New Arena (propasal) Update

[ICMTM]

http://www.bizjournals.com/sacramento/n ... arena.html

This "no comment" business...do you think it's because the Maloofs are aware all their proposals have been just down right pork barreling the public? To me the Maloofs have been the ones controlling this arena deal, but since they are now not in control, which means profits won't be coming back to them, do you see a new arena plan coming, AND the Kings leaving?

[SacKingZZZ]

I think with the negativity that rubbed off on them the last time it caused whoever is running their public affairs to tell them to stay away. Smart move. They got railroaded last time more than they should have.

[wiltchamberlain]

I think with the negativity that rubbed off on them the last time it caused whoever is running their public affairs to tell them to stay away. Smart move. They got railroaded last time more than they should have.

Agreed, they spent far too much time at the forefront last time around. I think it kept reminding people (whether their logic is flawed or not) that they were going to finance an arena for billionaires.

[youtube]http://www.youtube.com/watch?v=oZCi0g41TSw&playnext=1&list=PLD762A14154A9F2F5[/youtube]

This stupid goddamn Carl's jr. advert didn't help with that perception either. Them staying quiet and out of the spotlight is the right move.

[wiltchamberlain]

http://www.kcra.com/news/26928790/detail.html

Not sure if this really means anything if you read carefully all it says is that David Stern has read the same reports we all have, but just the same I though it was worth putting here.

[Little Digger]

While the labor situation won't be resolved for quite some time, the storyline in Sacramento that Stern was asked about is of a much more pressing nature. After years of failed attempts to build a new venue to replace Arco Arena, the Kings have yet to announce whether they intend to file for relocation by the league's March 1 deadline.

The team's co-owners, Joe and Gavin Maloof, have reportedly been offered a $100 million loan from Anaheim Ducks owner Henry Samueli to move the team to the Honda Center. The money would cover a loan they have to the city of Sacramento for Arco Arena as well as relocation fees, with a stipulation in the offer that a failure to make payments on the loan would result in Samueli seizing control of the team. Stern acknowledged that the Maloofs have had discussions with Anaheim and said "that is for the Maloofs and the people of Sacramento."

FanHouse has learned that the Maloofs visited the Ducks facility as recently as early February (specifically the week of Feb. 7), presumably to discuss a deal that has been in the works for more than a year. According to one source, there was "a hangup" in the discussions just before the early February meeting that was subsequently resolved. The Maloofs have been open about the reality that they must look at all options, saying on Jan. 11 that they are "looking at all options."

The tension has been palpable in California's Capital City, where even the highest-ranking team officials are unsure what might happen in the coming weeks. Numerous sources who have spoken to the Maloofs recently have been told that it was far from certain that the team would remain in Sacramento for next season and that relocating was certainly being considered. On Saturday night, Kings forward Jason Thompson tweeted about a possible move to Anaheim but the tweet was removed quickly thereafter.

Meanwhile, Sacramento Mayor and former NBA player Kevin Johnson and his constituents are operating on an entirely different timeline. The Sacramento City Council voted unanimously on Feb. 8 to select developer David Taylor and arena builder ICON venue group to build a plan for a new arena in the next 90 days. At the end of that deadline, they are expected to have reached a definitive conclusion on whether or not an arena is possible in the city's downtown area.

Taylor and the ICON group -- which has built 17 major venues in the last six years, including the Denver Nuggets' Pepsi Center and the New Jersey Nets' Prudential Center in Newark -- are expected to set up office space at city hall in the near future. It's a clear sign that the city and the handpicked arena team are working in conjunction, although it remains to be seen whether their efforts will be cut short should the Maloofs decide to file for relocation.

While a Kings move to Anaheim would likely be resisted by the Lakers and Clippers, a league official confirmed that they would not be required to pay territorial rights to the other teams in the region. Such an expense could, however, be decided upon and negotiated by the NBA's Board of Governor's at the time of a vote on a proposed move.

http://nba.fanhouse.com/2011/02/20/king ... -deadline/

[wiltchamberlain]

While the labor situation won't be resolved for quite some time, the storyline in Sacramento that Stern was asked about is of a much more pressing nature. After years of failed attempts to build a new venue to replace Arco Arena, the Kings have yet to announce whether they intend to file for relocation by the league's March 1 deadline.

The team's co-owners, Joe and Gavin Maloof, have reportedly been offered a $100 million loan from Anaheim Ducks owner Henry Samueli to move the team to the Honda Center. The money would cover a loan they have to the city of Sacramento for Arco Arena as well as relocation fees, with a stipulation in the offer that a failure to make payments on the loan would result in Samueli seizing control of the team. Stern acknowledged that the Maloofs have had discussions with Anaheim and said "that is for the Maloofs and the people of Sacramento."

FanHouse has learned that the Maloofs visited the Ducks facility as recently as early February (specifically the week of Feb. 7), presumably to discuss a deal that has been in the works for more than a year. According to one source, there was "a hangup" in the discussions just before the early February meeting that was subsequently resolved. The Maloofs have been open about the reality that they must look at all options, saying on Jan. 11 that they are "looking at all options."

The tension has been palpable in California's Capital City, where even the highest-ranking team officials are unsure what might happen in the coming weeks. Numerous sources who have spoken to the Maloofs recently have been told that it was far from certain that the team would remain in Sacramento for next season and that relocating was certainly being considered. On Saturday night, Kings forward Jason Thompson tweeted about a possible move to Anaheim but the tweet was removed quickly thereafter.

Meanwhile, Sacramento Mayor and former NBA player Kevin Johnson and his constituents are operating on an entirely different timeline. The Sacramento City Council voted unanimously on Feb. 8 to select developer David Taylor and arena builder ICON venue group to build a plan for a new arena in the next 90 days. At the end of that deadline, they are expected to have reached a definitive conclusion on whether or not an arena is possible in the city's downtown area.

Taylor and the ICON group -- which has built 17 major venues in the last six years, including the Denver Nuggets' Pepsi Center and the New Jersey Nets' Prudential Center in Newark -- are expected to set up office space at city hall in the near future. It's a clear sign that the city and the handpicked arena team are working in conjunction, although it remains to be seen whether their efforts will be cut short should the Maloofs decide to file for relocation.

While a Kings move to Anaheim would likely be resisted by the Lakers and Clippers, a league official confirmed that they would not be required to pay territorial rights to the other teams in the region. Such an expense could, however, be decided upon and negotiated by the NBA's Board of Governor's at the time of a vote on a proposed move.

http://nba.fanhouse.com/2011/02/20/king ... -deadline/

I think you're only supposed to use a couple of paragraphs from the article you're citing.

Here's another gem http://sports.espn.go.com/nba/allstar20 ... id=6140807

We very may be looking at the last week until the S hits the fan.