Monumental Sports & Entertainment Taps D.C.'s Own Vanda Pharmaceuticals as Founding Partner to Help Drive the Creation of Brand-New Downtown Arena
Rhea-AI Summary
Vanda Pharmaceuticals (Nasdaq: VNDA) signed a multi-year Founding Partner agreement with Monumental Sports & Entertainment on Oct 8, 2025 to become a marquee sponsor of the next-generation downtown arena and receive exclusive entitlement of the Vanda Pharmaceuticals Studio on Monumental Sports Network (MNMT).
The deal includes branding across the Washington Wizards, Capitals, and Mystics, integrated in-game and digital activations, visibility across the Capital One Arena transformation, and community programming. The studio opened in March 2024 and features 24 cameras and 1,200 sq ft of 4K LED displays. The arena welcomes about 3 million guests annually.
Positive
- Exclusive entitlement of the Vanda Pharmaceuticals Studio on MNMT
- Multi-year Founding Partner role for downtown Capital One Arena project
- Brand presence across Wizards, Capitals, and Mystics broadcasts
- Access to MNMT distribution via cable, streaming, and social platforms
- Visibility at a venue that hosts about 3 million guests annually
- Studio technology: 24 cameras and 1,200 sq ft of 4K LED displays
Negative
- None.
News Market Reaction – VNDA
On the day this news was published, VNDA gained 2.73%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Multiyear agreement includes exclusive Monumental Sports Network studio entitlement, activations across Capitals, Wizards, and Mystics, and deep integration via community and media platforms
For photos of the new Vanda Pharmaceuticals Studio and video announcing the partnership, please CLICK HERE.
After signing on as the "marquee" jersey patch partner for the WNBA's Washington Mystics earlier this year, Vanda becomes the second Founding Partner of Monumental's transformative Capital One Arena project, joining United Airlines in supporting this world-class sports and entertainment destination. The multi-year, integrated partnership with MSE includes brand alignment with the NBA's Washington Wizards, NHL's Washington Capitals, Mystics, and extensive reach across MNMT – the company's award-winning regional media platform, setting new standards for local sports coverage.
"This is a bold, future-facing partnership that reflects the shared ambition of Monumental and Vanda to tell bigger stories, reach wider audiences, and uplift the D.C. community," said Ted Leonsis, Founder, Chairman, Managing Partner, and CEO at MSE. "Vanda Pharmaceuticals is a hometown success story with a global footprint. As a Founding Partner and the entitlement sponsor of the Vanda Pharmaceuticals Studio, they will play a major role in shaping our media future, enhancing the fan experience, and powering this transformational development in downtown D.C."
As MSE continues to redefine the regional sports media experience, a cornerstone of this partnership is Vanda's exclusive entitlement of the Vanda Pharmaceuticals Studio, the broadcast epicenter of MNMT. Opened in March 2024, the studio sits within MNMT's two-story, SMPTE 2110-certified facility, representing one of the most advanced regional media environments in the country. It features two fully equipped studios — with the ability to merge into a single national telecast-caliber set on non-conflict nights — powered by 24 cameras, 1,200 square feet of 4K LED displays, and cutting-edge robotics.
As the named studio partner, Vanda will be prominently embedded in every layer of content produced by MNMT, from pre- and post-game shows to digital and longform storytelling. Distributed via cable, streaming, and social platforms across the DMV and beyond, MSE's media platform has rapidly grown into one of the most influential and innovative regional sports networks in the country, connecting with millions of fans each season.
"As Vanda Pharmaceuticals is a
In addition to its entitlement of the Vanda Pharmaceuticals Studio, Vanda will be featured across multiple MSE platforms including:
- Branding on-site and in broadcast across Capitals, Wizards, and Mystics games
- Integrated in-game features and content on MNMT
- Visibility across the Capital One Arena transformation and future arena assets
- Ongoing support of local programming that reflects both Vanda and MSE's shared values around innovative community impact
Vanda will have a prominent presence in the newly transformed Capital One Arena — an iconic sports and entertainment destination in the heart of the nation's capital that welcomes three million guests each year. Today's announcement comes as Phase One of construction nears completion in the next-generation arena. MSE is taking a 360-degree approach to reimagining the fan experience, with a focus on cutting-edge technology, immersive design, and community impact — creating a high-tech, high-touch venue built to inspire millions of annual visitors for the next 25 years.
About Monumental Sports & Entertainment
Monumental Sports & Entertainment is one of America's leading integrated sports and entertainment companies and is ranked as one of the most valuable globally. Our people, players, teams, and events bring excitement and joy to millions. We invest and innovate to consistently raise the game so we can deliver extraordinary experiences that will inspire and unite our community, our fans, and our people. To learn more, please visit monumentalsports.com.
About Vanda Pharmaceuticals, Inc.
Vanda is a leading global biopharmaceutical company focused on the development and commercialization of innovative therapies to address high unmet medical needs to improve the lives of patients. For more on Vanda Pharmaceuticals Inc., please visit www.vandapharma.com and follow them on X @vandapharma.
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SOURCE Monumental Sports & Entertainment
FAQ
What did Vanda Pharmaceuticals announce on Oct 8, 2025 regarding VNDA and Monumental Sports?
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