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MSE’s acquisition of NBC Sports Washington is subject to regulatory approval and other customary conditions. MSE’s broad media reach includes the social media channels of its sports teams and corporate properties – not only in English but also Japanese, Hebrew and Mandarin and coming soon in Spanish and Arabic – as well as native content web articles, video productions and streaming shows, radio broadcasts, podcasts, in-arena signage, and out-of-home video boards. It also launched a first-of-its kind regional sports streaming service for local and high school sports and exclusive Capitals, Wizards and Mystics content with Monumental Sports Network in 2016. Further, MSE was a first mover in the sports betting space, opening with Caesars Entertainment the first ever in-arena retail location in North America at Capital One Arena in 2020. In addition, MSE owns and operates Capital One Arena and manages the MedStar Capitals Iceplex (practice facility for the Capitals), MedStar Health Performance Center (practice facility for the Wizards, Mystics and Go-Go), and EagleBank Arena (live performance venue on the campus of George Mason University in Virginia).

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MSE’s platform encompasses five professional sports teams: the NHL’s Washington Capitals, the NBA’s Washington Wizards, the WNBA’s Washington Mystics, the NBA G League’s Capital City Go-Go and the NBA 2K League’s Wizards District Gaming. We look forward to continuing our work with them during the transition to support the network’s continued growth and success.” “Their leaders have been engaged and collaborative partners in NBC Sports Washington who, like us, value local sports media and are committed to serving fans now and investing in the future.

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“Monumental Sports & Entertainment’s interest in full ownership of the network is a unique opportunity,” said Bill Bridgen, President, NBC Sports Regional Networks. NBC Sports Regional Networks, part of NBCUniversal Local, operates a portfolio of six regional sports networks. We look forward to further enhancing and innovating on the already best-in-class experience that our fanbase enjoys of watching live sports, for years to come.”Īs part of the transaction, NBCUniversal will continue to assist in the operation of the network by providing corporate and shared services, including distribution, technical resources and production facilities, for up to 18 months. “Comcast NBCUniversal has built a strong regional sports network in NBC Sports Washington.

“We at Monumental Sports & Entertainment are incredibly excited to have reached an agreement to acquire NBC Sports Washington, an important business for our current and future core business operations,” said Zach Leonsis, President of Media & New Enterprises, Monumental Sports & Entertainment.