Apr 27, 2012, 8:59 PM EST
Can’t say this is really a surprise, but it kind of turns your stomach anyway.
Talks to keep the deal for a new arena for the Kings in Sacramento has formally been pronounced dead, reports the Sacramento Bee.
After two days of talks between city officials and the Maloof family, Mayor Kevin Johnson announced today it became clear there were “irreconcilable” differences between the sides over the financing plan for a downtown sports facility.
“We know this door is closed,” the mayor said.
What were the Maloof’s issues? Well, the city dared asked for collateral on the $67 million they already loaned the team. And the Mallofs didn’t want to make a 30 year commitment to the city.
Don’t you have the feeling that even if those issues could have been worked out the Maloofs would have moved the goal line with new demands?
Then there is this quote in the Bee story:
Co-owner George Maloof said the team doesn’t intend to seek relocation. “We’re not going anywhere,” he said.
Does anyone believe that? If you do, I have a bridge in New York I want to sell you.
Jan 28, 2015, 3:08 PM EST
Wiggins also joins three other Timberwolves
Jan 28, 2015, 2:30 PM EST
Jan 28, 2015, 1:55 PM EST
Teletovic being released from hospital today
Jan 28, 2015, 1:17 PM EST
Jackson said breaking rule gave New York an edge due to team’s style of play
Jan 28, 2015, 12:42 PM EST
Thunder remain heavy favorites
Jan 28, 2015, 12:05 PM EST
The Raptors are trying to be patient and tap into his potential.
Jan 28, 2015, 11:17 AM EST
Mirotic, drafted in 2011, is a darkhorse challenger to Andrew Wiggins for Rookie of the Year
Jan 28, 2015, 9:59 AM EST
It probably would matter less than before, but why change the date?
Jan 28, 2015, 9:22 AM EST
Upshaw reportedly failed multiple drug tests at Washington and Fresno State
Jan 28, 2015, 8:30 AM EST
He can do more than just shoot the rock.
Jan 28, 2015, 8:00 AM EST
They like his veteran leadership on a young team.
Jan 28, 2015, 2:59 AM EST
The Warriors are just simply a fun team to watch play.
Jan 28, 2015, 2:03 AM EST
I’d take this Finals matchup.
Jan 28, 2015, 12:17 AM EST
Lucas also previously played for Memphis
Jan 27, 2015, 11:33 PM EST
Hornets also reportedly had interest in Heat point guard
Jan 27, 2015, 10:51 PM EST
Buss would have turned 82 today
Jan 27, 2015, 10:09 PM EST
Heat blow lead to Bucks without star guard
Jan 27, 2015, 9:25 PM EST
Following Pistons basket, Cavaliers run awesome insta-fastbreak
Jan 27, 2015, 8:27 PM EST
One Clipper has a better chance than the other
Jan 27, 2015, 7:23 PM EST
The best news may be the return to the classic dunk contest format.
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