News is learning that a major announcement is expected Monday about the ownership of Capital One Arena in D.C.'s Chinatown neighborhood.

D.C. Mayor Muriel Bowser has submitted a new bill to the D.C. Council to transfer ownership of Capital One Arena, home of the Washington Capitals and Wizards, to the city, WTOP has learned.

More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington Capitals and Wizards in DC, the full details of their agreement have been made public.