Monumental Sports & Entertainment has reached an agreement with the District of Columbia to keep the Wizards and Capitals in downtown D.C. until 2050, with financial support from the District totaling $515 million over the next three years to modernize Capital One Arena and expand its business and hospitality operations.
Tag: Monumental Sports & Entertainment
Posted inD.C Sports
Wizards, Capitals would move to Virginia in proposed deal, Mystics would stay in D.C.
By Sarah Rankin and Matthew BarakatAssociated Press Virginia Gov. Glenn Youngkin (R-VA)has reached a tentative agreement with the parent company of the NBA’s Washington Wizards and NHL’s Washington Capitals to move those teams from the District of Columbia to what he called a new “visionary sports and entertainment venue” in northern Virginia. The proposal, which […]