Caps, Wizards owner Ted Leonsis talks about Monumental Move
It’s not personal – it’s just good business. Ted Leonsis plans to take the Capitals and Wizards out of Washington, but he says the future is bright and everyone is invited to Virginia.
For the first time since announcing his intentions to move the Washington Wizards and Capitals out of D.C. across the river to Virginia, owner Ted Leonsis is answering questions from reporters. Leonsis discussed the deal that would transform a growing Northern Virginia neighborhood and send shockwaves through downtown D.C., which is accustomed to hosting tens of thousands of fans but has struggled with crime.
