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Next up in Sacramento arena quest: term sheet

Though there is broad agreement over funding of a new Sacramento Kings (NBA) arena, the tires will hit the road when a formal term sheet — with specific figures — is released. That release is scheduled for tomorrow. It should be interesting: the biggest chunk of arena financing, the sale of future downtown-parking revenues, is […]

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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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How realistic is Sacramento arena plan?

As more details emerge about a proposed Sacramento arena plan, it appear the city may ask more of the NBA’s Kings and take some facility revenue streams. Is this realistic? Though the financial cornerstone of the $387-million (or $400 million, depending on who you ask) funding plan is the sale of future downtown parking revenues […]

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Sacramento officials push arena idea — but no funding plan

Sacramento officials are pushing the many benefits of a new arena to regional residents — but without a funding plan, an incomplete story is being sold. It’s not necessarily hard to tell regional residents they’ll benefit from a new downtown Sacramento arena: it will allow the Sacramento Kings (NBA) to stay in town, better events […]

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Sacramento arena-funding plan expected this week

Developer David Taylor is expected to present a downtown-Sacramento arena funding plan this week, but don’t expect any resolution soon to the nagging problem of how to keep the Sacramento Kings (NBA) in town. Sacramento Bee columnist Marcus Breton expects a lot of opposition to any plan presented by Taylor on Thursday: Budgets in the […]

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Will Kings move? No one seems to know

Talk about an important decision that’s still up in the air: We’re apparently not close to a final resolution about where the Sacramento Kings will play next season, as the Maloofs, David Stern and a relocation advisory committee is still sifting through the options. One thing we do know: a decision should be made next […]

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