Friday, July 3, 2026

Funds Nixed for the Capitals’ and Wizards’ Proposed Move. Now What?

  • A state senator leads the charge to block public funds for the proposed arena.
  • Virginia Gov. Youngkin now has several other options, all of them carrying difficulty.
Monumental Sports & Entertainment

A prominent Virginia lawmaker has stopped the proposed $2 billion arena and mixed-use development in Alexandria for the Washington Wizards and Capitals—at least for the moment—and perhaps offered a powerful template for other politicians opposing taxpayer funds for sports facilities. 

Holding firm to long-stated resistance to the project, state Sen. L. Louise Lucas said Thursday that public funding for the Ted Leonsis–led arena project is not included in a final budget compromise between the two chambers of Virginia’s legislature. But rather than convey that opposition in a more staid and politically conventional fashion, the 80-year-old has colorfully slammed Leonsis and Virginia Gov. Glenn Youngkin for weeks, particularly on social media, and vowed to “kick the ass” of anyone who tried to bully her.

Such viral barbs have continued this week as she posted a Photoshopped depiction of herself on X flashing a peace sign over a grave with a headstone that reads, “Youngkin and Leonsis’ $5 billion arena,” and another with a picture captioned, “Tell Glenn I want him to know it was me.”

“I do not believe we ought to put the full faith and credit of the commonwealth behind a project that’s going to enrich billionaires,” Lucas said. “If they want this project, [they can] pay for it themselves.”

Is Virginia Still in Play?

The defeat, adding to community opposition also building against the project, leaves Leonsis and Youngkin with several options—none of them as timely or politically expedient as what had been attempted in a 2024 legislative session ending Saturday. 

Youngkin could offer a budget amendment or stand-alone bill, but it remains unclear whether there is sufficient political support for that, particularly in light of opposition led by Lucas. The governor could also call a special legislative session, but that, too, requires political capital he might not have. 

Leonsis and Youngkin could also adjust their timetable and spend the next year building a broader caucus of support around the project. And the more radical option would involve Leonsis abandoning the Virginia effort altogether and reengaging with D.C. leaders, who have a standing offer of $500 million to renovate his teams’ current home, Capital One Arena.

However, on Thursday afternoon, a visibly frustrated Youngkin pleaded for a last-minute change by Lucas and other arena opponents but, in the same breath, also lashed out at the senate for refusing to give the deal “any serious, meaningful consideration.”

“I believe our [Virginia] Senate and General Assembly have a chance to stand up and do what’s right,” Youngkin said. “They have a chance to assess this one-of-a-kind opportunity on its merits. It befuddles me that we’re not spending today talking about how to deliver it.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Alex Ovechkin Will Return to Washington for One More Season

The one-year contract extension is based heavily on an appearance incentive.
Jun 23, 2026; New York, NY, USA; NBA Commissioner poses with the first pick in the 2026 NBA draft selected by the Washington Wizards, BYU forward AJ Dybantsa at Barclays Center. Mandatory Credit: Brad Penner-Imagn Images

Wizards Land Dybantsa Ahead of NBA Lottery Overhaul

Darryn Peterson, Cameron Boozer, and Caleb Wilson rounded out the top four.

NBA Draft Is Loaded—and Is About to Change Forever

The draft will be the last of the NBA’s current system.

UFC’s Freedom 250 Draws 17 Million Viewers

The event was available exclusively on Paramount+. 
podcast thumbnail mobile
Front Office Sports Today

7/3/26 – USMNT Round of 16 Ticket Frenzy, NBA Tests New Free Throw Rule, Ovechkin Returns, Country Roads Takes Over

0:00

Featured Today

ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Apr 2, 2026; Portland, Oregon, USA; Tom Dundon, owner of the Portland Trail Blazers, visits with fans after a game against the New Orleans Pelicans at Moda Center.

Dundon: Taxpayers Should Foot the Bill for Portland Arena Makeover

The NBA team owner pushed back on private financing for the arena renovation.
June 15, 2026

Dallas Stars ‘Getting Married’ to Plano With $3B Arena Move

The NHL team sees its forthcoming home city as a regional hub.
June 24, 2026

Portland Arena Standoff Revives Fears Over Trail Blazers Future

Portland’s mayor and city council spar over helping fund arena renovations.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
June 5, 2026

Bears Taking New $5B Stadium Plans Across State Line to Indiana

The decision arrived just four days after political inaction by Illinois leaders.
June 3, 2026

Stars Arena Move Deepens Downtown Dallas Sports Exodus

Both the Stars and Mavericks are seeking to build new arenas.
June 1, 2026

Indiana’s Bears Stadium Bid Gets More Real After Illinois Misses Chance

Recriminations rise as Illinois leaders fail to ratify a Bears stadium bill.
June 1, 2026

Illinois’ Last-Minute Push for $5B Bears Stadium Runs Out of Time

The state Senate approved a dramatically reworked stadium bill.