Friday, April 13, 2012

Anaheim action would allow for NBA team play Kings' arena deal in Sacramento jeopardy Kings crumbles Sacramento's future shaky Maloofs pressed to give up NBA's group asks Stern force sale Final Clippers 109 94 Cousins fined $25K criticizing officials need strong finish beat grows impatient with owners Maloof responds new snag Could the again look at helps resolve dispute between hand Wolves third straight loss pound Celtics 12095 Thornton lifts past No O.C.; stay talks move AllStar site Keith Smart sees no issue Blake Griffin DeMarcus

Sacramento Kings' owners propose renovating old arena NEW YORK, April 13 (UPI) -- The owners of the Sacramento Kings called the city's plan for a new arena unworkable Friday and proposed instead to renovate the team's current home. Sacramento Kings Arena Deal Approved on March 6 'Is Not Going to Happen' Roughly five weeks after financing for Sacramento's new sports and entertainment complex was approved, the deal has fallen apart. The deal, which is non-binding, was agreed to by the city of Sacramento, the NBA and the Sacramento Kings owners—the Maloofs—during the NBA's All-Star game festivities on Feb. 27. The agreement was subsequently put up for vote before the Sacramento City Council and ... Sacramento Kings Arena Controversy: Mayor Kevin Johnson Issues Statement To Maloofs Mayor Kevin Johnson has tried his best to keep the Kings in Sacramento. He's worked hard with the NBA and the Maloofs to come together with an arena plan to ensure the team isn't moving anywhere. However, the Maloofs are trying to renege on their original deal, as they seem to be wiggling their way to try and get the owners to agree to let them leave the city. The Mayor seems to not be all that ... Is keeping the Kings in Natomas an option now? NEW YORK - On Friday, the Sacramento Kings leadership group in New York addressed stumbling blocks on the road to development of Sacramento's proposed sports arena. Sacramento Kings' New Arena to Be Settled at NBA Board of Governors Meetings A lot has been happening since the financing for the ' new arena was approved by the Sacramento City Council on March 6. Two weeks ago, it came out that the Maloofs—the owners of the Kings—were in disagreement with the city over who should pay the arena's $3.26 million pre-development costs. Ultimately, David Stern decided to advance the city $200,000 to cover the pre-development costs until the ... Sacramento Kings Owners Attempting to Halt Plans for New Arena The owners of the Sacramento Kings are meeting with NBA officials at the moment in an attempt to pull the plug on a new arena being planned in downtown Sacramento. Kings co-owner George Maloof suggested this morning that the team renovate Power Balance Pavilion and keep playing there rather than build a new arena in the downtown rail yard. That represents a complete 180-degree turn for Maloof ... Stern asked to force Sacramento Kings sale Sacramento business leaders are asking NBA Commissioner David Stern to "strongly encourage" the Maloof family to sell the Kings. Sacramento Kings' proposed arena deal continues to have problems: NBA links News from around the NBA Kings' arena-deal concerns range from large to small The Sacramento Kings have numerous and substantial disagreements with the arena financing term sheet, ranging from big-picture revenue-sharing issues such as naming rights, to small items, such as when the Kings can use the arena for practice. Seattle watches as Sacramento Kings drama plays out It's the latest sign of trouble for the team and the City of Sacramento and could be another sign of hope for organizers in Seattle who are working to bring the NBA back to the Emerald City in a proposed SODO neighborhood arena.
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