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CBS-13 News just reported on the huge fiduciary hit the Kings could take in making their rumored move to Anaheim (which I didn't even know until just now was even on their radar; I'd always thought it would be Lost Wages because the owners own casinos there).

$65.5M still owed on the lease of Power Balance Pavillion (nee ARCO Arena)
$10M pre-payment penalty on the lease
$30-50M terratorial rights fee to the Lake Show
$30-50M terratorial rights fee to the Clippers
$30M relocation fee to the NBA*

* Rumored but unconfirmed.

(Incidentally, I'm working off of memory with these figures. They're fairly close but may be off a tad from what was on CBS-13's graphic.)

Supposedly, the owner of the Mighty Ducks is offering the Kings' owners a $100M loan to finance the move to the Pond. But this deal looks like one that's not worth taking, even with that kind of leverage.

Wouldn't a move to Seattle make more sense?

For what reasons? Seattle couldn't support the Sonics. What makes people think they could support the Kings, who historically can't recruit for beans?

Recruit? Since when do pro teams recruit?

Anyway, it wouldn't be the first time a city lost a pro team, only to regain one years later.

SuperHornet wrote:For what reasons? Seattle couldn't support the Sonics. What makes people think they could support the Kings, who historically can't recruit for beans?

Bullshit, we just couldn't get a new stadium built fast enough for David's Stern's liking, and what's his face in OKC waved a bunch of money in his face. Stern left us to hang out and dry. Plus, CA has too many NBA teams already.