Mr. Leonsis, head of the teams’ parent company Monumental Sports and Entertainment, said at an evening press conference alongside the mayor that the deal would include 200,000 square feet of expansion of the existing Capital One Arena complex into the nearby Gallery Place space, the creation of an entertainment district in the city’s surrounding Chinatown neighborhood and safety and transportation upgrades.
Alexandria, Virginia, says talks on luring Washington Capitals, Washington Wizards are over
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Monumental Sports says they can get out of the lease as soon as 2027, based on the language of their contract.
D.C. hopes to enforce lease keeping Wizards, Capitals in the District through 2047
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