Official media release on NBA.com
- Thread starter JB_kings
- Start date
Fireplug
Bench
"However, if an arena plan cannot be finalized in a timely fashion, the NBA¹s relocation committee has assured Maloof Sports and Entertainment that it will support an application to move the franchise to another market starting in 2012-13.”
We now have our official ultimatum and deadline, backed by the full power of the NBA Board of Governors.
We have less than one year.
Let's get it done.
No more time left for posturing or pride.
However we can get this done we need to do it. Whichever plan allows something to get done, do it.
We now have our official ultimatum and deadline, backed by the full power of the NBA Board of Governors.
We have less than one year.
Let's get it done.
No more time left for posturing or pride.
However we can get this done we need to do it. Whichever plan allows something to get done, do it.
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Livinthedream
All-Star
The fact that they need to tell us today that the NBA will approve a move to another market next year tells you that they were forced back. Also lets me know they will be less than fully cooperative in getting an arena built. Hope we can get this done without their assistance or input.
Siranthony
Starter
It's official baby! I'm thrilled! But we still ned to get the areana done! Congrats to everyone especially the Mayor KJ!
Siranthony
Starter
Hopefully the league will moderate. No point in wasting everones time if some people won't negotiate in good faith. I'm hoping for eht best.
Before this whole thing went public I had widely assumed that the city basically had until the draft or so to get a deal done and announced. So in some ways we're getting a small extension.
The Maloofs may not want to cooperate but I think with the Anaheim terms being made public they no longer have any control to dictate one-sided terms to the city. Sac should just finalize the deal on its own and then begin lease negotiations with the Maloofs with the Anaheim deal as a starting point. NBA won't let them walk if an arena has an official ground breaking date.
stevetaebo
Bench
I love the deadline. Sacramento proved they can get off their *** when an ultimatum is given.
Maybe the Maloofs want to stay here but are being smart about it by not saying it and making it known that they are still flirting with the girl in Anaheim. If Maloofs instead said "We love Sac and want to be here" Sacramento would think the issue is closed and it would kill all the momentum for a new arena.
Maybe the Maloofs want to stay here but are being smart about it by not saying it and making it known that they are still flirting with the girl in Anaheim. If Maloofs instead said "We love Sac and want to be here" Sacramento would think the issue is closed and it would kill all the momentum for a new arena.
Fireplug
Bench
I think at least one good outcome of this is, to copy a phrase that was used recently, we won't have to accommodate "pie in the sky" arena detail demands by the Maloof in this version of getting an arena built.
The NBA clearly would like to see the team stay here if it can (which is a pretty feelgood thing) and so I think the NBA will be rather lenient in allowing us to have an arena plan that is just good enough, rather than allowing the Maloofs to dictate the extravagant demands they hoped for in the past that doomed older plans. KJ, and his excellent rapport with Stern, will allow us to know exactly up front what we will have to do on a minimum basis so we won't have the false starts and misunderstandings of the past.
The NBA clearly would like to see the team stay here if it can (which is a pretty feelgood thing) and so I think the NBA will be rather lenient in allowing us to have an arena plan that is just good enough, rather than allowing the Maloofs to dictate the extravagant demands they hoped for in the past that doomed older plans. KJ, and his excellent rapport with Stern, will allow us to know exactly up front what we will have to do on a minimum basis so we won't have the false starts and misunderstandings of the past.
Geoff
Starter
"Just good enough" is what led to this fiasco in the first place. Build a proper arena for your CITY, not for a basketball team.
Section 101
All-Star
As long as it's built to allow future remodels then good enough will do for now.
rainmaker
Hall of Famer
Hadn't heard this before:
Four California lawmakers, including the leader of the state Senate, sent a letter to NBA commissioner David Stern last week pledging to work with local leaders over the next year to try to build a sports and performing arts complex to replace the Kings' outdated arena.
Senate president pro tem Darrell Steinberg, a Democrat from Sacramento, said he would use his clout to make sure his district gets its share of state bond money that could go to build the complex.
Four California lawmakers, including the leader of the state Senate, sent a letter to NBA commissioner David Stern last week pledging to work with local leaders over the next year to try to build a sports and performing arts complex to replace the Kings' outdated arena.
Senate president pro tem Darrell Steinberg, a Democrat from Sacramento, said he would use his clout to make sure his district gets its share of state bond money that could go to build the complex.
Fireplug
Bench
Exactly!
Bricklayer
Don't Make Me Use The Bat
That is the even more expensive route in the long run though. What might cost you $400mil to build now at once will in the end cost you $500mil to build ($300mil orig, $200mil remodel or whatever) to do piecemeal. + you do not want the Maloofs to anytime in the near future be able to head back to the BOG with an "insufficent arena" deal. or for attitudes to harden so that you ge the Seattle area situation. New place doesn't have to be a palace, but it should be at the very lest solidly in the middle of NBA arenas. You don't want to have to be remodeling in 5-8 years.
Count on one thing, Stern is still all about getting the best deal for his teams. He will work the city for the best deal because owners come and go, but arenas and leases last a long time. So Stern will make sure that a sweet deal is cut for his NBA owners... no matter who the current ones are. The pressure is still on the city leaders to cut a great deal for the NBA.
Well one would hope they get on board. But they will need to refine that act or they will be frequent visitors the Stern woodshed:
Geroge Maloof:"We need to see how it is going to be financed and quite frankly, we are not going into this with a big checkbook," Maloof said. "Is it even right to ask people to pay for it?"
http://blogs.sacbee.com/sports/kings/archives/2011/05/kings-announce-1.html
Geroge Maloof:"We need to see how it is going to be financed and quite frankly, we are not going into this with a big checkbook," Maloof said. "Is it even right to ask people to pay for it?"
http://blogs.sacbee.com/sports/kings/archives/2011/05/kings-announce-1.html
Section 101
All-Star
State redevelopment funds !
RookieOfTheDay
Starter
Who does he think is going to pay for it? Obviously "the people" will have to pay something.
Bricklayer
Don't Make Me Use The Bat
Largely contradicts Gavin's attempt to assure people they have money. But of course never much money for this sort of thing. Orlando chipped in $50mil for its new arena, given the Maloof's finances I don't know if they can do even so well.