Three weeks after Mayor Muriel Bowser announced her proposal to use $515 million in D.C. tax dollars to revitalize Capital ...

WASHINGTON, D.C. (7NEWS) — On Thursday morning, a public hearing on the Downtown Area Revitalization Act will happen as the D ...

The D.C. Council held its first hearing on the mayor’s proposed deal with Monumental Sports and Entertainment that centers on the future of Capital One Arena.

As a part of this deal, Monumental would sell Capital One Arena to D.C. for $87.5 million and the arena would be leased back to Monumental Sports and Entertainment for about $2 million a year.

Related: What might an overhauled Capital One Arena look like? Monumental intends to put $372.5 million into the multiyear renovation of the arena, according to a contract summary — and that ...

D.C. Mayor Muriel Bowser has proposed legislation to buy Capital One Arena for $87.5 million after months of negotiations to keep the Washington Capitals and Wizards playing in the District.

D.C.’s city council will officially vote on what is a sale-leaseback agreement, where Monumental would sell Capital One to the city for $87.5 million before leasing the venue from the city for ...

After a whirlwind year for Washington, D.C.’s Capital One Arena, officials have gone from nearly losing both the city’s pro basketball and hockey teams less than a year ago, to attempting to buy their ...

would sell Capital One Arena to the District for $87.5 million and set the stage for arena renovations to be completed for the Wizards’ and Capitals’ 2027-28 seasons. Advertisement In April ...

Capital One Arena is getting an $800 million makeover. D.C. Mayor Muriel Bowser and Ted Leonsis, the owner of the Washington Wizards and Capitals, announced plans Monday to revitalize the aging ...

Finland's Capital to Take Over Helsinki Arena From Russian Owners By Essi Lehto HELSINKI (Reuters) - The city of Helsinki will initiate a forced takeover of the Finnish capital's biggest sports ...