Monumental Hires CFO From Warby Parker Amid Major Arena Project
Monumental Sports & Entertainment has hired veteran finance executive Steve Miller as its new executive vice president and chief financial officer. Miller arrives…
washington wizards
NBA Rookies Haven’t Exceeded Their Meager Expectations
Sometimes the NBA Rookie of the Year race features highly touted prospects like Victor Wembanyama and Chet Holmgren, or Luka Dončić and Trae Young. This season, it comes…
NBA’s Annual Mexico City Game Builds Case for Future Expansion
As the calendar moves away from the frantic sports equinox, the NBA stands to gain more attention for its early season action with its annual trip to Mexico. On…
Capital One Arena Renovation Proposed by DC, Monumental
Monumental Sports & Entertainment and Washington, D.C., Mayor Muriel Bowser announced that they will formally propose legislation to fund the renovation of Capital One…
Robinhood Inks Third NBA Jersey Patch Deal via Klutch Sports
For the third time since last October, financial service company Robinhood has announced it will put its logo on the jersey of an NBA team. On Tuesday, it added the…
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…
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…
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…
Sporticast: Billionaire’s DC Play, USWNT Wins at World Cup
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including billionaire Jeff…
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