player for us. Even if it’s not going to be full, we’ll still be happy to see people in the stands cheering for us, giving us some extra energy. We’ve been missing that. Without them, it’s been quiet out there.”

(more…)

By Ian Oland 2 years ago

5 Comments

District approves waiver for Capital One Arena to host fans at Capitals and Wizards games at 10 percent capacity

Washington Capitals fans will be allowed to attend a hockey game as soon as next week.

Friday, the District approved Monumental Sports & Entertainment’s waiver for Capital One Arena to host fans at Washington Capitals and Washington Wizards games immediately. DC gave MSE permission to host fans at 10 percent capacity.

The news was reported by the Washington Post’s Michael Brice-Saddler.

(more…)

By Ian Oland 2 years ago

8 Comments

MSE doubtful DC will allow Capitals and Wizards fans to return before end of regular season

Muriel Bowser announced in mid-March that local sports teams could apply to host fans after March 22. The Washington Nationals and DC United had their waivers approved at their outdoor stadiums, but weeks later, Monumental Sports & Entertainment’s request to reopen Capital One Arena to Capitals and Wizards fans remains pending.

Monday, Mayor Bowser announced that while indoor capacity for Capitals and Wizards games cannot resume yet, a decision will be made “soon.”

(more…)

By Ian Oland 2 years ago

1 Comment

Page 1 of 2