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Monster Energy Demonstrates Ongoing Support for Veterans with $500,000 Contribution to Call of Duty Endowment

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Monster Energy has announced its sponsorship of the fifth annual Call of Duty Endowment (C.O.D.E.) Bowl, contributing $500,000 to support veteran employment. The event, scheduled for August 28th, 2024, will feature military esports teams competing for the C.O.D.E. Bowl trophy. Monster Energy will also present a 'Monster Energy MVP' award to an outstanding player.

The Call of Duty Endowment, celebrating its 15th year, has placed over 125,000 veterans in jobs since 2009, with an average starting salary of $70,000. Last year's contribution from Monster Energy resulted in 809 veterans finding high-quality jobs, creating a $57 million economic impact in first-year salaries.

The event will be livestreamed on YouTube and Twitch, preceding the release of Call of Duty: Black Ops 6 on October 25th, 2024.

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Positive

  • Monster Energy's $500,000 contribution to support veteran employment
  • Partnership with Call of Duty Endowment, which has placed 125,000+ veterans in jobs since 2009
  • Average starting salary of $70,000 for veterans placed by the Endowment, twice the national average
  • Last year's contribution resulted in 809 veterans finding high-quality jobs
  • $57 million economic impact from first-year salaries of placed veterans

Negative

  • None.

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+1.35% News Effect

On the day this news was published, MNST gained 1.35%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Monster and Call of Duty Endowment partnership is highlighted in a thrilling live gaming event

CORONA, CA / ACCESSWIRE / August 23, 2024 / Monster Energy is proud to announce its sponsorship of the fifth annual Call of Duty Endowment (C.O.D.E.) Bowl presented by USAA. This prestigious event, organized by the Call of Duty Endowment, a non-profit dedicated to helping veterans find rewarding careers after their service, will showcase competitive gaming while raising awareness and funds for veteran employment.

"We are honored to have the opportunity to be part of such a meaningful and impactful event for another year," said Dan McHugh, CMO of Monster Energy. "Monster is proud to contribute $500,000 in support of this cause. This partnership underscores our dedication to assisting veterans in their transition to the workforce."

This year, the Call of Duty Endowment is celebrating fifteen years of Endowment impact, and the 125,000+ veterans who they've placed in jobs across all major industries since 2009. The average starting salary of these veterans placed by the Endowment's partners is $70,000, two times the national starting average salary. Last year at C.O.D.E. Bowl IV, Monster Energy's contribution resulted in 809 veterans receiving high-quality jobs, creating an economic impact of over $57 million in first-year salaries.

C.O.D.E. Bowl V, scheduled for August 28th, 2024, will feature prominent military esports teams from the United States, United Kingdom, and Canada going head-to-head for the coveted C.O.D.E. Bowl trophy. This year, in addition to the C.O.D.E. Bowl trophy, Monster Energy will be recognizing one outstanding player who has demonstrated a relentless pursuit of victory, and who Unleashed the Beast in the competition, with the "Monster Energy MVP" award.

Monster's involvement in C.O.D.E. Bowl V, presented by USAA, along with its partnership with the Call of Duty Endowment underscores the company's commitment to creative positive change in the community. By aligning with the Call of Duty franchise and its devoted fanbase, Monster Energy continues to champion core values of competition, camaraderie, and veteran support.

Fans can watch the tournament unfold live on August 28th on YouTube and Twitch following the Call of Duty: Next event. It comes just weeks before the fall premier of Call of Duty: Black Ops 6, which will make its debut on October 25th, 2024.

For more information about Monster Energy, visit www.monsterenergy.com and follow Monster Energy on Twitch, YouTube, Facebook, Instagram and Twitter.

© 2024 Activision Publishing, Inc. ACTIVISION, CALL OF DUTY, and CALL OF DUTY BLACK OPS are trademarks of Activision Publishing, Inc. All other trademarks and trade names are the property of their respective owners.

ABOUT MONSTER ENERGY
Based in Corona, California, Monster Energy is the leading marketer of energy drinks and alternative beverages. Refusing to acknowledge the tradition, Monster Energy supports the scene and sport. Whether motocross, off-road, NASCAR, MMA, BMX, surf, snowboard, ski, skateboard, or the rock and roll lifestyle, Monster Energy is a brand that believes in authenticity and the core of what its sports, athletes and musicians represent. More than a drink, it's the way of life lived by athletes, bands, believers and fans. See more about Monster Energy, including all of its drinks, at www.monsterenergy.com.

CONTACT: press@monsterenergy.com


Courtesy Monster Energy

View additional multimedia and more ESG storytelling from Monster Energy on 3blmedia.com.

Contact Info:
Spokesperson: Monster Energy
Website: https://www.3blmedia.com/profiles/monster-energy
Email: info@3blmedia.com

SOURCE: Monster Energy



View the original press release on accesswire.com

FAQ

When is the Call of Duty Endowment (C.O.D.E.) Bowl V taking place?

The Call of Duty Endowment (C.O.D.E.) Bowl V is scheduled for August 28th, 2024.

How much did Monster Energy (MNST) contribute to the Call of Duty Endowment?

Monster Energy (MNST) contributed $500,000 to support the Call of Duty Endowment and veteran employment.

What is the average starting salary for veterans placed by the Call of Duty Endowment?

The average starting salary for veterans placed by the Call of Duty Endowment is $70,000, which is twice the national starting average salary.

How many veterans has the Call of Duty Endowment placed in jobs since 2009?

The Call of Duty Endowment has placed over 125,000 veterans in jobs across all major industries since 2009.

When will Call of Duty: Black Ops 6 be released?

Call of Duty: Black Ops 6 is scheduled to be released on October 25th, 2024.
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