Capital One to Be New Washington Wizards’ Arena Naming Sponsor, According to Report

Washington Wizards fans love Verizon Center’s nickname, The Phone Booth. But it appears the name is coming close to an end. But with death comes life, as another popular nickname appears it will rise in its place.

Speculation was in the air Tuesday morning. Andrew Allemann of ran a piece titled Verizon Center in Washington DC likely to become Capital One Center. That hypothesis was derived from 55 domain names being registered, including:


So while the report came out of nowhere, there was ample evidence to lead one to think that the report had ground. On Wednesday, Washington Times sports columnist Thom Loverro confirmed the report on local DC radio channel 106.7 The Fan.

Capital One Center it is. Leonsis has spoken previously about him not receiving any Compensation from Verizon for the current sponsorship deal, as the money had already been paid to the Pollins’ before Leonsis bought the team in 2010.

The name Capital One Center will evoke memories in elder fans of the The Capital Centre, aka the Cap Centre, where the Bullets played from 1973 to 1997.

In addition to that name similarity, Capital One Center will of course suit Washington Capitols fans well as they come and rock the red.

The Wizards partnering with Capital One always made sense. They already do many in-game promotions with the company, it’s headquartered in McLean, and the founder is on the Wizards’ ownership group. Richard Fairbank is founder, chairman and chief executive officer of Capital One.

It’s still left to be seen who the Wizards select as a jersey sponsor, but Capital One could be on that short list as well. All I know is that I want my Wizards in some Capital One commercials