D.C. to propose buying Capital One Arena from Monumental Sports
Briefly

from Bullets Forever3 months ago
The D.C. government proposes buying Capital One Arena for $87.5 million, aiming to enhance its ownership while ensuring Monumental Sports manages it and undertakes $515 million in upgrades.
Bullets Foreverhttps://www.bulletsforever.com/2024/10/21/24275575/dc-government-capital-one-arena-purchase-proposal-monumental-sports-entertainment
Owning the arena is not common for NBA and NHL teams, yet Monumental Sports' CEO, Ted Leonsis, highlights renovation costs as a potential pain point, emphasizing operational focus.
Bullets Foreverhttps://www.bulletsforever.com/2024/10/21/24275575/dc-government-capital-one-arena-purchase-proposal-monumental-sports-entertainment
Read at Bullets Forever
#dc-government #capital-one-arena #monumental-sports #sports-management #arena-ownership
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