The maloofs are real smart keeping silent
- Thread starter Demarcus Cousins
- Start date
In fairness to the whole thing, the city council thats in place right now, isn't the city council that was there 10 years ago, and that one wasn't the one in place 20 years ago. The current one is probably more flexable than previous one's. There has been a slow change in the mentality over the last 10 years. Fortunately, or unfortunately, the Maloofs have had to deal with whoever is there at the time. And some of those folks, would have gone back to the horse and buggy if possible. So the council is an ever changing animal. Whereas on the other side, the Maloofs have been the constant. Some of the councilmen that have taken shots at them over the years are no longer there. Hard to retaliate at someone thats gone. Sort of like finding out that they found the man who murdered your daughter, but he died in prison. Your happy he's gone, but it doesn't quite satisfy your blood lust.
I think some of the original city council members could have cared less if the Kings stayed or left. There were those that fought with Luckenbill over bringing them here to begin with. That man deserves a lot of credit for what he accomplished. Yeah, his vision was far larger than his pocketbook, but at least he tried, and he did it mostly on his own with a little help from Benvenuiti and company. I used to buy season tickets from Joe's brother, who is a very nice man. In between there were those that just thought the Kings would never leave, so why put out the effort for a new arena. The old one is just fine. Its no more than a rich spoiled kid wanting a new toy because he's tired of the old one. Point is, the writinig was on the wall and it was mostly ignored. So here we are today. The comet that comes around every 10 years is screaming toward earth, and everyone is trying to assemble a rocket to knock it off course. All the parts have been laying around for a while now. We always thought there would be plenty of time, and suddenly, time was up.
I think some of the original city council members could have cared less if the Kings stayed or left. There were those that fought with Luckenbill over bringing them here to begin with. That man deserves a lot of credit for what he accomplished. Yeah, his vision was far larger than his pocketbook, but at least he tried, and he did it mostly on his own with a little help from Benvenuiti and company. I used to buy season tickets from Joe's brother, who is a very nice man. In between there were those that just thought the Kings would never leave, so why put out the effort for a new arena. The old one is just fine. Its no more than a rich spoiled kid wanting a new toy because he's tired of the old one. Point is, the writinig was on the wall and it was mostly ignored. So here we are today. The comet that comes around every 10 years is screaming toward earth, and everyone is trying to assemble a rocket to knock it off course. All the parts have been laying around for a while now. We always thought there would be plenty of time, and suddenly, time was up.
Oh, here go hell come.
Funny you bring this up. I was just having this discussion the other day. Those in our generation (30 yr olds) really haven't had to live through any great struggles in comparison with those above us who have lived through:
Vietnam and its draft
WWII
The Great Depression
and other assorted tragedies on a global scale. As such, our generation, and especially those of us who are younger, really REALLY on the whole haven't had that kind of epic struggle, so we don't know how to cope with things that don't even come to the same level. We haven't had to perseverce like those before us. So yeah, we look to blame others instead of look inside because, as a whole, we've never been up against the wall - someone's always been able to fix it.
Especially when you look at the generation below mine. Our parents have seen that struggle firsthand, and worked to not let their kids (us) have to deal with it. Then you remove that a generation, and you get soft kids. You get 27 year olds who take their moms to interviews (yes, I've witnessed that first hand.) You get people who grow up realizing that it isn't their fault they failed - someone else is to blame.
Am I painting everyone with a broad brush? Absolutely. As a whole, I'm calling it as I see it.
Funny you bring this up. I was just having this discussion the other day. Those in our generation (30 yr olds) really haven't had to live through any great struggles in comparison with those above us who have lived through:
Vietnam and its draft
WWII
The Great Depression
and other assorted tragedies on a global scale. As such, our generation, and especially those of us who are younger, really REALLY on the whole haven't had that kind of epic struggle, so we don't know how to cope with things that don't even come to the same level. We haven't had to perseverce like those before us. So yeah, we look to blame others instead of look inside because, as a whole, we've never been up against the wall - someone's always been able to fix it.
Especially when you look at the generation below mine. Our parents have seen that struggle firsthand, and worked to not let their kids (us) have to deal with it. Then you remove that a generation, and you get soft kids. You get 27 year olds who take their moms to interviews (yes, I've witnessed that first hand.) You get people who grow up realizing that it isn't their fault they failed - someone else is to blame.
Am I painting everyone with a broad brush? Absolutely. As a whole, I'm calling it as I see it.
Looks like the NBA has a gag order on them. They can't say anything even if they wanted to without being fined. http://blogs.sacbee.com/sports/kings/archives/2011/02/nba-has-gag-ord.html
I'm thinking that the NBA has a financial interest in this like they are going to pay a little to keep the team where it is. Wow, was that optimistic or what? Is it unrealistic? I'm not so sure but if the NBA was aiding the Kings to move, I'd be pissed.
Let me add, he can't do anything he wishes. He can't control private lives unless it is harmful to the NBA. My admiration for the Maloofs just jumped up more.
Let me add, he can't do anything he wishes. He can't control private lives unless it is harmful to the NBA. My admiration for the Maloofs just jumped up more.
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Let me fantisize:
A bond issue is floated for $100 mil or more. That still leaves the bond on ARCO.
Land is donated by the city to build the arena.
NBA floats a long term loan to fill the gaps. Stern wouldn't want anyone in the NBA to know that as other teams might go ballistic. Heck, they took over another team.
It's fantasy but I can back up each idea with a rather extensive explanation but won't. People might think it's real.
A bond issue is floated for $100 mil or more. That still leaves the bond on ARCO.
Land is donated by the city to build the arena.
NBA floats a long term loan to fill the gaps. Stern wouldn't want anyone in the NBA to know that as other teams might go ballistic. Heck, they took over another team.
It's fantasy but I can back up each idea with a rather extensive explanation but won't. People might think it's real.
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I agree, NBA may not be crazy about it but see it as a temporary necessity. I still think "The Royals" or whatever they might be called in Anaheim could play a certain number of home games in Las Vegas right away. Once Vegas gets their new arena (which is moving ahead, unlike Sac) then Anaheim franchise could either play half their games there as Anaheim/Las Vegas Royals or possibly relocate at some point outright to Sin City.
Let me fantisize:
A bond issue is floated for $100 mil or more. That still leaves the bond on ARCO.
Land is donated by the city to build the arena.
NBA floats a long term loan to fill the gaps. Stern wouldn't want anyone in the NBA to know that as other teams might go ballistic. Heck, they took over another team.
It's fantasy but I can back up each idea with a rather extensive explanation but won't. People might think it's real.
A bond issue is floated for $100 mil or more. That still leaves the bond on ARCO.
Land is donated by the city to build the arena.
NBA floats a long term loan to fill the gaps. Stern wouldn't want anyone in the NBA to know that as other teams might go ballistic. Heck, they took over another team.
It's fantasy but I can back up each idea with a rather extensive explanation but won't. People might think it's real.
I'm going to be picky and say it is a "bond issue" and not a "loan." Loan makes it sound like Sacramento had $75 mil and could have spent it elsewhere like on parks, firemen, policemen, starving old people, my cats, etc. A bond issue was sponsored or issued by the city or something like that but could only be used by ARCO. Private or public entities buy the bonds. Maloofs are ultimately on the hook for the bond repayment and if they abandon ARCO, they have a prepayment penaly of $9 mil because that's the way bonds work. In the context of what we are talking about, $9 mil may not be much but some people think that would be too much to pay Dalembert. It isn't exactly nothing.
I'm going to be picky and say it is a "bond issue" and not a "loan." Loan makes it sound like Sacramento had $75 mil and could have spent it elsewhere like on parks, firemen, policemen, starving old people, my cats, etc. A bond issue was sponsored or issued by the city or something like that but could only be used by ARCO. Private or public entities buy the bonds. Maloofs are ultimately on the hook for the bond repayment and if they abandon ARCO, they have a prepayment penaly of $9 mil because that's the way bonds work. In the context of what we are talking about, $9 mil may not be much but some people think that would be too much to pay Dalembert. It isn't exactly nothing.
According to Voison, there is a gag order against the Maloofs by the NBA, and if they talk, they will be fined $1M. That is why they were encouraged not to go to the game tomorrow. Despite that, all 3 Maloof brothers are going. I clearly look at it as a positive.
http://blogs.sacbee.com/sports/kings/archives/2011/02/nba-has-gag-ord.html#mi_rss=Kings/NBA
http://blogs.sacbee.com/sports/kings/archives/2011/02/nba-has-gag-ord.html#mi_rss=Kings/NBA
