Captain, I really want to thank you for your thoughtful and sincere response. The prime directive here is often to keep long standing fights brewing and pointedly ask questions you don't want answered to essentially shout "Good day to you." I sincerely wanted to know what you were thinking and your response is helpful and interesting.
Man, I hope you are wrong. (Not just to be right, again violating prime directives.) Revenue sharing will help cash flow, but man, that would be brutal to again be a small market, cash strapped team, with a mercurial owner. That's a rough combination with TOUGH odds. I knew the Kings were nowhere near Paul Allen territory, but except for the handful of years the Maloofs were rich (on paper and before they over extended themselves) the Kings have been playing with a short deck.
http://www.sacbee.com/news/local/article196522844.html
Here is the link to the Kings condo story. It's on top of the hotel next to the arena. The Kings / their development groups own the plaza, the condos, the mall, most of the block of K street next to the arena, and I think all of the next block down K street. This is good for the long term prospects for the team because they can make money outside the arena 365 days and have real estate equity.
Beyond the team someday becoming good, it should be great for the city because a dilapidated stretch of downtown would have a master plan backed by one well financed group.
The condos and mall are over a year behind their proposed completion dates and payment disputes with many of the condo / hotel contractors landed in court. And there are, of course, narratives to explain this all as normal -- payment disputes for contractors are normal, aggressive initial timelines, wet 2017, ect. But, they allegedly asked over 20 contractors to take the same 10% pay cut and it behooved the Kings to open as much of DoCo and the mall as quickly as possible to the opening of Golden One. As quickly as possible, you want to your fans to become used to spending their dollars in your team owned or leased buildings on event nights. Quickly as possible is very relative in real estate development, particularly many blocks down downtown, but still. One way to keep that on goal, is to push more labor at the projects that fall behind. That did not happen here. In fact, the contrary allegedly happened.
Then enjoy watching the young fellas develop the rest of the season. Maybe we will see Giles play in Summer League? If not certainly a couple of this years rookies and whoever the Kings draft will make it interesting.
