Under the proposal, the city, which already owns the land under the arena, would buy the building for $87.5 million.

Washington, D.C. Mayor Muriel Bowser has proposed legislation to purchase Capital One Arena for $87.5 million.

Washington, D.C. Mayor Muriel Bowser and Chief Executive Officer of Monumental Sports & Entertainment (MSE) Ted Leonsis ...

The renovations are expected to be done by the 2027-28 season for the Capitals, and will cost $800 million in total.

Monumental Sports & Entertainment and Washington, D.C., Mayor Muriel Bowser announced that they will formally propose ...

WASHINGTON — After months of negotiations to keep the Washington Wizards and Capitals in D.C., Mayor Muriel Bowser wants to ...

D.C. Mayor Muriel Bowser has submitted a new bill to the D.C. Council to transfer ownership of Capital One Arena, home of the ...

More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington ...

District Mayor Muriel Bowser submitted legislation to the D.C. Council to acquire the arena for $87.5 million, as part of the ...

The District refused some of Ted Leonsis’ strangest asks as it struck a Capital One Arena deal to keep the Wizards and ...

less than two miles away from Capital One Arena. According to D.C. records, it receives $82.4 million in tax abatements from ...

The arena revamp will include a 200K SF expansion into Gallery Place, 65% more concession space and 60% larger athlete ...