We recently reported a linear association between higher systolic blood pressure (SBP) and risk of mortality in hemodialysis (HD) patients when SBP is measured outside of the dialysis unit (“out-of-dialysis-unit-SBP”) despite there being a U-shaped association between SBP measured in the dialysis unit (“dialysis-unit-SBP”) with risk of mortality. Here we explored the relationship between SBP with cardiovascular (CVD) events, which has important treatment implications but has not been well-elucidated. Among 383 HD participants enrolled in the prospective Chronic Renal Insufficiency Cohort (CRIC) Study, multivariable splines and Cox models were used to study the association between SBP and adjudicated CVD events (heart failure, myocardial infarction, ischemic stroke, peripheral artery disease), controlling for differences in demographics, CVD risk factors and dialysis parameters. Dialysis-unit-SBP and out-of-dialysis-unit-SBP were modestly correlated (r=0.34, p<0.001). We noted a U-shaped association of dialysis-unit-SBP and risk of CVD events, with the nadir risk between 140–170 mmHg. In contrast, there was a linear stepwise association between out-of-dialysis-unit-SBP with risk of CVD events. Participants with out-of-dialysis-unit-SBP ≥ 128 mmHg (top two quartiles) had greater than two-fold increased risk of CVD events compared with those with out-of-dialysis-unit-SBP ≤112 mmHg (bottom quartile) (3rd SBP quartile: adjusted hazard ratio [aHR] 2.08 [1.12, 3.87] and 4th SBP quartile: aHR 2.76 [1.42, 5.33]). In conclusion, among HD patients, although there is a U-shaped (“paradoxical”) association of dialysis-unit-SBP and risk of CVD, there is a linear association of out-of-dialysis-unit-SBP with risk of CVD. Out-of-dialysis-unit BP provides key information and may be an important therapeutic target.