View Single Post
Old 04-27-2011, 01:18 PM   #1
insidehoops
Administrator
 
insidehoops's Avatar
 
Join Date: Jun 2006
Posts: 11,409
insidehoops has disabled reputation
Default Sacramento makes final presentations in effort to keep Kings

Sacramento officials took their last shot at keeping the Kings on Tuesday, unveiling a group of corporations that agreed to put down deposits on $10 million worth of sponsorships and ticket sales next season. "The NBA has said to Sacramento, 'Show me the money,' " a beaming Mayor Kevin Johnson said, flanked by 30 business leaders outside Golden 1 Credit Union offices. "And today, we're doing just that." Sacramento Bee

Now the team's fate lies mostly in the hands of the NBA and its relocation committee, which is investigating whether Sacramento is a more viable market than Anaheim. The league's top brass have made it clear they are interested in keeping the team here at least one more year. The Maloofs, who own the Kings, may still seek a move, regardless of what league officials tell them to do. A source close to the team said the Maloofs have concerns about long-term corporate support in Sacramento and the region's ability to finance a new arena. Sacramento Bee
insidehoops is offline   Reply With Quote