Thursday, April 16, 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

NHL, Capitals Brace for Life After Ovechkin—and a Huge Void

The Russian superstar has driven extensive business across hockey.
Apr 5, 2026; Brooklyn, New York, USA; Washington Wizards forward Anthony Davis (23) talks with forward Leaky Black (14) during the first half against the Brooklyn Nets at Barclays Center. Mandatory Credit: Vincent Carchietta-Imagn Images

The Wizards Are About to Win the NBA’s Tank War

Washington has won just one game since Feb. 20.
Feb 22, 2026; Louisville, Kentucky, USA; Louisville Cardinals guard Reyna Scott (1) celebrates after time expires against the Louisville Cardinals at KFC Yum! Center

UVA Shows Anyone Can Win in Women’s Basketball—at a Price

Ohanian’s millions set a blueprint for winning in the NCAA.
Feb 20, 2026; Washington, District of Columbia, USA; Indiana Pacers forward Jarace Walker (5) drives against Washington Wizards guard Bub Carrington (7) during the fourth quarter at Capital One Arena.

The Worst NBA Teams Are in an All-Time Tank War

The NBA’s three worst teams have lost 39 straight games.

Featured Today

blake griffin

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
Matthew Schaefer/Front Office Sports
April 10, 2026

Matthew Schaefer Has the Hockey World in His Thrall

The teenage Islanders defenseman cannon-balled into the NHL.
April 9, 2026

College Athletes Are Ignoring NCAA Gambling Bans

“We were going to bet regardless,” says one former D-I athlete.
April 8, 2026

Why Did FIFA Do a Deal With an Obscure Prediction Market?

The product is scheduled to launch on Thursday.
Apr 10, 2026; Kansas City, Missouri, USA; Kansas City Royals shortstop Bobby Witt Jr. (7) throws to first base during the seventh inning against the Chicago White Sox at Kauffman Stadium.

Royals One Step Closer to New Kansas City Stadium

The MLB club receives support from two key votes.
April 6, 2026

Rays Return to Rebuilt Tropicana Field, but Bigger Questions Remain

As the club’s current ballpark is restored, new stadium plans are developing.
April 6, 2026

Chicago Mayor Pushes for Rejected Downtown Bears Stadium Site

Despite the team’s focus on suburban options, city leaders continue their efforts.
Sponsored

From Gold Medalist to Business Founder

Allyson Felix on investing in women’s sports and what comes next for track & LA28.
Sponsored

Baseball Is Back: MLB Opening Day Prices Soar

MLB Opening Day ticket prices are at record highs. TickPick data breaks down demand, pricing trends, and where fans are paying the most.
Browns owners Jimmy and Dee Haslam, left and center, watch practice with executive vice president J.W. Johnson, right, during minicamp, Thursday, June 13, 2024, in Berea.
March 27, 2026

Browns Boost Stadium Investment Amid Public Funding Uncertainty

Team ownership will now pay more than two-thirds of the venue cost.
March 26, 2026

Dallas Approves Deal As Wings Take Over $81M Practice Facility

The facility was originally scheduled to be completed by the 2026 season.
Tennis fans watch a BNP Paribas Open third-round match between Taylor Fritz and Alex Michelsen on Stadium 2 at the Indian Wells Tennis Garden in Indian Wells, Calif., on Monday, March 9, 2026.
March 11, 2026

Indian Wells Reserved-Seating Shift Draws Criticism

A tournament spokesperson says they will “carefully evaluate” their decision.