"Where the heck all that money is coming from" is what I've been saying all along.

The parking "monetization" idea is just not producing the level of revenues they had originally forecast. This is because the City has decided to keep the most profitable hours to itself. If they do that, they're not going to get any $200M offers for their parking. It's going to be closer to $100M.

I work near the site, Neil, and I'm telling you, the freeway onramp to I-5 South has one lane, while the one to I-5 North has two lanes. Completely inadequate, and because of the way that stretch of freeway was built, it will be nearly impossible to fix them.

Mike, why is that inadequate? The one ramp to Candlestick Park (which is 4x bigger) has had only one lane in both directions for 50 years. And while not great it's at least sort of worked. The arena should be much better off.

The bigger issue isn't the funding per se, it's that this new info out of LA indicates that the Maloofs are going to use the old, hurry hurry or we'll move routine not giving the city enough time to do proper analysis of what they're doing including the funding.

Dan, if SF tried to do that now, they wouldn't be able to. It's no longer 1965.

Neil, it may be getting even more interesting:

www.sacbee.com/2012/03/29/4376882/new-arena-troubles.html

A Maloof family spokesman in Los Angeles told The Bee today the team does not feel that it should share in pre-development costs because the team is only a tenant in the building, which would be owned by the city.

"The team should not be responsible for the pre-development expenses," team spokesman Eric Rose said. "That has been the position of the Kings from the start."

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In other words, the term sheets are completely flexible. Because the Maloofs did, in fact, agree to this amount.

What else is flexible in the term sheets?

Just, wow. I did not see this coming.

I'm not surprised. The Maloofs bailed on Props. Q and R at the last minute and if I remember correctly, that was a much more lucrative deal than this one. If the Maloofs can't come up with $3M, what about the other $70 they've committed to the deal? I hope they like Power Balance Pavilion. They'll be there for a while.

It sounds to me like someone slipped them another offer on the QT. Anyone recall the smokescreen Jerry Jones laid down on the city of Dallas and later Dallas county when he had Arlington in his pocket from the beginning? That was another "rush" deal and Jerry set the timeline but this time it looks to me like the Kings just stalled long enough to use the city's own deadline to try to get some extra concessions at the last minute. Either of the two scenarios, or others, are possible but this is why knowing the deadline of the other party is a strong tool of experienced negotiators.

It's also possible that the Dodgers sale has them thinking that maybe locking themselves into small-market TV rights isn't the best strategic move at the moment.

Or it could just be that they're backing away from the table to ensure that Sacramento doesn't make any more demands on them if the city's funding falls through. Really, we're deep into speculation here.

With Seattle and other markets like Kansas City available, I have no idea why the Maloofs are so obsessed with Sacramento. Leave and go to the Sprint Center in Kansas City, or go to Seattle, get a huge TV deal, and build an arena yourself, or get the To Catch a Predator guy(I kid, no pun intended) to pay for it.

I think it's a power-play by the Maloof Family so they don't have to make anymore concessions. They'll probably get it done, a lot of back-room dealing is going on right now in the State of California when it comes to stadium situations, whether it be in Los Angeles, Sacramento, San Diego, San Francisco and even Oakland. The leagues & government officials see that voting for a stadium with tax-subsidies will not pass on a California voting ballot. I still don't understand why the NBA & Maloofs just don't move the Kings back to Kansas City.

Darren, suddenly deciding at the last minute that the $3.26M you promised wasn't set in stone doesn't look like a power-play to me at all. It seems like just the opposite -- like the Maloofs don't have the money.

I could see balking 3-4 payments down the road being a power-play, but now you have Council members who barely voted yes on March 6 who will switch sides.

Now the NBA has decided to throw in $200,000 for the Maloofs. It doesn't seem like they're that committed to the deal if they're throwing in 5% of the original amount proposed.

I don't know that they'll have more than 3 votes to proceed on Tuesday. Even KJ seems mad now.

The $200k from the NBA is a loan. How are the Kings going to get the rest of what they committed to the project? And MikeM, I say Darrell Fong and Bonnie Pannell join the Nos on Tuesday.

I still don't understand why the NBA & Maloofs just don't move the Kings back to Kansas City.

Has it not been pretty well established that AEG is making money just fine with the Sprint Center, and that any relocating NBA or NHL team is likely to make demands that hurt that profitability.

The team owners can make gobs of money, the stadium owner/operator can make gobs of money, but not both.

That's my take on why K.C. isn't tempting, certainly. AEG has no incentive to offer the kind of sweetheart deal the Maloofs want. Neither does Anaheim, of course, but at least there you're in a big media market, unlike K.C.