Board of Govs Meeting Updates-DAY 2

Per Stern:
Extended to May 2nd.
Clay Bennet is the chairman of the committee
Time to check Mayor's claims of "inducements"
Anaheims documents were incomplete.

Hmm...
Anaheim documents incomplete? Something smells funny ...................
 
And this just gives Steinberg's legislation more time to go through...

Stern said that there were unsolved "issues" with the terms of the Anaheim lease. Just wait until the state doesn't allow a lease at all!
 
Wow! They're definitely rattled.

"If I leave you; no one will EVER want you"

They are idiots for acting like this because if the team does end up staying in Sac with them still owning the team the fans could turn against them.
 
markkreidler
Stern: Maloofs "are not forced to stay in Sacramento at all." He's referring to timetable, that team can still move in time if approved.

The telling comment from Stern is that the NBA committee itself needs more time, not just Maloofs or outside parties.

Says Anaheim proposal "not fully understood" by committee. That, plus the Burkle factor AND renewed local corporate interest, did the trick.

Stern sounds more intrigued by the local economic factors, corporate support, etc., than with Ron Burkle. Says Burkle is down the list.
 
"Had a real long discussion about the Sacramento relocation application."

"Good presentation from Anahiem and Sacramento"

"Clay Bennett will lead a fact finding mission" regarding KJ's new info and lack of documentation from Anahiem

MAY 2 NEW DEADLINE

Oh no. Not Bennett! Geez, anyone but him!
 
markkreidler
Stern: Maloofs "are not forced to stay in Sacramento at all." He's referring to timetable, that team can still move in time if approved.

The telling comment from Stern is that the NBA committee itself needs more time, not just Maloofs or outside parties.

Says Anaheim proposal "not fully understood" by committee. That, plus the Burkle factor AND renewed local corporate interest, did the trick.

Stern sounds more intrigued by the local economic factors, corporate support, etc., than with Ron Burkle. Says Burkle is down the list.

Agreed, David. What about Kings though?
 
markkreidler
KJ's presentation included the Burkle factor, but also the Taylor/ICON design group, local factors, ticket sales, etc.

And how to make the team financially viable in Sacramento
 
I have it on good authority that this is NOT grandstanding and 100% legit. Not to be vague but I am getting my info from someone directly invlolved in this.


Well, "grandstanding" is what that member saw it as. And no offense, but your current claims means as much as a twitter rumor unless you are providing us with proof.

The question was never can he AFFORD to buy the Kings and build and arena. Yes, he can if he wants to spend a big chunk of his money. The issue is the Maloofs are not selling. There goes the buying the team plan. For any committee looking at this, it doesn't matter if it Burkle or Slim, if there is no seller then there is no discussion.

Also regarding Burkle group's claim that the team can succeed in Sac, how would they know? The Maloofs never opened their books completely for them to see. Its just pure speculation. If its based on the fact that Burkle has deep pockets and doesn't mind losing money, I'm not sure the NBA would approve of a team staying in a city even knowing they are losing money. The point is there is no way for Burkle's group knows 100% the Kings can thrive financially in Sac and that they can build an arena. Its all speculations at a very late stage in the game.
 
Hate to say it folks but I think Stern represented the problem fairly and as much as we all have been involved in this issue, the Relocation Committee has not. It IS complex. The addition of Burkle made it more complex.
 
markkreidler
Stern: Maloofs "are not forced to stay in Sacramento at all." He's referring to timetable, that team can still move in time if approved.

The telling comment from Stern is that the NBA committee itself needs more time, not just Maloofs or outside parties.

Says Anaheim proposal "not fully understood" by committee. That, plus the Burkle factor AND renewed local corporate interest, did the trick.

Stern sounds more intrigued by the local economic factors, corporate support, etc., than with Ron Burkle. Says Burkle is down the list.

An extension is honestly the best possible thing to happen at this point. The two real options were 1: extension, 2: file for relocation with the blessing of the BOG. The 3rd option is for the Maloofs to go another year in Sac. That ship sailed when they didn't show up for the last game.

Indeed; we're now actually in overtime. If Sacramento can demonstrate a real likelihood of building an arena without a public vote; they likely get to keep the Kings. If not, they probably lose the Kings and the NBA and Maloof's reputation gets a serious kidney punch.
 
WojYahooNBA Adrian Wojnarowski
There wasn't an instance of honesty in Bennett's move of the Sonics out of Seattle. Documents proved it. Now he's lording over Kings future.
 
Who are the Maloofs to say that a team will never come to Sac if they leave? This is the city and these are the fans that have relentlessly supported them for what has it been.. nearly a decade? Why don't they go back to where they came from quit acting as if they're the victims. It must feel great to be up on their throne ripping away one of the few things Sacramento can really, proudly call its own.
 
Well, "grandstanding" is what that member saw it as. And no offense, but your current claims means as much as a twitter rumor unless you are providing us with proof.

The question was never can he AFFORD to buy the Kings and build and arena. Yes, he can if he wants to spend a big chunk of his money. The issue is the Maloofs are not selling. There goes the buying the team plan. For any committee looking at this, it doesn't matter if it Burkle or Slim, if there is no seller then there is no discussion.

Also regarding Burkle group's claim that the team can succeed in Sac, how would they know? The Maloofs never opened their books completely for them to see. Its just pure speculation. If its based on the fact that Burkle has deep pockets and doesn't mind losing money, I'm not sure the NBA would approve of a team staying in a city even knowing they are losing money. The point is there is no way for Burkle's group knows 100% the Kings can thrive financially in Sac and that they can build an arena. Its all speculations at a very late stage in the game.

You are welcome to pm me and I will tell you everything I know from people that were at the BOG meeting and who are directly involved in this. I will be headed to the bay are so I will try to respond today.
 
WojYahooNBA Adrian Wojnarowski
There wasn't an instance of honesty in Bennett's move of the Sonics out of Seattle. Documents proved it. Now he's lording over Kings future.

On the other hand, Bennett is now a small-market owner lording over a small-market team's request to move into a large market. Not necessarily a bad thing. I'm not going to panic over that. I'll just be happy that as of today, there clearly are not enough votes to move the team - when normally these sorts of things are rubber-stamped.
 
Wow......just wow. The Maloofs relationship with Sacramento is pretty much over regardless of the outcome of the extension. If they are denied relocation, they will have to sell the team to Burkle now.
 
Who are the Maloofs to say that a team will never come to Sac if they leave? This is the city and these are the fans that have relentlessly supported them for what has it been.. nearly a decade? Why don't they go back to where they came from quit acting as if they're the victims. It must feel great to be up on their throne ripping away one of the few things Sacramento can really, proudly call its own.


They said that?
 
I'd feel a lot better about this if Clay Bennett wasn't the guy put in charge of the relocation committee. We already know he ignored similar efforts by the people of Seattle to buy the team and keep it. So now we have to hope the Anaheim agreement is as shaky as it's been reported to be in terms of revenue restrictions. This also gives more time for the ICON group to finish their arena study in Sacramento. And there's maybe an outside chance that the petitioners are successful in getting the bonds delayed.
 
Scraping aside all the stuff, I think Stern said the arena was the crucial factor. This is what Burkle (his representative) seemed to be saying that group could provide. If you scrape aside the fancy talk, it seems to be that simple and IF Burkle is for real, we have a great chance.
 
Is there any chance at all that they approve relocation even if by May 2nd we have a fully funded plan for an Arena with Burkle partly behind the financing? Obviously we won't be moving dirt by May 2nd, but it may be possible to ICON to come back with a financing plan that includes Burkle.
 
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