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JonLP24

(29,322 posts)
Sun Apr 15, 2012, 01:27 PM Apr 2012

As deal falls apart, Sacramento Kings owners, elected leaders lose trust

Six weeks after the Sacramento Kings's owners and California's capital city reached a tentative financing plan for a new arena, city leaders and the Maloof family are publicly declaring their mistrust of each other, leaving the team's future in doubt.

The Maloof family is still insisting that it has no interest in leaving Sacramento, despite balking Friday at the terms of the funding framework. But they now say they no longer trust Sacramento Mayor Kevin Johnson and don't want to work with him.

"You can't do a deal with somebody you don't trust," George Maloof said Saturday, according to The Sacramento Bee. "I don't trust him."

<snip>

"As their bizarre press conference (on Friday in New York) laid bare for all to see, dealing with the Maloofs is like dealing with the North Koreans -- except they are less competent," Chris Lehane said in a statement released to USA Today. "In Maloof-world, facts are fiction; truths are half-truths; and promises are broken promises. The City of Sacramento deserves better."

http://espn.go.com/nba/story/_/id/7815712/as-deal-falls-apart-sacramento-kings-owners-elected-leaders-lose-trust

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As deal falls apart, Sacramento Kings owners, elected leaders lose trust (Original Post) JonLP24 Apr 2012 OP
"the relocation committee headed by Oklahoma City Thunder owner Clay Bennett"??!! KamaAina Apr 2012 #1
So if the Kings move, where will they go? Bluzmann57 Apr 2012 #2
Last I heard, opiate69 Apr 2012 #4
It doesn't have the sweetheart deal teams look for JonLP24 Apr 2012 #5
Another civic shakedown attempt by a pro sports franchise..... marmar Apr 2012 #3
 

KamaAina

(78,249 posts)
1. "the relocation committee headed by Oklahoma City Thunder owner Clay Bennett"??!!
Sun Apr 15, 2012, 06:17 PM
Apr 2012

That would be like "the racial justice committee headed by neighborhood watch chief George Zimmerman"!!! Before Bennett stole the Sonics from Seattle, he tried to sink his hooks into the New Orleans Hornets -- right after Katrina!!

Bluzmann57

(12,336 posts)
2. So if the Kings move, where will they go?
Sun Apr 15, 2012, 07:36 PM
Apr 2012

Seattle? Seems like they couldn't get a new arena up there either.

 

opiate69

(10,129 posts)
4. Last I heard,
Sun Apr 15, 2012, 11:05 PM
Apr 2012

despite the Mariners' objections, a multi-use arena deal is still quite possible, and only really hinges on securing at least one team before it can be finalized. Hansen has also committed to putting up the money for an assessment on possible traffic issues.
http://blogs.seattleweekly.com/dailyweekly/2012/04/chris_hansen_will_pay_for_traf.php

JonLP24

(29,322 posts)
5. It doesn't have the sweetheart deal teams look for
Mon Apr 16, 2012, 01:26 AM
Apr 2012

They won't build unless a team comes and judging from the financing, the team would pay over 60% of the costs and it would have to meet Prop 91, which states that the city must turn a profit on a sports facility finance. Something the Maloofs won't go for considering they already backed down from a deal they previously agreed to because it didn't have enough public funding.

Probably won't be Seattle but there are always cities more than willing to foot the bill, which is what makes these shakedowns effective. Kansas City already has a state-of-the-art arena built so there is at-least one option.

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