The Washington Capitals (often shortened to Caps) are a professional ice hockey team based in Washington, D.C. They are members of the Metropolitan Division of the Eastern Conference of the National Hockey League (NHL). Since their founding in 1974, the Capitals have won one conference championship (in 1998), and nine division titles. In 1997, the team moved their home ice hockey rink from the suburban Capital Centre (located in Landover, Maryland) to the new Verizon Center in Washington, D.C.Businessman Ted Leonsis has owned the team since 1999, and has revitalized the franchise by drafting star players such as Alexander Ovechkin, Nicklas BÃÂ¤ckstrÃÂ¶m, and Mike Green. The 2009Ã¢??10 Capitals won the franchise's first-ever Presidents' Trophy for being the team with the most points at the end of the regular season. They won it a second time in 2015Ã¢??16.