The renovations are expected to be done by the 2027-28 season for the Capitals, and will cost $800 million in total.

Under the proposal, the city, which already owns the land under the arena, would buy the building for $87.5 million.

Washington, D.C. Mayor Muriel Bowser has proposed legislation to purchase Capital One Arena for $87.5 million.

Washington, D.C. Mayor Muriel Bowser and Chief Executive Officer of Monumental Sports & Entertainment (MSE) Ted Leonsis ...

Monumental Sports & Entertainment and Washington, D.C., Mayor Muriel Bowser announced that they will formally propose ...

D.C. Mayor Muriel Bowser has submitted a new bill to the D.C. Council to transfer ownership of Capital One Arena, home of the ...

WASHINGTON — After months of negotiations to keep the Washington Wizards and Capitals in D.C., Mayor Muriel Bowser wants to ...

More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington ...

District Mayor Muriel Bowser submitted legislation to the D.C. Council to acquire the arena for $87.5 million, as part of the ...

On any given night, the Irish Channel Restaurant and Pub in downtown D.C. has a steady crowd. But on game night? Forget it.

The District refused some of Ted Leonsis’ strangest asks as it struck a Capital One Arena deal to keep the Wizards and ...

In a move to transform downtown Washington, DC’s government has unveiled plans to purchase Capital One Arena for $87.5 ...