Here We Stay - Keep the Kings in Sacramento

[TTown Kings]

I know this is from another site so hopefully it's okay to post here. I feel this is important for all the members of the Kings community regardless of which blogs and discussion boards you frequent or partcipate in most often. Every little bit helps. Let's keep the Kings in Sac.

http://www.sactownroyalty.com/2010/10/27/1777456/here-we-stay#storyjump

 

[NoBonus]

I went ahead and sent out the form email to all of the people on the list and got 4 or 5 responses!

 

[TheWileyVet]

Emails sent

 

[TheWileyVet]

Everyone on this board should send there emails. It only took 5 mins and there is no reason not to!

 

[TheWileyVet]

Sent my emails just before 6:30. I've gotten 3 responses within 2 hrs

 

[love_them_kings]

My emails are sent. Definitely can't hurt!

 

[Warhawk]

Sent.

 

[sacgirl88]

I sent my emails 2 and I got a few email responses

 

[TheWileyVet]

We should keep the ball rolling on this. Emails def dont hurt. I sent the link to a bunch of my fellow Kings fans on FB

 

[kennadog]

I will send e-mails, I swear. Its just been incredibly busy for me this week and last weekend, too. Geez, I've hardly had time to breathe.

 

[MoneyMike916]

E-mails sent to every one of them.

 

[TheWileyVet]

Anyone see this??


http://www.kcra.com/download/2010/0630/24099535.pdf

 

[TheWileyVet]

bump

 

[TheWileyVet]

bump! send emails and add them on FB!

 

[NoBonus]

Now to start emailing Jerry Brown... he believes in the Federal Government stimulus spending... what better use than an new arena in Sac?

 

[pdxKingsFan]

Now to start emailing Jerry Brown... he believes in the Federal Government stimulus spending... what better use than an new arena in Sac?

I don't believe this is strictly a left/right issue, but the important thing to know would be whether the rumored move that is already on the works is in or outside of California. Because to get the state involved they'd need to know they'd be losing the team, not just moving from one part of the state to another.

The one real possible positive that Jerry Brown brings is that he is the first Governor to have his base in Northern California since... himself.

 

[NoBonus]

I don't believe this is strictly a left/right issue, but the important thing to know would be whether the rumored move that is already on the works is in or outside of California. Because to get the state involved they'd need to know they'd be losing the team, not just moving from one part of the state to another.

The one real possible positive that Jerry Brown brings is that he is the first Governor to have his base in Northern California since... himself.

Left/Right/ Who cares! I just want the Kings to stay in Sac!

 

[Arco Thunder]

I don't believe this is strictly a left/right issue, but the important thing to know would be whether the rumored move that is already on the works is in or outside of California. Because to get the state involved they'd need to know they'd be losing the team, not just moving from one part of the state to another.

The one real possible positive that Jerry Brown brings is that he is the first Governor to have his base in Northern California since... himself.

...outside. Hopefully just a rumor, but enough that e-mails have been sent guaranteeing it (not just verbal). I'm hoping that key people will wake up, and do whatever needs to be done before it's too late. The Kings won't be the Kings, unless they are THE Sacramento Kings. They belong here. Period.

 

[pdxKingsFan]

I nominate the guy with the confidential source to contact the incoming Governor

 

[Arco Thunder]

I nominate the guy with the confidential source to contact the incoming Governor

Never underestimate the power of a woman..

 

[pdxKingsFan]

doh.

 

[nbaFan]

its gotta be Las Vegas or Seattle then, i cant picture them going to kc or louisville

 

[Lafayette]

http://www.sacbee.com/2010/11/09/3172832/mayor-johnson-says-new-railyard.html

 

[Arena Skeptic]

http://www.sacbee.com/2010/11/09/3172832/mayor-johnson-says-new-railyard.html

I'm kind of reluctant to say anything because of my rep, but I'm not encouraged by this, either. We're all concerned about "deep pockets". Well, last week, the Bee reported that Inland's cash reserves fell from $1.4B to $220M in just one year.

Even if they build it, this means the issue of financing won't be resolved, at all. They clearly have to borrow money to build, well, anything in the railyards, or sell off some other asset they own (which would make this a zero-sum game for them -- they'd have little motivation to do this).

So, that leaves the ages-old question: Who are they going to borrow from? And they won't expect to lose money, so the Maloofs will either have to pay the whole thing, or the City will have to pay the rest of it (through a TIF, perhaps -- but still substantial public funding).

Nice to see Inland in the mix; we still have this monumental money issue.

I don't like it.

 

[Bricklayer]

I'm kind of reluctant to say anything because of my rep, but I'm not encouraged by this, either. We're all concerned about "deep pockets". Well, last week, the Bee reported that Inland's cash reserves fell from $1.4B to $220M in just one year.

Even if they build it, this means the issue of financing won't be resolved, at all. They clearly have to borrow money to build, well, anything in the railyards, or sell off some other asset they own (which would make this a zero-sum game for them -- they'd have little motivation to do this).

So, that leaves the ages-old question: Who are they going to borrow from? And they won't expect to lose money, so the Maloofs will either have to pay the whole thing, or the City will have to pay the rest of it (through a TIF, perhaps -- but still substantial public funding).

Nice to see Inland in the mix; we still have this monumental money issue.

I don't like it.

I believe Inland has about $30bil+ in assets. I don't see financing being a problem for them, if its required as part of a deal. But yes, it will still require other money to make it a winner for them -- no reason for anybody to act if its not in their financial interests. I think the keys are still the land Arco sits on today, as well as developers willing to pay in exchange for land to develop, and possibly the theme park company from San Diego. But having a huge solvent player in charge of the railyards opens up a lot of doors. Neither they, or anybody, are going ot do anything for free. But for the right plan they can grease the wheels financially.