What is Burkle or another investor group steps up to the plate and funds the Maloof portion of the ESC? NBA would probably front the money as they offered with the Maloofs. No way Maloofs could ever leave with new arena being built.
In that scenario, they wouldn't be entitled to much of the revenue at all as they wouldn't part of the negotiations or agreement going forward. In this scenario, they stay at PBP for the time being while on financial life support. New arena being built without them negates any chance of them ever moving, and they also don't get the opportunity to make the profit in the new arena that they would have if they stuck with the original deal.
So, can't leave, but also can't make enough money in a new arena they aren't a part of to stay afloat and pay back loans/debt they owe. Wouldn't that basically force a sell, and have the team then move into new arena under new ownership?
Trying to be positive...
In that scenario, they wouldn't be entitled to much of the revenue at all as they wouldn't part of the negotiations or agreement going forward. In this scenario, they stay at PBP for the time being while on financial life support. New arena being built without them negates any chance of them ever moving, and they also don't get the opportunity to make the profit in the new arena that they would have if they stuck with the original deal.
So, can't leave, but also can't make enough money in a new arena they aren't a part of to stay afloat and pay back loans/debt they owe. Wouldn't that basically force a sell, and have the team then move into new arena under new ownership?
Trying to be positive...