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New Seattle Arena

Sacramento fights for Kings; Seattle arena advances

[author ]Kevin Reichard is publisher of Arena Digest.[/author]Sacramento Mayor Kevin Johnson says he’s got 10,000 commitments for season tickets, $50 million in sponsorship money and a $448 million downtown arena plan — but it may be too little, too late, as a Seattle group already owns 7 percent of the NBA’s Sacramento Kings. Johnson has […]

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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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Seattle arena plan to be unveiled today

A financial plan for a new Seattle arena — a core component in hopes of bringing the NBA back to the Emerald City — could be unveiled today by Mayor Mike McGinn. Hedge-fund manager Chris Hansen has been working with the city on a financial plan for a new arena in the Safeco Field area. […]

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