Washington Capitals

JBG SMITH Releases Statement on Potomac Yard Entertainment District Proposal

Retrieved on: 
Wednesday, March 27, 2024
Commercial Building & Real Estate, Construction & Property, General Sports, Sports, Entertainment, Urban Planning, Other Entertainment, General Entertainment, Other Construction & Property, JBG, Growth, The Washington Post, Municipal council, Trust, Senate, SMITH, City, Economic development, Washington Capitals, Politics, Transport, Commonwealth, Monumental, Housing, Investment, Tysons, Virginia, Washington Wizards, Virginia Senate, MEI, Metro

JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.

Key Points: 
  • JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.
  • In December, we announced plans to develop an entertainment district in Potomac Yard, anchored by the Washington Capitals, Washington Wizards and the Monumental Sports & Entertainment corporate headquarters.
  • Today it was announced that discussions between Monumental, Alexandria and the Commonwealth of Virginia have been terminated.
  • This was a once-in-a-generation opportunity to build a world-class arena and entertainment district at Potomac Yard and to realize the vision of that community as a dense, mixed-use neighborhood.

Monumental Sports partners with Synamedia to power its newly launched sports network

Retrieved on: 
Thursday, February 29, 2024
Ted Leonsis, NBC Sports Washington, NBA, NHL, DirecTV, Cox, Comcast, Growth, Washington Mystics, PowerVu, NBC Sports, Sport, Hulu, Universal, NBC, RCN, Verizon Communications, Ecosystem, HEVC, Washington Wizards, IP, WNBA, YouTube TV, Washington Capitals, Mediacom, Athlete, FuboTV, Mathematical optimization

They needed technology that could be integrated quickly and accurately into their media distribution platform, supporting their ambitious network launch plans.

Key Points: 
  • They needed technology that could be integrated quickly and accurately into their media distribution platform, supporting their ambitious network launch plans.
  • This technology is ideal for network expansions – like the one Monumental Sports Network is undergoing – due to its flexibility and compatibility.
  • "We initially chose Synamedia for its proven solutions and established leadership in the market," said Charlie Myers, Chief Technology Officer at Monumental Sports.
  • We are looking forward to exploring how both our new network and relationship with Synamedia will continue to evolve."

Citizens Against Government Waste Names Gov. Glenn Youngkin January 2024 Porker of the Month

Retrieved on: 
Monday, January 22, 2024
Sports, General Sports, Hockey, White House, Federal Government, State, Local, Public Policy, Other Policy Issues, Advocacy Group Opinion, Labor, Elections, Campaigns, Congressional News, Views, Basketball, Government, Metro, Fraud, CAGW, Citizens Against Government Waste, Washington Capitals, Capital, Month

Today, Citizens Against Government Waste (CAGW) named Virginia Governor Glenn Youngkin (R) its January 2024 Porker of the Month for agreeing to spend hundreds of millions of taxpayer dollars on a new mega sports complex.

Key Points: 
  • Today, Citizens Against Government Waste (CAGW) named Virginia Governor Glenn Youngkin (R) its January 2024 Porker of the Month for agreeing to spend hundreds of millions of taxpayer dollars on a new mega sports complex.
  • Youngkin joined Washington Capitals and Wizards owner Ted Leonsis in a press conference to announce that both teams will be moving to Alexandria, Virginia.
  • This plan will force Virginia and Alexandria taxpayers to spend $300 million for the new arena and improvements surrounding the facility.
  • Youngkin was an easy choice for this month’s Porker.”
    Citizens Against Government Waste is a nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

Monumental Sports to Partner with Virginia and Regional Leaders on a Proposed Business Expansion to Alexandria

Retrieved on: 
Wednesday, December 13, 2023
Capital One Arena, Ward, Entertainment, NBA, Creativity, City, Ted Leonsis, Sport, DMV, Potomac Yard, Investment, Capital City, 2023 Washington Mystics season, NBA G League, History, JBG, Washington Capitals, George Mason University, EagleBank Arena, Eighth Ward, Washington Mystics, Partnership, Growth, Family, Monumental, NHL, Commonwealth, Restaurant, Tourism, D.C, Washington Wizards, Wizard

WASHINGTON, Dec. 13, 2023 /PRNewswire/ -- Today, Monumental Sports & Entertainment's Founder, Chairman, Principal Partner, and CEO, Ted Leonsis, announced the company has reached a framework of an agreement for a public-private partnership to create a world-class Entertainment District in Alexandria at Potomac Yard, pending legislative approval and completion of definitive documents. This would relocate the NHL's Washington Capitals and the NBA's Washington Wizards' home arena to Virginia beginning in 2028, should the proposal become finalized. 

Key Points: 
  • This would relocate the NHL's Washington Capitals and the NBA's Washington Wizards' home arena to Virginia beginning in 2028, should the proposal become finalized.
  • This world-class Entertainment District is expected to serve as a catalyst to create exceptional experiences, uniting and fostering economic growth throughout the D.C., Maryland, and Virginia region.
  • Monumental envisions Capital One Arena as maintaining its position as a vital and vibrant point of connection in downtown D.C.
  • We believe this expansion would enable us to uphold our commitment to building an exceptional experience for our fans, employees, and partners."

DailyPay Extends Partnership With Oak View Group to 125 Venues Nationwide for Landmark Deal Including NBA and NHL Arenas

Retrieved on: 
Wednesday, November 8, 2023
Washington Wizards, Nashville Predators, St. Louis Fed Financial Stress Index, Toyota Center, Sport, Xcel Energy Center, NBA, Heart, Workforce, UBS Arena, Nashville, Tennessee, Research, News, Oak View Group, Minnesota Wild, OVG, LIVE, American Airlines Center, Partnership, Houston Rockets, Spectrum Center, Washington Capitals, NHL, Month, Management, DailyPay, Bridgestone Arena

DENVER, Nov. 8, 2023 /PRNewswire/ -- Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries, and DailyPay, a leading financial technology company, today announced it has expanded the rollout of a first-of-its-kind OVG integration into venues across the U.S. The partnership will reach seven NBA and NHL sports teams and 125 venues across the country, and will bring DailyPay financial wellness benefits to all Oak View Group employees company-wide. The expansion comes following the regional-level launches of the program in select markets including UBS Arena at Belmont Park, NY, home of the NHL's New York Islanders; Xcel Energy Center, and the NHL's Minnesota Wild; and Toyota Center, and the NBA's Houston Rockets.

Key Points: 
  • The partnership will reach seven NBA and NHL sports teams and 125 venues across the country, and will bring DailyPay financial wellness benefits to all Oak View Group employees company-wide.
  • OVG employees will also benefit from the platform's robust financial wellness tools, which include budgeting and savings features.
  • OVG, known for its exceptional management of world-class venues, including arenas, stadiums, and convention centers, is dedicated to enhancing the employee experience across its diverse portfolio.
  • In total, the partnership will reach approximately 65M+ fans in major venues across the U.S.

Burke & Herbert Bank Launches Goals for Good

Retrieved on: 
Friday, October 13, 2023
Partnership, Washington Capitals, Father, Empowerment, Organization, Capital city, NBC, Mentorship, Connect, National Hockey League, Burke, Bank, NHL, Management, Somatosensory system, Washington metropolitan area

ALEXANDRIA, Va., Oct. 13, 2023 /PRNewswire/ -- Burke & Herbert Bank will donate $100 to the Capital Youth Empowerment Program (CYEP) for each goal scored by the Washington Capitals during the 2023-2024 National Hockey League (NHL) regular season. This campaign is in partnership with Monumental Sports, broadcasters of the hometown Capitals.

Key Points: 
  • As a local bank, we know the important role community involvement such as this plays in future success, financial and otherwise."
  • "We're excited to be selected as the Burke & Herbert Bank 'Goals for Good' donation recipient," said Erick King, Capital Youth Empowerment Program (CYEP) Executive Director.
  • is the $3.6 billion financial holding company for Burke & Herbert Bank & Trust Company.
  • Burke & Herbert Bank & Trust Company is the oldest continuously operating bank under its original name headquartered in the greater Washington DC Metro area.

Monumental Sports Network Launches Direct-to-Consumer Subscription Memberships Featuring Live Washington Capitals, Wizards, and Mystics Games

Retrieved on: 
Tuesday, October 10, 2023
Washington Wizards, WNBA, Apple TV, Sport, Android, Cairns Taipans, Wizard, Season, Washington Mystics, NBA, Amazon Fire TV, IOS, Pay television, Linearity, DTC, National Basketball League, NHL, Broadcasting, Washington Capitals, Roku

WASHINGTON, Oct. 10, 2023 /PRNewswire/ -- Today, Monumental Sports Network unveiled direct-to-consumer (DTC) subscription memberships for local fans without a Pay TV subscription seeking to access Monumental Sports Network's live and on-demand programming. These new DTC memberships include in-market access to live games for the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics, amongst other live games, original programs, and tangible membership perks. Current viewers who access the network's channel through a Pay TV provider will continue to be able to watch Monumental Sports Network the same way as before, as well as via Monumental Sports Network's newly launched digital platform with no additional fees.

Key Points: 
  • Local fans without a Pay TV subscription can now subscribe directly to Monumental Sports Network to access the network's in-market live 24/7 linear feed, as well as live games and other membership perks.
  • WASHINGTON, Oct. 10, 2023 /PRNewswire/ -- Today, Monumental Sports Network unveiled direct-to-consumer (DTC) subscription memberships for local fans without a Pay TV subscription seeking to access Monumental Sports Network's live and on-demand programming.
  • These new DTC memberships include in-market access to live games for the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics, amongst other live games, original programs, and tangible membership perks.
  • "We are delighted to make our network more accessible to fans without a Pay TV subscription by launching direct-to-consumer memberships," said Zach Leonsis, President of Media & New Enterprises at Monumental Sports & Entertainment.

Monumental Sports Donates $1 million to MedStar Health's D.C. Safe Babies Safe Moms Program to Improve Infant and Maternal Health in the District

Retrieved on: 
Tuesday, September 26, 2023
Medical Affairs Bureau, Pregnancy, Food, Housing, Partnership, Obstetrics, Ted Leonsis, Vaccination, Social support, Pediatrics, Parent, COVID-19, Research, MedStar Georgetown University Hospital, Rehabilitation, Multimedia, MedSTAR, Community of Hope, MedStar Health, Mother, Capital One Arena, Community, Investment, Patient, Child, Gynaecology, Sport, MedStar Washington Hospital Center, Infant, Mortality, Washington Capitals, Transport, Health, Monumental, Birth control, Nursing, Hope, MD

WASHINGTON, Sept. 26, 2023 /PRNewswire/ -- Monumental Sports & Entertainment, owner of the Washington Capitals, Wizards, Mystics, Capital One Arena, and Monumental Sports Network, among other sports and entertainment investments, has reaffirmed its commitment to the well-being of Washington, D.C. residents by contributing $1 million to D.C. Safe Babies Safe Moms, a collaborative initiative with MedStar Health that aims to bolster maternal and infant health in the nation's capital.

Key Points: 
  • Safe Babies Safe Moms, a collaborative initiative with MedStar Health that aims to bolster maternal and infant health in the nation's capital.
  • Safe Babies Safe Moms is a groundbreaking partnership uniting MedStar Health , Community of Hope , and Mamatoto Village to address critical maternal and infant care disparities in Washington, D.C., which has among the highest rates of maternal and infant mortality in the nation.
  • Safe Babies Safe Moms program continues a years-long partnership with MedStar Health to improve the lives of people in the community through a $10 million, multi-year commitment.
  • For more information about MedStar Health's work to improve maternal and infant health in Washington, D.C., visit MedStarHealth.org/SafeBabiesSafeMoms .

MedStar Health Teams up with Miss District of Columbia 2023 and Gallaudet University to Produce CPR/AED Video in American Sign Language

Retrieved on: 
Wednesday, September 13, 2023
Heart, Learning, Partnership, Stephanie Williams (Miss District of Columbia), American Sign Language literature, Education, Life, Woman, Multimedia, MedSTAR, Cardiopulmonary resuscitation, MedStar Health, Gallaudet University, American Sign Language, Association football, Patient, AED, Physician, Hearing, Miss America, ASL, MedStar Washington Hospital Center, Sports medicine, CPR, Nursing, MD, Washington Capitals

WASHINGTON, Sept. 13, 2023 /PRNewswire/ -- Miss District of Columbia 2023, Jude Maboné, has joined the MedStar Health effort to educate the public about how to perform Cardiopulmonary Resuscitation (CPR) and use an Automated External Defibrillator (AED), this time with a video in American Sign Language (ASL) produced in partnership with Gallaudet University, the world's only liberal arts university for deaf, deafblind, and hard of hearing students.

Key Points: 
  • "My best friend growing up was deaf and I learned American Sign Language so I could communicate with her," said Maboné, who chose "Check Your Heart" as her community service initiative for the Miss District of Columbia competition and in the Miss America competition.
  • "I'm pleased to be able to address CPR and AED awareness, a subject so important to me, in the deaf and hard of hearing community."
  • Maboné, Dr. Hudson, and the Gallaudet University Athletics training staff took to the university's football field to shoot the video in mid-August.
  • Future plans include a pop-up demonstration event with Maboné and MedStar Health physicians at Gallaudet University and more CPR/AED education events around the District.

Vegas Golden Knights Partners With ViewLift To Stream Games Beginning This Season

Retrieved on: 
Monday, August 21, 2023
Golden Knights, Partnership, Apple TV, Vegas Golden Knights, Hockey, NHL, VGK, OTT, Android, EMC, IOS, Xbox, KMCC-TV, Sport, Order of the White Elephant, Vizio, Knight, Video game, Washington Capitals

LAS VEGAS and NEW YORK, Aug. 21, 2023 /PRNewswire/ -- Stanley Cup Champion Vegas Golden Knights and sports streaming powerhouse ViewLift today announced a multi-year partnership to stream all locally-broadcast Vegas Golden Knights games live on major devices, reaching NHL fans in Nevada and surrounding states in the team's territory.

Key Points: 
  • LAS VEGAS and NEW YORK, Aug. 21, 2023 /PRNewswire/ -- Stanley Cup Champion Vegas Golden Knights and sports streaming powerhouse ViewLift today announced a multi-year partnership to stream all locally-broadcast Vegas Golden Knights games live on major devices, reaching NHL fans in Nevada and surrounding states in the team's territory.
  • ViewLift will create Golden Knights-branded properties on the web, iOS and Android devices, Roku, Fire TV, Apple TV, Vizio and Xbox, featuring live games and companion content.
  • The Golden Knights will use ViewLift's end-to-end platform to simplify content streaming and deliver great fan experiences, with easier production workflows.
  • Evolution Media Capital (EMC) served as an advisor to the Golden Knights on the Scripps Sports and ViewLift distribution deals.