Capital One Arena will be transformed soon, but one thing is staying: The streateries on 6th Street. Why it matters: Getting rid of the streateries was on Ted Leonsis' wishlist, with the Monumental Sports & Entertainment CEO fretting that they made it harder for semitrucks to load during events at the venue.

Six months since a deal was struck to keep the Capitals and Wizards in D.C., the modernization of Capital One Arena is now set to advance, with the city purchasing the venue and funding upgrades. Why it matters: The renovation will keep the teams in the District through at least 2050 and inject hope into downtown Washington as it continues to recover from the pandemic.

More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington Capitals and Wizards in DC, the full details of their agreement have been made public.