The attorney general for the District of Columbia contends that the NBA's Washington Wizards and NHL's Washington Capitals are obligated to play their games in the downtown arena through 2047. Brian Schwalb made that assertion in a letter to Monumental Sports and Entertainment this week.
Capital One Arena is shown before an NHL hockey game between the Washington Capitals and the New Jersey Devils, Tuesday, Feb. 20, 2024, in Washington. The proposed move of the Capitals and Wizards sports teams to nearby Virginia has stoked concern in a pair of fragile Washington neighborhoods. Residents and business owners in Chinatown fear that the departure of the teams would devastate the neighborhood around the Capital One Arena.
In a letter Brian Schwalb wrote this week to Monumental Sports and Entertainment that was obtained by The Associated Press on Friday, Schwalb cited a 2007 bond agreement for renovations that extended the teams’ lease for 20 more years beyond the initial timeframe through 2027. Schwalb said D.C. Mayor Muriel Bowser’s $500 million offer to renovate Capital One Arena still stands. Bowser in an op-ed piece in the Washington Post last month urged Monumental to consider that and said the city would enforce the lease terms if necessary.
“The District very much prefers not to pursue any potential claims against MSE,” Schwalb wrote in a letter dated Tuesday to Monumental general counsel Abby Blomstrom in response to one she sent to the city last month. “It remains committed to maintaining and growing its partnership with MSE and to keeping the Wizards and Capitals at the Arena until the end of the existing lease term in 2047, if not beyond.
“Why are we discussing an arena at Potomac Yard with the same organization that is breaking their agreement and commitments to Washington DC? ”
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