The Washington Caps and Wizards may stay in DC after all after the city of Alexandria, Virginia, says it's ended negotiations.
Monumental Sports and Entertainment — the company that owns both the Washington Capitals and the Wizards — and DC Mayor Muriel Bowser have inked a deal to keep the teams in DCThe Washington Capitals and Wizards have called off their move to Northern Virginia, a stunning reversal in what has been a tumultuous three months filled with bitter battles between community members, a billionaire and political leaders.
"We are the current home, and the future home, of the Washington Capitals and the Washington Wizards," she said. "This was not only the right thing for the community, the right thing for the city, the right thing for us; it's a really smart business deal," Leonsis said.Monumental Sports and Entertainment — the company that owns both the Washington Capitals and the Wizards — and DC Mayor Muriel Bowser have inked a deal to keep the teams in D.C."This transformational project would have driven investment to every corner of the Commonwealth.
"The mayor told me — when I said that we'd probably be leaving — she said, 'No, you won't!'" he recalled with a chuckle."This is really the mayor's day, and I mean that sincerely," he said."Because she could have just stopped talking to me, and I would have stopped talking to her.
But it was also poised to send shockwaves through downtown D.C., which has been accustomed to the economic rewards of hosting tens of thousands of Cap and Wizards fans but struggled with increased crime. Then she started trolling Youngkin and Leonsis for trying to fast track the development. Lucas posted a meme edited to depict herself flashing a peace-out sign over a grave with the caption"Youngkin and Leonsis' $5 billion arena" on X, formerly known as Twitter.
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