Leonsis Weighs Wizards, Capitals Move; MD Relocation Unlikely Despite DC's $500M Bid
March 23, 2024![Leonsis Weighs Wizards, Capitals Move; MD Relocation Unlikely Despite DC's $500M Bid](https://cdn.brief.news/images/stories/2ee6682f9e425ea494ccea6bb6272f2d7801a894d0bd581addb997cb16f14017de5a06c5fd1c425819adc0487d5aa5d4c69b50e993c5289806461bd2b18286be.jpg)
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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