• Loading stock data...
Saturday, December 20, 2025
Breakfast Ball is heading to San Francisco with hosts Joe Montana and Jerry Rice. Request to Attend

As Leonsis Eyes Virginia, D.C. Weighs Arena Neighborhood Transformation

  • Mayor forms a task force to look at other uses for the Capital One Arena area.
  • Officials moving at a speed often unseen in arena negotiations.
Monumental

Washington, D.C., officials are still talking with Ted Leonsis and his Monumental Sports and Entertainment about staying at Capital One Arena. But D.C. officials already are developing a backup plan, acting with a speed often unseen in the slow-moving world of stadium and arena negotiations.

Less than four weeks after Leonsis announced plans to build a $2 billion arena and mixed-use development in Alexandria, Va., for the Washington Wizards and Capitals, D.C. Mayor Muriel Bowser has formed the Gallery Place/Chinatown Task Force to create a new vision for the area surrounding Capital One Arena. The task force will consider a variety of potential moves for the neighborhood, including potentially tearing down the 26-year-old venue to open the land for other uses.

“We have to have a vibrant space here,” Bowser said. “We can’t have it underused, and there will be people who it would serve their purposes [sic] if we had an underutilized arena in downtown D.C. That will not serve the purposes for the D.C. taxpayer. So I want to be clear about that: We will not allow an underused arena.”

The task force includes both current government officials and private business leaders and is led in part by two of Bowser’s mayoral predecessors, Anthony Williams and Adrian Fenty. Even before Leonsis announced his plans, the Capital One Arena area was the subject of rising concerns about crime and business growth. 

Local Politics

Bowser did not detail the current state of D.C.’s talks with Leonsis, but an offer of $500 million in public money to upgrade Capital One Arena remains on the table. The Leonsis plan to move the Wizards and Capitals to the new Alexandria arena also potentially involves his Washington Mystics shifting its home games from the 4,200-seat Entertainment and Sports Arena in southeast D.C. to Capital One Arena. 

The prospect of moving the WNBA team from D.C.’s poorest ward to downtown has already angered local officials, even as the Mystics regularly sell out  at the smaller venue and have arguably outgrown it as the league soars in popularity. D.C. officials, meanwhile, are thinking about other—and potentially very different—options for the Capital One Arena neighborhood.

“If the teams do move—and we have to anticipate that they will—we have an opportunity to reposition almost two city blocks, five acres, right in downtown D.C. for a new use,” said Nina Albert, D.C.’s acting deputy mayor for planning and economic development. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Tilman Fertitta

Rockets Owners in Talks to Buy and Move WNBA’s Sun

The Rockets lost out on WNBA expansion but want the Sun.
Dec 7, 2025; Kansas City, Missouri, USA; Missouri Tigers guard Sebastian Mack (12) shoots against Kansas Jayhawks guard Melvin Council Jr. (14) and guard Elmarko Jackson (13) during the second half at T-Mobile Center.
exclusive

Commissions, Retainer Fees, Exclusivity: Inside Big 12 PE Proposal

The firms would earn a commission for any partnerships or sponsorship deals.
Zach Zarba

Criticism of NBA Refs Is Getting Increasingly Personal 

Coaches have accused refs of being “starstruck” and “not objective.” 
DraftKings

DraftKings, Coinbase Dive Into Prediction Markets in Wild Week

DraftKings Predictions offers sports-related contracts in states without legal betting.

Featured Today

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena
December 13, 2025

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.
December 7, 2025

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
Jul 1, 2025; New York City, New York, USA; A general view out side of Citi Field. The game between the New York Mets and the Milwaukee Brewers was postponed due to impending weather.
December 15, 2025

Mets Owner Steve Cohen Clears Final Hurdle for $8B Casino Project

The Mets owner and Hard Rock receive a New York gaming license.
December 18, 2025

Indiana Bears? NFL Team Expands Stadium Search Beyond Illinois

Stalled political progress in Illinois prompted another pivot by the NFL team.
Sponsored

Brian Hoyer: Patriots Lessons, NIL Chaos & His Post-NFL Career

The former Patriots QB talks to FOS about college football’s radical transformation.
View of the London logo on the field after an NFL International Series game between the Denver Broncos and the New York Jets at Tottenham Hotspur Stadium.
December 5, 2025

New NFL Surface Standards Will Apply to International Stadiums

The NFL played a record seven international regular-season games this year.
December 4, 2025

Milan’s New Olympic Hockey Arena Is Behind Schedule and Too Short

Construction is delayed and the ice may not meet NHL size standards.
April 19, 2022; Austin, TX, USA; Tim Leiweke of the Oak View Group speaks at a ribbon cutting ceremony for the Moody Center, a multi-purpose arena that will be home to concerts and the UT basketball teams on Tuesday April 19, 2022.
December 4, 2025

Trump Pardons Ex-Oak View CEO Months After Bid-Rigging Indictment

Trump issued Leiweke’s pardon Tuesday.
December 3, 2025

Browns Clear Final Major Hurdle for New $2.4B Domed Stadium

The team’s settlement with Cleveland receives city council approval.