Monumental Sports & Entertainment Announces Multi-Year Extension with Lexus

Monumental Sports & Entertainment Announces Multi-Year Extension with Lexus

Lexus to Remain a Proud Partner of Capital One Arena

WASHINGTON, D.C.  – Aug. 29, 2018 – Monumental Sports & Entertainment announced today it has reached a multi-year extension with Lexus, which includes retaining the full naming rights of the suite level at Capital One Arena, home of the 2018 Stanley Cup Champion Washington Capitals and Washington Wizards, and the Lexus Parking Garage.

“Lexus is the epitome of craftsmanship, comfort and luxury and we are excited to continue our partnership,” said Patrick Duffy, Sr. Vice President, Global Partnerships at Monumental Sports & Entertainment. “In Lexus we have secured an innovative partner who will utilize a wide array of elements that touch multiple locations throughout Capital One Arena and beyond.”

“Our Washington DC area dealers are looking forward to continuing their partnership with Capital One Arena.” says Chad Deutsch, General Manager, Lexus Eastern Area. “It’s been such an exciting year for this area bringing home the Stanley Cup, we’re really looking forward to all the new memories and moments that will be created here.”

In addition to exclusive naming rights of the suite level and parking garage, Lexus will remain an official vehicle of Capital One Arena, which is currently undergoing a $40 million dollar renovation. Two car displays will provide fans with the opportunity to see the latest  Lexus vehicles up close and personal. Special reserved spots are also available for Lexus owners in the Lexus Parking Garage.

 

About Monumental Sports & Entertainment

Monumental Sports & Entertainment (MSE), located in Washington, D.C., is one of the largest integrated sports and entertainment companies in the country with one of the most diverse partnership groups in all of sports. MSE owns and operates seven professional sports teams: the AFL’s Baltimore Brigade and Washington Valor, NBA’s Washington Wizards, NBA G League’s Capital City Go-Go, NBA 2K League’s Wizards District Gaming, NHL’s Washington Capitals and the WNBA’s Washington Mystics. The company is also co-owner of aXiomatic, which has controlling interest in global esports franchise Team Liquid, and owns and operates Capital One Arena in Washington, D.C. Monumental Sports & Entertainment also manages MedStar Capitals Iceplex, the state-of-the-art training facility for the Capitals and EagleBank Arena on George Mason University’s campus. 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 4,200-seat arena which will become the new home of the Mystics and Go-Go. The facility is scheduled to open in the fall of 2018. Monumental Sports & Entertainment also co-owns and operates Monumental Sports Network (MSN) with the NBC Sports Group. MSN is the mid-Atlantic region’s top destination for exclusive fan experiences and original sports content across desktop, tablet, mobile and OTT streaming devices. Visit www.monumentalsports.com.

 

About Lexus

Lexus’ passion for brave design, imaginative technology, and exhilarating performance enables the luxury lifestyle brand to create amazing experiences for its customers. Lexus began its journey in 1989 with two luxury sedans and a commitment to pursue perfection. Since then, Lexus has developed its lineup to meet the needs of global luxury customers in more than 90 countries. In the United States, Lexus vehicles are sold through 241 dealers offering a full lineup of luxury vehicles. With six models incorporating Lexus Hybrid Drive, Lexus is the luxury hybrid leader. Lexus also offers six F SPORT models and two F performance models. Lexus is committed to being a visionary brand that anticipates the future for luxury customers.