The following statement is from Councilmember Charles Allen (Ward 6) on a new deal being reached with Monumental Sports and Entertainment (MSE) to remain in the District:
“The District and Monumental Sports & Entertainment have reached an agreement to keep our teams in DC at Capital One Arena for the next generation. As I wrote last summer in the Post, this was the deal that the District and MSE needed to make. Capital One Arena is one of the best positioned venues anywhere in the country to host year-round professional sports and events, with three Metrorail stations serving all six lines in a two-block radius, in addition to Metrobus service and Capital Bikeshare. The Arena’s also an economic anchor and job creator for the entire city and will be key – along with investments in our small, local businesses – to Downtown’s transformation into a vibrant, mixed-use neighborhood. The funding in the deal will change not just the experience inside the Arena but also bring the surrounding sidewalks to life, improve transportation and walkability, and grow a thriving entertainment district supporting small businesses, arts, restaurants, and neighbors.
This deal represents a significant investment by both MSE and District taxpayers in the future of our city. It sends a strong message that DC is where people want to be. And with today’s renewed partnership, Washingtonians are going to get to witness Ovie break the all-time scoring record right here in DC. And we’re going to follow the Wizards’ rebuild in the same arena where we cheered for every Gilbert Arenas buzzer beater and John Wall’s unmatched speed, skill, and passion.
I want to thank Mr. Leonsis, Chairman Mendelson, and Mayor Bowser for their hard work to get to today.”
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