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Sacramento, Kings reach tentative arena deal

Sacramento officials and the owners of the Sacramento Kings (NBA) have reached a tentative deal on financing for a new arena in the city’s downtown area. The deal, still subject to final approval once the city’s part of the funding package is determined, calls for larger-than-planned contributions by the Maloofs, owners of the Kings, and […]

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Groundbreaking at new Lincoln arena

Construction of a new Haymarket-area arena for University of Nebraska sports is officially underway, as a groundbreaking ceremony was held this morning to commemorate the occasion. Gov. Dave Heineman was on hand with university and city officials to mark the beginning of work on the 16,000-seat arena, largely funded by a 2 percent tax on […]

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Baltimore arena plan shifts to waterfront

The search for the site of a new Baltimore arena has shifted from the current 1st Mariner Arena site and to an expansion of the Baltimore Convention Center, where a new 18,500-seat facility is now envisioned by city officials. The nonprofit Greater Baltimore Committee is exploring arena options after officials concluded 1st Mariner Arena coudn’t […]

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Goodman to Vegas group: Show me the NBA contract

Las Vegas Mayor Oscar Goodman is openly skeptical about the claim by International Development Management that it has an NBA team “under contract” if a new Clark County arena is built; meanwhile, the NBA denies that any team is eminently moving to Sin City. Goodman, who has worked for years to bring the NBA to […]

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Edmonton: New downtown arena financially feasible

Combine a $5 ticket surcharge with a $100-million contribution from Edmonton owner Daryl Katz, and you’ve reached the point where a new downtown Oilers arena is economically viable, say city officials — raising the stakes on new-arena discussions in the city. “A new downtown arena with an increase in the number of seats and other […]

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Katz: I will spend $100 million on new downtown arena

Daryl Katz has shifted positions once again on his potential contribution to a new downtown arena for the Edmonton Oilers, saying he would contribute $100 million directly to arena construction costs, not to fund an adjoining entertainment district. Katz has shifted his position on the ultimate destination of his financial contribution twice already. When he […]

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