Gloomy outlook for new Sacramento arena plans

Sacramento Mayor Kevin Johnson’s ”Plan B” to build a new sports arena is dead.

The second option for a new arena for the Sacramento Kings -or any other professional sports tenant – never really took shape. Johnson said Tuesday that the city and arena operator AEG have concluded that the financial model is not viable for the region without an anchor sports tenant.

— Reported by the Associated Press

Author: Inside Hoops

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