The effort to bring the Sacramento Kings to a new Seattle arena hit the wall after the NBA approved the sale of the team to a group working to keep the team in California. (more…)
Tag Archives | joe maloof
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 […]
Four Sacramento arena proposals on the table — and all with holes
Sacramento is desperately working to come up with a new-arena plan in an attempt to keep the NBA‘s Kings in town, but huge issues remain with all four developer proposals. The biggest problem: funding gaps with all four. Three proposals call for a new downtown arena and one for the North Natomas neighborhood where Arco […]
Maloofs sell naming rights to arena; admit to looking at moving NBA’s Kings
Things are certainly up in the air in Sacramento, where the Maloofs now openly admit to looking at alternative homes for the Sacramento Kings (NBA) despite efforts from city leaders once again to find an arena solution; meanwhile, Arco Arena will be known as Power Balance Pavilion. First, the arena news. The Kings have been […]
