SacBee: NBA, Cal Expo reach agreement on Kings arena

[Revrag]

Negotiators for the National Basketball Association and Cal Expo on Friday announced they'd reached an agreement to move forward jointly on a plan to build a Kings arena in the state fairgrounds.

Sacramento Kings Ron Artest, shown above at Arco Arena playing against the New Orleans Hornets in April. Under an agreement announced today -- but which still has many steps to go -- the Kings could be playing at a new arena at Cal Expo in the future.​

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[Revrag]

SacBee: NBA, Cal Expo agree to move ahead on Kings arena

Negotiators for the National Basketball Association and Cal Expo on Friday announced they have agreed to move forward jointly on a plan to build a Kings arena in the state fairgrounds.

Negotiators for Cal Expo and the NBA hope to attract a developer that can take the fairgrounds' existing space, revamp it, add an arena and develop enough new commercial or residential development to pay the cost.​

PETE WILSON The ex-governor and lead Cal Expo negotiator said he's optimistic the talks may lead to "something really important."​

DAVID STERN The NBA commissioner will attend the meeting at which Cal Expo's board votes on whether to approve the plan.​

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