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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.
Breaking news emerged on Wednesday that the new arena in Potomac Yard would not move forward, as announced by the mayor of Alexandria. Virginia's House speaker also confirmed that Ted Leonsis, the teams' owner, is no longer considering the relocation deal.
«The City of Alexandria has ended negotiations,» Mayor Justin Wilson said in a statement, adding: «We trusted this process and are disappointed in what occurred between the Governor and General Assembly.»
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.
Sounds like there will soon be announcement that the teams will stay where they arewith upgrades to the facility and expanding the footprint 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.
As seen on Hockeyfeed
Relocation for NHL team gets rejected, «deal is dead»!
Relocation for NHL team gets rejected, «deal is dead»!
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