Top Menu

Tag Archives | george maloof

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 […]

Continue Reading

Kings to share financials for arena research

The NBA’s Sacramento Kings will share financial data with a city-commissioned group seeking to put together a financing plan for a new arena, another piece of the puzzle in the funding formula. ICON Venue Group and a local developer are working on an arena financing plan, and one big chunk of the equation will be […]

Continue Reading

Kings to stay in Sacramento for ’11-’12

The Sacramento Kings are staying in Sacramento and Power Balance Pavilion for at least one more season, as David Stern and other NBA officials persuaded the Maloofs to give the city until March 1, 2012, to come up with a new-arena plan. The decision was made over the weekend and announced today, just before a […]

Continue Reading

Johnson: We’ll take another run at new Kings arena

With a proposed new arena at the Cal Expo site now totally dead, Sacramento Mayor Kevin Johnson wants to see a new set of proposals for a new Sacramento Kings (NBA) facility. It’s not as though there are any plans floating around out there: tying a larger sports facility to a development is too speculative […]

Continue Reading

NBA: We’re done with Sacramento arena efforts

Stung by the collapse of talks to bring a new Sacramento Kings arena to the downtown railyards area, the NBA has withdrawn from all arena efforts, presumably paving the way for the Maloofs to move the franchise. Sacramento has always been an interesting market for the NBA: not quite major-league in size and in some […]

Continue Reading

Cal Expo rejects Kings arena plan

The Cal Expo board strongly rejected a plan to move operations to the Arco Arena area, scuttling plans to participate in a three-way land swap that would yield a new downtown arena for the Sacramento Kings (NBA). The plan would have had the Cal Expo move to Arco Arena. The current Cal Expo site would […]

Continue Reading

Maloof: We’re not looking at move to Seattle

A meeting between Sacramento Kings owner George Maloof and former Seattle Sonics GM Wally Walker had tongues wagging about a possible move of the Kings to the Key City, but Maloof says nothing is afoot. Perhaps, but we’re not so sure. The topic of the meeting was the difficulties the final Sonics owners had in […]

Continue Reading