Maloof Family Will Consider Moving Kings

#1
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#4
I think the Maloofs have tried for long enough with the Sac officials & public and it hasn't worked. At the end, the money problem is going to determine it. Whichever way they can get the most money will be the way they go. I don't know how much short they are for the $400 million loan payment. But basically it sounds like they have to give up either the Kings or the Palms.... or give up majority owner ship of both and just become a minority owner of both. Signs of the times even for rich folks.
 
#5
I think the Maloofs have tried for long enough with the Sac officials & public and it hasn't worked. At the end, the money problem is going to determine it. Whichever way they can get the most money will be the way they go. I don't know how much short they are for the $400 million loan payment. But basically it sounds like they have to give up either the Kings or the Palms.... or give up majority owner ship of both and just become a minority owner of both. Signs of the times even for rich folks.

They must have had a ton tied up with Madoff, they seem to be hurting more than any other owner in sports (that + the already bad situation in Sacramento).


If this is about the Anaheim article, that would be terrible. If they have to go, I'd love to see them move to San Jose or even SF (I know, fat chance). They could even do waht the W's did back in the day and be a touring team for a year (play games in Sac, SJ, Anaheim, even the cow palace and Vegas). The Bay Area supports two teams in the NFL and MLB, I see no reason why it can't support two NBA teams.
 
#6
While I would love the Kings to stay in Sacramento, I also think that you can't blame the Maloofs for checking all the possible locations to move their franchise to.
Of course you can't blame The Maloofs. If I were in their position I doubt I'd be as patient and loyal as they've been. Sacramento has had nearly a decade to work this out and as of this date, not so much as a single shovel has broken ground. At some point if you're The Maloofs you just have to accept that Sacramento just isn't progressive or ambitious enough to get a first class sports arena built.
 
#7
That doesn't really tell us anything we didn't know. At this point, I don't think anyone who has been paying attention for the last few years will be shocked if they move the team. I doubt they will file this year. I think they'll give it one more year but if an arena project isn't approved and financed sometime this year I fully expect them to file for relocation by this time next year.

That doesn’t leave much hope unless you’re a cockeyed optimist. There’s enough people who don’t care if The Kings move to sink any public financing attempt and it isn’t getting done without public money.

I hate to say it but this is probably our last year with The Kings in Sacramento. Then, just as Seattle fans did, we’ll get to watch as The Kings finally become relevant again, only in some other city.

It’s too bad that the league and most involved are so fixated on some super duper mega sports complex. Because despite what some would have you believe, a renovation of Arco arena is possible. The Warriors arena was renovated and it’s 20 years older than Arco, so spare me the “Arco can’t be renovated” malarkey. It could be and it would be cheaper, faster, and more likely to actually get done, but that’s another story.

I’m really not trying to sound negative here either, just realistic. We’re rapidly approaching the point of no return here and there isn’t a lot of promise that something will get done at this late hour. The “new” proposals are just rehashes of old proposals and still haven’t solved the key problem, financing.

I hope I’m proven wrong in the end and if anyone has a more positive spin at the moment, be my guest because I’d like to hear it!
 
#8
That doesn't really tell us anything we didn't know. At this point, I don't think anyone who has been paying attention for the last few years will be shocked if they move the team. I doubt they will file this year. I think they'll give it one more year but if an arena project isn't approved and financed sometime this year I fully expect them to file for relocation by this time next year.

That doesn’t leave much hope unless you’re a cockeyed optimist. There’s enough people who don’t care if The Kings move to sink any public financing attempt and it isn’t getting done without public money.

I hate to say it but this is probably our last year with The Kings in Sacramento. Then, just as Seattle fans did, we’ll get to watch as The Kings finally become relevant again, only in some other city.

It’s too bad that the league and most involved are so fixated on some super duper mega sports complex. Because despite what some would have you believe, a renovation of Arco arena is possible. The Warriors arena was renovated and it’s 20 years older than Arco, so spare me the “Arco can’t be renovated” malarkey. It could be and it would be cheaper, faster, and more likely to actually get done, but that’s another story.

I’m really not trying to sound negative here either, just realistic. We’re rapidly approaching the point of no return here and there isn’t a lot of promise that something will get done at this late hour. The “new” proposals are just rehashes of old proposals and still haven’t solved the key problem, financing.

I hope I’m proven wrong in the end and if anyone has a more positive spin at the moment, be my guest because I’d like to hear it!
Did you forget that Arco is privately owned by the Maloofs and Oakland is publicly owned? The public paid for the renovation down there. The Maloofs would be fools to borrow the cash to do all the repairs and upgrades required. And consider that the building would be shut down and not producing revenue for at least one year and likely longer. The cost to remodel would be far more than you are thinking. How do you widen the upper and lower concourses? Next time you are at the game, just look around there and figure out how to do that without knocking down the walls or ripping up the floor of the building and digging down. It needs way more than some nice new seating and fancy scoreboards.
 
#10
If Sacramento allows the Kings to move, they don't deserve to have a NBA franchise, or a Weinershnitzel franchise for that matter.
I'm hoping for Las Vegas. That way the Kings/Lakers rivalry will really take off.
 
#11
Did you forget that Arco is privately owned by the Maloofs and Oakland is publicly owned? The public paid for the renovation down there. The Maloofs would be fools to borrow the cash to do all the repairs and upgrades required. And consider that the building would be shut down and not producing revenue for at least one year and likely longer. The cost to remodel would be far more than you are thinking. How do you widen the upper and lower concourses? Next time you are at the game, just look around there and figure out how to do that without knocking down the walls or ripping up the floor of the building and digging down. It needs way more than some nice new seating and fancy scoreboards.
You're correct, yet the naysayers from Sac Bee and FOX 40's Facebook would disagree because:

1. ARCO Arena has "good bones" (according to an architect and not an engineer while speaking for a new Cal Expo site)

2. They hate the Maloofs, the Kings, anyone more successful in life than them, progression, sports, other forms of entertainment, etc.

3. Probably never visited another arena outside of Sacramento and seen what their arenas and downtowns are like

4. A new arena will not make the Kings better (got to love their theories)

I could go on but you get the idea.
 
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#12
Did you forget that Arco is privately owned by the Maloofs and Oakland is publicly owned? The public paid for the renovation down there. The Maloofs would be fools to borrow the cash to do all the repairs and upgrades required. And consider that the building would be shut down and not producing revenue for at least one year and likely longer. The cost to remodel would be far more than you are thinking. How do you widen the upper and lower concourses? Next time you are at the game, just look around there and figure out how to do that without knocking down the walls or ripping up the floor of the building and digging down. It needs way more than some nice new seating and fancy scoreboards.
None of that changes a retrofit being cheaper, faster, and more likely to actually get done. I'm not claiming a retrofit is a piece of cake or anything, but it's more likely to get done in a political climate like Sacramento than a brand new grandiose sports complex. If the city waived what the Maloofs owe, they could probably pay for a retrofit on their own or at least require a lot less public money which would make it an easier sell. It just seems more plausible to me than land swaps, developing railyards, etc.
 
#13
This article is mis leading. They only took part of the quote from Joe Maloof. Surprisingly the Bee tells the whole thing. Nothing really has changed.

"There is a sense of urgency because we've been at this for so long," he said from his cell phone. "We can't sugarcoat it. Everybody knows the region needs a new arena. When the NCAA (Tournament) is refusing to schedule events in Sac, you have to acknowledge that you need an entertainment venue. I can't give you a time table, but at some point, something has to get done. (Sacramento) mayor Kevin Johnson is working with four different groups, looking at four plans, and we're hoping something comes out of this. We want to be right here in Sacramento. We've always said that. It's been what? Eleven years? Rumors, rumors, rumors. I get tired of answering all these questions. Can't we just talk about how much better DeMarcus Cousins is getting?"


Read more: http://blogs.sacbee.com/sports/kings/archives/2011/01/maloofs-reitera.html#ixzz1Ak0D0Pds
Also, whats not mentioned in the fox report is they are about to sign a new contract for naming rights to the arena. That should mean they are not filing for relocation this year.
 

Warhawk

Give blood and save a life!
Staff member
#16
None of that changes a retrofit being cheaper, faster, and more likely to actually get done. I'm not claiming a retrofit is a piece of cake or anything, but it's more likely to get done in a political climate like Sacramento than a brand new grandiose sports complex. If the city waived what the Maloofs owe, they could probably pay for a retrofit on their own or at least require a lot less public money which would make it an easier sell. It just seems more plausible to me than land swaps, developing railyards, etc.
No, but you are ignoring the practicality of the situation. A remodel would shut down ARCO for months, maybe a year for a serious remodel. You can't work around that. Your building is generating no income. The Kings wouldn't be able to play there. Slapping on a coat of paint isn't a "remodel" - and like JB said, you would have to tear down the exterior walls to do it! It just isn't feasible. Wake up. Any remodel that doesn't improve the concourse (single), fan access, and number of amenities isn't worth doing. And that really just can't be done with ARCO. Not cheaply or easily.
 
#17
No, but you are ignoring the practicality of the situation. A remodel would shut down ARCO for months, maybe a year for a serious remodel. You can't work around that. Your building is generating no income. The Kings wouldn't be able to play there. Slapping on a coat of paint isn't a "remodel" - and like JB said, you would have to tear down the exterior walls to do it! It just isn't feasible. Wake up. Any remodel that doesn't improve the concourse (single), fan access, and number of amenities isn't worth doing. And that really just can't be done with ARCO. Not cheaply or easily.

To expand on this. If you've been to Arco and used the restrooms there is no way to remodel them to make them bigger. It's FUBAR at halftime trying to use them. It was a poor design from the start. I can't imagine how bad the sewer, pipes etc are under it all.
 
#18
It’s too bad that the league and most involved are so fixated on some super duper mega sports complex. Because despite what some would have you believe, a renovation of Arco arena is possible. The Warriors arena was renovated and it’s 20 years older than Arco, so spare me the “Arco can’t be renovated” malarkey. It could be and it would be cheaper, faster, and more likely to actually get done, but that’s another story.
This is the melarky and part of the myth that keeps people in Sacramento from realizing a new arena is needed.

The city consulted engineers regarding that possibility a long time ago. They also had consultants analyze the existing Arco. I've dug up those city reports before, but I'm not going to do it anymore, because evertyone just ignores them. It's like beating my head against a brick wall.

We're are not talking about a super-duper arena and its not just the Maloofs or the NBA. Remember, the NCAA doesn't even find it acceptable for a regional BB tournament. The Maloofs don't even want many more seats than the existing arena. They do need better seating and more lluxury boxes. Not many luxury boxes, but maybe the same as in San Antonio, a city similar to Sacramento in market size.

However, at least two concourses are needed (upper and lower) to ease ingress and egress. I can't imagine a full arena having a disaster stike without having countless people trampled to death in the panicked exodus. (I have to think the current arena practically violates fire code.) They need more kitchen space, a larger marshalling area, more loading docks, better locker rooms, more room for concessions, more restrooms, new an better ice-making equipment and a whole long list identified in the reports as inadequate.

The engineers examined Arco thoroughly and determined that the existing foundation could not support the the necessary expansion to make Arco a modern, viable arena for sports and entertainment. Foundations are designed to support a certain load. Arco was cheaply built. To "remodel" to the standards needed, you'd have to even tear out the foundation. It would almost assuredly take more money to rehab the existing arena structure, than to build a new one from the foundation up. (I work in the area of financing contstruction and rehabilitation. Believe me, I've seen rehab cost more than brand new.)

Next, the city has had at least two consultants examine Arco for viability more or less as it is, with no expansion. The report came back and listed all the things that the current Arco lacks (my list above was part of it). They concluded that Arco was near the to the end of economic viability. It may not be structurally falling down, but their conclusion was that it would soon be economically obsolete.

So rehab into an economically viable arena was not in the picture anymore. That's why, although there has been proposals to build on the same site, the idea of rehabbing the existing building has been out of the picture since those reorts were prepared.

The Palace of Auburn Hills was built the same year as Arco, It is still fine, becasue they could remodel it. However, the Palace was built at a cost of $80 million, while Arco was built for $40 million. The owners bought the team and built two arenas. Neither Arco was really built with a long term future in the plans. The push for a new arena in Sacramento was started before the Maloofs became owners of the team. I guess they never figured it would be a near impossible task.

Finally, we're not talking about an arena just for basketball, whatever some of the naysayers want to believe. Many of the needs cited are needs for large touring entertainment shows. That's the reason for things like a larger marshalling area, more loading docks, better ice-making equipment, etc. That's why some large shows are just not coming to Arco anymore.

So the whole issue of trying to remodel the current arena has benn very thoroughly reviewed by multiple engineers and consultants. If you still want to call it melarkey, then fine. You must have knowledge that those engineers and consultants don't have for their multiple reports on the subject. You should share it with the city.

Of course, Arco was cheaply built. The owners bought the team and paid to build two arenas with no public financing at all. Guess what, it wasn't a sustainble situation, financially. The team was so bad, they couldn't charge too much for tickets, but they couldn't cover their debt load and expenses either. They were on the verge of bankruptcy when Mayor Serna stepped in an gave the owners that $70 million dollars, plus a loan to pay interest on the loan. But the owners have been trying to get a new arena ever since and still eventually got out by selling a large share to the Maloofs.

That loan gave us a more then 10 year reprieve from losing the Kings and we were lucky that the Maloofs stepped in and didn't want to move the Kings from Sacramento. Our luck has just about run out.
 
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pdxKingsFan

So Ordinary That It's Truly Quite Extraordinary
Staff member
#19
Nicely done kennadog.

And that's before you even consider that the Natomas location is just not of benefit for the majority of those in the area. Living in Boston and Portland has taught me the joys of having downtown easily accessible sports complexes. I took the T or walked to Fenway. I took the T to the Garden. I take the bus to the Rose Quarter or to the PGE Park where the Timbers play. Most here know that I adore the NE Patriots. I never went to a game in Foxboro because for 5 of the 6 years I lived in Boston I never owned a car. Whereas I couldn't give a poop about the Blazers and access to the games is so convenient and easy I have been to more than a handful. The other day I was hungry after bowling and went to get some food - I forgot the Blazers had just wrapped up against the Heat and so I got stuck in all kinds of foot traffic. Because people actually go out after the games into the neighborhood and patronize the local venues there.

A friend of mine got married in Cleveland, aka the mistake by the lake. Not really one of the finer cities in America by most people's standards. But I was there for 2 days and needed something to do so I walked around downtown. Went to the Rock and Roll Hall of Fame. Afterwards I just kind of explored, and in that process walked by all of Cleveland's sports venues. They are all there within walking distance and the shops around them were thriving despite what we think of that town. I went to a Red Sox game in Seattle and took the subway from my hotel to the game. Many people there march from the heart of downtown to Qwest Field as part of the opening festivities for the Sounders soccer games.

So much business and culture thrives from having a downtown arena. It is a shame Sacramentans have yet to experience it if they haven't visited many of these other cities. I don't see how anyone who has could want anything else for their town and their team.
 
#20
We knew the Maloofs would do this. They had to. I've said several times I would have.

But I'm not sure a site that calls itself "kingsfans" quite has its finger on the public's pulse, and for this, I blame the Maloofs. They've done a terrible job of selling this.

Right now, your average resident sees that Arco Arena is a privately-held facility, and that the Maloofs are trying to turn this into, in effect, public property. They see this as government involvement where no government is actually required. "You needed a water heater and you didn't put one in, and now you want us to put it in for you? Go away!".

Remember, 80% of us voted against Q&R. Of those who voted on Q&R and who post at fan forums, I'd bet a majority voted against Q&R, too. The terms in that lease proposal were ridiculous.

Sadly, everyone's finances are now in much worse shape than they were in 2006. Okay, the Maloofs proposed to pay for 20% of a multi-use facility, but if anything, their finances are much worse now. Same for the City; if the Maloofs can only pay for 10% now, the City is in the same boat. The funding gap is just getting bigger.

So maybe it's just time the Maloofs picked 3 problems with the current arena and fixed them, quite publicly ("See? Now athletes can take hot showers!"), and at the same time said, "You have 3 years to figure this out, and we pledge 20%".

Right now, I see nothing but negative. None of the 4 plans presented last week has a chance.

1) Land swap? Forget it.
2) Money?
3) Money?
4) Maloofs will reject the current location; the NBA and the Maloofs want this downtown.

Just lay it out there. Let the public know that there's a huge and growing funding gap, and if they don't get that worked out in 3 years, it's done. Make a deadline.

I don't think they'll do this. I think the team is for sale. And the fact that the Maloofs haven't been very assertive and publicly positive here is not helping. I think it's really telling that, officially, the NBA and the Maloofs back any of the plans. Hint: If they're not backing you, it means they don't like any of the plans.

I've said in the past that losing the Kings will be a shame, but if we radically overpay to keep the team, that would be a larger shame.

There's really no point in overspending. The margin won't be 80-20 if we propose to overspend; it'll be 90-10.

And yes, by the way, with a project of this size, even if a vote is not legally required, I think they should have one anyway. We have layoffs, we have deficits, we have streets falling apart, and spending $300M-$600M is, in fact, an optional expense. Not asking the taxpayers would be deceitful and disrespectful. Not laying out the risks (suppose the tax revenue is not as expected; then what? I bet Cincinnati wishes they had pressed that point harder) is deceitful and disrespectful.

The Maloofs were crazy to not press the "We're considering relocating" button way sooner. They pressed it too late, if you ask me. They activated the Drakes after they missed the corner and drove off the cliff.

That's all I got for now.
 
#21
This is the melarky and part of the myth that keeps people in Sacramento from realizing a new arena is need.

The city consulted engineers regarding that possibility a long time ago. They also had consultants analyze the exiting Arco. I've dug up those city reports before, but I'm not going to do it anymore, becasue evertyone just ignores them. Its like beating my head against a brick wall.

We're are not talking about a super-duper arena and its not just the Maloofs or the NBA. Remember, the NCAA doesn't even find it acceptable for a regional BB tournament. The Maloofs don't even want many more seats than the existing arena. They do need better seating and more lluxury boxes. Not many luxury boxes, but maybe the same as in San Antonio, a city similar to Sacramento in market size.

However, at least two concourses are needed (upper and lower) to ease ingress and egress. I can't imagine a full arena having a disaster stike and not haing countless people trampled to death in the panicked exodus. (I have to think the current arean practically violates buidling code.) They need more kitchen space, a larger marshalling area, more loading docks, better locker rooms, more room for concessions, more restrooms, new an better ice-making equipment and a whole long list identified in the reports as inadequate.

The engineers examined Arco thoroughly and determined that the existing foundation could not support the the necessary expansion to make Arco a modern, viable arena for sports and entertainment. Foundations are designed to support a certain load. Arco was cheaply built. To "remodel" to the standards needed, you'd have to even tear out the foundation. It would almost assuredly take more money to rehab the existing arena structure, than to build a new one from the foundation up. (I wrok in the area of financing contstruction and rehabilitation. Believe me, I've seen rehab cost more than brand new.

Next, the city has had a t least two consultanct examine Arco for viability more or less as it is, with no expansion. The report came back and listed all the things that the current Arco lacks (my list above was part of it). They concluded that Arco was near the to the end of economic viability. It may not be structurally falling down, but thei conclusion was that it would soon be economically obsolete.

So rehab into an economically viable arena was not in the picture anymore. That's why, although there has been proposals to build on the same site, the idea of rehabbing the existing building has been out of the picture since thhose reorts were prepared.

The Palace of Auburn Hills was built the same year as Arco, It is still fine, becasue they could remodel it. However, the Palace was built at a cost of $80 million, while Arco was built for $40 million. The owners bought the team and built two arenas. Neither Arco was really built with a long term future in the plans. The push for a new arena in Sacramento was started before the Maloofs became owners of the team. I guess they never figured it would be a near imposiible task.

Finally, we're not talking about an arena just for basketball, whatever some of the naysayers want to believe. Many of the needs cited are needs for large touring entertainment shows. That's the reason for things like a larger marshalling area, more loading docks, better ice-making equipment, etc. That's why some large shows are just not coming to Arco anymore.

So the whole issue of trying to remodel the current arean has benn very thoroughly reviewed by multiple engineers and consultants. If you still want to call it melarkey, then fine. You must have knowledge that those engineers and consultants don't have for there multiple reports on the subject. You should share it with the city.

Of course, Arco was cheaply built. The owners bought the team and paid to build two arenas with no public financing at all. Guess what, it wasn't a sustainble situation, financially. The team was so bad, they couldn't charge too much for tickets, but they couldn't cover their debt load and expenses either. They were on the verge of bankruptcy when Mayor Serna stepped in an gave the owners that $70 million dollars, plus a loan to pay interest on the loan. But the owners have been trying to get a new arena ever since and still eventually got out by selling a large share to the Maloofs.

That loan gave us a more then 10 year reprieve from losing the Kings and we were lucky that the Maloofs stepped in and didn't want to move the Kings from Sacramento. Our luck has just about run out.

You are a sharp lady, Kennadog. Nicely written! My heart aches thinking that our Kings may leave Sacramento....
 
#22
IMO the maloofs will be forced to sell the kings due to their bad financial situation before they personally move the team.
maybe they can sell to larry ellison. isnt he like a billionaire? since he couldnt get the warriors, why not buy the kings and build another oracle arena in sac. ahh wishful thinking
 

pdxKingsFan

So Ordinary That It's Truly Quite Extraordinary
Staff member
#23
And yes, by the way, with a project of this size, even if a vote is not legally required, I think they should have one anyway. We have layoffs, we have deficits, we have streets falling apart, and spending $300M-$600M is, in fact, an optional expense. Not asking the taxpayers would be deceitful and disrespectful. Not laying out the risks (suppose the tax revenue is not as expected; then what? I bet Cincinnati wishes they had pressed that point harder) is deceitful and disrespectful.
Well I suppose this answers a lot of people's questions on whether or not you really want an arena deal done.
 
#25
Again IMO that the city and the maloofs pigeonholed themselves into a bad situation by insisting on a downtown arena and completely ignoring natomas.

I know the smart place is downtown but we're at the point where if we dont get an arena the kings are gone. Theres a huge hole where they could build the arena while the current arco is still being used. Infastructures in Place already so thats a non issue. Good to go, lets get it rolling. But, people insist on downtown. The railyards is still a mess and any other downtown spot is just not doable in the timeframe we need.

We as kings fans need to get behind the natomas site cause thats the closest thing we have to being shovel ready. Time is not on our side and if we continue to insist on downtown or cal expo id bet my (underwater) house that the kings are as good as gone.
 
#26
maybe they can sell to larry ellison. isnt he like a billionaire? since he couldnt get the warriors, why not buy the kings and build another oracle arena in sac. ahh wishful thinking
Larry Ellison supposedly put in a bid for the Hornets after missing out on the Warriors. He bid $350 million and the NBA bought it for $300 mil. The reason is Ellison wants to buy and then move the team to San Jose, much closer to his home base. If he buys the Kings, he would do the same. Also I don't think the Maloofs are going to sell unless the have no other choice on the money situation.
 

pdxKingsFan

So Ordinary That It's Truly Quite Extraordinary
Staff member
#27
Again IMO that the city and the maloofs pigeonholed themselves into a bad situation by insisting on a downtown arena and completely ignoring natomas.

I know the smart place is downtown but we're at the point where if we dont get an arena the kings are gone. Theres a huge hole where they could build the arena while the current arco is still being used. Infastructures in Place already so thats a non issue. Good to go, lets get it rolling. But, people insist on downtown. The railyards is still a mess and any other downtown spot is just not doable in the timeframe we need.

We as kings fans need to get behind the natomas site cause thats the closest thing we have to being shovel ready. Time is not on our side and if we continue to insist on downtown or cal expo id bet my (underwater) house that the kings are as good as gone.
People insist on downtown because a downtown arena will probably last twice as long as Natomas.

The world is changing, urban planning is changing, if you're going to invest this kind of money it needs to be part of a long term solution that betters not just the arena but everything around it.

The worst thing in the world would be for a Natomas plan to be developed and need to revisit this issue again in 15-20 years down the road. Any Natomas solution is a band aid solution.
 

Warhawk

Give blood and save a life!
Staff member
#28
Again IMO that the city and the maloofs pigeonholed themselves into a bad situation by insisting on a downtown arena and completely ignoring natomas.

I know the smart place is downtown but we're at the point where if we dont get an arena the kings are gone. Theres a huge hole where they could build the arena while the current arco is still being used. Infastructures in Place already so thats a non issue. Good to go, lets get it rolling. But, people insist on downtown. The railyards is still a mess and any other downtown spot is just not doable in the timeframe we need.

We as kings fans need to get behind the natomas site cause thats the closest thing we have to being shovel ready. Time is not on our side and if we continue to insist on downtown or cal expo id bet my (underwater) house that the kings are as good as gone.
And while yes, logistically the Natomas site is most ready and able to accomodate a new arena, the problem is still funding one. How do you pay for it at Natomas? You are not selling any land or developing property to use proceeds to help fund the thing. That has been the sticking point all along.
 

Warhawk

Give blood and save a life!
Staff member
#29
Maloofs will reject the current location; the NBA and the Maloofs want this downtown.
No, MSE doesn't give a rat's a** where it is located, the CITY is the one that wants it downtown. They have good reason to. But that hasn't come from MSE or the NBA or anyone else.
 
#30
What the kings and the city are going through now is mirroring what happened in Seattle. That didnt turn out well.
It doesnt look good folks. Enjoy them while we have them.