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Sacramento

  1. Steve Ballmer “on a rampage,” playing Russian Roulette with Seattle’s NBA future

    May 14, 2013, 8:00 AM EDT

    steve_ballmer1

    It has been said throughout the Sacramento Kings saga that the presence of Microsoft CEO Steve Ballmer in Seattle’s ownership team has been a big plus as they seek to buy and relocate the team. Worth $15 billion according to Forbes and ranked No. 51 on its billionaire list, he and Chris Hansen were called…

  2. Who’s winning the race to open a new Kings arena?

    Apr 3, 2013, 2:01 PM EDT

    sam_severson_kings_sonics_full

    While Sacramento’s fight to keep their Kings could extend all the way to the NBA’s Board of Governors meeting on April 18-19, this week will prove pivotal as both Sacramento and Seattle are set to give their best pitch to the BOG’s joint committees tasked with reviewing the matter today in New York. League insiders…

  3. Comparing markets, attendance and ownership in Sacramento and Seattle

    Mar 9, 2013, 9:00 PM EDT

    seattle_arena_sac_arena

    We’ve discussed the issues that will determine whether or not the Sacramento Kings stay in California’s capitol or go to Seattle, including the impact of public subsidy support in both cities, the race between the two cities for an arena deal, and what lawsuits pending in Seattle mean to the process. Next we take a…

  4. Future of NBA arena subsidies, market comparisons to decide Kings’ fate

    Mar 4, 2013, 11:37 PM EDT

    Stern-2-650x315

    As Sacramento Mayor Kevin Johnson has been advertising for the past month, we did indeed get confirmation of the identity of his ‘whales’ at his State of the City address on Thursday. Reiterating parts of his four-part plan that included bringing together a local ownership group, finding big equity investors (whales), putting together a downtown…

  5. Lawsuits in Seattle give Sacramento head start in race to approve an arena

    Feb 22, 2013, 4:08 PM EDT

    seattle arenas

    The question of which city, Sacramento or Seattle, is ahead in the race to bring the NBA a brand new arena attached to a shiny new public subsidy is unclear at this time, but sources with intimate knowledge of the situation tell PBT that so long as Sacramento Mayor Kevin Johnson delivers on his promises…

  6. History of public subsidy support could be key issue in Sacramento Kings’ future

    Feb 20, 2013, 3:11 PM EDT

    kj stern hugging

    It’s no secret that public funds for arenas make the NBA world go round. Seattle lost their Sonics because politicians did not want to play ball, right or wrong, and to top matters off they openly admonished David Stern and the NBA during the critical days and months that determined the Sonics’ fate. The past…

  7. David Stern sets the stage for final leg of the Sacramento Kings saga

    Feb 19, 2013, 5:44 PM EDT

    NBA Commissioner David Stern listens at a news conference before the All Star slam dunk competition during the NBA basketball All-Star weekend in Houston

    There is a lot to understand when it comes to the potential sale of Sacramento Kings.  As NBA commissioner David Stern laid out Saturday, the 29 owners deciding the Kings’ future home face a complex story involving a great ownership group in Seattle and a compelling story out of Sacramento. Seattle’s ownership group already has…

  8. Kings ownership documents reveal major potential stumbling blocks for Seattle

    Feb 4, 2013, 11:43 PM EDT

    chrishansen2-600x371

    CORRECTION:  February 8, 2013 An earlier version of this post incorrectly referred to a May 2003 document as an addendum to the Kings’ 1992 ownership agreement.  The May 2003 document is self-described as a proposal, which, if approved, would constitute a basis for an amendment of the Kings’ partnership agreement.  The version of the May…

  9. George Maloof says deal to sell the Kings to Seattle “not close.” If you choose to believe him.

    Jan 10, 2013, 4:24 PM EDT

    George Maloof

    There are plenty of people that are writing off the Kings’ future in Sacramento, but sources in Sacramento close to the situation have told PBT consistently that California’s capitol city will have the opportunity to make an offer to keep the team. Whether or not that ultimately happens remains to be seen, but for now…

  10. Sources: Sacramento Kings to Seattle not a done deal just yet

    Jan 9, 2013, 3:09 PM EDT

    George Maloof

    The ongoing joke about the Maloofs in league circles is that they can get the girl’s phone number, but they can’t close the deal. After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there…

  11. George Maloof’s Virginia Beach arena ploy falls apart, Seattle rumors heat up

    Jan 9, 2013, 9:10 AM EDT

    Phil, George, Gavin Maloof

    We never took the Maloofs or Virginia Beach seriously in their talks to move the Sacramento Kings to the eastern seaboard, and predictably the talks officially fell apart when Virginia Beach mayor Will Sessoms declared the deal dead for now on Tuesday. There were a million reasons that deal was a farce – a sad…

  12. Will Seattle billionaire Chris Hansen drastically overpay for the Sacramento Kings?

    Sep 11, 2012, 5:26 PM EDT

    chris hansen seattle

    News of billionaire Chris Hansen striking a deal with the Seattle City Council hit the wire late Monday night, as the sides have agreed to a framework on an arena deal that moves them a few smaller hurdles away from becoming an NBA-ready city (courtesy of Chris Daniels of King 5 in Seattle). In a…

  13. Comcast-Spectacor hasn’t spoken with Kings at all, arena project barely off the ground

    Aug 28, 2012, 6:53 PM EDT

    georgemaloofeminem

    Unless there is more to come in the next few days, the Virginia Beach arena press conference didn’t do much to sway the overwhelming opinion that the Sacramento Kings are nowhere near moving there. There were no Maloof appearances, but president of Comcast-Spectacor Peter Luukko spoke to the Virginia Beach city council in support of…

  14. Have the Maloofs threatened the NBA’s billion dollar arena subsidy industry?

    May 17, 2012, 5:48 PM EDT

    team maloof with stern

    What do Faye Vincent, George Steinbrenner, and David Stern have in common? They’re each relevant characters in the relocation saga of the Maloof family, owners of the Sacramento Kings, who are increasingly becoming a liability for the NBA. That’s because Chris Lehane, executive director of arena group Think Big Sacramento and big-time political consultant to…

  15. Documentary released profiling grassroots effort to keep Kings in Sacramento

    May 16, 2012, 11:47 AM EDT

    take my life

    I called it ‘watching your own funeral,’ but instead of a eulogy there was Fan Appreciation Night. Instead of a pall-bearer, there stood Kobe Bryant. You could’ve written the story of Sacramento’s fight to keep their team with a scalpel, but in this open-heart surgery there would be no anesthetic. The Lakers were in town,…

  16. David Stern comments about Kings arena situation with typical coded message

    Apr 4, 2012, 9:47 PM EDT

    team maloof with stern

    David Stern took a moment to address the Kings arena situation in Utah before Wednesday’s game against the Suns. Brian Smith of the Salt Lake Tribune has been a great resource for the Kings arena information and he brought this quote to print: Stern on how he feels about the Kings staying in Sacramento, compared…

  17. Sacramento City Council passes most important vote to keep Kings in town

    Mar 7, 2012, 3:07 AM EDT

    AA_kingsRally001.standalone.prod_affiliate.4

    I interviewed Carmichael Dave, the person most synonymous with Sacramento’s grassroots effort to keep their basketball team, way back on April 5, 2011. The Kings were all-but gone by most accounts, and I asked Dave what he thought the Kings’ chances of leaving were. “90-10.” It turns out that he might have been a bit…

  18. There they stay: Framework in place to keep Kings in Sacramento

    Feb 27, 2012, 1:55 PM EDT

    114161_Los_Angeles_Lakers_v_Sacramento_Kings

    Much regarding the basketball future of the Sacramento Kings remains up in the air, but this particular Monday brought an unequaled security to the franchise, its city, and the Kings’ legions of ardent fans. According to Sam Amick of SI.com, the Monday meeting held to discuss arena funding plans in Sacramento has produced the “framework…

  19. Stern says Sacramento arena deal comes down to paying up

    Feb 25, 2012, 9:14 PM EDT

    NBA All-Star Weekend

    It’s all about the money. It’s always been about money when it comes down to getting a new arena built in Sacramento and keeping the team in that city. But now it has come down to pulling out the checkbooks and committing to dollars and the negotiations are intense. When David Stern talked about issue…

  20. Kings Arena Update: Critical Sac City Council meeting postponed at last minute

    Jan 25, 2012, 8:45 AM EDT

    ProposedKingsArena

    It’s been a while since we checked into the Sacramento Kings’ arena situation, which almost faced another crucial moment on Tuesday when the Sac City Council meeting was set to turn into a shootout at the Cowbell Corral. On one side, arena opponent and council member Sandy Sheedy was ready to force debate on whether…

  21. Kings struggle to keep all those new sponsors happy

    Oct 27, 2011, 1:04 PM EDT

    Kings Farewell Basketball

    It is one of the key reasons the Kings are still the Sacramento Kings. Sacramento Mayor walked up to the NBA’s owners — not the Maloof brothers that own the Kings, but the rest of them — and said he could bring in $10 million more in local corporate sponsorship. Then he went out and…

  22. New documentary tracks effort to keep Kings in Sacramento

    Oct 26, 2011, 8:42 AM EDT

    Los Angeles Lakers v Sacramento Kings

    A team of bloggers — more importantly, a team of Kings fans — has started to make a documentary about the effort to keep the Kings in Sacramento. A documentary that talks to everyone: The Kings broadcast team, former team officials, Mayor Kevin Johnson, and fans. Okay, it doesn’t talk to the Maloofs, but they…

  23. NBA doing the Maloofs’ talking for them

    Oct 6, 2011, 9:52 AM EDT

    Los Angeles Lakers v Sacramento Kings

    The Maloofs’ relationship with Sacramento is decidedly love-hate. When the Kings were winning and Joe and Gavin were plastered on TV during games, Sacramentans were ready to propose. But it’s funny how life works — the team started losing and (gulp) started asking the city of Sacramento for money, and everything has been downhill since.…

  24. Sacramento Kings arena funding plan to be released Sept. 8

    Aug 18, 2011, 1:11 AM EDT

    ProposedKingsArena

    We don’t know the specifics of how the city of Sacramento plans to pay for the proposed $387 million Entertainment and Sports Complex (ESC), but we do know when they plan to announce those plans. According to Ryan Lillis of the Sacramento Bee, a menu of funding options will be presented to the public on…

  25. Kings Arena Update: Kevin Johnson working with Ron Burkle’s right hand man

    Jun 17, 2011, 5:55 PM EDT

    anderson kj romani

    The Sacramento Kings arena saga took an interesting turn on Wednesday when it was announced that the Maloof family had given up majority ownership of the Palms Casino after a “recapitalization agreement” with their main creditors, TPG Capital and Leonard Green and Partners. The deal reduces the Maloof’s ownership from about 80 percent to 10-20…

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