Name

Monumental Sports & Entertainment

Legal name

Monumental Sports Entertainment

Website

https://monumentalsports.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Professional Sports & Entertainment

NAICS

Sports Teams and Clubs (711211), Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Spectator Sports (71121), Amusement, Gambling, and Recreation Industries (713)

SIC

Services-Amusement & Recreation Services (7900), Television Broadcasting Stations (4833), Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Professional & Major League Stadiums (MPAKAEAA)

akta.pro secondary industries

Athlete & Team Sponsorship Deals (Official Partners, Jersey/Kit Sponsors) (MPAKALAA), Sports Streaming Distribution & App Platforms (CTV, Mobile, Web) (MPAKAOAL), Sports Events & Match Tickets (THAJAFAE), Licensing, Merchandising & Co-Branded Products (Sponsored Merchandise, Collabs) (MPAKALAE)

Keywords

• Professional sports teams
• Regional sports network
• Sports venue management
• Corporate sponsorship sales
• Esports operations

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Ticket Sales: Revenue from individual game tickets, season tickets, club seats, and group sales for Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA), Georgetown Hoyas, and 220+ annual events at Capital One Arena.
2. Corporate Partnerships & Sponsorships: Naming rights (Capital One Arena), jersey patches (GEICO for Wizards, Caesars Sportsbook for Capitals), arena signage, suite rentals, and multi-property sponsorship agreements including international partners.
3. Media Rights & Broadcasting: Revenue from local television broadcast rights for Capitals, Wizards, and Mystics games through Monumental Sports Network, plus streaming subscriptions via Monumental+.
4. Arena Premium Experiences: Revenue from theater boxes, luxury suites, executive suites, and premium hospitality spaces including The Halo multi-level premium hospitality space and Lexus Vaults VVIP experience.
5. Concessions and Merchandise: Food, beverage, and merchandise sales during events at Capital One Arena and other MSE venues.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Monumental Sports & Entertainment owns and operates professional sports teams, venues, a regional sports media network, and a direct-to-consumer streaming platform, generating revenue through live event ticketing, broadcasting and streaming subscriptions, corporate sponsorships, premium hospitality, concessions, and merchandise. The portfolio is vertically integrated, controlling everything from team operations to game production to fan-facing distribution via Monumental Sports Network and Monumental+.

Product overview

Monumental Sports & Entertainment operates as a vertically integrated sports and entertainment platform under a unified brand. The company owns and operates eight professional sports teams (Washington Capitals NHL, Washington Wizards NBA, Washington Mystics WNBA, Capital City Go-Go NBA G League, Wizards District Gaming NBA 2K League, Caps Gaming esports, Team Liquid esports, and Hershey Bears AHL), five major venues (Capital One Arena, EagleBank Arena, MedStar Capitals Iceplex, MedStar Health Performance Center, District E), one regional sports media platform (Monumental Sports Network), and one philanthropy foundation. Monumental+ serves as the direct-to-consumer streaming complement to MNMT. The portfolio is tied together through broadcast production infrastructure, sports betting integrations, esports operations, and a major $800+ million venue transformation initiative.

Differentiator

Problem solved

Functional benefit

Brands

• Monumental Sports Network: Regional sports network holding exclusive local television media rights for Washington Capitals, Wizards, and Mystics.
• Monumental+
• District E Powered By Ticketmaster
• District of Play

Products and services

• Washington Capitals Professional NHL hockey team owned by MSE; 2018 Stanley Cup champions, playing home games at Capital One Arena. Offers season tickets, individual game tickets, club seats, group sales, executive suites, and merchandise.
• Washington Wizards Professional NBA basketball team owned by MSE with four NBA Finals appearances and a 1978 championship. Plays home games at Capital One Arena and offers tickets, suites, and merchandise. Holds a GEICO jersey patch sponsorship.
• Washington Mystics Professional WNBA basketball team owned by MSE and 2019 WNBA Champions. Sold individual game tickets, season tickets, and merchandise; set WNBA regular season attendance record of 20,711 fans on September 19, 2024.
• Capital City Go-Go NBA G League affiliate of the Washington Wizards. Offers season tickets, group sales, and game-day experiences at the Entertainment and Sports Arena.
• Wizards District Gaming Professional NBA 2K League esports team based in Washington, D.C., owned and operated by MSE. Streams on Twitch and supports merchandise sales and sponsorships.
• Team Liquid World-renowned professional esports organization with 60+ championship-level athletes competing in 14 games, owned via MSE's controlling interest through aXiomatic Gaming. Streams on Twitch, sells merchandise, and monetizes sponsorships and activations globally.
• Capital One Arena 20,000-seat multi-purpose sports and entertainment venue in downtown Washington, D.C. Home to the Capitals, Wizards, and Georgetown Hoyas, hosting 220+ events annually with 50M+ cumulative visitors since 1997. Currently undergoing an $800M+ renovation with $515M in public investment.
• EagleBank Arena 10,000-seat arena on the George Mason University campus that hosts basketball games, concerts, family shows, and other third-party events.
• District E Powered By Ticketmaster Nearly 14,000-square-foot live-event theater in Gallery Place, Washington, D.C., offering 365-day-a-year immersive esports, music, event programming, and community events. Flagship competition and training venue for MSE's esports franchises.
• MedStar Capitals Iceplex State-of-the-art training facility in Arlington, Virginia, and the official home of the Washington Capitals. Features two indoor NHL-sized ice rinks, a ProShop, team store, snack bar, and is the only year-round indoor ice rink in the Washington D.C. area metro accessible and inside the Beltway.
• MedStar Health Performance Center $65 million, 118,000-square-foot basketball training facility in Ward 8, Southeast Washington, D.C., serving as the home training site for the Wizards, Mystics, and Capital City Go-Go under a partnership with MedStar Health.
• Monumental Sports Network (MNMT) Regional sports network wholly owned by MSE holding exclusive local television media rights for the Capitals, Wizards, and Mystics. Also broadcasts Capital City Go-Go, Wizards District Gaming, and comprehensive regional high school and collegiate sports programming across linear TV, digital, mobile, and OTT distribution.
• Monumental+ Direct-to-consumer streaming platform for Monumental Sports Network content. Priced at $180 per year and upgraded with state-of-the-art app features and integrated sports betting and gamification through the Monumental Game Center, following the loss of cable distribution on Hulu and YouTube TV in October 2025.
• Broadcast and Streaming Solutions for Sports Teams B2B broadcast and streaming solution for U.S. professional sports teams that combines MSE's in-house production capabilities and media platform with ViewLift's OTT technology and multi-platform digital streaming infrastructure. Targets teams seeking ownership and control of their broadcast and streaming rights.
• Lexus Vaults (Premium VVIP Experience) Ten bunker-style VVIP suites with private entry, exclusive amenities, and high-end hospitality at Capital One Arena, targeting corporate buyers as part of the $1.1 billion venue renovation.
• Theater Boxes (The Halo Premium Hospitality) 24 theater boxes with 96-guest capacity in 'The Halo' multi-level premium hospitality space at Capital One Arena, offered as multi-year leases with all-inclusive dining, beverages, and concierge service. Debuting ahead of the 2027-28 NBA and NHL seasons.
• Caesars Sportsbook in-Arena Lounge First in-arena sportsbook in the U.S., operated in partnership with Caesars Entertainment at Capital One Arena, featuring an expanded permanent location and a Guy Fieri culinary destination. Targets sports betting consumers attending live events.

Quantifiable outcome

• Capitals outperformed ESPN, FS1, and TNT in comparable time slots last season
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability5 records

Feature5 records

Partnerships

26 partnerships are on record, tiered major and core.

• INDYCARmajorStrategic or Co-development Partner · 3 February 2026Partnership to organize the Freedom 250 Grand Prix of Washington, D.C. scheduled for August 2026. First motor race on the National Mall celebrating America's 250th birthday. MSE serves as official marketing and sponsorship sales partner.
• TicketmastermajorTechnology or Integration · 3 February 2026Ticketmaster partnered for venue operations (District E Powered by Ticketmaster) and waived all ticketing fees for Legacy on Ice benefit event attendees.
• FanDuel Sports NetworkmajorChannel Partner/ Reseller/ Distributor · 10 December 2025Monumental Sports Network's Sports Business Journal: Inside the Industry show expanded through syndication on FanDuel Sports Network's 15 owned-and-operated local sports networks, reaching TV audiences in new markets.
• Verizon BusinesscoreTechnology or Integration · 13 November 2025Verizon Business completed a new 100G dedicated optical ring network connecting four MSE sites including Capital One Arena, MedStar Capitals Iceplex, MedStar Health Performance Center, and corporate headquarters. Enables remote production models and optimized broadcast workflows for 2025-26 NHL and NBA seasons.
• AudacymajorChannel Partner/ Reseller/ Distributor · 13 October 2025Multi-year partnership extension to expand broadcast and digital coverage of Washington D.C. sports teams including Wizards, Capitals, and Mystics. Features simulcasts, new programming, and increased accessibility across multiple platforms.
• KPMGcoreStrategic or Co-development Partner · 1 August 2025KPMG presented the 'Building Momentum' multi-platform content series chronicling Capital One Arena transformation, providing strategic visibility into the project.
• ViewLiftcoreTechnology or Integration · 9 July 2025Strategic alliance to create comprehensive broadcast and streaming solution for professional sports teams combining MSE's in-house production capabilities with ViewLift's OTT technology and multi-platform distribution. Extends collaboration that began when MSE bought back TV rights from NBCUniversal in 2022.
• Coach Across AmericamajorStrategic or Co-development Partner · 15 May 2025MSE partnered with Coach Across America's She Changes the Game initiative to support female coaches in D.C. Committed nearly half a million dollars to develop coaching pipeline with at least 40 women coaches over four years.
• BetMGMmajorStrategic or Co-development Partner · 3 February 2025BetMGM provides real-time betting odds for Monumental Game Center feature on Monumental+ streaming app, first local media rights holder to offer interactive sports betting outside Las Vegas and first of its kind across the NBA.
• Play AnywheremajorTechnology or Integration · 3 February 2025Play Anywhere provides gamification features integrated into Monumental Game Center for Capitals and Wizards game streams with in-game betting prompts and trivia questions.
• LegendscoreImplementation/ SI/ Consulting Partner · 14 January 2025Legends serves as premium sales partner for Capital One Arena renovation, providing sales expertise for premium seating and hospitality experiences.
• KLUTCH Sports GroupmajorImplementation/ SI/ Consulting Partner · 14 January 2025KLUTCH Sports Group provides commercial partnership strategy as part of the arena transformation project agency partnerships.
• United Talent AgencymajorImplementation/ SI/ Consulting Partner · 14 January 2025United Talent Agency provides commercial partnership strategy as part of the arena transformation project agency partnerships.
• Elevate CreativemajorImplementation/ SI/ Consulting Partner · 14 January 2025Elevate Creative provides branding and sponsorship integration services for Capital One Arena renovation.
• Clark ConstructioncoreImplementation/ SI/ Consulting Partner · 14 January 2025Clark Construction serves as construction partner for Capital One Arena transformation project.
• GenslercoreImplementation/ SI/ Consulting Partner · 14 January 2025Gensler serves as architecture partner for Capital One Arena transformation project.
• CAA ICONcoreImplementation/ SI/ Consulting Partner · 14 January 2025CAA ICON serves as venue development partner for Capital One Arena transformation project.
• KPMGcoreImplementation/ SI/ Consulting Partner · 24 September 2024KPMG positioned as Official Consulting & Advisory Partner to support venue transformation and business growth, multi-year collaboration to modernize fan experience and expand business operations using innovative technology. KPMG also presenting sponsor of 'Building Momentum' content series.
• Caesars EntertainmentmajorStrategic or Co-development PartnerCaesars Sportsbook partnership including in-arena sportsbook lounge, first ever in-arena sportsbook in the US opened in 2020. Expanded permanent location with Guy Fieri culinary destination.
• SportRadarmajorTechnology or IntegrationSportRadar provides machine learning enhanced in-game digital offerings including live scoring and real-time betting odds tracking.
• MedStar HealthcoreStrategic or Co-development PartnerCutting-edge health and wellness partnership providing next-generation healthcare to athletes. Naming rights for MedStar Capitals Iceplex and MedStar Health Performance Center for Wizards, Mystics, and Go-Go.
• DC Central KitchenmajorStrategic or Co-development PartnerMSE contributed over $1.3 million since 2018 to support DC Central Kitchen's programs. Zach Leonsis serves on the board of directors. Partnership includes social enterprise cafes near Capital One Arena, culinary job training support, and monthly volunteer days.
• Leveling the Playing FieldmajorStrategic or Co-development PartnerPartner for youth sports equipment distribution including sports bra distribution for DCPS students.
• DXC TechnologymajorGTM or Marketing PartnerDXC Technology presenting sponsor of Sports Business Journal: Inside the Industry show produced in partnership with MSE.
• Capital OnecoreGTM or Marketing PartnerCapital One holds naming rights for Capital One Arena, the 20,000-seat venue at the heart of downtown Washington D.C.'s $9.2 billion redevelopment.
• GEICOcoreGTM or Marketing PartnerGEICO holds Wizards jersey patch sponsorship, one of the prominent branding partnerships in the NBA.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Comcast Spectacor: Owns the Philadelphia Flyers (NHL), owns/operates Wells Fargo Center, and runs Spectra venue management. Comparable to MSE as an integrated team owner and venue operator with corporate parent backing (Comcast).
• Kroenke Sports & Entertainment: Stan Kroenke's multi-team, multi-venue ownership platform spanning the LA Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal. Closely comparable to MSE as a privately held, vertically integrated U.S. sports holding company with venues and media assets.
• Madison Square Garden Sports Corp. Publicly traded spin-off owning the New York Knicks (NBA) and New York Rangers (NHL), plus MSG Networks. Directly comparable to MSE as a multi-team owner in NBA and NHL with owned regional media, though operating in the larger NYC market.
• Vinik Sports Group: Jeff Vinik's platform owning the Tampa Bay Lightning (NHL) and operating AMALIE Arena. Comparable to MSE as a single-anchor-team owner with venue operations and local real estate development, though narrower in league coverage than MSE.
• Harris Blitzer Sports & Entertainment: Josh Harris and David Blitzer's sports platform holding stakes in the Philadelphia 76ers (NBA), New Jersey Devils (NHL), and related real estate and investments. Comparable to MSE as a multi-team, multi-league integrated sports owner with institutional capital partners.
• BSE Global: Joe Tsai's vehicle owning the Brooklyn Nets (NBA), New York Liberty (WNBA), and operating Barclays Center. Directly comparable to MSE given shared NBA/WNBA team ownership and on-site arena operations in a major metro.
• Fenway Sports Group: Owns the Boston Red Sox (MLB), Liverpool FC (Premier League), Pittsburgh Penguins (NHL), and NESN regional sports network. Comparable to MSE as a multi-team, multi-league owner with owned-and-operated regional media.
• AEG (Anschutz Entertainment Group): Privately held owner of the LA Galaxy, LA Kings minority, and operator of dozens of global arenas including Crypto.com Arena. Comparable to MSE as a major privately held team owner and large-scale venue operator with sponsorship and ticketing infrastructure.

Broad incumbents

• Liberty Media: Publicly traded holding company with interests in the Atlanta Braves (MLB), Formula 1, and SiriusXM. Comparable to MSE as a sports rights and team owner, though operating at much larger scale and with a broader non-sports portfolio.
• TKO Group Holdings: Publicly traded combat sports and entertainment company (UFC, WWE, PBR) under Endeavor. Comparable to MSE as a multi-property sports and entertainment operator with live event, media, and sponsorship monetization, though focused on combat sports rather than league team ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/verizoncenterpr
• Facebookfacebook.com/MonumentalSports
• LinkedInlinkedin.com/company/monumental-sports-&-entertainment
• Instagraminstagram.com/monumental_sports

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries15 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monumental Sports & Entertainment