Apr 27, 2012, 8:59 PM EDT
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.
Jul 24, 2014, 9:55 AM EDT
Huestis would have accepted arrangement only with Thunder or Spurs, but will the NBA or players union allow it?
Jul 24, 2014, 9:22 AM EDT
Sacramento’s search for a starting-caliber point guard let the one already there leave for Suns
Jul 24, 2014, 8:45 AM EDT
San Antonio guard says he won’t represent Argentina if he still feels pain
Jul 24, 2014, 8:44 AM EDT
The good news, he did not eat all the ice cream he wanted during his recovery from a tonsillectomy.
James Harden: “Dwight and I are the cornerstones of the Rockets. The rest of the guys are role players.”
Jul 24, 2014, 8:00 AM EDT
Rockets players certainly are giving Parsons plenty of bulletin board material.
Jul 24, 2014, 1:00 AM EDT
Shannon Brown joins Metta World Peace and Lamar Odom
Jul 24, 2014, 12:01 AM EDT
Allen has already said an MRI comes first
Jul 23, 2014, 10:59 PM EDT
We know how this movie is going to end, Donald Sterling will lose the Clippers, we just don’t know how we will get there yet.
Jul 23, 2014, 9:55 PM EDT
Aminu, who replaces Rashard Lewis, will have player option
Jul 23, 2014, 9:30 PM EDT
Houston’s other second rounder, Alessandro Gentile, to remain in Europe
Jul 23, 2014, 8:40 PM EDT
If you really want something and you can afford it, why not? But Ballmer overpaid big for the Clips.
Jul 23, 2014, 7:49 PM EDT
Does this mean Boston will trade Rajon Rondo?
Jul 23, 2014, 7:12 PM EDT
Sacramento reportedly plans to file waiver claim on Casspi
Jul 23, 2014, 5:38 PM EDT
If Kevin Love goes to Cleveland does that impact Ray Allen’s decision?
Jul 23, 2014, 5:09 PM EDT
Numbers show a substantial increase in popularity.
Jul 23, 2014, 4:25 PM EDT
Exum is a project but he also could be the point guard of the future in Utah.
Jul 23, 2014, 3:40 PM EDT
“I was about to get him kicked out of the camp,” Wade joked.
Jul 23, 2014, 2:56 PM EDT
Good pickup to add some depth at the point, something Dallas needed unless you’re expecting a monster bounce-back season for Raymond Felton.
Jul 23, 2014, 2:09 PM EDT
Is it better than the offer being put together by the Cavaliers?
Jul 23, 2014, 1:30 PM EDT
He was given community services, which he can complete in Dallas where he was traded.
- James Harden: “Dwight and I are the cornerstones of the Rockets. The rest of the guys are role players.” 28
- Mavericks signing Al-Farouq Aminu to two-year, minimum salary contract 10
- Report: Ballmer’s $2 billion Clippers offer nearly double what Bank of America valued team at 14
- Report: Jameer Nelson near $2.7 million deal to join Dallas Mavericks 16
- Report: Mavericks void Rashard Lewis’ contract after it’s discovered he needs knee surgery 13
- Report: Sixers, Nuggets or Celtics could become third team in Kevin Love trade to Cavaliers 48
- Five biggest surprises from Summer League 14
- Justin Bieber and Kevin Durant share brunch (photo) 23