Ted Leonsis and Washington Mayor Muriel Bowser have struck a deal to maintain the Washington Wizards and Washington Capitals at Capital One Area in downtown Washington DC till no less than 2050.
Leonsis, by means of his mum or dad firm Monumental Sports activities and Leisure, formalized the settlement with the town by means of a signed letter of intent on Wednesday afternoon.
The settlement follows unsuccessful makes an attempt to construct a brand new area in Alexandria, Virginia, which did not acquire approval from the state legislature.
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