David Stern just quoted....

[The Hammer]

so, ( jus asking a question here not questioning your opinion), do you think this quote is stern verifying johnsons claims at the BOG?

He's coming about as close as you can to doing that by making this "contingency" statement. Reason is because if the cash turns out to be pie in the sky... he'd have to backtrack a bit, and there's no way he'd ever want to do that. He obviously has heard some positive report about that from our good buddy Bennett, or else he just wouldn't have said anything. Of course it's not anything close to official or anything, can't do that until there is an appearance of a due process, etc. But it is MY opinion that Stern has made up his mind. Just has't fully committed to anything in public, but simply setting up the situation to be able to do so... providing the logic for it. But you can tell the comments are designed to veer the Kings back to Sac for a year.

 

[The Hammer]

...you're still reading it wrong because he's not speaking for KJ....

I agree. Stern doesn't really ever speak for anyone else.

 

[Glenn]

Yes, but they could still file in two weeks because, and I doubt the concrete plan can come to fruition in two weeks. Hopefully, the Maloofs will give us an extra 10 months before filing.

The NBA has to give us extra time. The Maloofs don't have control. They are still a mamber of the NBA.

If they file, as it stands now, it probably will not be approved. I don't understand the fixation on the filing time. It's not as if the team has full control and filing sets into some inevitable series of actions culminating in a few trucks unloading in front of the Honda Center. I believe the BOG has up to 4 months to act on an application. I'm not sure about the latter but believe I read it somewhere besides on this forum.

OK, back to the debate about what individual words mean. Have at it, folks.

 

[Livinthedream]

He's coming about as close as you can to doing that by making this "contingency" statement. Reason is because if the cash turns out to be pie in the sky... he'd have to backtrack a bit, and there's no way he'd ever want to do that. He obviously has heard some positive report about that from our good buddy Bennett, or else he just wouldn't have said anything. Of course it's not anything close to official or anything, can't do that until there is an appearance of a due process, etc. But it is MY opinion that Stern has made up his mind. Just has't fully committed to anything in public, but simply setting up the situation to be able to do so... providing the logic for it. But you can tell the comments are designed to veer the Kings back to Sac for a year.

Agreed. Stern is always calculated in his responses. I don't think it's by accident that he is continuously talking about the positives coming out of Sacramento.

 

[Glenn]

Here is the thing though! If this committee led by Bennett comes back with confirmation that things are no where near as bad as they were led to believe, then the owners would take that as the basis of their vote.

If Maloofs still file hoping for an off chance that they get enough votes and it backfires (and if the committee recommends that the team stay for at least another year) then they are burning their bridges everywhere. They burn them in Sacramento despite the community proving that they are willing to back them financially. They burn those bridges with the NBA by ignoring their recommendations. So this leads Maloofs in a place where they don't want to be as its the worst possible place.

And even if down the track they file again, the owners won't look to kindly on their actions in the past and might block the move even if there is more basis to leave. This would force the Maloofs to either sell or bleed money to death. They won't do it unless they are pretty sure that they have a strong case to move and enough votes to do it.

They might be dumb, but they are not that stupid!

Makes sense but it won't satisfy the paranoid conspiracy theorists.

 

[The Hammer]

This is the quote from the OP:

When I read this, it's positive, but it does not appear that Stern has made a definite decision.

Not publicly. But if it ends up going in favor of Anaheim, he's just created a lot of explaining he'll have to do that would make him look bad. By coming out with this, it's essentially setting up the situation that if the cash is verified, the committee will recommend they stay. I really don't see how anyone can take this any other way.

 

[Dr. Spaceman]

It looks to me like he’s speaking for KJ. Jet’s look at the full quote.

"They're sort of verifying some of the representations by Mayor Johnson about how to produce so much in increased sponsorships, so much in increased ticket revenues," Stern said Thursday night in Philadelphia before the 76ers-Heat game. "And as a result, if the team does come back or stay in Sacramento for another year, it will not only be much better off financially, but it will also give us the time to deliver a deal on a regional basis for a new arena."

The key phrase there is "They're sort of verifying some of the representations by Mayor Johnson”. That tells us that “if the team does come back or stay in Sacramento for another year, it will not only be much better off financially, but it will also give us the time to deliver a deal on a regional basis for a new arena” is in reference to Johnson’s representation.

In dissecting this very straightforward quote, you've cut out some of the key phrasing that you mentioned. He says the the representations made by Johnson are in direct reference to "about how to produce so much in increased sponsorships, so much in increased ticket revenues." That's the part you cut out. It's a very important part of the statement. That is the end of his reference to anything Johnson told him and his relocation committee.

He is saying that if his relocation team can verify Johnson's claims of increased corporate revenue, then the team will be much better off financially in Sacramento than it was in Sacramento a year ago and years prior. Nothing more, nothing less. If the claims are true, and the BOG ultimately decides to turn away a potential petition to move from the Maloofs (which hasn't even been filed yet), then the team can operate viably in Sacramento for another year while working on an arena deal.

To break it down further:

Conclusion Stern has reached: Sacramento is a viable market for the Kings to operate in for another year to get an arena done.

Conclusion is contingent upon: Verifying corporate commitments, BOG deciding that the Kings will stay in Sacramento if Maloofs file to move

It's incredibly straightforward and why I'm so appalled that pupsingh is so stubborn in misrepresenting the quote.

 

[rainmaker]

The NBA has to give us extra time. The Maloofs don't have control. They are still a mamber of the NBA.

If they file, as it stands now, it probably will not be approved. I don't understand the fixation on the filing time. It's not as if the team has full control and filing sets into some inevitable series of actions culminating in a few trucks unloading in front of the Honda Center. I believe the BOG has up to 4 months to act on an application. I'm not sure about the latter but believe I read it somewhere besides on this forum.

OK, back to the debate about what individual words mean. Have at it, folks.

Yep. They have 120 days from when/if the Maloofs file.

 

[pupsingh]

In dissecting this very straightforward quote, you've cut out some of the key phrasing that you mentioned. He says the the representations made by Johnson are in direct reference to "about how to produce so much in increased sponsorships, so much in increased ticket revenues." That's the part you cut out. It's a very important part of the statement. That is the end of his reference to anything Johnson told him and his relocation committee.

He is saying that if his relocation team can verify Johnson's claims of increased corporate revenue, then the team will be much better off financially in Sacramento than it was in Sacramento a year ago and years prior. Nothing more, nothing less. If the claims are true, and the BOG ultimately decides to turn away a potential petition to move from the Maloofs (which hasn't even been filed yet), then the team can operate viably in Sacramento for another year while working on an arena deal.

To break it down further:

Conclusion Stern has reached: Sacramento is a viable market for the Kings to operate in for another year to get an arena done.

Conclusion is contingent upon: Verifying corporate commitments, BOG deciding that the Kings will stay in Sacramento if Maloofs file to move

It's incredibly straightforward and why I'm so appalled that pupsingh is so stubborn in misrepresenting the quote.

so where i think your wrong is that that quote u mentioned isnt the end of what johnson told him, at least thats what i thought. I thought that Johnson did in fact tell him that sacramento would be better off financially in sacramento with these sponsors...maybe thats where the misunderstanding is....im pretty sure that johnson did say that at the meetings as thats what grant said on his show...i didnt hear it from johnson so i could be wrong and if i am, then sorry

 

[Glenn]

Yep. They have 120 days from when/if the Maloofs file.

September if the present schedule stands and is not set back yet again.

 

[The Hammer]

It's incredibly straightforward and why I'm so appalled that pupsingh is so stubborn in misrepresenting the quote.

It really is very straightforward.

But I understand, y'all are very cautious about good news. This'll change. Kings are staying. Mark my words.

 

[RookieOfTheDay]

In dissecting this very straightforward quote, you've cut out some of the key phrasing that you mentioned. He says the the representations made by Johnson are in direct reference to "about how to produce so much in increased sponsorships, so much in increased ticket revenues." That's the part you cut out. It's a very important part of the statement. That is the end of his reference to anything Johnson told him and his relocation committee.

He is saying that if his relocation team can verify Johnson's claims of increased corporate revenue, then the team will be much better off financially in Sacramento than it was in Sacramento a year ago and years prior. Nothing more, nothing less. If the claims are true, and the BOG ultimately decides to turn away a potential petition to move from the Maloofs (which hasn't even been filed yet), then the team can operate viably in Sacramento for another year while working on an arena deal.

To break it down further:

Conclusion Stern has reached: Sacramento is a viable market for the Kings to operate in for another year to get an arena done.

Conclusion is contingent upon: Verifying corporate commitments, BOG deciding that the Kings will stay in Sacramento if Maloofs file to move

It's incredibly straightforward and why I'm so appalled that pupsingh is so stubborn in misrepresenting the quote.

It still seems to me that KJ's pitch must have been along the lines of "if the team does come back or stay in Sacramento for another year, it will not only be much better off financially, but it will also give us the time to deliver a deal on a regional basis for a new arena." and that Stern was referring the the NBA verifying that claim. It can see how it could be taken either way, though.

 

[pupsingh]

It still seems to me that KJ's pitch must have been along the lines of "if the team does come back or stay in Sacramento for another year, it will not only be much better off financially, but it will also give us the time to deliver a deal on a regional basis for a new arena." and that Stern was referring the the NBA verifying that claim. It can see how it could be taken either way, though.

this is exactly what i just posted a few posts above

 

[The Hammer]

so where i think your wrong is that that quote u mentioned isnt the end of what johnson told him, at least thats what i thought. I thought that Johnson did in fact tell him that sacramento would be better off financially in sacramento with these sponsors...maybe thats where the misunderstanding is....im pretty sure that johnson did say that at the meetings as thats what grant said on his show...i didnt hear it from johnson so i could be wrong and if i am, then sorry

Well obviously the KINGS would be better off financially if they had another 9.2 million in revenue! They'd essentially add that straight to their bottom line... fixed costs remaining the same.

People aren't quite getting the value of this 9.2. It's essentially all profit. That is huge. And if a good chunk of it is ticket sales/luxury boxes, it'll actually translate to more once you throw in all the other money that people spend at games on food, drinks, and gear. That might in fact be one of the things the committee is looking at. They've got formulas galore for measuring all that stuff.

 

[Dr. Spaceman]

It really is very straightforward.

But I understand, y'all are very cautious about good news. This'll change. Kings are staying. Mark my words.

That was some good tag team logic work Hammer. *high five*

 

[The Hammer]

It still seems to me that KJ's pitch must have been along the lines of "if the team does come back or stay in Sacramento for another year, it will not only be much better off financially, but it will also give us the time to deliver a deal on a regional basis for a new arena." and that Stern was referring the the NBA verifying that claim. It can see how it could be taken either way, though.

Doens't matter one iota even if it was verbatim KJ's pitch to Stern in private. Stern has now said it publicly. Stern now owns it. Now, if the cash is verified.... it's going to be hard for him to be able to "recommend" that the committee "recommend" that they file, or that it be approved.

People are forgetting also that the Maloofs have come out and said they are looking for advice, looking for a recommendation. In my opinion, that was a good move on their part, as it will allow the re entry to Sac a little more smooth. The "recommendation" is going to be to stay in Sac.

 

[rainmaker]

I really just can't believe all this is happening right now. When the Kings played LA, I thought it was the last game, and mentally was prepared for a move. That really was a horrible following day after the excitement of the game wore off. Now it looks like the momentum is fully on our side, and that was clear in KJ's excitement at his press conference today. I'm so excited, I'm just praying this gets done.

 

[pupsingh]

That was some good tag team logic work Hammer. *high five*

you said that that was the end of his reference to kj, which is wrong. The part about the kings being better off in sac was also part of his reference to kj, and thats pretty straightforward and its not so surprising that you cant understand that.

 

[pupsingh]

you said that that was the end of his reference to kj, which is wrong. The part about the kings being better off in sac was also part of his reference to kj, and thats pretty straightforward and its not so surprising that you cant understand that.

but honestly who cares this argument is stupid, im just happy that theres a solid chance i can see tyreke dunk on people with a sac uniform like he did in san antonio. That was so exciting yet bittersweet cuz i thought he would be doing that for other fans for the next decade.

 

[Glenn]

Well obviously the KINGS would be better off financially if they had another 9.2 million in revenue! They'd essentially add that straight to their bottom line... fixed costs remaining the same.

People aren't quite getting the value of this 9.2. It's essentially all profit. That is huge. And if a good chunk of it is ticket sales/luxury boxes, it'll actually translate to more once you throw in all the other money that people spend at games on food, drinks, and gear. That might in fact be one of the things the committee is looking at. They've got formulas galore for measuring all that stuff.

What I know about whether or not the Kings made a profit last year is not clear. Some say they did because the team salaries were low and some say they lost money. I am not sure a clear number is known. If $9.2 mil gives them a profit and keeps them from spending a $100 mil or so to relocate, it doesn't take much brains to figure what the league would want them to do. The extra money only is good if it keeps the team afloat in Sacramento while an arena plan is etched into stone or something more substantial than the vagueries I am hearing. It may buy one year and if a definite plan for an arena is formulated, it may keep the Maloofs afloat several years until an arena is built.

The move to Anaheim is not a freebie and what we are learning is that the benefits aren't as great as we originally imagined. I say "imagined" as much of what we are angerly arguing is based on "imagined" information.

I know with great certainty the team will be better next year. I know with great certainty that if that happens, attendance will be up. I hope that the increase in attendance gives more income than the inevitable increase in team salaries.

 

[The Hammer]

you said that that was the end of his reference to kj, which is wrong. The part about the kings being better off in sac was also part of his reference to kj, and thats pretty straightforward and its not so surprising that you cant understand that.

Stern was not quoting KJ. He may have gotten the words from KJ, but Stern himself was making a statement.

 

[RookieOfTheDay]

I really just can't believe all this is happening right now. When the Kings played LA, I thought it was the last game, and mentally was prepared for a move. That really was a horrible following day after the excitement of the game wore off. Now it looks like the momentum is fully on our side, and that was clear in KJ's excitement at his press conference today. I'm so excited, I'm just praying this gets done.

I can't either. I was certain it was as good as done after they failed to provide the documents to ICON. Part of that was because the conventional wisdom was that the BOG would not oppose a move. I never figured the Maloofs would get this far and then have the whole thing kind of fall apart on them at the 11th hour. It really is a dream come true and an answer to a prayer. I'm still afraid to get too optimistic though until we know something for certain.

 

[pupsingh]

Ok pupsingh, I'm starting to think you're high. I mean it.

Stern was not quoting KJ. He may have gotten the words from KJ, but Stern himself was making a statement.

a statement in reference to what KJ told him at the meetings. that is obvious. its not surprising you cant understand that as evidenced by your juvenile remarks. grow up

 

[Glenn]

Would it pee people off if an arena was built and the Maloofs made a lot of money in Sacramento? The Maloofs don't want to go bankrupt and I doubt if it spoils their plans if they get rich here in River City.

 

[RookieOfTheDay]

Would it pee people off if an arena was built and the Maloofs made a lot of money in Sacramento? The Maloofs don't want to go bankrupt and I doubt if it spoils their plans if they get rich here in River City.

I'd rather they make money than go broke. If they're making money, that means the team is probably doing well!

 

[pupsingh]

Would it pee people off if an arena was built and the Maloofs made a lot of money in Sacramento? The Maloofs don't want to go bankrupt and I doubt if it spoils their plans if they get rich here in River City.

as long as they used some of that money on a winning team it wouldnt bother me.....but if it went to the palms....

 

[Gary]

Yep. They have 120 days from when/if the Maloofs file.

If the BOG wanted to give the Kings another year to figure out the arena it would be REAL bad business for the Maloofs to file knowing they didn't have the votes.. They wouldn't be able to attend Kings games anymore.. For at least a year or two until it blew over.

 

[Aenadin]

Would it pee people off if an arena was built and the Maloofs made a lot of money in Sacramento? The Maloofs don't want to go bankrupt and I doubt if it spoils their plans if they get rich here in River City.

really don't care what happens to the maloofs.. so long as the kings are in Sacramento, if they put up a good winning team for SAC, I wouldn't see it anymore as a gesture that they love the community and want to bring one for the City, rather I'd look at is as they want to have a winning team so they can make a profit.


I Can't really believe anything that comes out from them anymore.. THe kings staying for years and them as owners is acceptable... but if possible, other than a new arena, Its best we have a new owner, one who'd stick their guns for Sacramento,

 

[Warhawk]

I can't either. I was certain it was as good as done after they failed to provide the documents to ICON. Part of that was because the conventional wisdom was that the BOG would not oppose a move. I never figured the Maloofs would get this far and then have the whole thing kind of fall apart on them at the 11th hour. It really is a dream come true and an answer to a prayer. I'm still afraid to get too optimistic though until we know something for certain.

That is why, as Mike and Bricklayer and I (and others, obviously) have repeatedly said, you NEVER give up until the moving trucks are heading out the main gate. There are lots of potential pitfalls and contract issues and other things that can throw a wrench into things. Keep fighting!

Now we are far from guaranteed that the Kings will be here more than 1 year. But I think the odds are better than 50/50 that they are here for at least 2011-2012. At least we have that to probably look forward to. And it is a start. Anything that delays a move is a good thing!

 

[Aenadin]

the passion and the energy of the fanbase esp the local of sacramento has rejuvenated. business wise it could be capitalized. and the good thing about this is at some small measure the media is taking notice of SAC no matter how small or big an impact. fans always alert for updates, and busy and its the offseason. again this fight is not over till they say it is.

amazing how much can happen in a week I keep checking everything I can, on any updates and insights of fans, and other sources.