A major rumor has been going around this season concerning the possible relocation of the Washington Capitals.
We have an important update to report on the matter.
Major Update on the Washington Capitals' Relocation: The Bill to Fund a New Arena is Dead
Eric Flack, a reporter in Washington, shared that the bill to fund a new arena for the Caps is dead, meaning that the team should stay in the Capital One Arena.
Here's what he said:
"🚨 HUGE news from Richmond. Senate version of bill to fund new Capitals/Wizards arena in Alexandria dead. Senate Finance has no plans to move forward over concerns about taxpayer money, Gov Youngkin refusal to negotiate. House bill still alive but Senate Dems plan to vote it down"
Unless other plans with lower costs are unveiled, it would be surprising to see the Capitals move in the coming years.
Updates will follow.
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