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 6, 2015, 4:36 PM EDT
This signing was never in doubt.
Jul 6, 2015, 4:12 PM EDT
Signing Terry would go over well with the fan base in Dallas
Jul 6, 2015, 3:25 PM EDT
Skilled forward was No. 35 pick in 2010 NBA draft
Jul 6, 2015, 2:40 PM EDT
Can the Spurs keep Patty Mills and Boris Diaw, too? Ginobili must still negotiate a contract
Jul 6, 2015, 2:15 PM EDT
Lakers are surprisingly high at 50/1
Jul 6, 2015, 1:36 PM EDT
Nobody wants Anderson Varejao and his contract
Jul 6, 2015, 12:49 PM EDT
As a result, Clippers suffer
Jul 6, 2015, 12:08 PM EDT
Cavaliers forward, a basketball and nothing else
Jul 6, 2015, 11:30 AM EDT
Michael Malone lands a good lieutenant
Jul 6, 2015, 10:42 AM EDT
Former NBA point guard also loves Cory Joseph signing with Raptors
Jul 6, 2015, 10:03 AM EDT
Jul 6, 2015, 9:16 AM EDT
Llull will have a lower buyout, though
Jul 6, 2015, 8:30 AM EDT
The best guy widely available? David West.
Jul 6, 2015, 8:00 AM EDT
This is a good pickup for the Raptors.
Jul 6, 2015, 1:51 AM EDT
He fits well with what George Karl wants to do.
Jul 6, 2015, 12:28 AM EDT
Whether regular season or Summer League, we love us some buzzer beaters.
Jul 5, 2015, 11:30 PM EDT
Evans won the 2012 dunk contest.
Jul 5, 2015, 10:32 PM EDT
This seems steep, they could have gotten him for less.
Jul 5, 2015, 8:59 PM EDT
The Lakers will need to move Young to clear the cap space for their other moves.
Jul 5, 2015, 7:30 PM EDT
Dallas doesn’t have much to offer.
- Report: Marc Gasol, Grizzlies reach deal on five-year, $100 million contract 3
- Manu Ginobili tweets he’ll play next season 6
- Who is left: 15 best free agents still on the board 12
- Report: Detroit Pistons sign restricted free agent Reggie Jackson for five-years, $80 million 37
- Report: Lakers near deal to sign Brandon Bass, may trade Nick Young 35
- Spurs reset franchise for post Tim Duncan life in one impressive week 19
- Report: Lakers, Pacers reach deal to trade Roy Hibbert to LA 58
- LaMarcus Aldridge has chosen to sign with Spurs 85