Wizards and Caps could be moving to Potomac Yard

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

Public Finance attorney here. SMH. Public finance directly involves legislative approvals (on municipal, state and sometimes federal level) so I’m good as far as lesson on politics are concerned. The more you post your nonsense the dumber you sound.

You just don’t understand the deal and don’t care enough to learn. That’s obvious. Own it.

You are so caught up with yourself that you are unable to comprehend that the someone can believe the deal is bad for Virginia, but also see that Lucas’ opposition is really rooted in her dislike for Youngkin, and she’s using her killing of the arena bill first and foremost as a political weapon against the Governor.

I hate to break it you, Counsel, but public financing isn’t all that hard for someone with half a brain to understand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

Public Finance attorney here. SMH. Public finance directly involves legislative approvals (on municipal, state and sometimes federal level) so I’m good as far as lesson on politics are concerned. The more you post your nonsense the dumber you sound.

You just don’t understand the deal and don’t care enough to learn. That’s obvious. Own it.

You are so caught up with yourself that you are unable to comprehend that the someone can believe the deal is bad for Virginia, but also see that Lucas’ opposition is really rooted in her dislike for Youngkin, and she’s using her killing of the arena bill first and foremost as a political weapon against the Governor.

I hate to break it you, Counsel, but public financing isn’t all that hard for someone with half a brain to understand.

You still don’t understand it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

Public Finance attorney here. SMH. Public finance directly involves legislative approvals (on municipal, state and sometimes federal level) so I’m good as far as lesson on politics are concerned. The more you post your nonsense the dumber you sound.

You just don’t understand the deal and don’t care enough to learn. That’s obvious. Own it.

You are so caught up with yourself that you are unable to comprehend that the someone can believe the deal is bad for Virginia, but also see that Lucas’ opposition is really rooted in her dislike for Youngkin, and she’s using her killing of the arena bill first and foremost as a political weapon against the Governor.

I hate to break it you, Counsel, but public financing isn’t all that hard for someone with half a brain to understand.

The numbers presented by Monumental have way too many contingencies and caveats to take seriously. So how do you do public financing when the root data is so flawed?

[Anonymous]

Anonymous wrote:Ted has a dilemma.

He seems to be doubling down on Virginia without doing the work with the legiislators, you know the people who actually write and pass the bills, and frankly at this point I don't know what he or Youngkin can offer, given the amount of support those who opposed this deal have been receiving.

DC has reiterated its $500M offer as of yesterday. So he has a bird in the hand.

Either way, he will have A LOT of work to do with the fans, many of whom, he has poisoned against himself, his son and Monumental in general.

His best option is to sell the teams to someone who actually cares about the teams, the fans and the region, but that isn't going to happen. His next best option is to come back to DC with hat in hand.

What he will do is try to force this through, further alienating people on both sides of the river.

+1,000,000
He's been doing an incredible job at losing goodwill with fans for many years. He doesn't give a hoot about any of the teams and only really cares about Ovechkin and #8's ego-boosting record chase. I wish he'd sell the teams to someone who knows what they're doing and doesn't use them as a vanity project.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

Public Finance attorney here. SMH. Public finance directly involves legislative approvals (on municipal, state and sometimes federal level) so I’m good as far as lesson on politics are concerned. The more you post your nonsense the dumber you sound.

You just don’t understand the deal and don’t care enough to learn. That’s obvious. Own it.

You are so caught up with yourself that you are unable to comprehend that the someone can believe the deal is bad for Virginia, but also see that Lucas’ opposition is really rooted in her dislike for Youngkin, and she’s using her killing of the arena bill first and foremost as a political weapon against the Governor.

I hate to break it you, Counsel, but public financing isn’t all that hard for someone with half a brain to understand.

The numbers presented by Monumental have way too many contingencies and caveats to take seriously. So how do you do public financing when the root data is so flawed?

Forgive me if I can take you seriously. This area is full of some of the most risk averse individuals I have ever met. People around here can barely decide which restaurant to eat at due to the unforeseeable outcomes.

[Anonymous]

Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

[Anonymous]

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

Attendance is down for the Caps. Their ticket sales people are pulling all sorts of gimmicks to entice customers.

[Anonymous]

So, I ask again. Is the PY deal really dead or “fake” dead.

VA politicos please provide a crash course on how this plays out from here in terms of either happening or not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

Attendance is down for the Caps. Their ticket sales people are pulling all sorts of gimmicks to entice customers.

It might carryover if they're able to change the experience. The Nationals were terrible when they moved to the district, but it was so fun to take kids to a brand new ballpark with playgrounds and misters and fun food, that the team didn't really matter much. They could build an experiential arena with lots of outdoor music and other features that would make it worth the trip.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

Attendance is down for the Caps. Their ticket sales people are pulling all sorts of gimmicks to entice customers.

It might carryover if they're able to change the experience. The Nationals were terrible when they moved to the district, but it was so fun to take kids to a brand new ballpark with playgrounds and misters and fun food, that the team didn't really matter much. They could build an experiential arena with lots of outdoor music and other features that would make it worth the trip.

The Nats were in a fundamentally different situation. Not comparable. The hockey fans that I know will not be going to games in PY. A fancy new arena carries little to no weight with us, particularly when the current arena (unlike RFK) is basically fine. And the transportation issue will deter us further, as it adds an extra hour plus to attending a game.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

of course they won't

MD and DC fans, many of them, will not take the extra hour of travel time to get to and from the games, particularly weeknight games
And the Wizards fans are almost all DC/MD so that will kill any attendance.

And the thing is, the projections from Monumental do not reflect that reality, hence why the numbers they use for their rosy projections do not stand objective scrutiny.

That is why the Senator killed the project; there is way too much liability for virginia taxpayers.

If it is a great deal and Ted is confident in his teams success, then he should be willing to finance the bonds on his own and not rely on the very "socialism" that Gov. Youngkin and the GOP profess to abhor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Step 1) Take the DC deal and get DC to put a huge security presence on game days in the arena area and metro. Say it was a mistake to move.

Step 2) Bring back the team name to the iconic Bullets. From an era and history that the team was well run and good.

I don’t know why Virginia would even want the teams. When you look in the rafters of the current arena it’s practically barren of meaningful franchise accomplishments. 1 half century old nba championship of a team with a different name and 1 Stanley cup in 50 years. Then the hilarious Mystics attendance leader banner. When number 8 retires in the immediate future there is zero reason to waste time on these teams that have boring names and poor loyalty. There is nothing interesting about the new project. It looks sterile and aesthetically boring while being hilariously right next to the Reagan National jet takeoff impact zone.

Total joke.

The Caps have been sold out for basically the last 15 years. The Wizards draw incredibly well for how putrid they have been since 1980.

Fans will come if you put a winning product on the floor.

Those attendance numbers will not carryover to PY for either the Caps or the Wizards.

Attendance is down for the Caps. Their ticket sales people are pulling all sorts of gimmicks to entice customers.

That has to do with on ice issues. The team is aging and in transition. That being said, there will be nothing but sellouts as Ovechkin gets even closer to the all time goals record.