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Maloofs shut down latest Sacramento arena plan

Mar 27, 2011, 5:00 PM EDT

Clippers Kings Basketball AP

Well, that didn’t take long. After a plan had been submitted that was supposed to save Sacramento from the Kings’ relocation to Anaheim, including a funding source, the Maloofs have already gone and rejected the proposal, because the money wasn’t there and called for renovation, not a new arena.

“A representative of the Maloofs listened to their plan in depth, but they do not have the financing in place and a renovation of the existing structure is not an adequate solution,” the team owners said in a statement Saturday.

via Kings Blog and Q&A: Maloofs: Latest Sacramento arena plan not suitable.

No big surprise, there. The Kings weren’t staying in Arco under any circumstances, even the Mayor had said so. If the money wasn’t in place and no new arena, this was never as realistic an option as it was touted to begin with.

That may just about do it. Sacramento’s hopes now rest on either the city of Anaheim voting against bond issuances to renovate the newer Honda Center (that’s right, renovations to Arco are not okay but renovations to Honda are, due to the age differential – a whopping 5 years), or the NBA owners to reject the Kings’ expected relocation request.

The feeling of helplessness has settled into Sacramento. This is just the latest nail in the coffin, sadly.

 

  1. purdueman - Mar 27, 2011 at 5:56 PM

    The author of this blog is way off base. You can try and dress up the old cow barn in Sactown formerly known as the Arco Center by signing a new naming rights agreement (as they did), to rename it the Power Bar Arena, but that money all went to just keeping the old barn up and from falling apart.

    Here’s though why the author is WAY offbase with his cynicism over the relatively same age the Honda Center is when compared to the Power Bar Arena. The Honda Center has 82 luxury box suites; the Power Bar Arena has only 30. That’s a HUGE difference in ticket and concession income over an 81 game season folks!

    How exactly did Sactown proposed finding a way to add 52 more luxury boxes to their aging barn? By lifting the roof and putting one giant “dormer” on top of the existing arena? Even if they were able to find a way to engineer doing so, who would buy them when they already can’t sell out the 30 that they now have? It’s truly and apples to oranges comparison.

    • savocabol1 - Mar 28, 2011 at 9:47 AM

      If the Honda arena has more boxes, just how many more actual seats does it have as well?

      • purdueman - Mar 28, 2011 at 12:31 PM

        In addition to having 82 luxury boxes, the Honda Center for basketball or hockey seats 17,135. The Powerbar Pavillion (or whatever Sacramento is called the old barn now), has only 30 seats and currently has the second smallest seating capacity of any NBA building at 17,317 for basketball or hockey.

        Luxury boxes though go for over six figures annually, whereas a lot of the cheap seats in the top tier of both arenas go for as little as $12/game currently. In addition, a lot of people can be crammed into the roomy Honda Center suites too; I know, I frequent one controlled by my wifes’ company (smart teams focus on concession revenues as much as ticket sales you know as there’s a lot of profit in selling a 12 oz Lite beer for $8.00 a pop).

      • purdueman - Mar 28, 2011 at 12:32 PM

        Whoops! I’m bad.. I meant to say 30 luxury boxes, not seats of course.

  2. Gordon - Mar 27, 2011 at 7:15 PM

    The NBA ran out of viable cities 4 franchises ago. Just start contracting teams already. You don’t need 3 SoCal teams.

    • purdueman - Mar 28, 2011 at 2:38 AM

      gordon… gotta agree with you there, but two NBA teams in one arena at the Staples Center is what makes no sense. Orange County and LA are completely different markets (I know, I live in So. Cal). Too bad that the Lakers can’t pick up and move back to Minneapolis, huh?

  3. SmackSaw - Mar 27, 2011 at 11:04 PM

    20 minutes to an NBA game? Sweet!

    • purdueman - Mar 28, 2011 at 2:39 AM

      Smack Saw… You always seem to be the unemotional voice of reason here. 2 thumbs up!!!

  4. sdboltaction - Mar 28, 2011 at 12:57 AM

    I grew up in Orange and have literally walked to many events at Honda (the pond as I will always know it), and I can say that I agree with purdueman and his post. Now I have no opinion on the Kings coming to Anaheim because I grew up a Laker fan, so I don’t care what the Kings do. But I will say I understand the reason the Kings owners want to be in Anaheim. The Honda Center generates a lot of business now from local businesses buying tickets and sic for promotional purposes. My ex gfs family owns Companion Hospice in OC and we used to get tickets to EVERY event… THAT was cool.

    GO DUCKS, LAKERS, ANGELS AND CHARGERS!!!!

  5. purdueman - Mar 28, 2011 at 2:49 AM

    sdbolt… another voice of reason (something pretty rare here, at least on this thread anyways).

    The Honda Center is a special place that I’ve never heard ANY fans of ANY event EVER say anything bad about. That in and of itself is significant.

    It’s not about the team moving in being good or bad, it’s about adding another entertainment option for folks in the OC that matters.

    And to all of you who keep posting over and over again about how close you live to the Honda Center and how that somehow is supposed to translate into you being some sort of an expert as to what will or won’t work there, here’s a big bronx cheer for ya’ all… PLLLTTTTTTT!!!!

  6. SmackSaw - Mar 28, 2011 at 12:49 PM

    Donald Sterling (owner of the clippers) has been laughing at Orange County for decades now. He DOES NOT want another team dipping into his fanbase.

    He was going to move the Clippers from San Diego to Anaheim until the very last second when he backed out. I mean very last second.. they were about to pop the champagne and sign the final papers when he just walked out of the pond.
    His excuse was he didn’t want to make the 45 min drive from his Malibu home to Anaheim.

    The Lakers will be fine. I hope Sterling suffers.

    • purdueman - Mar 29, 2011 at 12:11 PM

      Smacksaw… you’re on a roll! another good post!

      I heard Pat O’Brien and Steve Hartman talking about the Kings move on the Loose Cannon radio show yesterday afternoon. Both are overwhelmingly in support of the move and think that it will be a big success. Here’s the interesting thing though… they then moved on to talk about Phil Jackson’s ongoing rants in opposition to adding a third NBA team to the LA (or for that matter any), market.

      Both said that Phil is right… the market really doesn’t need three teams, but both said that the team that doesn’t fit is clearly the Clippers and that an NBA team indeed is the right fit for Anaheim. Pat went on to say that the Kings and Lakers have all the makings of a great rivalry, but that the Clippers will be more irrelevant in the market than the King will be on day #1.

      You’re right about why Sterling didn’t move to Anaheim when he vacated San Diego too. Sterling owns a lot of property down the Wilshire Blvd. corridor between Beverly Hills and Westwood and didn’t want the hassle of commuting to/from Anaheim.

      For those of you who have never lived in LA, that’s only a 45 minute commute each way on a weekend. If you’re talking about that commute on a worknight, you’re lucky on those days you can do it in an hour and fifteen minutes up, but only 45 minutes back (after the game).

      Bottom line? Most of the 5 million people who live in Orange and Riverside Counties loathe the thought of driving up to the Staples Center on a worknight and will welcome a local NBA option.

  7. purdueman - Mar 28, 2011 at 3:10 PM

    Folks, this isn’t MY post, just more background as to why Anaheim is about to get an NBA team (I’ve attached the link at the end of the post).

    To all you Laker homer naysayers and all of you self-proclaimed “experts” who portray yourselves as such simply because you happen to live near the Honda Center, check out the last paragraph!
    ****************
    Why Anaheim?

    A source close to the Sacramento Kings’ pending move to Anaheim, Calif., scoffed at a television report that stated there was a plan afoot to keep the basketball franchise in town.

    FOX40 in Sacramento reported Wednesday that there was a new plan that could solve arena problems, and a group of government and business leaders hope to talk with Kings owners Joe and Gavin Maloof about it as early as Friday.

    Government officials were unaware of any new plan and described the chances of the team staying in Sacramento as a “glimmer of hope but pretty slim,” the source told Yahoo! Sports.

    The NBA’s worst kept secret is that the Kings are on the move. Why would the franchise want to move into a market about 40 miles away from the NBA champion Los Angeles Lakers and Blake Griffin(notes) and the Los Angeles Clippers?

    Here’s why: An NBA franchise in Anaheim can draw from the 5 million people from Orange and Riverside counties and also another 3 million about an hour away in San Diego County. In Sacramento, the 23-year-old Power Balance Pavilion, formerly Arco Arena, has 17,317 seats for basketball and 30 luxury suites. The Honda Center in Anaheim has 17,608 seats, 84 suites, and over the past five-plus years more than $22 million was spent for arena improvements. The only additions needed for a pro basketball franchise is a new locker room and an off-site practice facility.

    Considering the Kings’ lackluster record, would Anaheim support a struggling NBA team? The Clippers played a portion of their home-game schedule at the then-Arrowhead Pond from 1994-99. Despite dismal records, the average attendance was 65 percent better than their games played at the old Los Angeles Sports Arena, according to a source.
    **********************************************

    http://sports.yahoo.com/nba/news;_ylt=AimoAiIbSy95qlayXn4Ihbe8vLYF?slug=mc-spears_fickle_philly_fans_warm_up_to_iguodala_032511

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