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Washington Patches bag Robinhood as jersey patch partner

June 10, 2024

Monumental Sports & Entertainment (MSE) has announced Robinhood, the financial services platform that pioneered commission-free stock trading, as the jersey patch partner for the Washington Mystics.

The Robinhood logo will be on the front of all team jerseys, under the team’s name and player’s number. As the official brokerage, jersey patch and Monumental Sports Network broadcast partner for the Washington Wizards, this expands Robinhood’s investment to an additional MSE team, and marks the company’s first women’s sports investment.

“We’re thrilled to welcome Robinhood as the Mystics jersey patch partner and introduce them to the most electric fanbase in all of sports,” said Alycen McAuley, Chief Business Officer for the Washington Mystics. “This collaboration signifies our shared commitment to invest in women’s sports and a natural continuation of MSE’s existing partnership with the next generation financial services platform.

Robinhood’s logo will be prominently featured on the Mystics home and away jerseys for the 2024 season, beginning with the highly anticipated June 6th matchup against the Chicago Sky at the 20,000-person capacity Capital One Arena. Players will wear the new jerseys in the game, and the first 5,000 fans attending the game will receive a Mystics x Robinhood rally towel.

KLUTCH Sports Group’s Global Partnerships division sourced and facilitated the partnership between the two organizations. KLUTCH serves as Robinhood’s agency of record for partnerships in the sports and entertainment sectors, as Robinhood continues to further connect with fans through sports.

“We’re excited to bring Robinhood’s mission to women’s sports through our first-ever WNBA partnership with the Washington Mystics,” said Vlad Tenev, CEO and Co-Founder of Robinhood Markets. “As a DC-area native and lifelong basketball fan, it’s an honor to connect with more DC-area fans as we build on the success of our partnership with Monumental.”

In addition to the Mystics jersey patch, the partnership promises to showcase Robinhood’s continued growth in the DMV region with a Robinhood branded social media content series on Mystics platforms, and courtside and bowl signage at the Mystics home venue, the Entertainment & Sports Arena in Washington, DC’s Ward 8 community.

“Since the announcement of our initial partnership with Robinhood in the fall, we’ve enjoyed engaging the DMV region at the intersection of sports and fintech together. We look forward to continuing to create unique and innovative opportunities to further integrate Robinhood into our multiplatform organization,” added Jim Van Stone, President, Business Operations and Chief Commercial Officer for Monumental Sports & Entertainment.

Robinhood has helped millions of new investors make their first investments. With products from investing, retirement, crypto and digestible investment and financial education, Robinhood is there for customers at every point along their financial journey, meeting them where they are.    

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