August 16, 2017
Washington Wizards' Verizon Center renamed Capital One Arena

Washington Wizards' Verizon Center renamed Capital One Arena

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The Verizon Center, home of the Washington Wizards and Capitals, is having its name changed to Capital One Arena, Monumental Sports and Entertainment announced on Wednesday.

The arena will be renamed immediately, with the full signage and branding shift expected to take place in the fall.

According to the YouTube video which announced the name change, a $40 million investment of upgrades will be made to coincide with the name change. The venue also hosts games for Georgetown basketball, the Washington Mystics and Arena Football League’s Washington Valor, as well as a plethora of concerts.