I was just updated, and I'm shocked, depressed, felling terrible, even nauseous.
- Thread starter dvirc218
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Yeah, thanks to an extent it did, but I still don't understand why the land where ARCO is itself is apparently unsuitable for other development in some type of land swap deal? I think the area where ARCO is now is pretty well built up already and a perfect area for some sort of entertainment development. I think whatever company is offered a chance to improve that area and turns it down is making a HUGE mistake. If an idea like that dies and the Kings leave town a huge opportunity goes down the drain IMO. Even Kings aside.
True, but unemployment rate near 15% and Nevada being #1 in the nation in home foreclosures does paint a not so nice picture for their residents. So any team moving there would be banking on tourism (gamblers) for their main source of fans. Fans that largely come from elsewhere like Socal. They are there to gamble and maybe take in a show. So any pro team has to compete against the hotel shows. Typically a ticket for that is cheaper than the NBA average ticket. Plus they tie in meals and often comp high rollers. Shows are tough competiton and onsite in the casinos. The deal is that casinos want you to walk in the door from the airport and spend your entire trip there. When you leave they want all your money and then send you back to the airport. The NBA is distraction from this plan. Unless some high rollers want to go watch who they are betting on then... whoops!
I just heard the news about the arena...I’ve been so excited to see something happen with the kings, hopeful that CalExpo could be the location but this news just makes me sick.
Why is this so hard? No seriously? This should have been done long ago. What is the city waiting for? Are they waiting for the Maloofs/the Kings to say “bye” and hopefully wait another 100 years to bring another team here. Or are they just waiting for the team to leave and then say “See, I told you. They were going to leave anyway. What a bunch of liars, they were never truthful with us.”
What part of a new arena don’t they understand? This isn’t just for the Kings (which by the way, they don’t even play 82 games in the Sacrament area). This is an arena for concerts, ice skating, shows, the circus, etc. The kings is just a minor part of the bigger picture. Arco (as much as I love the arena) is old and has issues and we desperately need something new. And from what I’ve heard there have been numerous artists that haven’t performed in Sacramento because the place is old and has problems.
Do these people not see the potential of what a new arena can do for Sacramento. It will give people jobs, bring new business – such as restaurants, some clubs, some life into our city. It will stimulate economy by also helping out other businesses in the area. Whether people like it or not, we should be moving forward, not backward and if there isn’t a arena that’s built and the Maloofs decide to move the team – if people are worried about the economy now – I see Sacramento taking one huge hit (and not in a good way).
Anybody know what’s going on with the railyards? Downtown would also be a great spot for it.
I’m seriously ready to do something, I wish I knew a way to get out there…I want to see us build a arena. I also would love to see a football team here but we’re never going to see that if we can’t even get the arena deal done.
Why is this so hard? No seriously? This should have been done long ago. What is the city waiting for? Are they waiting for the Maloofs/the Kings to say “bye” and hopefully wait another 100 years to bring another team here. Or are they just waiting for the team to leave and then say “See, I told you. They were going to leave anyway. What a bunch of liars, they were never truthful with us.”
What part of a new arena don’t they understand? This isn’t just for the Kings (which by the way, they don’t even play 82 games in the Sacrament area). This is an arena for concerts, ice skating, shows, the circus, etc. The kings is just a minor part of the bigger picture. Arco (as much as I love the arena) is old and has issues and we desperately need something new. And from what I’ve heard there have been numerous artists that haven’t performed in Sacramento because the place is old and has problems.
Do these people not see the potential of what a new arena can do for Sacramento. It will give people jobs, bring new business – such as restaurants, some clubs, some life into our city. It will stimulate economy by also helping out other businesses in the area. Whether people like it or not, we should be moving forward, not backward and if there isn’t a arena that’s built and the Maloofs decide to move the team – if people are worried about the economy now – I see Sacramento taking one huge hit (and not in a good way).
Anybody know what’s going on with the railyards? Downtown would also be a great spot for it.
I’m seriously ready to do something, I wish I knew a way to get out there…I want to see us build a arena. I also would love to see a football team here but we’re never going to see that if we can’t even get the arena deal done.
That's a ridiculous example. Many underwater homes have loans that reset the interest rate after 5 or 7 years or even worse, start paying principal after 5 or 7 years. That means the monthly payment balloons.
In any case, Vegas is in SORRY shape and they won't be getting a pro franchise anytime soon.
In any case, Vegas is in SORRY shape and they won't be getting a pro franchise anytime soon.
5 people enter a bar. "We should get a pitcher of beer!" says one.
"Yeah!" said the rest.
You see, they had only 11 dollars between them and needed every last cent.
Then they argued about what type of beer they should get until there were 20 minutes left till closing.
Some people aren't going to get what they want, but if they would just make a small sacrifice they still win at the end of the night.
"Yeah!" said the rest.
You see, they had only 11 dollars between them and needed every last cent.
Then they argued about what type of beer they should get until there were 20 minutes left till closing.
Some people aren't going to get what they want, but if they would just make a small sacrifice they still win at the end of the night.
Correct. For folks with a fixed-rate loan, being underwater doesn't matter at all if you are living there long term. Just like paying rent - you have a fixed payment to live somewhere and the value really doesn't matter short-term.
Those that have the ARMs typically bought more home than they could afford to begin with. They are good for some folks but have been way overused and we are seeing the results of that now.
We had an ARM at our last house, but that was because we knew we were moving before the reset and we could save some $$$ that way.
Those that have the ARMs typically bought more home than they could afford to begin with. They are good for some folks but have been way overused and we are seeing the results of that now.
We had an ARM at our last house, but that was because we knew we were moving before the reset and we could save some $$$ that way.
I was watching Knicks - Wolves game yesterday and the reporter was talking about the Kings at some point. He said that some company that was supposed to build new Arena eventually won't do it, so if nothing comes up in the following months, Kings will most likely move to another city next season. That really makes me sad... I mean, any situation that puts Kings outside of Sacramento is just sad to me, because I personally think that this town is part of Kings identity. Not so long ago we kept hearing that Sacramento has the best and the loudest audience in the NBA. That kind of passion brought some number of us from Europe to start loving this team and this city. If they leave, I just won't be able to cheer for them anymore. At least not with the same feeling. Maybe it sounds little pathetic, but it's true.
We don't really have situations like this in Europe, at least not often. Even when it comes to that, fans of that team start massive campaign to save their team, they make banners for the games, they make peaceful protests in the city, etc. I really hope to see some banners and some chanting when they play in Arco this season, because government of Sac town needs to know that people really want to have this team over there!
Listen to this atmosphere... that's what I am talking about
We don't really have situations like this in Europe, at least not often. Even when it comes to that, fans of that team start massive campaign to save their team, they make banners for the games, they make peaceful protests in the city, etc. I really hope to see some banners and some chanting when they play in Arco this season, because government of Sac town needs to know that people really want to have this team over there!
Listen to this atmosphere... that's what I am talking about
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I wouldn't give too much creedence to what some reporter somewhere is saying. I find most reporters, sports writers, etc. that don't really know the team or Sac, quite often report rumors as fact, get facts wrong or haven't a clue.
The "company" that was supposed to build the arena, won't do it part, is not accurate. A recent arena proposal fell apart, but the same development team is trying to revamp the proposal by the end of October. If that doesn't work, the city may revive the competing proposals from other developers.
Could the team move next year? Absolutely, the situation is dire for Sacramento. Ten years of multiple failed attempts to build a new arena brings us close to losing the team. I can see it happening next year (11/12), certainly no later than for the 12/13 season.
California is a very hard place to get a sports venue built. The San Diego Chargers aren't having success, so far and Los Angeles doesn't even have a pro football team anymore and won't get one without a new stadium. It doesn't help that Sacramento has been hit especially hard by the bad economy.
The "company" that was supposed to build the arena, won't do it part, is not accurate. A recent arena proposal fell apart, but the same development team is trying to revamp the proposal by the end of October. If that doesn't work, the city may revive the competing proposals from other developers.
Could the team move next year? Absolutely, the situation is dire for Sacramento. Ten years of multiple failed attempts to build a new arena brings us close to losing the team. I can see it happening next year (11/12), certainly no later than for the 12/13 season.
California is a very hard place to get a sports venue built. The San Diego Chargers aren't having success, so far and Los Angeles doesn't even have a pro football team anymore and won't get one without a new stadium. It doesn't help that Sacramento has been hit especially hard by the bad economy.
Yeah, the utter chaos which is the European/FIBA club system drives me absolutely bonkers as a rule, but one place where there is a real advantage is the absolute unquestioned loyalty of the clubs/cities/fans to each other. There is some of that in the U.S. -- go try to buy the Boston Red Sox and move them out of Boston for instance and see what happens..to you, your family, and probably your dog for that matter. But the very power of the NBA brand means that its already permeated the other markets where the team might move and paved the way, and if it does move it will instantly have a huge fanbase there as well.
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@Kennadog - Well, the reporter was basically reading a few NBA news, probably from NBA.COM or some other relevant sites and Kings were one of the topics. He did say something close to you, but I just didn't write it that way, little because of language barrier and little because I'm lazy 
But my main points are true - recent arena proposal fell apart and moving out of Sacramento is very possible scenario.
I guess I just have to wait and see what happens, but again, I really hope that solution for new arena can be found.
But my main points are true - recent arena proposal fell apart and moving out of Sacramento is very possible scenario. I guess I just have to wait and see what happens, but again, I really hope that solution for new arena can be found.
Four months ago, Santa Clara voters approved a $937M venue for the 49ers. Even though there's no guarantee that they'd play in it, it was barely opposed, and easily passed. The argument in favor was that it'd bring jobs and money into the area, despite the fact that the NFL schedule is very sparse, and that football arenas aren't so great for other sorts of events. Heck, I voted for it, and I haven't watched an entire pro football game since Stabler, Bradshaw and Staubach were rivals. I realize that the economy here is less bad than in Sac, yet I still find the difference on this point to be baffling.
I would be very surprised if the Kings move to Anaheim. Orange County is 90%+ Lakers fans and the balance are Clippers fans. Three teams within 40 miles from each other is too "crowded." I just don't see it working. The greater Inland Empire (San Bernardino and Riverside Counties) is only 20-30 minutes away from Anaheim and that is also all Lakers territory. I haven't heard anything about San Diego being a potential designation for the Kings. I know the Sports Arena next to Sea World is worse than Arco and the university arenas are small for the NBA's standards. The city would need a new arena but the folks down there will not pay taxes for one. The San Diego/Tijuana area would be a pretty big market.
