Ted Leonsis' lack of preparation for the political fight for his proposed arena project in Virginia, a politically volatile state, was stunning.
In December, at Ted Leonsis’ tone-deaf press conference announcing plans to abandon Capital One Arena in the District and build a new home at Potomac Yard for his Monumental Sports franchises, “Tedland” seemed to spread from the District, Maryland and Delaware south into Virginia all the way to Richmond and beyond.
Now here we are, a little more than three months later, and “Tedland” is back to being an F Street corner in the District.Transparent Ted announced a new deal Wednesday with District Mayor Muriel Bowser to stay in the city at a renovated Capital One Arena with his Wizards and Capitals teams until the year 2050.“It’s a great day, and I’m really relieved,” Leonsis told reporters. “This was not only the right thing for the community and the right thing for us. It’s a really smart business deal.
Transparent Ted’s lack of preparation for the political fight for his arena project in Virginia, a notoriously politically volatile state, was stunning. He got suckered by his old Carlyle Group buddy, Republican Gov. Glenn Youngkin, who must have assured Leonsis that the money from a Democratic Legislature would be there when he needed it — a marriage of supreme arrogance.
Couldn’t one of them have grabbed Leonsis by the lapels and said, “Stop. Where’s the money?” This makes that group look bad as well. Owner Josh Harris spoke about their stadium search at the NFL owners meetings this week — before the news broke of the Wizards and Capitals staying in the city — and the possible impact that the Monumental Sports outcome could have on the football stadium plans.
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