The arena is home to the AFL's Washington Valor, NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics and the NCAA’s Georgetown Hoyas men’s basketball team.
Boasting an average of 220 events per year, Verizon Center is the heart of an $8.8 billion redevelopment that began 18 years ago when the arena was built and opened on Dec. 2, 1997. Since then the privately financed arena has hosted 44.5 million people and more than 3,697 events.
The surrounding neighborhood throughout the years has been rejuvenated by a plethora of restaurants, condominiums and businesses, making the Seventh Street corridor an entertainment destination.
In June 2010,
Ted Leonsis became the majority owner of Verizon Center and formed Monumental Sports & Entertainment (MSE). MSE includes ownership of the AFL's Washington Valor, NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics. The company owns and operates Verizon Center, which is annually ranked as one of the top ranked venues in the world by industry publications
Venues Today. Monumental Sports & Entertainment also manages Kettler Capitals Iceplex, the training facility for the Washington Capitals, and
EagleBank Arena at George Mason University. The District of Columbia and Events DC are building a new sports and entertainment facility in Southeast DC on the St. Elizabeth's East campus. The facility will feature a state-of-the-art training facility for the Washington Wizards and Washington Mystics and will also include a 5,000-seat arena, which will become the new home of the Washington Mystics. The facility is scheduled to open in the fall of 2018. Monumental Sports & Entertainment also owns and operates
Monumental Sports Network, a digital platform that covers the region’s sports and entertainment news. Relaunched in 2016, the digital platform extended its coverage capabilities to mobile and OTT streaming devices on Android, iOS, Google Chromecast, Amazon Fire and Roku.
As an arena in the heart of downtown Washington, D.C., Verizon Center has hosted a multitude of high-profile events in its history, ranging from the 1998 Stanley Cup Final to the NBA (2001) and WNBA (2002, 2007) All-Star games to the 2003 World Figure Skating Championship, the ACC Tournament (2005, 2016), the first and second rounds of the NCAA Division I men’s basketball tournament (1998, 2002, 2008) as well as the second and third rounds (2011), the East Regional Round (2006, 2013) and the 2009 NCAA Frozen Four men’s hockey championship. In 2017 the arena will host the Big Ten Tournament for the first time and in 2018 the A10 Tournament for the first time.
Entertainment at the arena would not be complete without concerts and family shows ranging from all-time greats to current-day chart-topping artists. In the 18-year history of the arena some of the artists who have roamed the halls and mastered the stage at Verizon Center include: U2, Justin Timberlake, The Three Tenors, Barbra Streisand, Bon Jovi, Prince, Tim McGraw & Faith Hill, Beyonce, the Dalai Lama, Keith Urban, Jeff Dunham, Christina Aguilera, Disney on Ice and WWE.
In terms of history, only two events have taken place each of the past 18 years at Verizon Center, as well as each of the past 40+ years dating back to the old Capital Centre arena making them the longest tenured events between both buildings: the Harlem Globetrotters (1973) and the Washington International Horse Show (1975).
Located within the arena are 106 luxury suites, a high-definition center-hung scoreboard, an indoor basketball practice facility and 9 dressing rooms. The arena offers a variety of concession stands and restaurants with menu choices ranging from pizza at Papa John’s to donuts at Dunkin Donuts. Additional arena fare includes hot dogs, crab cakes, chicken fingers and deli sandwiches. Vegetarian, vegan and gluten-free options are also available.
Other amenities in the arena include the private Owner’s Club, the private
Acela Club Restaurant for club members,
Maryland Live! Casino Players Club, Budweiser Brew House, Monumental Lounge, The Greene Turtle Sports Bar & Grille, Team Store and VIDA Fitness and Bang Salon.