it could be mentioned about how the decision to keep the Washington Wizards and Washington Capitals in the District of Columbia through 2050 signifies a major win for the community and showcases the strength of the partnership between the city and ownership. The $515 million publicly funded arena project is set to not only keep the teams in their current home, but also bring about significant upgrades and development to the surrounding area. This decision comes after failed negotiations with Virginia and highlights the importance of collaboration and smart business decisions in keeping major sports teams rooted in their communities.
Capitals and Wizards remain in D.C. after Virginia arena deal falls through
