Virginia
Virginia's multibillion-dollar plan to lure the Wizards and Capitals away from DC clears first hurdle in legislature
Legislation underpinning a plan to relocate the NBA’s Washington Wizards and NHL’s Washington Capitals across the Potomac River to northern Virginia easily cleared an early hurdle in the state legislature Friday.
Lawmakers on the Virginia House Appropriations Committee voted 17-3 to advance the measure, a top priority of Republican Gov. Glenn Youngkin, to the floor of the House of Delegates. Though the bill passed overwhelmingly, several senior Democratic legislators took care to say that their support for the measure at this point was in the interest of keeping negotiations over the deal going.
“This process is going to take the rest of our session at a minimum to enact or not enact this legislation,” Democratic Del. Mark Sickles of Fairfax County, who supported the bill, said before the committee vote.
The legislation could result in a legacy-defining project for Youngkin, a former college basketball player. Virginia is the nation’s most populous state without a major pro-sports franchise, something government officials of both parties over the course of decades have sought to change.
Youngkin and entrepreneur Ted Leonsis, an ultrawealthy former AOL executive and the CEO of the teams’ parent company, Monumental Sports and Entertainment, announced in December that they had reached an understanding on a deal to relocate the Capitals and Wizards.
The plan calls for the creation of a $2 billion development in the Potomac Yard section of Alexandria that would include an arena, practice facility and corporate headquarters for Monumental, plus a separate performing arts venue, all just miles from Capital One Arena, where the teams currently play in Washington.
Monumental and the city of Alexandria would put in upfront money under the terms of the deal, but about $1.5 billion would be financed through bonds issued by a governmental entity this year’s legislation would create.
The bonds would be repaid through a mix of revenues from the project, including a ticket tax, parking fees, concession taxes, income taxes levied on athletes performing at the arena, and naming rights from the district, among other sources. Proponents say those sources will more than cover the debt. But about a third of the financing would be backed by the “moral obligation” of the city and state governments, meaning taxpayers could be on the hook if the project revenues don’t come through as expected.
Critics of the project, including some who spoke against the bill Friday, asked why any tax subsidy was appropriate.
“This is a bad deal for every taxpayer in Virginia. We are saddling our children and grandchildren with 40 years of debt payments to help a billionaire get wealthier and wealthier,” said Andrew Macdonald, a former Alexandria city council member and an organizer of the Coalition to Stop the Arena at Potomac Yard, which held a rally on Capitol Square a day earlier.
The committee advanced a substitute version of the legislation that was initially introduced by Democratic Del. Luke Torian. It included a newly added provision that would require legislators to sign off on the deal again next year in order for the legislation to go into effect, something critics of the project cheered.
Monica Dixon, president of external affairs and chief administrative officer for Monumental, said the company was “very pleased” with Friday’s developments.
“We’ll take a look at it, but don’t expect we’ll have any major concerns,” Dixon said of the revised bill, which is likely to see further revisions as it goes through the legislative process.
Democratic legislative leaders, who control the General Assembly, have generally signaled openness or even optimism about the passage of the arena legislation this year. But they have stopped short of a full-throated endorsement of the project, both citing concerns still to be worked out and making clear the proposal is a bargaining chip in broader discussions about their own priorities.
Sen. L. Louise Lucas, who chairs the Senate finance committee, has said she wants consideration of increased public school funding, toll relief for her Hampton Roads region and legalized recreational cannabis sales in conjunction with the arena deal.
A Senate committee had at one point been expected to take up that chamber’s version of the bill on Thursday. But the hearing was delayed, and by Friday afternoon it was unclear when the bill might be heard ahead of Tuesday’s “crossover” deadline by which non-budget bills need to clear their chamber of origin.
Senate Majority Leader Scott Surovell, the sponsor of that chamber’s bill, said in a text message that his caucus is still working to reach consensus about changes to the legislation as introduced.
Many critics of the project have focused on the transportation impacts in an already congested part of Virginia.
The state released a transportation plan last week to address Alexandria residents’ concerns about traffic. Officials say they will commit $200 million to transportation improvements in the corridor, which is already seeing expanded use with a new Amazon headquarters and a new Virginia Tech campus under construction.
The plan seeks to have half of arena patrons arrive by transit, bike or walking and relies heavily on a newly built, $370 million Potomac Yard Metro station. But plan data shows that the station, as currently configured, would be overwhelmed at peak hours on game nights with “extreme crowding” lasting for 60 to 90 minutes.
The plan estimates that improvements to the station and increased service could reduce crowding to 30 to 45 minutes.
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Barakat reported from Falls Church, Virginia.
Virginia
Virginia bill targets vape shops that sell to underage buyers – WTOP News
Vape shops in Virginia that sell tobacco products to underage buyers could soon face real consequences after years in a legal gray area.
March 27, 2026 | Del. Patrick Hope speaks to WTOP’s Nick Ianelli on new legislation that would shut down vape shops that repeatedly sell products to underage buyers.
Vape shops in Virginia that sell tobacco products to underage buyers could soon face real consequences after years in a legal gray area.
Del. Patrick Hope of Northern Virginia told WTOP he hears from parents often that their children know which vape shops will sell to them — even though the law prohibits the sale of tobacco or vape products to anyone under 21.
“I’ve heard from parents and I know we’ve seen the proliferation of these vape shops. These liquid nicotine products have flooded our markets in recent years and there hasn’t been sufficient oversight or regulatory measures in place. And oftentimes these products are making their way in the hands of underage buyers,” Hope said.
A new bill passed by the General Assembly would set up an enforcement system targeting vape shops that repeatedly sell to people under 21. Hope said that if those shops continue to break the law, the state will shut them down.
Hope said a major problem has been a lack of information. “We just haven’t known who they are. Last year, we passed a law that required these vape shops to register with the Department of Tax, and only 52 actually sent in their registration.”
“We believe that there are close to 10,000 vape shops in the state and we want to make sure that we pull them under this regulatory scheme,” Hope added.
The bill directs the Virginia Alcoholic Beverage Control Authority, which already enforces alcohol sales laws, to hire inspectors for vape and tobacco shops. Once the bill is signed, Hope said he expects a quick rollout.
“Typically, bills in the General Assembly go into effect July of the year that they’re passed. We’ll have an educational program for a few months, but I would think that we would be operational probably by October. … I think they’ll be doing underage programs probably within the end of this year,” Hope said.
Hope said the legislation earned broad support in the Virginia General Assembly.
The bill now heads to Spanberger for her signature.
Thursday, Fairfax County police said a major drug investigation targeted multiple vape shops, including a dozen Tobacco King vape shops, that are accused of selling illegal items, ranging from drugs to synthetic urine, and laundering money.
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Virginia
State of Virginia takes new focus on clean energy
In light of Virginia Gov. Abigail Spanberger’s new cabinet nomination of Chief Energy Officer Josephus Allmond, 7News sits down with Senior Fellow of Thomas Jefferson Institute for Public Policy, Steve Haner, to explain how new energy policies will be impacting Virginians.
Haner spoke on the new direction Spanberger is taking by appointing Allmond and what it will mean for the Virginia Clean Economy Act, signed in 2020. Haner also expounds on how the administration is opposed to the use of natural gas and coal, and will be pushing for more wind and solar energy.
Virginia
How much to become Cinderella? Virginia’s March Madness run fueled in part by Reddit co-founder gift
Fairy tales aren’t real. But if they were, then No. 10 seed Virginia might be the closest thing the women’s NCAA Tournament has to a Cinderella. Playing the role of fairy godmother in this story would be Reddit co-founder, multimillionaire and 2005 Virginia alum Alexis Ohanian.
The Hoos have been the biggest surprise of the postseason — the first team to advance from the play-in round to the Sweet 16, and the only team left standing that was truly a bubble team on Selection Sunday. And yet, here they are, still dancing — with a matchup against No. 3 seed TCU on Saturday — and the prime example of what it looks like to build a program, and build quickly no less, during the NIL era.
Last season, Virginia was on the outside looking in during March Madness, its seventh year in a row without an NCAA Tournament bid. Coach Amaka Agugua-Hamilton was in her third year and slowly rebuilding the program after taking over a five-win program. The Hoos finished 2024-25 with a winning record for the first time in seven years, so there were signs of life, and athletic director Carla Williams was confident in the program’s direction. But in a college sports landscape where college football rules all — and with a Cavaliers football program in the middle of a rebuild as well (the Hoos won their first bowl game since 2018 this past season) — there’s only so much money to go around. Outside investment is key.
In today’s age, programs need catalysts — preferably one with many zeroes at the end. For Virginia women’s basketball, that was Ohanian, who poured lighter fluid all over this program in late 2024 with a “transformational” multiyear gift — per Sportico, it was more than three-quarters of a million dollars every year over the next four years — to the women’s basketball program intended to help “boost recruiting and retention.”
“It’s time to bring the nation’s best hoops talent to Charlottesville and win some championships in the next four years,” Ohanian said in a statement released by the university after his donation.
Money plays a bigger part than ever in the equation of winning in college sports. Either through revenue sharing or name, image and likeness deals, top talent gets top dollar. With a transfer portal that allows for immediate movement, there’s always another program that might offer more, and that’s not always the driver for player movement, but money is now a necessary factor in college sports.
Last season, in one of the most active transfer portal seasons yet, Virginia retained two of its top three players, Kymora Johnson and Paris Clark, while bringing in four players from the transfer portal who’ve become the top six players in the Hoos’ rotation this season.
“With Alexis, we were just so thankful for him coming in last year and helping us with some of our resources,” Agugua-Hamilton said. “It allowed us to recruit — allowed us to retain and attain. You need that, in this day and age, with the way collegiate athletics is moving. You have to have donors, you have to have support, you have to have financial resources in order to compete.”
Through this season, even with the financial resources boosting the Cavaliers, the benefits weren’t immediately translating onto the floor, ping-ponging between highs and lows before ending the season with a three-game skid.
Agugua-Hamilton knew progress would be slow. She had taken the UVA job ahead of the 2022-23 season after leading Missouri State to consecutive NCAA Tournaments, including the 2021 Sweet 16.
Many in her circle advised against the job. But Agugua-Hamilton, a Virginia native who grew up during the program’s heyday of Debbie Ryan’s mid-1990s stretch of deep tournament runs — believed in the program’s foundation. Virginia’s athletic director’s background as a college player and coach, as well as its affiliation in the ACC, were other selling points.
But her memories of Dawn Staley carrying the Hoos to Final Fours? Those were ancient history.
“Obviously, I knew it was a rebuild, and I was up for that task,” Agugua-Hamilton said. “I had to rebuild the culture, the players. I had to rebuild the community. There was not a fan base at that point. … We had to rebuild the resources, which we’re still doing. All of that stuff. We were so behind.
“But I never regretted my decision.”
The uphill battle got steeper as collegiate athletics went from collectives dominating NIL to the NCAA attempting to legislate to Congress’ involvement. Money wasn’t exactly pouring into Virginia women’s basketball’s slow rebuild.
Ryan, who now works in Virginia Athletics fundraising, knew money would be a part of the challenge.
“People aren’t used to giving money to women’s basketball, so a lot of them just don’t,” Ryan said.
Revenue sharing became the law of the land ahead of last season with donor money becoming a secondary source for roster building.
Ohanian had wanted to donate before, he has said, but the university wanted to wait for legislation to pass.
“As soon as that switch was flipped, and the judges ruled, I called up, I said, ‘Hey, I want to make UVA a contender, let me know what to do,’” he told Front Office Sports.
Virginia coach Amaka Agugua-Hamilton said Alexis Ohanian’s donation has been a game-changer for the program. (Courtesy of UVA Athletics)
After the Hoos’ home opener last season, Ohanian visited the locker room and told the team he planned to invest in them.
“I was just super grateful,” Agugua-Hamilton said. “He didn’t even know me before that. And he’s putting his belief in me to lead this program and also the players that we can recruit. He really believes in his school. He really believes in women’s basketball. So, I just felt honored that he felt that way.”
It wasn’t Ohanian’s first foray into women’s sports investment. He was the lead investor in Angel City FC and he’s a minority owner of Chelsea Women. He launched Athlos, an all-women pro track series and is bringing League One Volleyball to Los Angeles. He’s married to tennis legend Serena Williams, who, he said, actually tried to talk him out of investing in women’s sports because she had seen how broken the industry had been and didn’t think it could change.
“For decades, people have said to support women’s sports for society, for feminism,” Ohanian said in a recent Sports Illustrated Q&A. “But when you win with capitalism, you just drop the mic.”
Ohanian has been vocal about how these investments are smart financial moves, but his investment in Virginia women’s hoops signals a shift. There is no return on investment for a college basketball team that can be measured in a bottom line on a financial ledger. And Virginia women’s basketball isn’t going to appreciate in the same way professional women’s sports franchises have boomed in recent years.
So, Ohanian’s Virginia investment might not be a win for capitalism. But it’s a win for UVA women’s hoops. It’s not unlike how billionaire Mark Cuban helped transform Indiana football from Big Ten mediocrity into national champs. The Hoosiers committed to the right coach and put up the foundation first, but Cuban’s money helped secure and retain a roster that made Indiana elite. And then, the national title came.
Could that be the next step for Virginia? The Hoos are still dancing, and if they get past TCU on Saturday, they’ll have a date in the Elite Eight, most likely against South Carolina. Staley, who is one of four players who has her jersey retired at Virginia, built South Carolina into a national power during the pre-NIL era but has continued the program’s dominance, and as Agugua-Hamilton and Virginia chase those top-tier programs, they know they have all the pieces in place to do so, including crucially, the financial part.
“There are a lot of factors — having great coaching, coaches that care about the student-athletes and that the student-athletes want to play hard for, along with the resources to build the roster, those things are really important,” Carla Williams said. “Knowing that coach (Tony) Bennett and our men’s program won a national championship in 2019 pre-NIL, knowing that you can do that here at UVA, and understanding that committing to the rev share, committing to NIL, gives our basketball program a chance to compete at the highest level.”
The Hoos have been given the chance to compete at the highest level. Now, they must prove they can turn that into their own ROI.
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