It may be irrelevant but I figured I would post it since yall have been talkin about it alot lately. It was on Yahoo!
Sacramento losing its Kings?
By Mark Miller
Sacramento Mayor Kevin Johnson, who knows a thing or two about basketball after playing 11 seasons in the NBA, is saying the Sacramento Kings could be leaving town if the city can't build the team a new arena, according to the Sacramento Bee.
"If we don't have a clear path to an arena in the not too distant future, then we as Sacramentans need to know that (the Kings) very well may look elsewhere," Johnson told the paper. This came on the heels of the NCAA rejecting Sacramento's bid to host the regional round of the men's basketball tournament. The rejection supposedly came because the NCAA has "concerns over the conditions at Arco Arena."
But the Kings are between a rock and a hard place on this one. An NBA rep told the paper, "I think the mayor is expressing a sense of where we all are. We are in a bad economy in a state that doesn't have any money. Lending has dried up. We can't force developers to borrow money they can't get."
It's not looking good for the Kings.
it's so messed up. why do the owners want the citizens to basically pay for most or all of the new arena? king fans were loyal.... until last year anyway.... i personally think these magoof's should pay for most or all of the new arena to continue keeping the kings in sac ...which has an outstanding rivalry with the lakers.
It's called leverage. I really think it usually just boils down to greedy owners, but when all is said and done they can either make the people in the city take care of their expenses or they can go somewhere that wants to do it for them. There are a lot of cities that would do anything to get a professional basketball team. It's cool having a lot of them close to me, but it's not the same as having one of your own in your hometown.There is part of me that think that they really want the team in a bigger market anyways.
Las Vegas has been pushing for an NBA team for years. That is one of the reason's why the all-star game was there a couple of years ago, to prove Las Vegas could sell out an NBA arena. David Stern has been consistent with his position on the issue, not wanting to have an NBA team in the gambling center of the U.S. I don't know to what other city the Kings could go to ( I doubt back to Kansas City or St. Louis) but I bet Vegas will be knocking at the door if another NBA team is looking to move.
Speaking of relocation, Russian billionaire Mikhail Prokhorov looks to be gaining a majority position with the Nets, which means they are probably going to Brooklyn in a year or two
Living in sac the last 7 years, I have been reading baout this stuff for a while. The Maloofs were pushing hard for a new arena but were only willing to pay about 20% of the cost leaving the rest to the city. The former mayor wanted to build a huge downtown state of the art arena that would have cost 500 million. The city said no way. Sac is very a very humble town that does not really care for the big extrravagant down town arena idea. And with the economy the way it is, they are giving the city a few years to mull it over. But rest assured, if something isn't in place within 2 years, the maloofs will start packing their bags. Anaheim is the rumored destination.