Saturday, September 19, 2026

Capitals’ and Wizards’ Move to Virginia Appears Dead in State House Budget

  • Virginia’s Senate is poised to omit funds for a new multipurpose arena in Alexandria from its budget Thursday, effectively blocking the best shot the teams had at moving out of D.C.
  • The planned move has drawn backlash since its December announcement and now puts team owner Ted Leonsis at a crossroads. 
Tommy Gilligan-USA TODAY Sports

Plans to move the Washington Capitals and Wizards to Virginia appear to be on hold. Or at least, according to one meme, six feet under. 

Virginia’s Senate plans to remove plans for a new multipurpose arena in Alexandria, Va., from the state budget, which would prevent the teams from moving across the Potomac River. 

State Sen. L. Louise Lucas told The Washington Post on Wednesday night the arena language will not be in the budget when it’s released around midday Thursday. She also tweeted a Photoshopped depiction of herself flashing a peace sign over a grave with a headstone reading “Youngkin and Leonsis’ $5 billion arena,” a reference to Virginia governor Glenn Youngkin, who had supported the proposed move, and Monumental Sports head Ted Leonsis, who owns both the Capitals and Wizards.

The plans to move both teams out of the nation’s capital have been met with controversy and backlash. Leonsis and Youngkin never consulted the state’s lawmakers before agreeing in December to the move, backed by a proposed $1.5 billion in taxpayer-backed bonds. Lucas, though, has opposed the move, despite any supposed economic impact that a new arena and entertainment complex could bring to the state. Among her complaints: subsidizing a billionaire. But Lucas, who chairs the state’s finance committee, also said that had Youngkin entertained more Democratic priorities, such as legalizing marijuana and raising the minimum wage, she might have come around on the proposal. 

With the move seemingly dead, the ball is in Leonsis’s court. D.C. leaders have a standing offer of $500 million in renovations to his teams’ current home, Capital One Arena, though that’s roughly $100 million short of what Leonsis originally asked for. The city has also put together a task force to contemplate the arena’s future should the team move.

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

Hot & Social/Mets

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
Exclusive

Vicious Infighting Is Jeopardizing the Future of Women’s Baseball

The WPBL’s own CEO admits there’s a “power struggle.”
Sep 17, 2026; Orchard Park, New York, USA; Buffalo Bills wide receiver Joshua Palmer (5) runs to score a touchdown during the first half against the Detroit Lions at New Highmark Stadium. Mandatory Credit: Gregory Fisher-Imagn Images

Bills Mafia Steals the Show in $2.2B Highmark Stadium Debut

The new stadium easily transcended its league-low seating capacity.
podcast thumbnail mobile
Front Office Sports Today

NFL Ratings Dip, Steve Belichick Resigns, Knicks Ticket Refunds

0:00

Featured Today

Fantasy Football Drafts Are Turning Into Full-Blown Vacations

Leagues are forgoing solo drafts and replacing them with in-person getaways.
Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena
September 10, 2026

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
Buffalo Bills head coach Joe Brady and the sidelines watch the offensive line’s drive during first half action of the Bills preseason game against the Pittsburgh Steelers at Highmark Stadium on Aug. 27, 2026.

Bills’ Highmark Stadium Debut Begins Boom in New NFL Venues

Seven new NFL stadiums are set to open over the next half decade.
September 10, 2026

Philadelphia Arena Project Quietly Updates Rendering

The original rendering didn’t appear to depict any women Flyers fans.
Tennis - U.S. Open - Flushing Meadows, New York, United States - September 5, 2026 General view of fans outside Arthur Ashe stadium
September 11, 2026

Luxe US Open Is About to Get $800M Grander

The upgrades could enlarge a class divide among attending fans.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
Sep 1, 2021; Anaheim, California, USA; A general overall view of the Angel Stadium exterior. Mandatory Credit: Kirby Lee-USA TODAY Sports
September 4, 2026

Stan Kroenke’s $4 Billion Angels Deal Puts a New Ballpark in Play

The factors supporting a stadium replacement continue to grow.
August 30, 2026

Grass Is Latest Issue With Bills’ New Stadium

The field will be re-sodded ahead of Buffalo’s Week 2 home opener.
Aug 9, 2022; Milwaukee, Wisconsin, USA; The Tampa Bay Rays logo on a batting helmet prior to the game against the Milwaukee Brewers at American Family Field. Mandatory Credit: Jeff Hanisch-USA TODAY Sports
August 28, 2026

Rays’ $2.36B Ballpark Gets Final Approval in Tampa

Groundbreaking is targeted for later this year.
Exclusive
August 25, 2026

NWSL’s Stars Will Return to Northwestern Lakeside Stadium

The NWSL club originally sought to play in the new Ryan Field.