Kings to Las Vegas?? hmmmm....
- Thread starter CruzDude
- Start date
Well, well. The Bee addresses this issue and puts it in better perspective. No threats to leave, quite the contrary, the Maloofs want to stay. But the NBA is a business and not a pleasure toy for the worlds greatest bunch of NBA fans. Having the great fan base helps for sure but $$ is $$.
Arco Arena just doesn't make the money needed for an NBA franchise. Nor is it the attraction a new arena could be to attract other non-sport arena-filling shows and entertainment.
One fact the city seems to ignore is that the Kings only use an arena for 2-4 preseason games, 41 regular season games, 4-12 post season games and 1-2 other events a year or at most 59 nights out of 365 nights a year. That's only 16% per year. Yet the city/county seems to want the Kings to foot the bill for 75% + of the cost of a new arena. Sure, I'd want that too, but no smart business person is going to do that.
The Kings put 17,000+ people in the arena every game. That supports a lot of vendors, staff and others.
Facts are facts. When a city does not support it's NBA team, teams move to a better venue, to a better arena and to a more business like environment. But read the Bee article from April 1 and see the "tepid support..." locally.
http://www.sacbee.com/content/sports/basketball/kings/story/12654753p-13508147c.html
and Mark Kriedler's article from today, Saturday 16 April
Arco Arena just doesn't make the money needed for an NBA franchise. Nor is it the attraction a new arena could be to attract other non-sport arena-filling shows and entertainment.
One fact the city seems to ignore is that the Kings only use an arena for 2-4 preseason games, 41 regular season games, 4-12 post season games and 1-2 other events a year or at most 59 nights out of 365 nights a year. That's only 16% per year. Yet the city/county seems to want the Kings to foot the bill for 75% + of the cost of a new arena. Sure, I'd want that too, but no smart business person is going to do that.
The Kings put 17,000+ people in the arena every game. That supports a lot of vendors, staff and others.
Facts are facts. When a city does not support it's NBA team, teams move to a better venue, to a better arena and to a more business like environment. But read the Bee article from April 1 and see the "tepid support..." locally.
http://www.sacbee.com/content/sports/basketball/kings/story/12654753p-13508147c.html
and Mark Kriedler's article from today, Saturday 16 April