Washington Wizards and Washington Capitals majority owner Ted Leonsis announced plans Wednesday to move his NBA and NHL franchises from downtown D.C. to northern Virginia, with a goal to be in a new arena by 2028.
Leonsis, the founder, chairman and CEO of Monumental Sports and Entertainment, said in a news release the company has reached the “framework of an agreement” on a new entertainment district in the Potomac Yard area of Alexandria, Va. Leonsis will appear at a news conference alongside Virginia Gov. Glenn Youngkin on Wednesday. The news release calls the agreement a “public-private partnership.”
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3 Comments
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Lame af
Move from one subway stop to another. Not a big deal. Will be in a much safer area.