"The Die is Cast": Capitals and Wizards Owner Confirms Move to Alexandria Pending Virginia Approval

Ted Leonsis, owner of the Washington Capitals and Washington Wizards, has stated that the decision to move the teams to a new arena in Alexandria, Virginia is final. The move has faced criticism from fans concerned about increased travel times and the teams turning their backs on DC. Leonsis has defended the decision, emphasizing benefits for fans, players, and employees. The proposed arena's location raises concerns about traffic and parking, but Leonsis aims to address these issues. The move is set for 2028 pending approval of a $2.8 billion loan and contributions from Monumental and the city of Alexandria.