Breton: City's passion not problem in arena issue

VF21

Super Moderator Emeritus
SME
#1
http://www.sacbee.com/351/story/128798.html

Marcos Bretón: City's passion not problem in arena issue
By Marcos Bretón - Bee Columnist
Published 12:00 am PST Sunday, February 25, 2007


Thousands lined the streets of Sacramento a few days ago just to watch professional cyclists on a weekday, proving once again how passionate this city is about sports.

That passion is as much vice as virtue, a source of strength and a weakness inviting to be exploited by greedy men.

There is, in fact, a connection between biker dude adulation and the capital city facing a looming threat of losing the Kings.

It's all part of the same story, a story of a rising sports market in Sacramento and a high-priced shell game for a new Kings arena. It's a saga shaped by the yearning of a city for sporting events of its very own.

Sacramento throws its heart and its money behind any number of events -- making it a place the NBA wants to be despite suggestions to the contrary.

There was the Triple-A All-Star Game in 2005, which drew roughly 14,000. Or the exhibition soccer game between two Mexican teams last summer that jammed Raley Field despite almost no publicity in the English-language media.

There were 20,000 or more fans over several days at dusty Hornet Stadium for the 2000 and 2004 U.S. Olympic Track and Field Trials -- the two most successful track trials ever held. There are the River Cats, the best minor-league team in America. And Arco Arena endures as a house of passion compared to dead NBA arenas sprinkled throughout the league.

"The potential of Sacramento as a sports market only gets bigger," said John McCasey, executive director of the Sacramento Sports Commission.

Sacramento's leg of the Tour of California did much to prove McCasey's point last Tuesday. And it inspired an idea whose time has come:

If a deal for a new arena can't get done while the current Kings owners are involved, perhaps they should sell the team. Perhaps they should deal the Kings to an ownership group interested in investing in a new arena in Sacramento while they pursue an expansion franchise in Las Vegas.

It's not really all that far-fetched. Based on failed arena deals of recent months, the Maloofs don't want to invest any of their own money in the actual construction of one in Sacramento.

They'll pay their rent, put money toward repairs -- they'll obviously pay to run the thing -- but that's it.

Maybe NBA Commissioner David Stern can change their minds. Maybe he can't.

Or maybe George Maloof -- the Vegas casino titan and by far the smartest Maloof sibling of all -- is right as usual.

He told The Bee's Mary Lynne Vellinga last week that his family couldn't rule out an eventual move away from Sacramento if Stern's recent intervention in the arena process doesn't work.

"I would say anything is a possibility," he said. "That's not our intention, though. ... (Sacramento) is a good market, a team should be there. It's just a tough situation."

Exactly. Maybe the problem here is not the marriage between the Kings and Sacramento.

Maybe it's the marriage between Sacramento and the Maloofs.

Before some of you begin screaming, please get a grip.

If there materializes a plan to make an arena happen with the Maloofs as real partners as opposed to symbolic ones, the prediction here is that people would embrace it.

Are you kidding? Locals turn out to watch little cycling dudes pedal fast in cute colored shirts. The Maloofs would be cheered from Fresno to the Oregon border.

But maybe they'll continue denying money toward arena construction and Stern won't be able to make up the difference. That's been the crux of this arena problem all along when you strip away all the rhetoric.

Maybe Stern ends up tapping the Maloofs' Vegas know-how for a new Maloof-owned team in Sin City while finding new owners for the Kings.

As they say in sports, business is business.

About the writer: Reach Marcos Bretón at (916) 321-1096 or mbreton@sacbee.com.
 
#2
Weird, I wonder who else has noticed this, and stated it in another thread. Props to me. I maintain that the Maloofs will end up with the Grizz in Las Vegas.
 
#4
Wishful thinking on Breton's part. You just can't find the deep pockets willing to put up the approx 400 million to buy the Kings then turn around and spend hundreds of millions to finance a new arena. Only Bill Gates has that kind of money. There is no billionaire coming to the rescue. Either the city commits to it's future with a new arena or we lose out. Articles like this just put a false impression in people's minds that the impossible is bankable - it isn't. Build the arena or turn your backs.
 
#5
Very well put

Wishful thinking on Breton's part. You just can't find the deep pockets willing to put up the approx 400 million to buy the Kings then turn around and spend hundreds of millions to finance a new arena. Only Bill Gates has that kind of money. There is no billionaire coming to the rescue. Either the city commits to it's future with a new arena or we lose out. Articles like this just put a false impression in people's minds that the impossible is bankable - it isn't. Build the arena or turn your backs.
I still say people are taking this far too personally. There's no local public will to publicly fund an arena, and there's no local corporations with the resources or desire to do it either.

Sports fans? Sure. As Marcos says, there are PLENTY of fans around here. And, by and large, their pockets are empty; they don't want to spend money.

I went to see the finish of this race, with about 20,000 other people. Had they been charging $10 to get in (ignore for the time being how impractical that would be), there'd have been 1/10 as many people there. I am a HUGE bike race fan, but I wouldn't spend $10 to get in.

Off-topic: I plan to vote for the flood-abatement assessment. That's a great investment. The moral here is that I will spend money when the project appears to benefit the public as a whole, but when it's simply to build a business for someone else, I won't vote for it.
 
#6
Wishful thinking on Breton's part. You just can't find the deep pockets willing to put up the approx 400 million to buy the Kings then turn around and spend hundreds of millions to finance a new arena. Only Bill Gates has that kind of money. There is no billionaire coming to the rescue. Either the city commits to it's future with a new arena or we lose out. Articles like this just put a false impression in people's minds that the impossible is bankable - it isn't. Build the arena or turn your backs.

I agree with you. Why would new owners be any more likely to want to pay for an arena themselves than the Maloofs are?? The simple truth is that there are many cities out there that would be willing to pay for an arena to have a professional basketball team. Heck, Kansas City has a brand new arena just waiting for a team. Why would anyone chose to spend hundreds of millions of dollars for something they could get for free??
 
#7
I still say people are taking this far too personally. There's no local public will to publicly fund an arena, and there's no local corporations with the resources or desire to do it either.

Sports fans? Sure. As Marcos says, there are PLENTY of fans around here. And, by and large, their pockets are empty; they don't want to spend money.

I went to see the finish of this race, with about 20,000 other people. Had they been charging $10 to get in (ignore for the time being how impractical that would be), there'd have been 1/10 as many people there. I am a HUGE bike race fan, but I wouldn't spend $10 to get in.

Off-topic: I plan to vote for the flood-abatement assessment. That's a great investment. The moral here is that I will spend money when the project appears to benefit the public as a whole, but when it's simply to build a business for someone else, I won't vote for it.
If everyone in Sacramento agrees with you, then it's over right now. Just go find something else to do because nobody likes to watch something wonderful die off.
 
#8
The moral here is that I will spend money when the project appears to benefit the public as a whole, but when it's simply to build a business for someone else, I won't vote for it.

How much should the public be willing to spend so that our toddlers do not have to drive out of town to see the Wiggles when Arco is no longer safe?
 

Warhawk

Give blood and save a life!
Staff member
#9
How much should the public be willing to spend so that our toddlers do not have to drive out of town to see the Wiggles when Arco is no longer safe?
Or the circus, or concerts, or high school/college basketball championships, or Monster trucks, or rodeos, or ....
 
#10
I agree with you. Why would new owners be any more likely to want to pay for an arena themselves than the Maloofs are?? The simple truth is that there are many cities out there that would be willing to pay for an arena to have a professional basketball team. Heck, Kansas City has a brand new arena just waiting for a team. Why would anyone chose to spend hundreds of millions of dollars for something they could get for free??

It's not about new owners paying for the arena. New owners might have a chance to get a referendum passed. The vote in November was about the Maloofs. We can argue for years whether they were justified or not, but their public actions (and persona) absolutely torpedoed that deal. New owners have a fresh start and better chance of passing a tax increase by simply being someone other than the Maloofs.
 
#11
Who are these new owners? Most of the people seeking ownership of teams have made no secret of their wish to move them. If people are hung up on the Maloofs as owners, then they are the ones with issues. Despite all the flaws of the Maloofs, they are light years better than either Jim Thomas or Gregg Lukenbill. As far as team owners in the NBA, the Maloofs are closer to the top then the bottom as far as investing in their team and community.
 
#16
http://www.teammarketing.com/fci.cfm?page=fci_nba_05-06.cfm

Interesting to note the average premium ticket for a Kings game back last season was more than the average premium ticket for a Laker game...
Its hardly surprising, tho. In LA you get mega bucks from TV rights, luxury suites and corporate money. Sacramento has to generate the money primarily from the average fan or keep seats cheap and not be able to ever afford a competitive team.

The Maloof's cut team salary steadily to get under the luxury cap (done when Skinner was traded), so they could hold ticket prices this last season, finally. But I'm sure its not an option to them to make seats so cheap, they can't afford a competitive team.

The Maloofs were stuck with, by far, the worst TV contract in the league when they took over. They were finally able to negotiate a better deal a couple of years ago, but I don't think it was a great deal.

If the get a new arena, that should ease the cash flow some, unless they have to take on a large debt with big payments (a lot of private debt). It doesn't mean ticket prices will go down, but more luxury boxes and an arena that can handle big ticket entertainment that will no longer come to Arco, should help financially.
 
Last edited: