One Year Ago, Qatar Broke Into U.S. Team Sports. No One Followed
One year ago this week, Sportico reported that the Qatar Investment Authority (QIA) was investing in the Washington Wizards and Washington Capitals, becoming the first…
Monumental Sports & Entertainment
Capitals to Purchase, Privatize Popular NHL Salary Site CapFriendly
The Washington Capitals have reached an agreement to purchase the hockey website CapFriendly, a popular destination for NHL executives, fans and media looking to track…
Wizards, Capitals to Stay in DC as Virginia Move Falls Apart
Monumental Sports & Entertainment owner Ted Leonsis and Washington, D.C., mayor Muriel Bowser are reportedly finalizing a deal where the NHL’s Washington Capitals and…
D.C. Attorney General Warns Caps, Wizards Against Virginia Move
Brian Schwalb, the Washington, D.C., attorney general who has litigated against the Washington Commanders over season ticket policies, is now warning Monumental…
Exclusive
Laurene Powell Jobs Selling 10% Stake in Wizards, Capitals Parent
Billionaire Laurene Powell Jobs is looking to sell a chunk of her stake in Monumental Sports & Entertainment, the parent of the NBA’s Wizards and NHL’s Capitals…
Washington Wizards, Capitals Plan New Arena in Virginia for 2028
Ted Leonis, who owns the Washington Wizards and Capitals through Monumental Sports & Entertainment, announced plans today for a new entertainment district outside D.C…
Klutch Sports Carves Out Niche in Jersey Patch Sponsorships
When the Washington Wizards tip off their season Wednesday on the road against the Indiana Pacers, Wizards fans will see a new addition to the team’s jerseys this year…
NBA’s Wizards Seal Jersey Patch Deal With Trading Platform Robinhood
The Washington Wizards have signed a three-year agreement with stock trading platform Robinhood to be the franchise’s official brokerage and jersey patch partner on home…
Opinion
Monumental Sports Network Ushers in New Era in Local Broadcasting
Today’s guest columnist is Zach Leonsis, president, media & new enterprises, Monumental Sports & Entertainment. One year ago, Monumental Sports & Entertainment…
Sporticast: Ryan Reynolds Turns Media Savvy to F1, Qataris Buy Into NBA, NHL
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a major F1…
Monumental’s Deal With Qatari Sovereign Wealth: Five Takeaways
Over the past three years, major U.S. sports leagues have warmed to the idea of accepting institutional money. Those efforts passed a notable milestone last week when…
How Qatari Fund’s Monumental Stake Differs From PIF-PGA Tour Pairing
The Qatari Investment Authority has bought a minority stake in Monumental Sports & Entertainment, the parent of the NBA’s Washington Wizards and NHL’s Washington…
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