Capitals and Wizards' Virginia Move Stalled by Legal and Legislative Challenges
D.C. insists teams are bound to stay through 2047, offering $500 million for arena renovations amid Virginia's legislative hurdles.
- The Washington Capitals and Wizards' proposed move from D.C. to Alexandria, VA, faces significant legal and legislative hurdles.
- D.C. Attorney General Brian Schwalb insists the teams are legally obligated to remain in Washington through 2047, citing a 2007 bond agreement.
- Virginia's legislative obstacles include the exclusion of the arena deal from the state budget by Democratic Senator L. Louise Lucas.
- D.C. Mayor Muriel Bowser has offered $500 million to renovate Capital One Arena, urging the teams to reconsider the move.
- Monumental Sports & Entertainment, the teams' parent company, disputes the D.C. Attorney General's interpretation of the lease agreement.