Commanders Stadium Deal: Private Equity, Public Robbery
After years of disappointment, the Washington Commanders finally had a decent season — and Mayor Bowser wasted no time in rewarding them. Today, she rolled out the red carpet for billionaire private equity baron Josh Harris, offering a jaw-dropping $1 billion-plus taxpayer giveaway to move the team back to RFK Stadium. Never mind that the city is already staring down a massive budget shortfall thanks to Congressional gridlock. And never mind that just last year, DC handed half a billion dollars to Monumental Sports for Capital One Arena.
Taxpayers Increasing Investments for Foreign Wealth Funds Disguised through Private Equity
Do you know that your favorite sports teams owners have ties to sovereign wealth funds run by countries with abysmal…
#MonumentalDisaster Campaign is a Monumental Victory
On December 13th, Sports Fans Coalition, in partnership with the National Consumers League launched the #MonumentalDisaster campaign to oppose the publicly financed…
Sports Fans Coalition Statement on #MonumentalDisaster being excluded from the VA budget bill
"Every sports fan loves an underdog story, and today is no exception. Sports Fans Coalition applauds the Virginia General Assembly budget conferees for not including any language regarding the Monumental Sports…
Youngkin’s Fumbled Arena Plan Shines Light on Sportswashing
In December of last year, Virginia Governor Glenn Youngkin (R) surprised all of the Commonwealth with a “half-baked” scheme to bring the Capitals and Wizards,
Open Letter to Virginia Lawmakers: Oppose Wizards/Caps Stadium Deal
Today, lawmakers and Monumental Sports announced a stadium deal to bring the Washington Capitals and the Washington Wizards to Potomac Yard, Alexandria…