Sep 21, 2012, 8:45 AM EDT
How much would you pay for the right to advertise with a basketball team that refuses to guarantee where it will be a year from now?
If you’re mattress maker Sleep Train and hamburger purveyor Carl’s Jr., the answer is nothing.
Those are the reports coming out of Sacramento from the well-connected Carmichael Dave, who once hosted his own radio show for the Kings’ flagship radio station 1140 The Fan. Dave was mysteriously let go after becoming critical of the Maloof family, after George Maloof torched a viable arena deal in Sacramento last April. Dave has since started his own radio show.
Sleep Train was in talks with the Kings for naming rights of the arena formerly (and still to many) known as Arco Arena.
Carl’s Jr., perhaps the most prominent sponsor for the team, was at the center of controversy when the Maloofs released an advertisement for their $6,000 burger combo meal – flaunting their $1 billion net worth while asking the city of Sacramento to pick up much of the tab on an arena in 2006.
Sutter Health, a large Health Maintenance Organization in the Sacramento area, is also out.
Sources have told ProBasketballTalk that about half of the team’s sponsors have decided not to renew their packages, and Dave reports that several of the team’s larger sponsors are “on the rocks,” including Thunder Valley Casino and VSP Vision Care.
Dave also reports that beverage sponsors are concerned that the Maloofs’ new vodka drink might get preferential treatment at the arena.
Everything in this unfortunate saga centers on the Maloofs, who either have to cut a deal with Sacramento similar to the one that the NBA negotiated on their behalf last fall, or try their luck moving the franchise. Should they sell, there will be no shortage of suitors in Sacramento and around the nation.
Surely, the other 29 NBA owners have to be tired of cutting these guys a revenue sharing check.
Sep 19, 2014, 8:15 PM EDT
Must-read quote from Bogut on how he does NOT want to be perceived.
Sep 19, 2014, 5:59 PM EDT
This post is here to make life easier for you when you want to find these at the end of the season and point out how wrong we were.
UPDATED Report: Timberwolves make push for Eric Bledsoe, Suns not interested in sign-and-trade talks
Sep 19, 2014, 5:11 PM EDT
It has to be a sign and trade and Minnesota doesn’t have a lot of leverage here.
Sep 19, 2014, 4:00 PM EDT
“It was more just becoming a better all-around player, trying to take the next step and become a leader on this team and will my team to win.” —Jeff Green
Sep 19, 2014, 3:28 PM EDT
And you wonder why Phil Jackson is worth $12 million a year to the Knicks organization.
Sep 19, 2014, 2:50 PM EDT
Budenholzer got thrust into a position with the power a lot of coaches covet.
Sep 19, 2014, 2:07 PM EDT
Sep 19, 2014, 1:30 PM EDT
Best. Name. Ever.
Sep 19, 2014, 12:47 PM EDT
Heat point guard one-ups Andre Drummond with trick shot
Sep 19, 2014, 12:44 PM EDT
Will he make Cleveland’s regular-season roster?
Sep 19, 2014, 12:05 PM EDT
Full recap from the launch event at Nike World Headquarters in Portland, Oregon, including technical information, details on colorways, and confirmed release dates.
Sep 19, 2014, 11:32 AM EDT
Elbow injury would have kept him out of camp.
Sep 19, 2014, 10:30 AM EDT
Kyle Lowry and Co. return for another run
Sep 19, 2014, 9:30 AM EDT
Former Kings draft pick joins three other players competing to make Memphis’ roster
Sep 19, 2014, 9:00 AM EDT
Raduljica, after solid rookie year, leaves NBA sooner than he’d hoped.
Sep 19, 2014, 8:30 AM EDT
Alfonso Ribeiro can still do that dance.
Sep 19, 2014, 8:00 AM EDT
“Then it became a competition amongst guys and now you really got into it more and you started to really understand the clothes you put on your body.” —Dwyane Wade
Sep 19, 2014, 12:01 AM EDT
Saunders wants the rookie to earn it.
Sep 18, 2014, 10:46 PM EDT
Pietrus sat out all of last season.
- UPDATED Report: Timberwolves make push for Eric Bledsoe, Suns not interested in sign-and-trade talks 14
- LeBron James unveils latest signature shoe from Nike: The LEBRON 12 10
- ProBasketballTalk 2014-15 Preview: Toronto Raptors 8
- Dwyane Wade credits David Stern’s dress code for improving his style 15
- Kevin Durant has grown close with Karl Malone 15
- ProBasketballTalk 2014-15 Preview: Philadelphia 76ers 5
- Steve Kerr said Danny Ferry made mistake but is a “man of high character” 33
- LeBron James on Kyrie Irving: “I believe Kyrie can be the best point guard in the league.” 25