http://www.slamonline.com/online/blogs/2011/01/kings-to-anaheim-details-on-a-proposed-plan/
KFBK's Rob McAlliser reported:
“A recent meeting between the two sides went as so: It seems that Henry Samueli (owner of the NHL’s Anaheim Ducks) would give the Kings a 100-million dollar loan to move the team to Anaheim. The Kings could use that cash to pay off debt, as well as cover territorial rights fees that would be owed to the Lakers and Clippers for moving to the Los Angeles area. The Maloof’s would keep majority stake in the team, but should the Palms’ owners default, Samueli would likely get some control of the Kings. How much control is not clear.”
KFBK's Rob McAlliser reported:
“A recent meeting between the two sides went as so: It seems that Henry Samueli (owner of the NHL’s Anaheim Ducks) would give the Kings a 100-million dollar loan to move the team to Anaheim. The Kings could use that cash to pay off debt, as well as cover territorial rights fees that would be owed to the Lakers and Clippers for moving to the Los Angeles area. The Maloof’s would keep majority stake in the team, but should the Palms’ owners default, Samueli would likely get some control of the Kings. How much control is not clear.”