Wednesday, August 9, 2017

Verizon Center officially has a new name — starting today

Goodbye, Verizon Center. Hello, Capital One Arena. Starting today, Capital One Financial Corp. (NYSE: COF), the McLean-based credit card and banking behemoth, will officially become the naming rights sponsor for the downtown D.C. arena, home to the Washington Wizards and Capitals. Monumental Sports & Entertainment, which owns the basketball and hockey teams along with the 20,000-seat venue, made the announcement Wednesday morning, saying the change would take effect immediately. Monumental declined…


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