Deal in place!!

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Isn't four days a short time to read and evaluate the terms of a $450 million deal with over half being the City's part? I think it is short and it will be a tough call to make a final vote on the issue so quickly. Let' hope it goes well for us.
 
Ok so here are the things I am concerned about.

1. How do we ensure Arco gets the 35 year naming rights?

2. Can we make sure that the visitors locker room is just as crappy and the accoustics are even louder in Arco III than Arco II.

arco thunder, stomp stomp!
 
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Not worried about 4 days being enough time. The council knows what's been going on and how the city intended to fund their portion of the arena deal. There are no surprises in the term sheet. Any push back from the council members at this point is just for show.
 
Not worried about 4 days being enough time. The council knows what's been going on and how the city intended to fund their portion of the arena deal. There are no surprises in the term sheet. Any push back from the council members at this point is just for show.

Agreed. Much of the deal is similar to last year so this isn't coming as a "surprise". Basically a much better deal than last year with much better partners.

As to the 35 year naming rights, I think they will hammer out a good deal for the first 5-10 years and go from there. Not the City's responsibility.
 
Agreed. Much of the deal is similar to last year so this isn't coming as a "surprise". Basically a much better deal than last year with much better partners.

As to the 35 year naming rights, I think they will hammer out a good deal for the first 5-10 years and go from there. Not the City's responsibility.

How about naming rights for the new Downtown Plaza shops? I vote Crown Downtown Plaza. Has a nice ring to it... :)
 
Kings Vs Lakers....Always a huge contingency of Laker fans show up to games out here. Not sure how our fanbase turnout is in LA, as I have never been to any Kings-Lakers games at Staples....
Warriors Vs Lakers......Kings fans ALWAYS show up in big numbers in Oak-Town

in-state rivals...makes for a great story line going into games...

Having been to several Kings/Clipper games at Staples, I can assure you that there is a very large group of Kings fans at those games, and thats not counting our group. I've yet to get into a beer or hotdog line and not have several Kings teeshirts in line with me. I would assume its the same at the Kings/Laker games.
 
How about naming rights for the new Downtown Plaza shops? I vote Crown Downtown Plaza. Has a nice ring to it... :)

I agree wholeheartedly! Unfortunately, we can only pay for the naming rights in T-shirts, and we haven't been getting enough donations for those as is!
 
Yes, is the short answer. As a person who has read two term sheets in my entire life, I found that having read the first made it a lot easier to read the 2nd. I hate politics especially when people lie.

Well it takes time to read between the lines! Or, perhaps english isn't their native language. I read the damm thing in about 20 minutes. Pretty straight forward. I didn't find any secret codes or messages. There was one page though, that if you drew a straight line diagonally from the top left, and juggled all those letters, it said "Screw Seattle".
 
I needed that giggle, baja. I have been very confident until Friday. I know it's not logical and when logic is vs emotion, I will pick logic anyday. Unfortunately, on Friday my son wrote me a note saying we had screwed everything by missing the term sheet deadline up and believe me, my son is not the hysterical type. He is probably older than half the members of this forum. I calmed him down. Then I made a mistake and read some Sonics fans' notes which I never had done before. Now I have this element of doubt about what the BoG will do. Someone slap me aside the face and tell me to calm down. I don't need a list of all the reasons why we will come out ahead but still, I need the slap. HARD!!!!

Damn! When does the fat lady sing? I swear that if the decision is put off I will wet my pants (Glenn rummaging to find his Depends). It's been intelllectually stimulating discussing the issue and the input of the master, Kennadog, has helped immensely. I KNOW the City Council will vote in our, the City's, favor. How could it turn down an influx of money to make the downtown area a major city-like atmosphere. It's just the BoG that is not under our control. I just hope they are under the control of Stern. For the most part, they ARE under his control as he has led the owners and players to riches over the last 3 decades.

Given all the reasons that the BoG should favor Sacramento over Seattle (sorry Seattle, it has nothing to do with who did what first) how can the NBA turn down the sweetener of being the major league that rebuilt or, heck, built a city and changed its culture? In a few years this quaint large/small town city may very well become a target city for people and business.

I moved here because it was the largest small town I knew of. Now everything has changed and just may kick into another gear and become big time. Seattle folks laugh at us as being small town and they have a point. It will be about 5 years before no one will be able to look at Sacramento and think "small town with small thinkers."

I just need to vent.
 
BTW, bajaden, something similar happened before. James May, a presenter for Top Gear, a BBC car show, once had a job writing for a magazine. He wrote a very long article and the first letters of each paragraph could be strung together and it spelled a silly message. He got fired. Your idea is not unique.
 
I don't think it's that big of a deal personally. From what I understood it was a self imposed deadline which had nothing to do with the NBA. I think the NBA was only worried about us getting it to them by April 1 or April 3 Which ever date was when they needed it by. I'm not concerned. In fact I wouldn't be surprised if Seattle backed out before the BOG meeting.

The part that would worry me is if we went into the BOG meeting without Seattle having pulled out which would mean that they must know that they will get some votes, or it will be too close to call.


If Seattle pulls out before the BOG meetings we can probably expect that there was some back room handshake deals with Silver once he takes over for Stern To give Seattle the next expansion team.
 
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I needed that giggle, baja. I have been very confident until Friday. I know it's not logical and when logic is vs emotion, I will pick logic anyday. Unfortunately, on Friday my son wrote me a note saying we had screwed everything by missing the term sheet deadline up and believe me, my son is not the hysterical type. He is probably older than half the members of this forum. I calmed him down. Then I made a mistake and read some Sonics fans' notes which I never had done before. Now I have this element of doubt about what the BoG will do. Someone slap me aside the face and tell me to calm down. I don't need a list of all the reasons why we will come out ahead but still, I need the slap. HARD!!!!

Damn! When does the fat lady sing? I swear that if the decision is put off I will wet my pants (Glenn rummaging to find his Depends). It's been intelllectually stimulating discussing the issue and the input of the master, Kennadog, has helped immensely. I KNOW the City Council will vote in our, the City's, favor. How could it turn down an influx of money to make the downtown area a major city-like atmosphere. It's just the BoG that is not under our control. I just hope they are under the control of Stern. For the most part, they ARE under his control as he has led the owners and players to riches over the last 3 decades.

Given all the reasons that the BoG should favor Sacramento over Seattle (sorry Seattle, it has nothing to do with who did what first) how can the NBA turn down the sweetener of being the major league that rebuilt or, heck, built a city and changed its culture? In a few years this quaint large/small town city may very well become a target city for people and business.

I moved here because it was the largest small town I knew of. Now everything has changed and just may kick into another gear and become big time. Seattle folks laugh at us as being small town and they have a point. It will be about 5 years before no one will be able to look at Sacramento and think "small town with small thinkers."

I just need to vent.

I'm a little bit worried we have so many people spiking the ball after a nice catch for a first down... but we have not won. I think it is good to have some balance here so we don't jinx it. Who would put it past the NBA to deliver the final epic kick in the balls... after all this... and simply uphold the Hansen Ballmer contract with a shrug? Counting on these billionaires to "do the right thing" ... well maybe they will but most of them are soul-less.

I will exhale when we win, and hold any gloating till then too.

I just needed to vent too. I think if/when Scott Howard Cooper opines that Sac is frontrunner, I'll feel better. Right now though... I'm kinda guarding my nuts.
 
In my opinion the most important dates are between when KJ is in New York pleading our case and the BOG meetings. That's when backroom handshake deals are made And you really get an idea of how the owners are going to vote.

Logically speaking if we put the same amount of money forth for the Kings and we have our arena deal in place (Which it looks like we do) Then there's no real reason that anybody can come up with, other than Seattle got the first bid in, to move the team. Which if that was the case they wouldn't of allowed Sacramento to bid for the team.
 
This is something that would make me very angry. That the BOG votes for the Kings to stay in Sacramento but give Seattle an expansion team. That means I wouldn't be able to go over to the Sonics forums and troll them. You know the attitude over there would be "well we didn't want the Kings anyway". lol
 
Great news. Lots of thoughts.

Regarding the hotel, I think it would be cool to build a tall structure similar to what you see at LA Live. With a new tower dominating , it will make the skyline look so much better and more like a real city. Charlotte and OKC have similar situations where one building dominates and it makes the entire skyline look like a more major city. Or is that too expensive and not worth it financially?

As for the Warrior rivalry, I think this could be huge. For the first time ever, the Kings have a top notch ownership group and the Warriors finally have one after that horrific Cohan era. A lot of people don't realize it but since the Kings have come to Nocal, there has never been a season where both teams were in the playoffs in the same season or even where both teams were above .500 in the same season. That makes it tough to build a decent rivalry. With downtown arenas in both markets and top notch ownership in place, we may finally have that. Imagine a playoff series with both teams not only in the post season but matched against each other with both fan bases making the 90 mile trek to represent their team at the other crib. This could be great for both franchises.

What about a timeline? How quickly can this get past the red tape process? How long will it take to tear down the part of downtown plaza that the arena will be located?
 
Great news. Lots of thoughts.

Regarding the hotel, I think it would be cool to build a tall structure similar to what you see at LA Live. With a new tower dominating , it will make the skyline look so much better and more like a real city. Charlotte and OKC have similar situations where one building dominates and it makes the entire skyline look like a more major city. Or is that too expensive and not worth it financially?

As for the Warrior rivalry, I think this could be huge. For the first time ever, the Kings have a top notch ownership group and the Warriors finally have one after that horrific Cohan era. A lot of people don't realize it but since the Kings have come to Nocal, there has never been a season where both teams were in the playoffs in the same season or even where both teams were above .500 in the same season. That makes it tough to build a decent rivalry. With downtown arenas in both markets and top notch ownership in place, we may finally have that. Imagine a playoff series with both teams not only in the post season but matched against each other with both fan bases making the 90 mile trek to represent their team at the other crib. This could be great for both franchises.

What about a timeline? How quickly can this get past the red tape process? How long will it take to tear down the part of downtown plaza that the arena will be located?

They are talking about opening in time for the 2016 season, three years from now.
 
This is something that would make me very angry. That the BOG votes for the Kings to stay in Sacramento but give Seattle an expansion team. That means I wouldn't be able to go over to the Sonics forums and troll them. You know the attitude over there would be "well we didn't want the Kings anyway". lol

As long as we keep the Kings, I'm pretty sure when the time comes nobody is going to care what happens in Seattle. It isn't about what Seattle fans say anyway, is it? Really?

I've quit worrying about what people in Seattle say or do. The only things that matter now are what the city council says on Tuesday and what the BoG decides come April 18., (Don't look for Seattle to bad out ahead of time. There's absolutely no reason for them to do so. They've got a legitimate bid on the table.)
 
As long as we keep the Kings, I'm pretty sure when the time comes nobody is going to care what happens in Seattle. It isn't about what Seattle fans say anyway, is it? Really?

I've quit worrying about what people in Seattle say or do. The only things that matter now are what the city council says on Tuesday and what the BoG decides come April 18., (Don't look for Seattle to bad out ahead of time. There's absolutely no reason for them to do so. They've got a legitimate bid on the table.)

Agreed. The only way I see Seattle backing out is if (like with Anaheim and the Maloofs) Seattle hears that they will get turned down and decide not to "push" the issue. I also think they will only pull out if guaranteed an expansion team. Not counting on that particular sequence to take place, but it is the "ideal" resolution I keep hoping for.
 
Agreed. The only way I see Seattle backing out is if (like with Anaheim and the Maloofs) Seattle hears that they will get turned down and decide not to "push" the issue. I also think they will only pull out if guaranteed an expansion team. Not counting on that particular sequence to take place, but it is the "ideal" resolution I keep hoping for.

I disagree. If they know they don't have the votes they will back out. Going to a vote and losing would set a precedence for any other team they want to buy and move.
 
Agreed. The only way I see Seattle backing out is if (like with Anaheim and the Maloofs) Seattle hears that they will get turned down and decide not to "push" the issue. I also think they will only pull out if guaranteed an expansion team. Not counting on that particular sequence to take place, but it is the "ideal" resolution I keep hoping for.


this is what I am hoping for. There's no reason to believe that we shouldn't have an idea of how they are going to vote before the vote actually happens. That's why I think there could be a backroom handshake deal with Silver and the Seattle group about getting an expansion team once he takes over. That would be a great note to begin on for Silver.
 
News10 said something quite different. They said it would be $340 mil to buy the Kings and $190 mil to pay for the arena. That's the amount Burkle/Mastrove/Ranadive will spend. The difference between that sum and $1 bil would be used to build up the downtown area around the arena. Unless my mind has gone daft, that's an extra $470 million that the investment group is going to spend in Sacramento. I think the smoke needs to clear before we can say what exactly the three are going to spend.




Thank you Livingthedream. This is a BIG deal for Sacramento. Far bigger than originally thought.

And it's not just the three and how much they will spend around the arena. It's all the other private investors out there that will be spending. This is huge news. We're easily looking at $1 billion + infusion into downtown.
 
And it's not just the three and how much they will spend around the arena. It's all the other private investors out there that will be spending. This is huge news. We're easily looking at $1 billion + infusion into downtown.

You're exactly right. The total will be more than $1B when other satellite projects happen.
 
You're exactly right. The total will be more than $1B when other satellite projects happen.

Yeah, I think it's going to blow people's minds what happens over the next five years in downtown Sacramento. Take some photos now, folks, because the old downtown Sacramento is going away.
 
You're exactly right. The total will be more than $1B when other satellite projects happen.

The impact to the local area in regards to kings or the sonics favors the kings by a lot it looks like. 1b vs how much is Seattle putting into their local economy? To me it's no contest.
 
The impact to the local area in regards to kings or the sonics favors the kings by a lot it looks like. 1b vs how much is Seattle putting into their local economy? To me it's no contest.

Assuming the deal is passed by the city council and approved by the NBA, I think this is the biggest selling point in Sacramento's favor. If you're the NBA there's not really a better storyline than how an arena funded in part by using significant public money spurred a revitalization of a city's downtown area. If successful Sacramento would be an example to how mutually beneficial it can be for cities to work with the NBA when it comes time for a new arena.

The "Seattle's a bigger market and will mean more TV & sponsorship money" argument or the even more myopic "the NBA wants Ballmer and his money" are missing out on the larger narrative which is that having a success story in Sacramento bodes well for every other small to medium market team.

What's the narrative on the other side? That billionaires should build their own arenas and stop asking the taxpayers to contribute to the efforts? And that cities shouldn't bother trying to work with the NBA because the NBA will always chase a dollar at the expense of building relationships with the fanbases that support them?

Still hurdles to clear, but I am feeling very confident right now.
 
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Assuming the deal is passed by the city council and approved by the NBA, I think this is the biggest selling point in Sacramento's favor. If you're the NBA there's not really a better storyline than how an arena funding using public money spurred a revitalization of a city's downtown area. If successful Sacramento would be an example to how mutually beneficial it can be for cities to work with the NBA when it comes time for a new arena.

The "Seattle's a bigger market and will mean more TV & sponsorship money" argument or the even more myopic "the NBA wants Ballmer and his money" are missing out on the larger narrative which is that having a success story in Sacramento bodes well for every other small to medium market team.

I agree.
 
Agreed. The only way I see Seattle backing out is if (like with Anaheim and the Maloofs) Seattle hears that they will get turned down and decide not to "push" the issue. I also think they will only pull out if guaranteed an expansion team. Not counting on that particular sequence to take place, but it is the "ideal" resolution I keep hoping for.

Seattle will not pull out and gift the Clowns a $30,000,000 gift. They will stick it out until the BoG rejects the sale, then go after the Clowns to get their money back.
 
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