The conference call with David Stern transcript is now on Kings.com:
http://www.nba.com/kings/news/david_stern_conference_call.html
NBA Commissioner David Stern Teleconference
Stern Answers Questions From The Media via Teleconference Call
Nov. 15, 2006
Opening Statement:
Thank you all for joining us and I’d just like to say that last week, Deputy Commissioner Adam Silver and I met with the Maloof family to discuss the situation -- I guess it was earlier this week – in New York, to discuss the Sacramento arena situation, and at the request of the Maloof family, we’ve determined that the league office will direct future efforts with respect to the possibility of their being a new multipurpose arena for Sacramento, which among other things would be a home for the Kings and the Monarchs. We can assure you, or I can assure you that the Maloofs have never wavered in their interest in keeping the teams in Sacramento and their hope, expressed directly and fervently to me, is that my taking the leadership role here would help them achieve that goal. I don’t claim to have a secret plan of any kind, but what I would like to do by taking this position is to enable the Maloofs to spend one hundred percent of their time supporting the Kings and Monarchs and enhancing the experience of Kings and Monarchs fans and community partners because the reality for us is that Sacramento is a spectacular NBA success story. The Maloof family and the city of Sacramento have been a great partnership. I think there were skeptics who questioned whether the NBA could succeed in Sacramento, if at all. I have a personal relationship with the market – I was pleased to be there when Greg Luckenbill opened the very first ARCO (Arena). I was there to open the current ARCO. We can all agree that the current ARCO is not going to be the multipurpose arena of the future. That’s the premise that was underlined in the efforts of the Maloofs over the last seven years to somehow be part of an effort to secure a new multipurpose arena but we will examine every potential option, meet with anybody who may be helpful, and even those who may not be so helpful, to understand the situation. Given the history of the city and the Maloofs, we just refuse to accept the proposition that there can’t be a way, given what we think (are) our collective wills. With respect to the recent election results, I had said before the election that if I were voting, I would vote against the proposal because nobody knew what they were voting for besides (inaudible). And we’re going to find out whether there’s anything worth doing or anything worth voting for. I have not done anything yet with the exception of placing a call to Governor Schwarzenegger – I thought I would start informing people of the NBA’s involvement at the top, but we expect to be in touch with every government official who has anything to do with or a view on this possibility, and I hope as soon as my schedule permits, early in December, to be visiting the market and having some of those meetings in person. In the meantime, other people representing me will of course continue in this process. And I think that’s about it and I thank you again at your attendance at this press conference, and I’m happy to answer any questions.
Q: Can you enlarge on your statement on which Sacramento officials are you going to work with?
Stern: I have no specific plans or no specific people. All I am saying is that when I and my staff and whoever we retain, analyze who the appropriate parties are to meet with, because there are or potentially could be involved with a multipurpose arena for Sacramento, those are meetings that we will take.
Q: Can you tell me why the Governor was your first call?
Stern: I did it on rank and I actually know the Governor. I wanted to do it on the (inaudible) – I just had the most respect for what – I wasn’t going to ask for anything, I just was going to inform him that I was going to be making this announcement. And he’s the government official in the Sacramento area that I’ve spent the most time with.
Q: Are you going to be meeting with the Governor?
Stern: Oh, I don’t know. I don’t know. If I thought he could be helpful, the answer is yes.
Q: Does the NBA have a position on where the arena should be?
Stern: No. I mean, we’re aware of the history that both have been considered, but our view is that it should be in the place that has the greatest possibility of getting done, and we’re not in an intelligent position to make that judgment. We don’t come in with a preconceived notion, or frankly with a specific timetable. We put a lot of person hours into it, but we’re not setting any real or imagined deadlines. We need to assess the amount of work that needs to be done, and we need to form for our own ownership group, meaning the NBA Board of Governors, a very precise understanding and identification of the issues, the personalities, the regulations, the election rules and all else that comes with trying to figure this out, and we want to try to do this free of, shall I say, rhetoric that accompanied the last few months, and give everyone sort of a chance to regroup and see where we go from here.
Q: On election night, a group was formed called "Share the Vision". Is this a group the NBA would work with?
Stern: It depends what vision they’d like us to share. I’m not familiar with the group. Well, I don’t want to say that we’re going to work with any one group on any one plan. I would say that our first line of inquiry is going to be: “What are the options?” and frankly “What has the most likely chance to bring people together, rather than divide the community, and thereby provide the greatest opportunity for success?”
Q: When was the last time the NBA intervened on something like this and what was the effect of that intervention?
Stern: This is not an intervention. This is responding to a request from an ownership group that I value quite dearly for the NBA and I would say that the NBA has never done anything of this scope – the last time we got – well, that’s only partially true – I suppose we did get deeply involved in the expansion team in Charlotte, and the arena development, and granting the expansion franchise and working with the city. But other than that expansion situation, we have never been involved in a circumstance like this.
Q: Harvey Benjamin told me the Maloofs were tone deaf to the politics. Your thoughts on that?
Stern: I doubt very much whether he said that or “admitted it” as you said, but if he thinks that – and when did he say that? Not during the election, but after the election? Oh, I don’t know if that’s a good idea or a bad idea, but that doesn’t factor into my decision to become involved and to exceed the Maloofs request. It would be hard for me to imagine that ultimately, when all of the issues are put on the table that the decision of whether Sacramento should have a multipurpose arena will rise or fall on a commercial for a hamburger.
Q: Do you think there is any damage during election process that will need to be repaired going forward?
Stern: No, because, well, I guess you might say that there was a campaign and a lot of things done, even in the negotiations and the like, that maybe different people would like to have back and do them a little differently. Tie them up in better ways, and buttoning them down rather than tying them up. But I think in some ways the election, the result, everything that has gone past, has sharpened everybody’s focus. And so we now know that we can either do it or we can’t, but from the NBA’s perspective, we’re going to devote enormous resources to try to do it. I don’t mean enormous resources to trying to get some vote or another, I mean resources to determine whether what seems to be a very good marriage – the Maloofs and Sacramento, Sacramento and the NBA – is something that should be continued in the context of a spanking-new, multipurpose facility for the city of Sacramento and the Monarchs and the Kings. And it’s as broad as that, and I think what goes on will help inform us, but I’d like to think that in some ways it will help to inform everyone who participated and maybe some who didn’t, to see exactly what it is that we all want and what is it that’s possible and what investments need to be made on all sides.
Q: Do you know who you are going to enlist to help you with this ... or what law firm you will hire to assist?
Stern: We haven’t done that yet. I specifically waited so I could have this press conference with you so I wouldn’t have to tell you. That’s why I haven’t decided. No, I haven’t – Adam (Silver), when did we meet with the Maloofs?
Silver: Monday.
Stern: Monday. Okay. So, it’s Wednesday. I’ve had a busy week. It was Monday afternoon, we met with the Maloofs, and our focus has been on exactly how we would respond to their request and what we would do, and then we would announce it, and so we haven’t moved forward yet in any substantive way, even in terms of making lists yet – but we will.
Q: In light of the arena/stadium climate in the Bay Area, is it incumbent on you to look for different methods now to get this done?
Stern: You know, the answer to that is yes, we need to take a fresh look at it. I’d like to think that we’re capable of saying, “Okay, let’s do a complete 360 here”. We do have some experience in small cities like San Antonio, which was successful; in large cities like Houston, which was successful; in a small city like Orlando, which appears to be on its way to success. We recognize, based upon the history, that there were some special challenges with respect to votes in California of a certain nature, but that’s all I know. So my view is if we can just step back and say “Alright, let’s – maybe there is a series of experts that no one has consulted, that deal with these matters, maybe there is some new and more imaginative financing techniques or the like.” But we’re going to, you know, give it the 360, and see whether we can come up with it, because again, the Kings in Sacramento are an NBA success story, and I’m not interested in a seeing success end in failure. We don’t accept that.