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VA faces credibility questions with arena deal's collapse

Virginia s governor and legislature face questions of credibility after the collapse of a proposed $2 billion sports and entertainment district, which aimed to lure the Washington Capitals and Washington Wizards to Virginia. The governor blames Democratic leaders for partisan politics and special interests, while Democratic leaders blame the governor for not including the legislature early in the process. The teams owner, Ted Leonsis, attributed the decision to stay in Washington to the respect shown by D.C. Mayor Muriel Bowser. Timing and the involvement of new legislative leadership also played a role in the project s failure. ....

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Alexandria, Va., says no to Caps, Wizards arena, killing plan to move

Alexandria, Va., says no to Caps, Wizards arena, killing plan to move
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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Commentary: Sports arena project is a win for VA, economy

Through a unique public-private partnership, a new Virginia Sports and Entertainment Authority would issue bonds to support the $2 billion project. Importantly, the commonwealth is not committing any upfront dollars to the project and utilizing no existing tax revenues or creating new taxes, unlike other similar deals seen across the country. ....

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