The Qatar Investment Authority is buying a minority stake in Monumental Sports & Entertainment, the parent company of the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics, according to a person with knowledge of the sale. The person spoke to The Associated Press on condition of anonymity Thursday because the agreement had not… Continue reading Qatar Investment Authority buys stake in Wizards, Capitals, Mystics
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Wizards, Capitals would move to Virginia in tentative deal
Virginia Gov. Glenn Youngkin has reached a tentative agreement with the parent company of the NBA’s Washington Wizards and NHL’s Washington Capitals to move those teams from the District of Columbia to what he called a new “visionary sports and entertainment venue” in northern Virginia. The proposal, which would need the state legislature’s approval, calls… Continue reading Wizards, Capitals would move to Virginia in tentative deal
Virginia senator says deal to relocate Wizards, Capitals not happening
Top Democrats in the Virginia Senate have dealt a blow to legislation to help pave the way for the NBA’s Washington Wizards and NHL’s Washington Capitals to relocate to northern Virginia, refusing to docket the bill for a hearing and expressing serious reservations Monday about the financing of the proposed deal. Sen. L. Louise Lucas,… Continue reading Virginia senator says deal to relocate Wizards, Capitals not happening