DC to Buy Capital One Arena as Part of $515 Million Renovation
3 days ago · More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington Capitals and Wizards in DC, the full details of their agreement have been made public. Over the weekend, Bowser submitted legislation to the DC Council that revealed the city’s plan to purchase Capital One
The Potomac Yard Stadium Deal Is Dead—Here Are the ... - Washingtonian
Mar 28, 2024 · It's official: there will be no new $2 billion stadium complex in Alexandria's Potomac Yard, and the Washington Capitals and Wizards are staying in DC. Ted Leonsis, the owner of the teams, and DC Mayor Muriel Bowser announced the news at …
Monumental Sports, D.C. government move forward on deal to …
3 days ago · In April, the city council unanimously voted to commit $515 million to the renovation project. Ted Leonsis, the Wizards’ and Capitals’ principal owner and the CEO of Monumental Sports and ...
Collapse of NBA, NHL arena deal prompts ... - Associated Press News
Apr 1, 2024 · The NBA’s Washington Wizards and NHL’s Washington Capitals are staying in the District of Columbia. Owner Ted Leonsis and Mayor Muriel Bowser announced the development at a news conference at Capital One Arena on Wednesday, March 27, 2024.
Capitals, Wizards are staying in D.C. after Virginia arena deal ...
Mar 28, 2024 · The NBA's Washington Wizards and NHL's Washington Capitals are staying in the District of Columbia. Owner Ted Leonsis and Mayor Muriel Bowser announced the $515 million deal at a news conference Wednesday.
Ted Leonsis on the Arena-Deal Collapse and What's Next - Washingtonian
Jun 10, 2024 · The past few months have been rough on Ted Leonsis, the CEO of Monumental Sports & Entertainment. In December, he announced that he planned to move the Capitals and Wizards to a yet-to-be-built arena in Alexandria, ditching their longtime home in downtown DC.
Wizards, Capitals owner Ted Leonsis plans to move teams from …
Dec 13, 2023 · ALEXANDRIA, Va. — Washington Wizards and Washington Capitals principal owner Ted Leonsis announced plans Wednesday to move his NBA and NHL franchises from downtown Washington, D.C., to northern...
How billionaire Ted Leonsis decided to move Wizards, Capitals to ...
Feb 17, 2024 · For months, the billionaire owner of the Washington Wizards and Capitals had been pressing the D.C. government to pay at least half the cost of modernizing his aging downtown arena.
Ted Leonsis is off to Virginia, and he’s leaving Washington, D.C ...
Dec 14, 2023 · Leonsis’s rapaciousness to become a superpower in sports and forsake any civic responsibilities to a neighborhood at its most vulnerable time, along with the District’s dawdling, will mortally...
Billionaire Ted Leonsis strikes deal with Virginia Gov. Glenn …
Dec 18, 2023 · Wizards, Capitals billionaire owner strikes deal with Virginia governor to ditch DC—except for his WNBA franchise. BY Sarah Rankin, Matthew Barakat and The Associated Press. December 18, 2023, 7 ...