Skip to content

Sacramento coordinating effort to sell out new owners’ arena before they own it

Jan 14, 2013, 11:15 AM EDT

Clippers Kings Basketball AP

Remember hearing the stories about Kings fans and concerned Sacramento citizens trying to raise money for an arena when the Maloofs first announced their intention to move to Anaheim?

If not, go check out the award-winning documentary Small Market, Big Heart and soak up the story of the many different grassroots efforts that popped up to save their team.

These fans orchestrated sell-outs, sit-ins, and some of the younger ones even sold lemonade to get the message across to both the Maloofs and the NBA that Sacramento wanted to keep their team and would support it.

Time has shown that the Maloofs couldn’t afford to run an NBA franchise and that they weren’t ready to operate in good faith, making these efforts look something like William Wallace in Braveheart if he had a really bad case of Stockholm Syndrome.

Fortunately for Sacramento, the Maloofs are becoming less important by the day. They’re going to sell the team or face Armageddon from all angles, as they can’t afford a lame duck year in Sacramento on any level. Sources close to the ongoing relocation saga are convinced that there is no way they keep the team beyond this season.

All the family can do right now is hope that a bidding war between Sacramento and Seattle returns the highest possible dollar for the winning offer, and barring an unlikely antitrust lawsuit from the fledgling family that offer will be the one the NBA lets them take.

Seattle billionaire Chris Hansen has reportedly made offers between $500-525 million in what was characterized by initial reports to be a done deal, though PBT reported that no deal was imminent and so far there is no deal.

Sacramento’s offer likely starts to produce more money than Seattle’s offer for the Maloof family at about $425-450 million, and sources say Sacramento’s final offer is likely to break the NBA record for a franchise sales price ($450 million, Warriors).

This leaves Sacramento right back where they were in March of 2011, trying to convince David Stern and the other 29 owners that California’s capitol city deserves to keep its beloved Kings. The next question is about the arena — a new one needs to be built wherever the franchise plays next.

So what are those Sacramento fan groups doing now?

Let’s just say they’re not simply handing out fliers (though we will say that they’re circulating petitions for both Seattle and Sacramento to get a team).

As announced earlier today on the Carmichael Dave Show, Dave is leading a coordinated grassroots effort including fans, businesses, and community leaders called Here We Buy (click the link to check it out).

If you don’t recall, Carmichael Dave is the symbolic and emotional leader of the Sacramento movement, and a local media voice that was dismissed by the team sponsored radio station, with many speculating that his aggressive stance on relocation matters was behind it.

Carmichael Dave became this leader when he started a movement called Here We Build that collected over $500,000 in ‘promised pledges’ in the days after the Maloofs announced they were trying to go to Anaheim.  Dave partnered with Jiffy Lube director of marketing Matt Graham to put the #HereWeBuild hashtag on electronic billboards clear across Sacramento, but when mayor Kevin Johnson and Sacramento’s business community convinced the NBA  to give them another year to organize a funding plan the PR effort wasn’t needed anymore.

Of course, collecting Monopoly money to pay for a $400 million arena for owners with both feet out the door is a little bit silly, but Dave and others were doing the best they could under the constraints they had.

“We (grassroots leaders) were rookies back then,” said Dave. “We’re grizzled veterans now.”

What the new Here We Buy initiative will do is give a way for fans and businesses to express their interest in purchasing season tickets or sponsoring the Kings under new ownership.

Carmichael Dave’s group hasn’t set any specific goals for the initiative, but the idea is to show the NBA and prospective owners how ready and excited Sacramento is to fill an arena.  A successful campaign can help show both the new owners and the league that they are walking into a plug-and-play deal.

Equally important to the campaign is giving fans a way to get involved in what has been a long, helpless journey. While fan groups have still been breaking their necks attending city council meetings, working with social media, and going to games while both the team and arena literally fall apart before their eyes — fans have been in the same holding pattern that the deal-makers have been in.

With a legitimate way to give fans the chance to help add another feather to Sacramento’s cap, Dave is expecting the best.

“I think fans of the Kings, despite some media reports, have every reason to be confident. We have the right pieces in our favor. Now we can just participate in the puzzle coming together, and Here We Buy is a big part of that process,” he said.

With Sacramento’s buyers revealing themselves daily, the gears are turning rapidly as ink gets set to paper, decisions get made, and ultimately the city gets ready to make a presentation to Stern and the NBA Board of Governors (the NBA owners).

Mayor Johnson told Sam Amick of USA Today that Stern is aware he will make a request to speak to the league’s governing board before any Seattle deal is finalized, and the deadline for a relocation request to be made this year is March 1 (unless it is extended).

These are just some of the most recent developments highlighting the momentum in Sacramento. Echoing our original breaking report that ‘Kings to Seattle’ was not a done deal, sources close to the situation are still confident that the city will get the chance to meet or beat Seattle’s offer.

I opined on Twitter on Saturday that I thought Sacramento had edged in front of Seattle based on conversations with those sources, and that confidence has been spreading throughout Sacramento, too.

Carmichael Dave summed it up as such:

“I’m very confident about the outcome. I just can’t see a situation where the local bidders offer a price that would possibly break an NBA record, have an arena deal already signed off by the city, only to have the NBA approve the move (to Seattle). It would be unprecedented.”

Sacramento is going to field a competitive offer on all fronts and nobody can explain why Stern would willingly add the stain of leaving Sacramento to clean one up in Seattle.

Latest Posts
  1. Wednesday NBA grades: Kevin Durant ends season exactly like you think he would

    Apr 17, 2014, 2:10 AM EDT

    Kevin Durant Kevin Durant

    On the season Kevin Durant averaged 32 points, seven rebounds and five assists a game. Not too shabby.

  2. Kevin Durant’s game-winning dunk clinches two seed for Thunder (VIDEO)

    Apr 16, 2014, 11:31 PM EDT

    Oklahoma City Thunder v Atlanta Hawks Getty Images

    Kevin Durant was simply unstoppable with the game on the line against the Pistons.

  3. Finally the NBA playoff match ups are set

    Apr 16, 2014, 11:00 PM EDT

    Miami Heat Victory Parade And Rally Getty Images

    The West is loaded with great series: Thunder vs. Grizzlies, Clippers vs. Warriors, Rockets vs. Blazers.

  4. Wagers on season win totals still undecided for four teams heading into final night of NBA season

    Apr 16, 2014, 10:31 PM EDT

    Vegas nailed the lines for season win totals for four NBA teams almost exactly.

  5. NBA announces preliminary schedule for Game 1 of the playoffs

    Apr 16, 2014, 9:14 PM EDT

    Golden State Warriors v San Antonio Spurs - Game Two Golden State Warriors v San Antonio Spurs - Game Two

    The matchups aren’t all set, but this gives us an idea of who plays when as the playoffs open this weekend.

  6. Knicks announce signing of Lamar Odom for remainder of the season

    Apr 16, 2014, 7:48 PM EDT

    odom phil Getty Images

    Knicks make it official and announce they’ve signed Lamar Odom for the remainder of the season.

  7. PBT Extra: Giving out MVP, end of season awards

    Apr 16, 2014, 6:59 PM EDT

    Oklahoma City Thunder vs Miami Heat Getty Images

    Durant and LeBron at the top of the MVP ballot is easy, it’s filling out spots 3-5 that is the challenge.

  8. New Bucks owners say all the right things, that they are committed to Milwaukee

    Apr 16, 2014, 6:15 PM EDT

    Herb Kohl Herb Kohl

    Kohl is going to pitch in $100 million to get a new arena built in Milwaukee.

  9. Arizona State’s Jahii Carson officially declares for NBA Draft

    Apr 16, 2014, 5:15 PM EDT

    Arizona St v Texas Getty Images

    Teams will like his speed, but he’s destined for a second round pick.

  10. Report: Kobe Bryant already vacationing in France as Lakers end ugly season

    Apr 16, 2014, 4:29 PM EDT

    Kobe Bryant

    While the Lakers end their dreary season Kobe Bryant is already on vacation.

  11. Blake Griffin would vote yes on NBA allowing medical marijuana use

    Apr 16, 2014, 3:46 PM EDT

    Blake Griffin AP

    Clippers forward: ‘It doesn’t really affect me, but so many guys would probably benefit’

  12. Mavericks, Grizzlies both motivated to win Wednesday, avoid Spurs in first round

    Apr 16, 2014, 2:49 PM EDT

    Memphis Grizzlies v San Antonio Spurs - Game One Getty Images

    The Spurs have crushed the Grizzlies and Mavericks this season, so those teams are motivated to avoid a trip to the Riverwalk to start the postseason.

  13. 2014 PBT Awards: All-Rookie team

    Apr 16, 2014, 2:14 PM EDT

    Tim Hardaway, Mason Plumlee Tim Hardaway, Mason Plumlee

    First team nearly a clean sweep, but one top teamer didn’t even make other two ballots

  14. Report: Sale of Milwaukee Bucks for record $550 million agreed upon, team to stay in Milwaukee

    Apr 16, 2014, 12:57 PM EDT

    Image (1) Bucks_logo-thumb-250x346-20140.gif for post 4121

    New York based hedge fund billionaires Marc Lasry and Wes Edens are buying the team but keeping it in Wisconsin, they just need to get a new arena built.

  15. Tyson Chandler: ‘I’m not into wasting seasons’

    Apr 16, 2014, 12:22 PM EDT

    Jimmy Butler, Tyson Chandler Jimmy Butler, Tyson Chandler

    Knicks center knows, though, he might have no choice

  16. Shaq smashes Brent Barry’s guitar ala Animal House (VIDEO)

    Apr 16, 2014, 11:46 AM EDT

    Shaquille O'Neal AP

    You can’t do enough Animal House references to make me happy.

Featured video

Woodson, D'Antoni's coaching futures
Top 10 NBA Player Searches
  1. D. Williams (4159)
  2. K. Love (4154)
  3. D. Wade (4042)
  4. L. James (3752)
  5. G. Dragic (3677)
  1. S. Curry (3645)
  2. R. Rondo (3364)
  3. C. Anthony (3342)
  4. D. Howard (3198)
  5. R. Westbrook (3094)