In a setback for the potential relocation of the NBA's Washington Wizards and NHL's Washington Capitals to northern Virginia, top Democrats in the Virginia Senate have decided not to docket the bill for a hearing. The move was prompted by serious reservations about the financing of the proposed deal.

Sen. L. Louise Lucas, the influential chair of the Senate Finance & Appropriations Committee, initially expressed concerns about the legislation negotiated by Republican Gov. Glenn Youngkin. She stated on social media that the bill was "not ready for prime time" and would not be given a hearing in her committee. As a result, the Senate version of the legislation was effectively terminated due to a procedural deadline this week.

However, it is worth noting that another bill is still progressing in the House of Delegates, which is also under Democratic control. Despite this glimmer of hope, Lucas and Senate Majority Leader Scott Surovell held a press conference on Monday where they criticized Gov. Youngkin's handling of the proposal.

Lucas pointed out that legislators were not sufficiently involved in the discussions about the teams' relocation to Alexandria. She raises concerns about the timing of the vote before a legislative economic development commission and questions why these discussions occurred just before outgoing lawmakers left the panel. Surovell echoed these concerns, expressing doubts about whether Gov. Youngkin is genuinely considering their priorities in the negotiations, such as recreational cannabis sales and a higher minimum wage.

Lucas further emphasized her objection to the financing plan, particularly the use of moral obligation bonds backed by the state and Alexandria. She warned that if the project revenues fall short, taxpayers could be held accountable. Lucas firmly stated, "As long as the full faith and credit of this Commonwealth is backing this project, my answer continues to be an absolute no."

Surovell revealed that Senate Democrats had explored alternative financing options but were informed that this aspect of the bill was non-negotiable. He also noted that the use of moral obligation bonds for economic development initiatives was unprecedented in Virginia.

Rob Damschen, communication director for Gov. Youngkin, expressed confidence that the Assembly would eventually come together to support the project, emphasizing its statewide benefits.

While the rejection of the legislation by the Senate Democrats is undoubtedly a setback, supporters of the Washington Wizards and Capitals relocation are hoping that the bill currently progressing in the House of Delegates can make headway. The fate of the proposed move now hangs in the balance, awaiting further legislative deliberation.