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New details unveiled in D.C.'s deal to buy and renovate Capital One Arena
Six months since a deal was struck to keep the Capitals and Wizards in D.C., the modernization of Capital One Arena is now set to advance, with the city purchasing the venue and funding upgrades. Why it matters: The renovation will keep the teams in the District through at least 2050 and inject hope into downtown Washington as it continues to recover from the pandemic.
What DC’s plan to buy, renovate Capital One Arena could mean for Chinatown
D.C.’s proposed plan to buy and help fund renovations at Capital One Arena could help revitalize the surrounding Chinatown and Gallery Place neighborhoods, according to a professor of finance at the University of Maryland.
D.C. mayor's proposal would keep Wizards, Capitals at Capital One Arena through 2050
A new proposal from D.C. Mayor Murial Bowser would keep the Washington Wizards and Capitals playing at Capital One Arena through at least 2050.
SEE IT: New legislation details vision for Capital One Arena redevelopment, investment
Monumental Sports & Entertainment CEO Ted Leonsis and D.C. Mayor Muriel Bowser announced new legislation Monday that would support a public-private partnership.
DC mayor proposes $87.5M purchase of Capital One Arena. Teams will stay in DC until 2050
D.C. Mayor Muriel Bowser has submitted a new bill to the D.C. Council to transfer ownership of Capital One Arena, home of the Washington Capitals and Wizards, to the city, WTOP has learned.
DC to Buy Capital One Arena as Part of $515 Million Renovation
More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington Capitals and Wizards in DC, the full details of their agreement have been made public.
Monumental Sports to sell Capital One Arena to DC for $87.5M, sources say
News is learning that a major announcement is expected Monday about the ownership of Capital One Arena in D.C.'s Chinatown neighborhood.
Capital One Arena Renovation Proposed by DC, Monumental
Monumental Sports & Entertainment and Washington, D.C., mayor Muriel Bowser announced that they will formally propose legislation to fund the renovation of Capital One Arena, the home of the Washington Wizards and Capitals.
Streateries survive Capital One Arena deal
Capital One Arena will be transformed soon, but one thing is staying: The streateries on 6th Street. Why it matters: Getting rid of the streateries was on Ted Leonsis' wishlist, with the Monumental Sports & Entertainment CEO fretting that they made it harder for semitrucks to load during events at the venue.
Plan to revitalize Capital One Arena in DC
A new legislation meant to bring more people into the nation's capital is heading to the DC Council for approval. If passed, the bill would fund the revitalization of the Capital One Arena.
Capital One Arena To Get Major Renovations As D.C. Passes New Legislation; Capitals Locker Room Will Be Redone
The renovations are expected to be done by the 2027-28 season for the Capitals, and will cost $800 million in total.
1d
on MSN
D.C. Mayor Muriel E. Bowser proposes legislation to buy Capital One Arena
Under the proposal, the city, which already owns the land under the arena, would buy the building for $87.5 million.
2d
Bowser, Leonsis announce massive Capital One Arena remodel, lease to keep teams in D.C. through 2050
D.C. Mayor Muriel Bowser and Ted Leonsis, the owner of the Washington Wizards and Capitals, announced plans Monday to ...
2d
on MSN
Mayor Muriel Bowser, Ted Leonsis share plans to revitalize Capital One Arena
WASHINGTON — After months of negotiations to keep the Washington Wizards and Capitals in D.C., Mayor Muriel Bowser is seeking ...
Commercial Observer
2d
D.C. Mayor Submits Plan for City to Buy Capital One Arena for $88M
District Mayor Muriel Bowser submitted legislation to the D.C. Council to acquire the arena for $87.5 million, as part of the ...
TMCnet
10h
Monumental Sports & Entertainment Announces Multi-Year Partnership with Shift4 to Elevate the Fan Experience at Capital One Arena
Monumental Sports & Entertainment (MSE) has announced a new, multi-year partnership with Shift4 (NYSE: FOUR), the leader in ...
Washington City Paper
1d
D.C. Rejected Some of Ted Leonsis’ Requests for a Capital One Arena Deal. But the Billionaire Is Still Getting Plenty of City Money.
The District refused some of Ted Leonsis’ strangest asks as it struck a Capital One Arena deal to keep the Wizards and ...
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Washington
Mayor of the District of Columbia
Muriel Bowser
Ted Leonsis
Monumental Sports
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