Monumental and DC come to terms on $515 million deal that will see Capitals and Wizards stay at Capital One Arena until 2050

The Washington Capitals and Washington Wizards are staying in DC. DC Mayor Muriel E. Bowser and Ted Leonsis, founder, chairman, and CEO of Monumental Sports & Entertainment, have finalized a deal to keep the franchises in downtown DC until 2050. The news comes after MSE abandoned their planned move of the two teams to Northern…

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