Leonsis Weighs Wizards, Capitals Move; MD Relocation Unlikely Despite DC's $500M Bid
March 22, 2024
- Ted Leonsis is considering relocating the Washington Wizards and Capitals. 
- Leonsis's initial plans for a Virginia move have encountered obstacles. 
- Maryland, through Governor Wes Moore, is in talks with Leonsis but has not yet proposed an incentive deal. 
- D.C. Mayor Muriel E. Bowser has offered $500 million in public funds to retain the teams in the district. 
- Despite discussions, a move to Maryland is not imminent. 
- Leonsis had previously announced a $2 billion development plan in Virginia, yet the teams' future location is still in flux. 
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