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D.C. Mayor announces proposal to keep the Wizards and Capitals at Capital One Arena

Talk about a soap opera unfolding in front of our eyes!

Just two hours ago, it seemed like Monumental Sports & Entertainment was about to move the Washington Wizards and Capitals out to Alexandria, Va. A press conference will be out tomorrow at 9 a.m. ET regarding that.

But I at least knew that the D.C. government wasn’t going to let the teams leave without a fight. Washington, D.C. Mayor Muriel Bowser released a plan where the District would provide $500 million of an $800 million total package to renovate Capital One Arena. You can read the release below.