ESPN Anaheim Kings
- Thread starter =LarryLegend=
- Start date
Handle the truth? Your pulling an opinion out of your a** and calling it the truth. Truth needs evidence. A theory, is just a theory, until.....evidence is produced.
You sound exactly like the bafoons who lived 500 years ago, and were so damn sure of themselves and their so called truth, that the earth was flat. Yet.....no evidence, at it all proved to be utterly rediculous.
You sound exactly like the bafoons who lived 500 years ago, and were so damn sure of themselves and their so called truth, that the earth was flat. Yet.....no evidence, at it all proved to be utterly rediculous.
They didn't build it the whole thing with their own cash. The bank loaned them most of the money to build the Palms. If they'd been able to build the Palms on their own, they wouldn't be looking at losing the Palms, or at least their majority ownership of it.
I couldn't afford to build my house, but a lender helped me out. I'm sure the Palms seemed to the back like a reasonably safe investment at the time. So did a lot of lenders who loaned people money to buy a house. It didn't seem like a bad decision at the time, for a whole lot of people in this country.
Certain businesses are a little riskier. That's where governement help comes in. That's why the FHA mortage was created and why mortage interest became an allowable tax deduction. Government subsidizes a ton of businesses, too.
I couldn't afford to build my house, but a lender helped me out. I'm sure the Palms seemed to the back like a reasonably safe investment at the time. So did a lot of lenders who loaned people money to buy a house. It didn't seem like a bad decision at the time, for a whole lot of people in this country.
Certain businesses are a little riskier. That's where governement help comes in. That's why the FHA mortage was created and why mortage interest became an allowable tax deduction. Government subsidizes a ton of businesses, too.
I guess the question to ask after watching this video is are the Maloofs BROKE? If they are, then what makes them think they can move to a bigger house in a nicer neighborhood? I think the Maloofs are not dumb. They have nearly turned this thing around in Sacramento. If they move it will be the dumbest thing they do before they are forced to sell the team. And they WILL have to sell the team. I predict that if the Kings move to LA, they will be trying to sell the team within 2 years. And it will be a hard sell too because the NBA does NOT like a team bouncing around from city to city. So the new owners would probably have to try and make it work in LA before they were given the OK to move the team. Not a big selling point. If the Maloofs just got more involved in the efforts here, they could have a new arena with some of their money and rolling over the debt they have on the old building. Hopefully they will see the wisdom of staying in Sacto. If not, then if they go they will be broke and they will be tenants in a building that they will be sharing with a hockey team that not only owns the building but is more popular than they will be. How did it get to this? I am still holding out hope that the Maloofs have a change of heart and at least give the ICON group a chance to try and make this work. There is a major push from the Mayors office and the business community leaders in the Downtown area. People just dont understand the kind of economic Catalyst a new arena in the railyards would be. An overnight Renaissance of the downtown area. A transportation hub for all area transportation. Even the possibility of putting in a lite rail spur to the new Airport. If they could also get an anchor Hotel chain like the Hyatt or maybe even another large Hotel conglomerate to come in and build a 4 star Hotel within the complex as well as selling business spaces in the complex itself to serve the generated traffic that events and everyday traffic that would be created would be a big advantage. The Maloofs would probably want a cut of the parking and so they will need to create a huge parking area and perhaps a parking structure that is part of the entertainment facility. It could work if all sides give a little. The city and county are gonna have to pony up some money by way of a tourism tax on taxi's and hotel rooms, but that will be a small price to pay and would not take money from the black hole known as the general fund. If it is presented as a transportation hub first, an destination jewel in the middle of the city, and then an entertainment and sports complex last, it would be a better sell to the people. Even the left likes concerts and events. And it may in fact reduce the traffic snarl downtown by creating a transportation hub with taxis, buses, and lite rail all leaving the station at the Rail Yards. Come on Sacramento! We need our city to move into the 21st century and we NEED this downtown catalyst to help turn the economy around!
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I wish I could just become a warriors fan and pretend everything is ok but it just wouldn't be the same.... their core just doesn't captivate me the way our kings have. We were building a championship in sacramento... but the maloofs feel like giving the fruit of our patience and heartbreak to another undeserving city.
Part of what this will do is fracture the Sacramento fanbase into a host of competing camps. No more being united. Some portion is going to turn off the NBA altogether. Some portion will try to keep contact wiht and follow the Kings in their new home. Some will defect to the Warriors as the marketing moves in, and with them always available on TV. If at some point Ellison does get a team into San Jose, some will go that way. But walkign aroudn the streets of Sacto there is never going to be a common cause again. That too is sad. Even if at some point the epitome of idiocy is realized, and a new arena is built, this time without any help at all from a rich major tenant and entirely on the back of the citizen, it won't be the Kings, and with old loyalties so splintered all over California the new team isn't going to own the town until its had a long string of success.
Nope, sorry Section, Sacramento had to choose whether to be Newark -- the depressed and defeated city looking out in envy at the bright lights of the big city across the swamps, or Philadelphia, stubbornly independent and proud and willing to tangle with that big city at the slightest provocation. It chose Newark, and took a nice healthy step back toward suburbhood. But don't you worry -- just remember Sacramento is perfectly situated just an hour away from all kinds of places people actually want to be. Like Stockton. 
Nope, sorry Section, Sacramento had to choose whether to be Newark -- the depressed and defeated city looking out in envy at the bright lights of the big city across the swamps, or Philadelphia, stubbornly independent and proud and willing to tangle with that big city at the slightest provocation. It chose Newark, and took a nice healthy step back toward suburbhood. But don't you worry -- just remember Sacramento is perfectly situated just an hour away from all kinds of places people actually want to be. Like Stockton.
They are vile, but ruggedly, rabidly loyal...to the franchises at least. Those teams are the embodiment and face of the city, their weapons in an ongoing war for respect with the glamour cities. They live and die with them. If one of them tried to pick up and leave at this stage of the game, there would probably be rioting in the streets. Literally. You might find the owner at the bottom of the Schuylkill wearing concrete galoshes. With his family. And possibly his dog.
Id like to do something like this. I really would but i just feel like the NBA and Darth Stern dislike us small markets so much that my inclination is to just raise my middle finger in a 1 finger salute to the NBA. The NBA can sit on it and spin. And i hope the kings fail in the worst way and the maloofs ultimately sell the team.
Luckily there is baseball and football.
Luckily there is baseball and football.
Whether we like it or not, we will be in Warriors market territory. Once the Kings are gone, they can expand back into the valley and possibly Reno. Which means we won't get Warriors games blacked out anymore. That said, the NBA is not on my list of items to spend money or time on as long at they consider Sacramento dead to them.
San Jose is not going to happen. Larry has been throwing blank checks at teams with the caveat of moving to the HP Pavilion. Rumor has it the Kings were one of those teams he tried to buy. So far Stern has been not helping him. In fact he got new owners in who would keep the Warriors in Oakland and be open to move to his secret wish city, San Francisco. Larry's mansion is local to San Jose and he wants it there - period. Stern has wet dreams of a San Francisco arena.
San Jose is not going to happen. Larry has been throwing blank checks at teams with the caveat of moving to the HP Pavilion. Rumor has it the Kings were one of those teams he tried to buy. So far Stern has been not helping him. In fact he got new owners in who would keep the Warriors in Oakland and be open to move to his secret wish city, San Francisco. Larry's mansion is local to San Jose and he wants it there - period. Stern has wet dreams of a San Francisco arena.