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Notes: Monumental posts, then deletes, false claims about Potomac Yard arena project

Good Wednesday morning, Alexandria!

🌧️ Today’s weather: Expect rain to start after 1pm, with patchy fog clearing by 8am and a high of 57°F. East winds will range from 3-7 mph, and there is a 90% chance of precipitation, potentially accumulating between a tenth and a quarter-inch. Rain is likely to continue until 1am on Wednesday night, bringing temperatures down to around 50°F and a 9 mph north wind. The precipitation chance is 80%, with potential amounts between a quarter and half-inch.

🚨 You need to know

Monumental Sports President Ted Leonsis, Dec. 13, 2023 (staff photo by James Cullum)

Monumental Sports and Entertainment posted, and then deleted, claims on social media that turned out to be untrue, WUSA9 reported.

A page called Monumental Opportunity shared the following message on social media:

You’ll see that this project has by far the highest percentage of private funding, the lowest amount of upfront state cash, and of course, this is the first time that any locality has had the chance to bring in two major league franchises at one time. #MonumentalOpportunity

However, WUSA9 did some fact-checking and found that 2/3 of the claims in that post are untrue.

WUSA9 noted that Stan Kroenke, owner of the Los Angeles Rams, paid all of the $5 billion in construction costs of SoFi Stadium in Inglewood, California, with a tax incentive to offset the cost of infrastructure improvements if the stadium generates more than $25 million in a given year.

WUSA9 also found four other stadiums that were constructed recently without the use of public funds.

The news station also noted that not only would the Potomac Yard arena not be the first time two teams came to a new city — the SoFi Stadium drew in both the Saint Louis Rams and the San Diego Chargers — but it isn’t even the first time the Capitals and Wizards have moved to a new arena in a new city together. Both teams played in Landover, Maryland, before Capital One Arena opened in 1997, WUSA9 reported.

The post has since been taken down.

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