Other than when ...
In 2004, when the city put $150 million on the table and proposed to cap costs at $350 and the Maloofs walked out of the meeting "blindsided." It should be noted that early reports have Taylor looking at something 350-400 and the city kicking in 200. No matter how the idea was presented, it was the first and only offer in this process by any party. The Maloofs had a chance to negotiate, but they took their ball and went home for 2 years. And when the returned, the city's cash surplus was gone. This was the best ... maybe the only shot to keep them here.
And they also helped cause the 2006 to 2008 delay. It was important for the Maloofs to support Q and R to the end. Because if it lost 60/40, the city wouldn't have a mandate to stay away. The Maloofs publicly pulled their support and money for Q and R because they didn't like some of the terms that were being negotiated. They punked a lot of leader right in front of everybody in the railyards ... when you do that ... people aren't rushing to work with you. And when nobody supports Q and R, it gets beat 80/20. At which point it become a political 3rd rail for a couple of years. The Maloofs didn't understand that at the time ... but thier actions ensured that - while plans for state funding could go forward - city funding was a dead duck for at least two years.
Not an entirely accurate statement of history. I work in government financing for various types of project funding. I've never seen any government entity essentially cap their contribution (unless its capped by regulation or law) before having the remotest idea of what you are going to build, where its going to be built and before you go through a negotiation process and come to a mutually agreeable deal. A city might set that limit in private negotiations with the party. That's why the Maloofs felt blindsided by the city. They were.
As to your cost comparison of an arena then vs. now? The costs back then would have been
much higher. The drastic drop in land values, interest rates and construction costs is why it would be considerably cheaper now. Actually, its an ideal time to get a project built. You absolutely cannot compare a very rough estimate (no plans or specs or even site identified) in better times with today. My projects' bids have been coming in often under preliminary estimates the last couple of years.
As to Q & R. As reported in the Bee, the Maloofs
and Stern backed off Q and R, because they had a meeting with Thomas (developer of the rail yards, then) and he told them the city had mislead the NBA and Thomas by saying they had all the infrastucture money committed. It turned out that at that point, they had very little money comitted to infrastructure and had no idea where they were going to get it. Without even knowing when the infrastructure could be funded, they had no clue of how long it would take, before they could actually start construction on a arena. And Q & R was tied, by the city, to the rail yard development.
Finally they did not take their ball and go home for two years. Stern sent Moag here to see if there was any way to get a deal done without city money. It took time to reasearch all possibilites and proposals and all they could come up with, as the best shot, was the convergence plan. The Maloofs paid Moag and for much of the work and studies done.
Only after that plan failed did the city step up with a real effort to find a solution, that wouldn't require rasing citizens taxes.
As a matter of fact, the Maloofs have spent several million dollars on sudies and consultants. How long should they keep paying for studies, when proposals go no where?
I'd believe the Maloofs were part of the problem except that Lukenbill asked for help financing an arena and failed. Its whay Arco II was such a cheapoly built project. Its laughably crappy, really. Built like warehouses are built. Thomas wanted help with a new arena and it failed. So you could say it's been a 26 year failure to get a decent arena built.
I would also be more likely to blame the Maloofs, if Sacramento hasn't shown time and time again that they prefer to go with "safe" projects and boring architectural and urban planning designs. I'm actually scared the city will blow their chance for something special in the rail yards. I'd be disappointed, but not surprised.
Now I'm not saying the Maloofs are blameless, because I think their biggest mistake all along has been not getting a really good public relations expert or possibly not listening to the one(s) they do have.
And since I watch billions of government dollars go to private business every day, I can't really understand why taxpayers have chosen to pick on the Maloofs in particular. The city wanted a big hotel downtown. They provided a big subsidy to the Hyatt and covered their operating losses for years. Embassy Suites and the Sheraton received subsidies. I guess they must all be so much pooer than the Maloofs. The Dive Bar downtown and the pizza place next door? Private businesses subsidized by the city. Agriculture across the nation, including big corporate farming? Subsidixed for years by the government. Believe me, some of them have far more money than the Maloofs. Your local gas station, internet provider in your area? Some definitely are subsidized.
Incidentally, the plans and studies the city wants the Maloofs to turn over? The Maloofs paid for them and those products are their property. That is the way it works. As long as they are seriously likely to move to Anaheim, there is no reason for them to turn over information they own to the city out of the goodness of their heart. If they move to Anaheim, I wouldn't turn any of it over, unless I was reimbursed for their cost.