Sports arena in Northern Virginia is a lose-lose proposition for all Virginia taxpayers

It might seem a bit presumptuous for someone who lives in Northern Virginia to try to explain to taxpayers of Southside and Southwest why building a sports arena in Alexandria is bad deal for them. But I think it’s important to explain why everyone in Virginia should be opposed to this deal regardless of where they live.

You probably have heard that Gov. Glenn Youngkin wants to commit close to $1.5 billion in state financing to entice Ted Leonsis, the billionaire owner of the Washington Capitals and Wizards, to relocate his teams from D.C. to Alexandria’s Potomac Yard. You certainly might be wondering why such a short move makes any sense at all from a financial or transportation perspective (Hint: It doesn’t), or why a lot of residents of my hometown are strongly opposed to this deal too (Hint: traffic and other quality-of-life impacts).

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