Sacramento, Kings can’t agree on arena funding

The latest plan for a new Sacramento Kings arena lasted all of two months, as the city and the team put a halt to talks yesterday on an arena plan to put on the November ballot.

The reason, according to the Sacramento Bee: “The two sides failed to reach an agreement on a host of complicated issues that included such fundamental items as the cost of a new arena and how much the Kings’ owners – the Maloofs – would pay.” That doesn’t actually sound so complicated from this corner, especially given the previously discussed Katrina effect; Darrell Steinberg, the former state official who was the Kings owners’ representative at arena talks, told the Bee: “If you’re going to cast blame anywhere, one word: inflation.”

Current local officials, meanwhile, seemed intent on serving their public duty to make the Maloofs’ case for them. “Arco [Arena] was a place that never met contemporary standards from the day it opened,” said Sacramento County Supervisor Roger Dickinson, who was the county’s negotiator in arena talks, while vice mayor Rob Fong declared, “I think they have to consider [relocation] if they don’t get a new arena.” It was not reported whether Dickinson and Fong also taped “Kick Me” signs to their backs before entering the negotiating room.


2 comments on “Sacramento, Kings can’t agree on arena funding

  1. As you noted, the article contains this quote:

    “The two sides failed to reach an agreement on a host of complicated issues that included such fundamental items as the cost of a new arena and how much the Kings’ owners – the Maloofs – would pay.”

    My BS translator restated that pretty accuratly, I think: Joe Maloof: “We will contribute $0.” Gavin added, “And how.” Then, in unison, “But we will control all revenues.”

    The last polls on this showed that 1% of the voters will support an arena paid for with all taxpayer dollars. When push comes to shove and the voters get their say, the voters would reject an arena project paid entirely with public dollars. Fong, Steinberg, Fargo, et al, all understand this; they knew an election with these terms was doomed.

    So I can kind of picture Fong in the meetings, saying stuff like, “Hey, nice idea. Too bad the voters will reject it.”

    The last out-clauses in their original loan with the City expire at the end of next season, and the All Star game will be hosted by the Maloofs in Las Vegas next February. I absolutely expect an announcement at that time. The Maloofs are done working with Sacramento, and I don’t even think it’s personal; it’s practical, that’s all.

    It’s personal for me, though. Good riddance. Go away, Joe and Gavin. Find another county to rob.

Leave a Reply

Your email address will not be published. Required fields are marked *.
NOTE: Both personal attacks on other commenters and trolling (posting inflammatory remarks solely to start a fight) are not allowed in comments, and will be deleted. Any commenters who repeatedly ignore these rules may be placed on moderation, or banned.

HTML tags are not allowed.

760,228 Spambots Blocked by Simple Comments