Kings May File for Relocation Before Deadline

[Peter_Gibbons]

Somehow I feel that a lot of this is going to depend on Samueli's willingness to loan more money to the Maloofs.

While this seems like a Kings business deal, I won't be surprise if the Maloofs may leverage this situation by asking Samueli for more money than the $100 million so they can use a big chunk of it to finance the Palms debt. It may just allow them to retain enough to keep majority ownership. If the Maloofs can get say... $150-$200 million in loans, they might make that move to Anaheim because now they can breath a lil with their Palms situation. Even though the Kings and Palms are two separate businesses, they are own by the same people. If Samueli doesn't sweeten the deal by loaning them more money, the Maloofs have less motivation to move this year.

 

[king07]

will Grant, Jerry and gary gerould move with team? Pete Carril retire again? will this move atleast make the ______ hire a REAL coach?

God I hope so. If the Kings leave, I want Grant to be the first one out of here. That might be the only good thing to come out of all this. Not to mention, he hates Sacramento so he's probably praying for it to happen.

 

[Uncia03]

God I hope so. If the Kings leave, I want Grant to be the first one out of here. That might be the only good thing to come out of all this. Not to mention, he hates Sacramento so he's probably praying for it to happen.

I just had a very bad thought. What if the Kings relocate and Bill Walton become a permanent broadcaster?

I can take Walton in very small doses, perhaps once every few games about 5 minutes at a time.

I'm not certain I could handle him for a full 82.

 

[Showtime]

It would be a colossally dumb move in my opinion. The great majority of people in SoCal are Laker fans by default and wouldn't give two ****s about The Kings (or whatever they'd be called). Heck, The Clippers don't even sell out their games and they have the most exciting player in the NBA. If the Clippers can't even sell out in a market with 10+ million, what makes them think The Kings would do any better right next door?

1. The Clippers still average more fans at their games than ARCO does. It stands to reason that by tapping into the anaheim/long beach basketball fans, as well as San Diego fans, they could at worst do better than they are now, which is at the bottom of the league.

2. So, even if they averaged the same attendance (for argument's sake), why move then? Because of a much better opportunity to generate revenue with better corporate support, and a large market.

3. The venue is superior.

 

[Tetsujin]

1. The Clippers still average more fans at their games than ARCO does. It stands to reason that by tapping into the anaheim/long beach basketball fans, as well as San Diego fans, they could at worst do better than they are now, which is at the bottom of the league.

That's the Blake effect working, and we all seem to forget that they were actually respectable last year with Kaman and Davis

 

[The Hammer]

Wow!! That's some great footage! Love the shots of the old arco. I can picture right where my grandpa's seats were. It really does look like a warehouse looking back. Just crazy. And I think I went to one of those practices. Man. Crazy memories!

Dudes in tux's at the first game!! Damn those fans were happy! And I was one of them! I wasn't actually at the very first game. I remember it was on halloween. No way was I going to miss trick or treating, but it was a very tough call. Went to one soon after. Probably the loudest crowds ever. People think the glory years were loud. I'm sure they were. But when you put people in an echoing warehouse with hollow plywood stands, and then they figure out that you can stomp on them and a huge THUNDERing noise results.... you can't really re-create that!

 

[Geoff]

Forgot to add this.

We shouldn't discount Stern's threat of contraction. The Maloof brothers are not married family men looking to bring up their kids in a nice town. They are playboys who were willing to sell off the business that their dad bequeathed to them. The Kings are a big expensive toy to them. At one time they had the keys to this city, and it was fun for them. Now they are no longer the respected big fish that they once were here. Not as much fun playing with that toy anymore. But they still don't want the big bully grabbing it away from them. Better to be the "beloved guys finally bringing the NBA to the OC" then the guys who lost their team to contraction because they were in a deadend half full arena. The fans in OC will love them just as much as we did when they took over here. Afterall, the faces don't look THAT different when they are wearing team colors, right?

Your post, sir, is full of warm smelly stuff that bovines egest.

 

[Fireplug]

Your post, sir, is full of warm smelly stuff that bovines egest.

Geoff, how I wish I still had your naivete. I've been chatting online about the Kings since long before this board existed, though, when one had to be a member of America Online to be able to chat about sports online. I was one of the guys in tuxedos that opening night and was once so enthusiastic that I ran my own Kings site and forum that was one of the busiest at the time. I've gone through ALL of the ups and downs with the team, friend, and I can honestly say this is our bleakest moment. As your tagline says... I may be wrong, but I doubt it.

 

[Geoff]

I'm referring to your characterization of the Maloofs. I'll admit that I'm an out-of-towner, never been to Sacramento and probably never will get there, but I don't see how anyone can imply in any way that the Kings are just an expensive toy/something they don't care about. They've done dumb stuff as owners (see Musselman for Adelman) but that doesn't translate into them not caring about the team.

I agree with you that this is the Kings bleakest moment, but whatever happens (contraction, relocation, any other thing negative outcome), no one can lay any blame at the Maloof's feet. If the Kings move, the city of Sacramento will have no one to blame but itself.

 

[Section 101]

1. The Clippers still average more fans at their games than ARCO does. It stands to reason that by tapping into the anaheim/long beach basketball fans, as well as San Diego fans, they could at worst do better than they are now, which is at the bottom of the league.

2. So, even if they averaged the same attendance (for argument's sake), why move then? Because of a much better opportunity to generate revenue with better corporate support, and a large market.

3. The venue is superior.

But they lose parking and consession money.

 

[cstorm]

I wonder if the teams value goes up located in S. Cal?

 

[Dime Dropper]

I don't have the time to post as frequently as I would like nowadays, but I still visit the forum multiple times a day and have invested in League Pass so I now get to see all of the games. It's a real shame that the Kings might move within the next couple years (and it's looking very likely). I feel genuinely heartbroken that Sacramento may have it's team and only pro-sports franchise taken away. I don't blame the Maloofs - you cannot expect them to take losses every year for nothing. It doesn't make sense, as much as people may be mad at them. They're not perfect owners, but they're passionate about their team and they really did try to get the arena done.

I feel very angry that certain people in Sacramento did not push through with the arena. There must be alot of idiots, plain and simple, with jobs which were too important for them. The result is going to be that thousands of fans could lose their beloved team. I am not in any way tied to Sacramento so I will follow the franchise, however I can honestly say it will be a bitter pill to swallow. There are so many fans on this site who do not deserve to lose this team. I've made friends here and met some great people. It will break my heart if the franchise moves. I hope that people do everything they can to get the Kings to stay, there really is not enough time left for people to sit around on this one. It's get active, or risk losing this franchise for good.

 

[Glenn]

I did this research many years ago: ticket prices typically are boosted about 25% when a new arena is built. There's a lot at stake.

 

[Glenn]

I don't and wouldn't blame them for leaving. What i can and will blame them for is sending mixed signals and not being entirely honest about their intentions.

The Maloofs have said they don't want to move. The Maloofs may HAVE to move. These aren't mixed signals. They are addressing two diffent aspects of the same subject. Also, the day the Maloofs sell the team is the day the earth stands still. Basketball is in their blood and their father's blood.

 

[Fireplug]

I'm referring to your characterization of the Maloofs. I'll admit that I'm an out-of-towner, never been to Sacramento and probably never will get there, but I don't see how anyone can imply in any way that the Kings are just an expensive toy/something they don't care about. They've done dumb stuff as owners (see Musselman for Adelman) but that doesn't translate into them not caring about the team.

I agree with you that this is the Kings bleakest moment, but whatever happens (contraction, relocation, any other thing negative outcome), no one can lay any blame at the Maloof's feet. If the Kings move, the city of Sacramento will have no one to blame but itself.

Ummm..... OK. I am not sure where you got that they don't care about the team because I said nothing of the sort. If your teen has a new xbox which is his favorite plaything, does he care if you take it away? I guess I should be happy you called BS on something I didn't actually say. On the contrary, I pointed out that the Kings DO care about losing the team so much that they would rather move it to stave off a contraction payoff. And no one can argue that they are playboys (you have seen their Palms commercials, haven't you?)

Would it make it easier to understand if instead of a toy I compared the Kings team to a pet?

Right now, the Maloofs love their dog "King" very much, and would love to play with him every day. However, "King" is living at grandma's house because grandma was the one who had "King" first, and she had a backyard that "King" could run around in. So little Gavin and Joe decide to move into a room at grandma's house, even though grandma is kind of old fashioned. Grandma loves them dearly, but she doesn't give them as much allowance as they are used to back at mom's house. Also, "King" is a big dog and grandma's backyard is kind of small and grandma doesn't have enough money for a new house.

Soooo, "King" develops allergies because of all the pollen in grandma's Sacramento backyard, and the vet bills to treat "King" are getting really expensive. Joe and Gavin's sister says, "Hey, I'm living down here South of you now, and there is a place with a bigger backyard for "King" to run around in. Why don't you come live with me down here where there is smog but no pollen so "King" wont necessarily be healthier but won't cost so much in vet bills." Now Little Joe and Gavin love "King" and their sister, and they love grandma, but grandma's house has never felt as comfortable as the type of house they are used to living in. They then also get a letter from the SPCA saying that "King" may be taken away from them if they don't do something.

What would you do?

 

[Capt. Factorial]

Right now, the Maloofs love their dog "King" very much, and would love to play with him every day. However, "King" is living at grandma's house because grandma was the one who had "King" first, and she had a backyard that "King" could run around in. So little Gavin and Joe decide to move into a room at grandma's house, even though grandma is kind of old fashioned. Grandma loves them dearly, but she doesn't give them as much allowance as they are used to back at mom's house. Also, "King" is a big dog and grandma's backyard is kind of small and grandma doesn't have enough money for a new house.

Soooo, "King" develops allergies because of all the pollen in grandma's Sacramento backyard, and the vet bills to treat "King" are getting really expensive. Joe and Gavin's sister says, "Hey, I'm living down here South of you now, and there is a place with a bigger backyard for "King" to run around in. Why don't you come live with me down here where there is smog but no pollen so "King" wont necessarily be healthier but won't cost so much in vet bills." Now Little Joe and Gavin love "King" and their sister, and they love grandma, but grandma's house has never felt as comfortable as the type of house they are used to living in. They then also get a letter from the SPCA saying that "King" may be taken away from them if they don't do something.

What would you do?

I'd call the Metaphor Police.

 

[Fireplug]

I'd call the Metaphor Police.

Ha Ha Ha!

 

[Glenn]

I don't have the time to post as frequently as I would like nowadays, but I still visit the forum multiple times a day and have invested in League Pass so I now get to see all of the games. It's a real shame that the Kings might move within the next couple years (and it's looking very likely). I feel genuinely heartbroken that Sacramento may have it's team and only pro-sports franchise taken away. I don't blame the Maloofs - you cannot expect them to take losses every year for nothing. It doesn't make sense, as much as people may be mad at them. They're not perfect owners, but they're passionate about their team and they really did try to get the arena done.

I feel very angry that certain people in Sacramento did not push through with the arena. There must be alot of idiots, plain and simple, with jobs which were too important for them. The result is going to be that thousands of fans could lose their beloved team. I am not in any way tied to Sacramento so I will follow the franchise, however I can honestly say it will be a bitter pill to swallow. There are so many fans on this site who do not deserve to lose this team. I've made friends here and met some great people. It will break my heart if the franchise moves. I hope that people do everything they can to get the Kings to stay, there really is not enough time left for people to sit around on this one. It's get active, or risk losing this franchise for good.

I've written several notes about this. This is not a normal town and I don't mean that in a bad way. It is made up of transients with very few life timers compared to other cities. The attachment to Sacramento is weak. I think having no large industry impacts this somehow.

I know that in Minneapolis there are huge industries and they and the citizns are willing to open their pocket book in a time of need. It's no one's fault in the sense of the type of people that are drawn to this city: politicians, retirees, etc. Heck, the Maloofs are outsiders, I'm an outsider.

 

[Glenn]

I'd call the Metaphor Police.

Same here. Nicely done, though.

 

[Geoff]

Now Little Joe and Gavin love "King" and their sister, and they love grandma, but grandma's house has never felt as comfortable as the type of house they are used to living in. What would you do?

In addition to calling the metaphor police, I'd say that this particular statement exposes your bias against the Maloofs. It's not about what "house" they are used to living in, but what "house" is best for "King" to live in. If Grandma doesn't give a whit about "King" or making it a better place for King to live, then yes, they should move.

 

[Fireplug]

In addition to calling the metaphor police, I'd say that this particular statement exposes your bias against the Maloofs. It's not about what "house" they are used to living in, but what "house" is best for "King" to live in. If Grandma doesn't give a whit about "King" or making it a better place for King to live, then yes, they should move.

I can't have a serious discussion with you if you continue to pick out one sentence out of my posts to try to put words in my mouth. Ask the oldest timers around here about my Kings support pedigree. Read it again, please, along with my other two long posts in this thread and hopefully this time you will notice that EVERYTHING is to blame. It is a perfect storm sinking our hopes.

 

[Fireplug]

Same here. Nicely done, though.

Hi, Glenn. We've seen a lot on this rollercoaster ride of being Kings fans, huh. Haven't posted much on any board in a long while and finally had to come back out from under my rock, but have remained a steadfast fan. Sad to think it might be over.

 

[kennadog]

That was a dumb move but taking on a 100 million dollar loan to leave a city that's trying to build you an arena that you also happen to owe 70 million to just so you can go compete with The Lakers and Clippers is a whole other level of dumb.

First, it wasn't $100 million. Two, its wasn't the Maloofs who asked for or received the loan. They assumed the loan when they bought the team. The prior owner needed the loan, becasue they were going bankrupt and were going to have to sell. Of course, it didn't save them and they had to sell anyway. Sacramento was just licky that the Maloofs didn't move the team elsewhere 10 years ago. Also, the prior owner was desperatly trying to get an arena built, so the team has actually been trying to get a new arena for 14 years, not just ten. Since other teams in the NBA were getting public help to build an arena, why wouldn't the Maloofs have assumed it would happen here in Sacramento? The economy was going great guns and public coffers were brimming and then the team became great.

Fourteen years is a long time to be patient. I don't blame the Maloofs at all, if the team moves. Actually, the city is kicking them out. Something a city rarely does to one of its bigger businesses and employer.

 

[Glenn]

Hi, Glenn. We've seen a lot on this rollercoaster ride of being Kings fans, huh. Haven't posted much on any board in a long while and finally had to come back out from under my rock, but have remained a steadfast fan. Sad to think it might be over.

33 posts? Man, don't pull a muscle.

 

[Fireplug]

33 posts? Man, don't pull a muscle.

Ha Ha, well to be fair I lost a lot of post count back when the forum crashed a couple times years ago.


And I have 50,000 or so on all the boards combined from back in our heyday.

 

[Capt. Factorial]

First, it wasn't $100 million. Two, its wasn't the Maloofs who asked for or received the loan. They assumed the loan when they bought the team.

I think the reference was actually to the reported $100M loan that would be given to the Maloofs in a move to the Honda Center in Anaheim, and how it wouldn't make that much sense to take out a bigger loan to pay off a smaller one (the one owed to Sacramento). However, an L.A. Times report within the last day or two has suggested that the reported $100M loan was not offered. (Link)

 

[Arco Thunder]

33 posts? Man, don't pull a muscle.

Don't mess with Fireplug. He's just as passionate about the Kings as anybody on this board. Anybody.

 

[Gary]

Ha Ha, well to be fair I lost a lot of post count back when the forum crashed a couple times years ago.


And I have 50,000 or so on all the boards combined from back in our heyday.

I remember ya before the Sept 2004 crash

 

[kennadog]

I think the reference was actually to the reported $100M loan that would be given to the Maloofs in a move to the Honda Center in Anaheim, and how it wouldn't make that much sense to take out a bigger loan to pay off a smaller one (the one owed to Sacramento). However, an L.A. Times report within the last day or two has suggested that the reported $100M loan was not offered. (Link)

oops, my mistake, I mis-read it.

 

[bajaden]

Somehow I feel that a lot of this is going to depend on Samueli's willingness to loan more money to the Maloofs.

While this seems like a Kings business deal, I won't be surprise if the Maloofs may leverage this situation by asking Samueli for more money than the $100 million so they can use a big chunk of it to finance the Palms debt. It may just allow them to retain enough to keep majority ownership. If the Maloofs can get say... $150-$200 million in loans, they might make that move to Anaheim because now they can breath a lil with their Palms situation. Even though the Kings and Palms are two separate businesses, they are own by the same people. If Samueli doesn't sweeten the deal by loaning them more money, the Maloofs have less motivation to move this year.

I can only go on what the Maloofs have said in the past. They've stated that they keep the finances of the Kings and all their other businesses seperate from one another. That each enterprize has to stand on its own, and money from one won't be used to support another. In other words they won't borrow from Peter to pay Paul. Of course they said that while their empire was on steady ground. Still, its good business to keep them seperate.