Latest news with #MonumentalSports&Entertainment
Qatar Tribune
23-05-2025
- Business
- Qatar Tribune
QCB guv meets Monumental Sports & Entertainment founder
Qatar Central Bank Governor HE Sheikh Bandar bin Mohammed bin Saoud Al Thani met Ted Leonsis, founder, chairman and chief executive officer of Monumental Sports & Entertainment, on the sidelines of the Qatar Economic Forum 2025. During the meeting, they discussed the latest developments in global finance and investment, along with other related topics.
Yahoo
19-05-2025
- Business
- Yahoo
Three new luxury suites coming to DC's Capital One Arena to elevate guest experience
WASHINGTON () — Three new luxury suites are coming to the Capital One Arena to bring a new experience to sports lovers in Washington, D.C. Monumental Sports & Entertainment (MSE) announced Monday that the three world-class suites (Founder Suites, Signature Suites and Executive Suites) will debut at the arena ahead of the 2026-27 season. As part of the transformative three-year, $800 million investment, every suite at the Capital One Arena will be reimagined and rebuilt around modern design principles. Work begins on the $800 million renovation of Capital One Arena The private areas will provide exclusive access to the Capital One Arena's premier sports, music and cultural events. The new designs will also transform the premium entry experiences and feature four new VIP entrances, private elevators and escalators for suite holders. MSE noted that each suite will include a customized culinary experience curated by Aramark Sports + Entertainment and the arena's exclusive food and beverage partner. Jim Van Stone, President of Business Operations and Chief Commercial Officer at MSE, said they are reinventing what the premium experience looks like. 'Inspired by the luxury of the world's finest hotels, we are combining premier hospitality spaces with access to top sports and entertainment events. We are recreating the entire facility from the ground up, including a full transformation of every suite, to deliver VIP fan experiences that are unmatched in the region in terms of décor, culinary and beverage service, and hospitality,' said Stone. The three state-of-the-art suites will be designed by Gensler and reflect a blend of materials and aesthetics inspired by gathering places across the national capital region. 'Let's bring the Commanders home': Bowser, Washington Commanders announce nearly $3 billion RFK Stadium deal Officials said the result of the design will be 'locally rooted and timeless.' The suites can be used for business, entertainment and creating unforgettable memories. The venue will also serve as a dynamic conference center and business hub with more than 30 private art spaces. 'We're bringing a new level to Capital One Arena—rethinking everything from the overall ambiance to the smallest touchpoints, including the finishes, furnishings, and even the small-wares to elevate the guest experience and set a new standard of the hospitality expectations within this world-class venue,' said Andrew Jacobs, Design Director for Gensler. In October 2024, MSE unveiled the first of the five new suite types, the Vault Suites, and construction is set to begin ahead of the 2025-26 season. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Forbes
13-04-2025
- Business
- Forbes
Alex Ovechkin Aims To Add To Business Portfolio After Breaking NHL Goal-Scoring Record
Alex Ovechkin's chase to become hockey's all-time greatest goal-scorer may have ended last Sunday with career tally No. 895, but the effects for the Russian superstar's marketing and business portfolio will likely continue for the foreseeable future. 'The reality of it, the enormity of the historic moment, will probably take some time to sink in for everybody, not only myself, but him and his family, the Leonsis family, the Capitals organization and the league as a whole,' said David Abrutyn, who has served as Ovechkin's marketing agent for 17 seasons. 'The excitement and energy that you've seen around this chase as it neared its conclusion was reflective of the magnitude of the moment.' The financial impact of 'The GR8 Chase' — an official moniker developed and trademarked by Ovechkin and Abrutyn around the quest to break Wayne Gretzky's all-time goal mark of 894 — is worth several millions of dollars in additional revenue for the Capitals. That's according to an estimate provided by Jim Van Stone, president of business operations and chief commercial officer for Monumental Sports & Entertainment, to Sports Business Journal in March (Abrutyn declined to discuss with me the financial implications of The GR8 Chase for Ovechkin). In Oct. 2024, Forbes estimated that Ovechkin earned $5 million in off-ice monies, already making him one of the league's highest-paid players away from the ice rink. 'We're excited about the universe of opportunities that will be presented to him in all forms of marketing and partnerships, business ventures, licensing opportunities, and we'll evaluate those on a case-by-case basis,' Abrutyn said. 'To break a Wayne Gretzky record is even more meaningful because I don't think there's a sports fan in the world who doesn't know who Wayne Gretzky is. I think that is now true of Alex Ovechkin — that there aren't too many sports fans in the world who don't know he's now the all-time NHL leading goal-scorer.' Abrutyn, who is the global chief business officer for Creative Artists Agency Hockey, couldn't share specifics with me on potential new deals for Ovechkin or other prospective business opportunities. Still, the long-time sports business executive pointed to some of Ovechkin's current licensing and marketing partners who have already taken advantage of the milestone. Nike immediately recognized the 39-year-old Russian superstar on social media, while Upper Deck released a collection of GR8 Moments trading cards on its online platform. Fanatics unveiled special event merchandise and commemorative products to celebrate the milestone. Last Sunday, Ovechkin set the record for the most merchandise sales revenue by an NHLer in a single day across Fanatics' e-commerce network. A week ago, the Capitals also had a special Ovechkin-centric shop at Capital One Arena tied to The GR8 Chase. ESPN released a creative video on social media, produced by independent agency Arts & Letters Creative Co., after Ovechkin set the goal-scoring record. Meanwhile, Ovechkin's current portfolio includes the likes of the aforementioned Nike, Upper Deck and Fanatics, along with Papa John's and Venture Global, both of which are local to Washington, D.C., according to Abrutyn. There's also several licensing partners of The GR8 Chase, he said. Ovechkin's newly-announced partnership with the Capitals, V Foundation for Cancer Research and Hockey Fights Cancer, which raises awareness and money for pediatric cancer research, will continue throughout the rest of his NHL career. Most recently, the Capitals — together with startup collectibles company cllct — launched Capitals Authentics. The debut artifacts included the two nets from Ovechkin's record-tying and recording-setting goals. 'Alex has always been methodical with his approach to his business partners, and the same thing is going to be true here,' Abrutyn said. 'The aperture widens. Even though there was anticipation for it, there's a difference from could be, might be, to he now is. … What you need to do is methodically think about other global, iconic athletes who have had a lifetime and beyond of business ventures born out of being the all-time greatest in your sport. Alex is now in that position.'
CBS News
04-03-2025
- Entertainment
- CBS News
Figure skating event in Washington benefiting victims of the DC plane crash raises $1.2 million
Organizers of a figure skating benefit event in Washington, D.C. said they have already raised $1.2 million for victims of the plane crash over the Potomac River and first responders. Monumental Sports & Entertainment on Monday said the Legacy on Ice tribute show Sunday in the nation's capital drew a sellout crowd of over 15,000 and more money is expected to come in over the next several weeks. After it was broadcast locally on Monumental Sports Network and streamed live on Peacock, NBC is set to air an encore performance on March 30. "We continue to be in awe of and grateful to this community, whose compassion and support was out in full force for the 'Legacy on Ice' event," Monumental chairman Ted Leonsis said in a statement. "Against the backdrop of this massive tragedy, this region has provided a light in showcasing its generosity and empathy for the victims, their families, and the heroic first responders, and I encourage people to continue to donate if they can." The show featured performances from the likes of Johnny Weir, reigning world men's champion Ilia Malinin and back-to-back U.S. women's champion Amber Glenn, as well as poignant tributes to the 67 people who died when an Army helicopter collided with an American Airlines flight and crashed into the Potomac River just outside of Ronald Reagan Washington National Airport on Jan. 29. That included 28 members of the figure skating community. "Being here in this region and knowing everyone on that flight in our community, it was a very traumatic experience for me and really just devastating for me to hear when all that happened," said Malinin, a Northern Virginia native who knew several of the skaters who were on the flight and was responsible for the idea that led to the event. "I really wanted to have something that everyone could remember as a family, as a whole community that we remember them and they will be forever remembered." The poignant, two-plus-hour event was full of raw emotion, like 13-year-old Isabella Aparicio skating in memory of her brother, Franco, and father, Luciano, who were on the flight and weeping on her knees at the conclusion of her appearance. Maxim Naumov, who lost his parents in the crash, performed in their honor and wiped away tears as he left the ice, holding up an electric candle as applause rained down. "It really put me to tears and it put a lot of us to tears," Malinin said. "I was really just proud of him for being able to kind of wrap his mind around this and really just get on that ice and perform with everything he's got." The event was put together a week after the crash, and the star-studded cast of some of U.S. figure skating's best of the past and present included Olympic champions Scott Hamilton, Brian Boitano, Kristi Yamaguchi and Nathan Chen. Monumental said nearly 500 first responders and approximately 150 family members of victims were in attendance. The money raised is set to be split among the 67 families affected, first responders and U.S. Figure Skating. "We want to raise a lot of money and make sure that a third goes to the skaters community, a third goes to the first responders and a third goes to the families," Leonsis told The Associated Press on Sunday. "People care. The lesson in this is that, to me, if you personalize something like this, you can come together and do the right things in the right way. I'm proud of what we've done."
Washington Post
03-03-2025
- Sport
- Washington Post
Figure skating event in Washington benefiting victims of the DC plane crash raises $1.2 million
WASHINGTON — Organizers of a figure skating benefit event in Washington said they have already raised $1.2 million for victims of the D.C. plane crash and first responders. Monumental Sports & Entertainment on Monday said the Legacy on Ice tribute show Sunday in the nation's capital drew a sellout crowd of over 15,000 and more money is expected to come in over the next several weeks. After it was broadcast locally on Monumental Sports Network and streamed live on Peacock, NBC is set to air an encore performance on March 30.
