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Wizards, Capitals Talks to Build New Arena in Virginia 'Will Not Move Forward'

The Washington Wizards and Washington Capitals will not relocate to Virginia.

The city of Alexandria said Wednesday that talks to move both the NBA and NHL franchises from Washington, D.C., to Virginia had "ended" and that the proposal to create a new arena for the teams "will not move forward," per Sarah Rankin and Matthew Barakat of the Associated Press.

Virginia House Speaker Don Scott was told by Alexandria Mayor Justin Wilson that Ted Leonsis, the majority owner of both franchises, was no longer considering relocation from Washington, D.C., per the Associated Press.

"We negotiated a framework for this opportunity in good faith and participated in the process in Richmond in a way that preserved our integrity.