Trending
Source: Patrick Smith / Getty
D.C. Attorney General Brian Schwalb warned Wizards and Capitals owner Ted Leonsis against leaving Capital One Arena before the end of their lease in 2047, stating legal obligations bind the teams to the venue.
Text “DCnews” to 52140 For Local & National News Sent Directly To You!
In a letter dated March 18, Schwalb accused Leonsis’s company, Monumental Sports & Entertainment, of breaking commitments by engaging with Virginia for a move. He urged a return to negotiations with D.C. officials, who are offering $500 million for arena upgrades.
RELATED: Unions Oppose Plan To Relocate Washington Wizards And Capitals To Potomac Yard

Despite this contention, Monumental believes they can legally opt out of the extension. This dispute raises the possibility of litigation amidst Leonsis’s difficulties in securing support for a new Virginia arena.
source: The DMV Daily
READ MORE:


Get Breaking News & Exclusive Content in Your Inbox:  


DC Attorney General Tells Leonsis That Caps & Wizards Can’t Leave Arena Until 2047  was originally published on woldcnews.com

Rest In Power: Notable Black Folks Who We’ve Lost In 2024
Nasty Work! Wendy Williams’ Ex-Husband Kevin Hunter Wants Back Divorce Payments For His "Living Expenses"
Won’t He Do It?: “The Niggler” aka Bishop Lamor Whitehead Found Guilty on Fraud & Extortion Charges
Regina King Publicly Addressed Her Son’s Passing In An Interview With Robin Roberts: ‘I Speak Of Him In The Present Because He Is Always With Me’
MGM Casinos Deny Bruno Mars Has $50M Gambling Debt, Social Media Reacts
Sandra Crouch, Grammy-Winning Gospel Artist & Twin of Andraé Crouch, Passes Away at 81
Beyoncé Shares Backstory Of Upcoming ‘Act II: Cowboy Carter’ LP On Instagram
Social Media Reacts (And Points Fingers) Following Premiere of Hulu’s “Freaknik” Documentary
An Urban One Brand
Copyright © 2024 Interactive One, LLC. All Rights Reserved.

source