Tycoons line up for shot at team

[Mike0476]

Three key points:

http://www.sacbee.com/2012/02/20/4276510/tycoons-line-up-for-shot-at-team.html

Sacramento has its own big-money guy: Southern California billionaire Ron Burkle, who has been interested in buying the Kings for a year or longer. City officials say Burkle, or someone like him, could step into the picture if the Maloofs don't like the arena proposal but the NBA approves it.

Also, the new NBA revenue-sharing formula could provide the Kings with another $10 million a year when it takes full effect in about two years, said Matt Parlow, a sports-business expert at Marquette University.

The Kings' TV revenue – currently pegged by experts at around $12 million a year – could similarly grow. Comcast SportsNet has said it might renegotiate the contract if the Kings make a long-term commitment to Sacramento. Parlow said the deal could increase by $10 million a year.

 

[BMiller52]

lol A revenue sharing+commitment to Sac could make the team 20 million extra or so per year. That's pretty good. I'd bet the Maloofs agree to the 85 mill loan with repayment of 3 mill/year or so, because in the future they still make a bunch of extra money they're not seeing now. It's better than taking the big loan from Samu and losing the team. I would still love to see Burkle in here though, I think he could really make this team a contender.

 

[kennadog]

That's $85 million upfront, I think the city is asking for. Less borrowing means less interest to pay = big cost savings.

I really would like to see the Maloofs pushed out and Burkle become the owner. I think Stern would love that, too.

 

[Kingsguy881]

Fire the Maloofs!!! Hire Burkle!!!