Moving may not be a good idea for the Sac Kings

[SuperHornet]

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.

[Grizalltheway]

Wouldn't a move to Seattle make more sense?

[SuperHornet]

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?

[Grizalltheway]

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.

[Screamin_Eagle174]

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.