Kings owners balk at paying costs for planning Sacramento arena
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This is one issue but the underlying issue is that they may be broke by NBA owner standards and as a result, we will never be competitive. Isn't there some way the NBA can force them to sell? I suppose without pictures of them in bed with Stern's wife, the answer is no. These owners are not going to vote to make it even a remote possibility that they could lose THEIR ownership by a simple vote of other owners. This is off topic or is it? 
Page 10 of this document indicates they did agree. And also page #3 of the term sheet attachment says they agreed to put in 25%.
http://sacramento.granicus.com/MetaViewer.php?meta_id=380725&view=&showpdf=1
I think the term "weasel" is appropriate here.
http://sacramento.granicus.com/MetaViewer.php?meta_id=380725&view=&showpdf=1
I think the term "weasel" is appropriate here.
Exactly.
And here I think it would be prudent to separate the Maloofs.
You can tell that Gavin genuinely wants to be in Sac and is willing to be a good owner. George appears to want to sabotage this deal any chance he gets. This look very, very poor to start haggling over the freakin pre development costs that just signed a term sheet to.
Edit: Ha! Just checked the link again and apparently the NBA (!!!) came in (swiftly I might add) to cover the Maloof's ***. Stern is so far up their *** it's not even funny.
And here I think it would be prudent to separate the Maloofs.
You can tell that Gavin genuinely wants to be in Sac and is willing to be a good owner. George appears to want to sabotage this deal any chance he gets. This look very, very poor to start haggling over the freakin pre development costs that just signed a term sheet to.
Edit: Ha! Just checked the link again and apparently the NBA (!!!) came in (swiftly I might add) to cover the Maloof's ***. Stern is so far up their *** it's not even funny.
Well this isn't good, or is it. Hard to say without all the facts.
Do Joe and Gavin want to back out, or was this all the weasel George?
Can they not afford the payment already agreed upon? That gives me hope we might one day have new owners who can afford a legit roster and coach.
Are the Maloofs going against their word and agreement? Is it in search of a better deal or can they seriously not afford this small amount? If that are that broke it explains a lot, none of it good.
But Stern seems dead set on keeping the team here, and if the Maloofs are already having money problem.....
Do Joe and Gavin want to back out, or was this all the weasel George?
Can they not afford the payment already agreed upon? That gives me hope we might one day have new owners who can afford a legit roster and coach.
Are the Maloofs going against their word and agreement? Is it in search of a better deal or can they seriously not afford this small amount? If that are that broke it explains a lot, none of it good.
But Stern seems dead set on keeping the team here, and if the Maloofs are already having money problem.....
1 - This arena is going to get built and the opening game will be in 2015.
2 - Who will be the owner of the team in 2015 is seriously not a certainty.
3 - I have no idea what prompted this flurry of a desperate move by George and swift response by Stern today. But I'm almost certain this a big time chess match behind the scene and we don't know even half the story.
4 - See #2 again.
2 - Who will be the owner of the team in 2015 is seriously not a certainty.
3 - I have no idea what prompted this flurry of a desperate move by George and swift response by Stern today. But I'm almost certain this a big time chess match behind the scene and we don't know even half the story.
4 - See #2 again.
The news on 13 led with this story. It said that David Stern has issued a statement saying the league will cover the first installment of the $3.5 million the Maloofs are supposed to pay. I have to believe that Stern has just about had it with the Maloofs at this point. Does anybody have Ron Burkle's private number?
I have stayed out of the new owner arguments for a very long time. I am done. Finished. I don't know what George or any of the other Maloofs are thinking and I'm beyond caring. They've stabbed me - AND ALL KINGS FANS - in the heart for the last time.
I have stayed out of the new owner arguments for a very long time. I am done. Finished. I don't know what George or any of the other Maloofs are thinking and I'm beyond caring. They've stabbed me - AND ALL KINGS FANS - in the heart for the last time.
You know, during all this seemingly interminable fuss about the arena I've been worried, I've been sad, I've been depressed, and I've been heart-broken. (And all too briefly, I was elated and relieved.) Until tonight, though, I have never been flat-out mad.
These are OUR KINGS they're screwing around with, not theirs. They may own the franchise but they don't buy the jerseys, they don't bleed purple, they don't spend money on tickets that should really be spent on everyday living costs, they don't drive for hours to see a game, they don't miss family events to make sure they see the game, they don't cry when a favorite player is traded and they certainly don't give a rat's patoot about the fans.
Yes, it's true. The NBA is a business and to the Maloofs, we're nothing more than cash cows and I'm tired of it. I will not forgive them without a formal apology to each and every fan whose heart has been ripped out and stomped on by their financial and managerial ineptitude. And while they're at it, they'd better take out a full page ad to apologize to Kevin Johnson and #FANS and everyone else who has put their lives on hold to find a way to get the new arena the Maloofs have whined about for so long.
I love my Kings and I'm tired of seeing them run by the Keystone Cops of NBA owners.
These are OUR KINGS they're screwing around with, not theirs. They may own the franchise but they don't buy the jerseys, they don't bleed purple, they don't spend money on tickets that should really be spent on everyday living costs, they don't drive for hours to see a game, they don't miss family events to make sure they see the game, they don't cry when a favorite player is traded and they certainly don't give a rat's patoot about the fans.
Yes, it's true. The NBA is a business and to the Maloofs, we're nothing more than cash cows and I'm tired of it. I will not forgive them without a formal apology to each and every fan whose heart has been ripped out and stomped on by their financial and managerial ineptitude. And while they're at it, they'd better take out a full page ad to apologize to Kevin Johnson and #FANS and everyone else who has put their lives on hold to find a way to get the new arena the Maloofs have whined about for so long.
I love my Kings and I'm tired of seeing them run by the Keystone Cops of NBA owners.
