Sacramento developer Mark Friedman jumps into bid to buy KingsPosted by Inside Hoops
Sacramento developer Mark Friedman said today he’s joining the bid to buy the Kings and build the team a new arena at Downtown Plaza.
Friedman said today he’ll also participate in the non-arena development that’s being proposed for the Downtown Plaza site.
Friedman’s emergence comes one day after Mayor Kevin Johnson revealed that Southern California billionaire Ron Burkle had to reduce his role in the project because of a conflict of interest. Johnson hinted at a press conference Monday that there might be additional changes in the ownership structure.
– Reported by Dale Kasler and Ryan Lillis of the Sacramento Bee