Greater Washington Board of Trade Establishes the Regional Sports Council

Washington, DC:  May 18, 2022 – This is an exciting time for professional sports in our region, and the Greater Washington Board of Trade, in partnership with Grant Thornton, announces the establishment of the Regional Sports Council (RSC) composed of the region’s professional teams. The Council will 1) examine the economic and community impacts of professional sports franchises across the region 2) work to improve the operational environment for these franchises.

The Council’s launch will take place on May 23rd at the Ronald Reagan International Trade Center, as part of the Board of Trade’s Morning Star Series presented by TD Bank. This event, featuring a moderated Q&A panel with the business leaders from the Washington Commanders, Washington Nationals, Monumental Sports & Entertainment (Washington Mystics, Washington Wizards, Washington Capitals), and D.C. United, is open to Board of Trade membership, invited guests, and members of the media with limited availability for seating.

“Our teams are firmly on the national stage and are getting the recognition they so richly deserve. Not only is our region a growing hotbed for innovation and technology as well as host for the federal government, but we are also a world-class sports destination,” said Jack McDougle, President and CEO of the Greater Washington Board of Trade. “This Council recognizes the importance of professional sports to our economy and communities, providing an opportunity to further support and build this vital industry sector.”

The Regional Sports Council will examine the positive impacts of professional sports on job creation, economic development, small business creation and support, inclusive growth, tax revenues, community building, tourism, and more.

The Council will also work with the business community to accomplish broader regional objectives in areas such as transportation, transit and infrastructure, wage parity and growth, increasing supplier diversity, and elevating localized vendors.

About the Greater Washington Board of Trade:
The Greater Washington Board of Trade, a member driven business organization, provides connections, advocacy, analysis, and programs to elevate the business community and improve member businesses. Pro-business and non-partisan, the Board of Trade addresses business concerns that stretch across the District of Columbia, suburban Maryland, and Northern Virginia, with a priority focus on building a skilled workforce, enhancing innovation, attracting investment, and fostering regional collaboration. This work is backed by a diverse membership, sound analysis and more than 130 years of experience. Learn more at www.bot.org or follow @GWBoardofTrade on Twitter.

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