Published 1 month ago

Winners And Losers Of The Potomac Yard Deal Collapse

Summary by Ground News

The Washington Capitals and Wizards are staying in DC. Ted Leonsis didn't get the multi-billion-dollar stadium/entertainment district extravaganza that he'd hoped for. But he did get $15 million more than the $500 million DC originally offered him.

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Washingtonian

Winners And Losers Of The Potomac Yard Deal Collapse

It's official: there will be no new $2 billion stadium complex in Alexandria's Potomac Yard, and the Washington Capitals and Wizards are staying in DC. Ted Leonsis, the owner of the teams, and DC Mayor Muriel Bowser announced the news at a press conference Wednesday. Here's who came out ahead—and who, much like the 2023-24

1 month ago·Washington, United States

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