In December, it was announced that the Washington Capitals and the NBA's Washington Wizards would be relocating from Capital One Arena in downtown D.C. to a new arena in Northern Virginia. However, the plans for the arena stalled in Virginia's Democratic-controlled legislature.
The City of Alexandria expressed disappointment in the outcome and stated that negotiations had ended. Meanwhile, there is speculation that the Capitals will announce they will stay at their current location, with upgrades to the facility and expansions around the arena.
Despite the setback, Leonsis has been sharing positive updates about the current home of his teams on social media, highlighting attendance figures and the positive impact of events on the community, job market, and tax revenue.
