Vote Pushed back till March 6th
- Thread starter Section 101
- Start date
I am sure since this is a joint statement with Stern, the NBA is OK with the new date.
xyrin
Bench
I have a bad feeling about this. Sounds like Stern is trying to save as much money as possible for the Maloofs for whatever reason. Or maybe AEG and MS&E are disagreeing about how much they owe collectively.
On the other hand, since they delayed it, it might mean that they think they can reach a complete deal eventually, there would just be another week necessary to make sure the offer sheet is hammered out. I hope this is the case.
On the other hand, since they delayed it, it might mean that they think they can reach a complete deal eventually, there would just be another week necessary to make sure the offer sheet is hammered out. I hope this is the case.
????
This is GOOD news. It means the league and the city council are on the same page in not wanting to force an early vote, which would be exactly the excuse someone like Sheedy could use to vote NO. at least that's my take...
Larry David
Starter
The worst case is
Stern thinking there is room to bully and grab money that isn't needed to make a deal, failing to read what the other side needs to get a deal done, pushing back a deadline, still failing to read what the other side needs to have any chance to get a deal done, making a bad take it or leave it "final" offer, pissing off the swing votes he needed on the other side, and failing to make a deal by the second deadline.
Of course, that's just what Stern did a few months ago.
So we'll see if he's risking blowing up this deal to squeez out any cushion KJ's padded onto the Maloofs, or if he's really derailing this deal based upon greed. We'll soon know.
Bricklayer
Don't Make Me Use The Bat
B sounds more likely. Thing was always on sucha short deadline anyway. Anyhing jointly done wiht Stern is good. Anything done unilaterally while Stern is mum = dangerous.
PurpleHaze
All-Star
The city of Sacramento seems poised to FINALLY do their substaintial part in forging development of the railyards with a new Sports & Entertainment facility, along with critical contributions by AIG, NBA and Maloofs. But all along there's been discussions about regional participation by surrounding entities, encompasing over 2 million population - County of Sac, but also West Sac (Yolo), Placer, El Dorado, Yuba, Sutter, etc. Apparently, "regional contributions" is now down to one single player but a significant one - Sacramento County. Here's what Sac County could come up with to add to the approximate $400m make or break kitty.
http://www.kcra.com/news/30522156/detail.html
http://www.kcra.com/news/30522156/detail.html
kennadog
Dog On It!
C'mon County, don't quibble, do your part to contribute. This is for the region.
I think the announcement is good, especially as it was a joint KJ/Stern announcement. I figured there was no way the council was going to have enough time to review the term sheet in time for a Tuesday vote, at this point. The extra week is good, I think, plus gives time to work on some of the details that are very important to making this agreeable to the majority of the city council.
PurpleHaze
All-Star
Actually, from sound of it and what County Supervisor Serna said, it's City of Sacramento that has been qibbling or at least frittering away the time the most. As he points out, the city had a full year to make this new proposal of asking to incorporate county parking garages into the plan to as Mayor KJ said, "helping cobble together funds," - instead of springing it on them at last second. This deal may still get done, should definitely get done but a lot of city politicians, so-called city leaders, seem strange as ever to me and certainly strangers to each other.
Section 101
All-Star
It could be argued the county could have stepped up too. They didn't have to wait to be asked.
I think they city has done quite a bit to make sure that they are looking under every rock for some help on this. They went from doing nothing for years to stepping up with a pretty darn good solution. I'm more worried now what Stern and his pencil pushers are going to do to this trying to squeeze out the last dime. These guys are so used to going into negotiations looking to crush the opposition. Well it won't be very hard at all for this city to get crushed if they work a bit too hard.
The Hammer
All-Star
Wow Serna seems like such a whiner!!! Dude why didn't YOU come up with the idea to help out by contributing parking? Do you not want this thing built??? "Foregoing some contribution that doesn't somehow benefit the County". Wow what an idiotic thing to say... don't you think the ARENA is going to "benefit the County."???? His words and body language are just ridiculous, and smack of posturing, and snide sarcasm.
Yeah, the city could have made the request earlier, but you gotta think they didn't want to make the request unless they had to. I'm willing to bet that negotiations with the NBA now necessitate that request... also... why make the request before the approval for obtaining bids on City parking was even made. It would have looked a bit rude to supercede that process.
Any negotiator with any experience at all of a multi-faceted deal must know that simply because of timing and getting everything together, that a lot happens RIGHT before the deadline. That's just how things work. Serna's words and body language make it out to seem like KJ and the city were somehow dawdling or disrespectul of the County... something I highly doubt is anywhere near true. KJ's likely been kissing County *** for over a year.
kennadog
Dog On It!
The City has been asking regional cities and counties to step up with what they can contribute for the last year. The city had to come up with an idea for the county. The county could have come up with any way they wanted to contribute, any time over the last year. None of the regional cities or counties stepped up to offer to help. Pathetic, really.
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I think this particular county issue was bound to become one no matter what. The lots in question, though I believe currently closed at night, are near the ESC and the county undoubtedly would have opened them to benefit from event-night parking. Thus they would have been in direct competition with the leased downtown parking. It appears that something had to be worked out on this one.
I agree that a regional effort would have been better. But it seems that outlying regions would only see minor economic benefits, so it's a bit hard to blame them for being reluctant to contribute. At this point, the spilt milk over no regional effort is nearly as spoiled as the spilt milk over choosing the downtown site in favor of Natomas. (Though the latter was a beneficial decision, in my opinion.)
PurpleHaze
All-Star
The regional effort or lack thereof would have been moot point if tiny Sac city (just under 400,000 population) would have been consolidated into much larger Sac County (adding around 1 million population) years ago - thus forming a MUCH bigger capital city to gain more Calif/national clout. County/city voters turned consolidation down several times in the past while local residents continue producing yet more layers of govt bureaucracy with host of incorporated cities formed over past few decades - Elk Grove, Citrus Heights, Rancho Cordova, etc.
The lack of wisdom, think tiny attitude of majority of voters remains huge problem around these parts and if new arena project falls apart (which I still think is on track to get done) it will be not only city/county politicians failure but voters who produced all these often uncooperative, jealous of each other political enclaves.
The lack of wisdom, think tiny attitude of majority of voters remains huge problem around these parts and if new arena project falls apart (which I still think is on track to get done) it will be not only city/county politicians failure but voters who produced all these often uncooperative, jealous of each other political enclaves.
kennadog
Dog On It!
I agree. The city of Sacramento should have been annexing areas as development was planned. It was short-sighted. Makes regional planning that much harder and I think its hard to do something in Rancho Cordova that won't have an impact on Sacramento. You end up with patchwork development that doesn't take the overall regional impact into consideration. Fresno is, technically, the biggest city in the Central Valley. That's becasue their city limits are huge.
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ReinadelosReys
Starter
Kenny Holmes CBS @KHOLMESlive
On the way out I asked Gavin if we'd see the Maloof brothers at the city vote...his response "we'll see you there"
On the way out I asked Gavin if we'd see the Maloof brothers at the city vote...his response "we'll see you there"
White #FANS shirts for the Maloof brothers!!!!
Glenn
Hall of Famer
xxxl!
