A NEWS conference scheduled for Wednesday morning (Thursday in Manila) involving Washington Wizards and Washington Capitals majority owner Ted Leonsis and Virginia Gov. Glenn Youngkin suggests the NBA and NHL teams are planning to move to Northern Virginia, according to multiple media reports.
Virginia state lawmakers on Monday approved an 8 million-square-foot arena complex in Alexandria that would include a new arena as well as a 3,000-seat music and entertainment venue, conference center, hotels and headquarters for Monumental Sports & Entertainment. Leonsis is CEO of Monumental, which owns the Capitals, Wizards and WNBA’s Washington Mystics, which would remain in the District of Columbia.
The site would be near Amazon’s new HQ2 facility and the new Potomac Yard Metro station.
The proposal still requires approval from Virginia’s full general assembly and the Alexandria City Council. If approved, construction could start by 2025 and the teams could be playing there by 2028, according to a WJLA-TV 7News report.