On Tuesday, news surfaced that Capital One registered more than 50 domain names (such as CapitalOneCenterDC.com and Capital1ArenaDC.com), suggesting the bank would be taking over the naming rights of Verizon Center next year.

Wednesday afternoon, 106.7 The Fan contributor Thom Loverro confirmed the news that Leonsis and Capital One have struck a deal.

Capital One will be the new naming rights sponsor for Verizon Center, @thomloverro confirms. pic.twitter.com/U5VDC58Dt2 — 106.7 The Fan (@1067theFan) August 2, 2017

The name of the arena is still unknown, but it seems likely, after taking a closer look at the registered domain names, that it will be either the Capital One Center or Capital One Arena.

Via Domain News Wire:

cap1-arena.com

cap1-center.com

cap1arena.com

cap1arenadc.com

cap1arenaevents.com

cap1arenatickets.com

cap1center.com

cap1centerdc.com

cap1centerevents.com

cap1centertickets.com

cap1dcarena.com

cap1dccenter.com

cap1events.com

cap1tickets.com

capital1-arena.com

capital1-center.com

capital1arena.com

capital1arenadc.com

capital1arenaevents.com

capital1arenatickets.com

capital1center.com

capital1centerdc.com

capital1centerevents.com

capital1centertickets.com

capital1dcarena.com

capital1dccenter.com

capital1events.com

capital1tickets.com

capitalone-arena.com

capitalone-center.com

capitalonearenadc.com

capitalonearenaevents.com

capitalonearenatickets.com

capitalonecenterdc.com

capitalonecenterevents.com

capitalonecentertickets.com

capitalonedcarena.com

capitalonedccenter.com

capitaloneevents.com

capitalonetickets.com

capone-arena.com

capone-center.com

caponearena.com

caponearenadc.com

caponearenaevents.com

caponearenatickets.com

caponecenter.com

caponecenterdc.com

caponecenterevents.com

caponecentertickets.com

caponedcarena.com

caponedccenter.com

caponeevents.com

caponetickets.com

Capital One also recently earned approval to build a huge new shopping and events area in Tyson’s Corner. Via the Fairfax County government website, the project is currently being referred to as Capital One Center.

The 125,000 square-foot Capital One Center is a key amenity specifically called out in the plan to remake Tysons into Fairfax County’s urban downtown. The mixed-use facility will be developed primarily to support the bank’s trainings/meetings, and it includes a 1,500-seat auditorium, 225-seat black box theater and two classrooms, which will offer a state-of-the-art main hall with orchestra pit, a fly system, dressing rooms and lighting, sound and rigging systems. It will be capable of hosting everything from Capital One’s corporate events to publicly-accessible performing arts events, such as symphonies, local arts exhibits and school graduations.

The Capitals’ home arena was originally known as the MCI Center when it opened in 1997. It was renamed Verizon Center in 2006 after Verizon acquired MCI.

Leonsis discussed why the naming rights negotiation will be a big deal on a Forbes podcast last month. “The city has blossomed,” Leonsis said. “The media reach for the teams, and we now own six teams, and DC has become one of the great vibrant communities.”

Capital One Founder and CEO Richard Fairbank is a partner in Monumental Sports and Entertainment, which owns the Capitals, Verizon Center, and several other pieces of the DC sports market. Capital One has been an official sponsor of the teams that play in Verizon Center in the past, with its logo featured on the ice at Capitals games and on giveaways such as bobbleheads and rally towels.

Guess we might see something like this in a year or so… #caps #NHL pic.twitter.com/WweF2vuZNu — Frozen Faceoff (@FrozenFaceoff) August 2, 2017

Headline photo: Monumental Network