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re: Capitals and Wizards likely moving to VA from DC

Posted on 12/13/23 at 2:20 pm to
Posted by usc6158
Member since Feb 2008
35429 posts
Posted on 12/13/23 at 2:20 pm to
DC owns the land where Capital One is built, while Monumental Sports owns the building. Leonsis pays $36M a year just for the land, which is apparently way higher than most other owners who lease the entire stadium

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Posted by usc6158
Member since Feb 2008
35429 posts
Posted on 3/27/24 at 3:07 pm to
Ted's Alexandria stadium lasted all of two months

quote:

Negotiations to lure the NHL’s Washington Capitals and NBA’s Washington Wizards to northern Virginia have “ended” and the proposal to create a development district with a new arena for the teams “will not move forward,” the city of Alexandria said in a statement Wednesday.


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