Anonymous
Post 12/18/2024 08:47     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:Since this seems to have fallen off the radar,

https://russianmachineneverbreaks.com/2024/12/17/dc-council-approves-capital-one-arena-legislation-ted-leonsis-capitals/

First, the District government is purchasing Capital One Arena from MSE for $87.5 million. The venue will then be leased back to MSE, who will operate and maintain it, for about $2 million a year through 2050, with up to five four-year renewals beyond that.



This misses DC government’s obligation to invest $500 million in improvements. So in effect, DC is buying the Arena for $600 million and in return receiving $37 million in rent over 25 years. Which at that time there will be no residual value in the building.


Yes, that was the deal: The city was going to pour money into the building as a condition for keeping the team. That was, in fact, the city's ORIGINAL offer before Leonsis tried to move to Virginia, too. I think his whole dalliance with Youngkin wound up netting an extra $15 million in improvements over the offer he rejected.

All in all, I suspect $600 million is less than the District would have had to spend remaking that area/would have lost in various tax revenues if the teams had all moved out of the city.
Anonymous
Post 12/18/2024 08:44     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color


NP. Keep this same energy with a white politician


It is disturbing to see the pattern of who the Republicans go after with vitriol. National politicians, local politicians, presidents of universities. They reserve their "nasty", "trash" and "disgusting" descriptors for women and people of color. Double for women who are people of color.

I'm an old white guy from flyover America and this kind of talk is clearly a definitional element of the 21st century Republican party.
Anonymous
Post 12/18/2024 00:50     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:Since this seems to have fallen off the radar,

https://russianmachineneverbreaks.com/2024/12/17/dc-council-approves-capital-one-arena-legislation-ted-leonsis-capitals/

First, the District government is purchasing Capital One Arena from MSE for $87.5 million. The venue will then be leased back to MSE, who will operate and maintain it, for about $2 million a year through 2050, with up to five four-year renewals beyond that.



This misses DC government’s obligation to invest $500 million in improvements. So in effect, DC is buying the Arena for $600 million and in return receiving $37 million in rent over 25 years. Which at that time there will be no residual value in the building.

WTF. Who’s getting a kickback from this sorry negotiation.
Anonymous
Post 12/17/2024 22:52     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:Since this seems to have fallen off the radar,

https://russianmachineneverbreaks.com/2024/12/17/dc-council-approves-capital-one-arena-legislation-ted-leonsis-capitals/

First, the District government is purchasing Capital One Arena from MSE for $87.5 million. The venue will then be leased back to MSE, who will operate and maintain it, for about $2 million a year through 2050, with up to five four-year renewals beyond that.



This misses DC government’s obligation to invest $500 million in improvements. So in effect, DC is buying the Arena for $600 million and in return receiving $37 million in rent over 25 years. Which at that time there will be no residual value in the building.
Anonymous
Post 12/17/2024 20:02     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Since this seems to have fallen off the radar,

https://russianmachineneverbreaks.com/2024/12/17/dc-council-approves-capital-one-arena-legislation-ted-leonsis-capitals/

First, the District government is purchasing Capital One Arena from MSE for $87.5 million. The venue will then be leased back to MSE, who will operate and maintain it, for about $2 million a year through 2050, with up to five four-year renewals beyond that.


Anonymous
Post 07/16/2024 21:12     Subject: Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:


But some formerly background state senator got some new followers on social media. What’s hurting the states reputation when clap backs are invaluable?


The killing of the deal shows the state is well run. This was a very bad deal for Virginia.


100%


Haha ha

what a joke
Anonymous
Post 07/16/2024 17:58     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool he actually is.


FTFY. Sums up Youngkin's term.
Anonymous
Post 07/16/2024 12:07     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color


I'm a constituent of hers and no she's not.


Maybe you're trash too and don't even know it.


Not beating those racism allegations. Sorry my existence makes you angry.
Anonymous
Post 07/16/2024 11:53     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color


I'm a constituent of hers and no she's not.


Maybe you're trash too and don't even know it.
Anonymous
Post 07/16/2024 11:45     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color


I'm a constituent of hers and no she's not.
Anonymous
Post 07/16/2024 11:44     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color


NP. Keep this same energy with a white politician
Anonymous
Post 07/16/2024 11:39     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.


Shes absolute trash and it has nothing to do with her skin color
Anonymous
Post 07/16/2024 10:56     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Only saying this cuz she's a black woman and a democrat.
Anonymous
Post 07/16/2024 09:48     Subject: Re:Wizards and Caps could be moving to Potomac Yard

Anonymous wrote:
Anonymous wrote:Damn, she keeps flaying him. Brutal.



Such an immature classless thing to do, shows what a fool she actually is.


Apparently, she's still salty about the failure to legalize marijuana.
Anonymous
Post 07/16/2024 07:33     Subject: Wizards and Caps could be moving to Potomac Yard

Was Youngkin ever really in contention to be the VP? It sounded like it was always going to be one of Vance, Rubio, or the North Dakota guy. If anything Rubio would be the one with the crying face meme!