Comparing Arena Ideas

Post #1 » by **ICMTM** » Tue Jul 31, 2012 2:20 am

http://blogs.seattletimes.com/today/201 ... rena-deal/

Basically Kevin Johnson was able to get something in place that was a better deal in a smaller market...

Dustin5566 · Post #2 » by **Dustin5566** » Tue Jul 31, 2012 4:13 pm

It wasn't the fact that KJ didnt put a good deal together it was the fact (whether they will admit it or not) that the Maloofs simply could not afford it. They coldnt take another loan for 75 million from the NBA.They would owe more in loans than the team is worth.

And even with a new building it would not help the value of the team significantly because they would not own the building so they could not use that as a selling point IF they decide to sale.

The Maloofs want a sweetheart deal where they are gift wrapped an arena with their name on the lease.

Post #3 » by **pillwenney** » Tue Jul 31, 2012 6:49 pm

What it boils down to is that the Maloofs are no longer in a good enough financial situation to own an NBA team.

deNIEd · Post #4 » by **deNIEd** » Wed Aug 1, 2012 3:30 pm

Out of curiosity,

Hypothetically, if the Maloofs sold the Kings and the new owner moved them to Seattle...would you still be a fan of the franchise?

kevin44 · Post #5 » by **kevin44** » Sun Aug 5, 2012 9:04 pm

The Maloofs are stuck here. They don't have the money to remodel Arco & I can't see Sac or the NBA working with them again to get a new arena built. They don't have the money to move & Stern has said the majority of the owners won't allow them to move. As long as they can make enough with their TV deal & tickets/food/merchandise we are stuck with them as well.

Inigo_Montoya · Post #6 » by **Inigo_Montoya** » Tue Aug 7, 2012 6:55 pm

Everything is ok guys. The Maloofs are getting ready for a new naming rights deal http://www.sacbee.com/2012/08/07/470171 ... ating.html
"We'll get a great deal, I'm sure, an outstanding deal."

I'm calling Cash4Gold.com Pavillion