"Washington Wizards and Capitals Relocate Amid Crime Crisis, Youngkin Applauds; Leonsis Pursues $10B Sports Empire"
The owner of the Washington Wizards and Washington Capitals, two major league sports teams in Washington, D.C., announced plans to move across the Potomac to a new complex in Alexandria, Virginia, citing the intensifying crime crisis in the city as a factor in the decision. The move is set to take place in 2028. Virginia Republican Governor Glenn Youngkin celebrated the move, highlighting the new sports and entertainment district that will be developed, including a concert venue, convention center, hotels, restaurants, and housing. The owner, Ted Leonsis, expressed his intention to expand and keep Capital One Arena in D.C. as a great place. The Washington Mystics of the WNBA may also find a new home at Capital One Arena.