ESPN pegged the value of the Kings franchise at $300 million, not $350 million, 25th out of 32 franchises. By comparison, Portland was at 18th ($375 million, if you have some spare change around.Screamin_Eagle174 wrote:525 = 2 x 350 ?JALMOND wrote:
But for almost double what the team is currently worth? Also, keep in mind it is the Kings who haven't seen success since the days of Webber and Divac. Currently their best player is a big head case who can't seem to avoid trouble and has been suspended by both the league and the Kings more than once this season. Not really the best option to build a team around. There are other more attractive franchises out there, why the hurry?
That's some OSBF math right there. NBA franchises don't go on the market very often...
The Maloffs selling Kings to Seattle Group
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Re: The Maloffs selling Kings to Seattle Group
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Re: The Maloffs selling Kings to Seattle Group
http://blogs.seattletimes.com/fyi-guy/2 ... mojo-back/" onclick="window.open(this.href);return false;
Then there's this as well. So basically the Seattle Group has overpaid for a team that hasn't been a winner for a long time, who's best player has a problem of even suiting up for games, to leave a city that even with all this has been supportive of the team for 25 years, to move to a city that could care less about the NBA, even less than the Spokane market. Scream, you said so yourself that you don't really care about the NBA either. Is this really about returning to the NBA, or is it about trying to correct a perceived "slight" from years ago?
Then there's this as well. So basically the Seattle Group has overpaid for a team that hasn't been a winner for a long time, who's best player has a problem of even suiting up for games, to leave a city that even with all this has been supportive of the team for 25 years, to move to a city that could care less about the NBA, even less than the Spokane market. Scream, you said so yourself that you don't really care about the NBA either. Is this really about returning to the NBA, or is it about trying to correct a perceived "slight" from years ago?
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Re: The Maloffs selling Kings to Seattle Group
KJ's tellin' Seattle to hold their horses....
He has a group of at least 20 people pleding at least $1M each to join a SoCal billionaire who co-owns the Penguins and the founder of 24-Hour Fitness in buying the team and building an arena in Sac. KJ will address the league board about this when they meet in April to discuss it. There is also the deadline to apply to move, which is 01 MAR; unless that's extended, even if the Seattle sale goes through, they'll have to play next season in Sac.
[url]http://sports.yahoo.com/news/mayor ... --nba.html[/url]
He has a group of at least 20 people pleding at least $1M each to join a SoCal billionaire who co-owns the Penguins and the founder of 24-Hour Fitness in buying the team and building an arena in Sac. KJ will address the league board about this when they meet in April to discuss it. There is also the deadline to apply to move, which is 01 MAR; unless that's extended, even if the Seattle sale goes through, they'll have to play next season in Sac.
[url]http://sports.yahoo.com/news/mayor ... --nba.html[/url]

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Re: The Maloffs selling Kings to Seattle Group
KJ has possibilities, but he does not have a firm group in place (Seattle does). Also, he does not have an arena plan in place (Seattle does). He did get the NBA to extend the deadline last year while he put a plan to keep the Kings from moving to Anaheim. He is on the agenda at the owners meeting to be held during the All-Star week (mid-Feb) to announce his plan at that time. I don't think that gives him enough time to put together a group and an arena good enough to fight Seattle, but time will tell. The Kings are still in the possession of Sacramento and we'll see if the old adage of "possession being 9/10 of the law" holds in the NBA.SuperHornet wrote:KJ's tellin' Seattle to hold their horses....
He has a group of at least 20 people pleding at least $1M each to join a SoCal billionaire who co-owns the Penguins and the founder of 24-Hour Fitness in buying the team and building an arena in Sac. KJ will address the league board about this when they meet in April to discuss it. There is also the deadline to apply to move, which is 01 MAR; unless that's extended, even if the Seattle sale goes through, they'll have to play next season in Sac.
[url]http://sports.yahoo.com/news/mayor ... --nba.html[/url]
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Re: The Maloffs selling Kings to Seattle Group
Sac has a tentative arena deal in place. The tentative being if a NBA team is retained in Sac, the deal will be signed. It was an arena deal that Stern himself brokered with the City and the Maloofs…only to have the Maloofs renig on the deal in the 11th hour which pissed everyone off. This whole saga is far from over. Initially I though the Kings to Seattle was a slam dunk, but KJ has got his ducks in a row and Sac has literally done everything it can to keep the team. It will be a PR nightmare for the NBA if the Kings leave Sac.
Sources familiar with the situation tell ProBasketballTalk that “mega whales” Ron Burkle and Mark Mastrov are in serious talks with the city of Sacramento to collaborate on a bid to buy the Kings and keep them in California’s capitol.
Additionally, sources report that there is no shortage of bidders as at least five groups have approached the city and have NBA-level credentials.
Burkle famously was interested in buying the Kings from the Maloofs when they filed for relocation in 2011, but was rebuffed by the family in an emotional response.
http://probasketballtalk.nbcsports.com/ ... acramento/Both owners would work with the city of Sacramento using a model of last year’s arena plan that was negotiated and agreed upon by David Stern and AEG. Sources say that their interest is derived from Sacramento’s burgeoning basketball marketplace, a market they has been evaluated in talks to be a top-5 NBA market when one factors in the lack of other sports competition.
Hanging over the situation is the fact that the NBA has received over $3 billion in public subsidy money for arenas since 1990, and sources with knowledge of the situation maintain that Sacramento’s current “model offer” of public funds will not go unrecognized by the NBA’s Board of Governors. Aside from a public relations nightmare similar to that of Sonicsgate, the league’s ability to secure future funds from cities could be threatened if Sacramento is abandoned for Seattle. Yahoo! Sports and CSN Bay Area have reported that the Board of Governors has already made up their minds to support a move to Seattle, but sources speaking to PBT on the condition of anonymity don’t see it that way.
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Re: The Maloffs selling Kings to Seattle Group
JALMOND wrote:http://blogs.seattletimes.com/fyi-guy/2 ... mojo-back/
Then there's this as well. So basically the Seattle Group has overpaid for a team that hasn't been a winner for a long time, who's best player has a problem of even suiting up for games, to leave a city that even with all this has been supportive of the team for 25 years, to move to a city that could care less about the NBA, even less than the Spokane market. Scream, you said so yourself that you don't really care about the NBA either. Is this really about returning to the NBA, or is it about trying to correct a perceived "slight" from years ago?
Would you care about the NBA if the NBA facilitated the relocation of the Blazers at the hands of a new owner who lied about his intentions? Well, you might, but most people stop caring when they no longer have a team to root for, especially if it was taken away from a city as passionate as Seattle in the deceitful way that it was. Give me my team back, and I'll give a shit again. Seattle doesn't give a shit about the NBA because their team was taken from them, but they do care a whole shit ton about getting the Sonics back.
And you really think that an ownership group as financially stacked as Ballmer/Nordstrom/Hansen, who've shelled out $ at every turn to get an arena and team, aren't going to fork out the $ to get the best coaches and players possible? Their past success doesn't hold any weight... they won't be under past ownership and have the past players, except for Cousins and Thomas.
Why are you so against having a traditional rival in the PNW? Are you really that threatened by the Sonics? I know they were established before the Blazers and have a Championship, but simmer down a little Jalmond.
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Re: The Maloffs selling Kings to Seattle Group
Maloofs Agree to Sell NBA's Kings to Seattle Group
The Maloof family has agreed to sell the Kings to a Seattle group led by investor Chris Hansen, the league confirmed in a statement Monday morning. The deal is still pending a vote by the NBA Board of Governors.
A person familiar with the decision said that Hansen's group will buy 65 percent of the franchise, which is valued at $525 million, and move the team to Seattle and restore the SuperSonics name. The deal will cost the Hansen group a little more than $340 million. The Maloofs will have no stake in the team.
http://www.usnews.com/news/sports/artic ... sell-kings" onclick="window.open(this.href);return false;

An image provided by 360 Architecture Inc. shows the preliminary preferred design for a new arena being planned in Seattle to house an NBA basketball team, which could be the Sacramento Kings.
The Maloof family has agreed to sell the Kings to a Seattle group led by investor Chris Hansen, the league confirmed in a statement Monday morning. The deal is still pending a vote by the NBA Board of Governors.
A person familiar with the decision said that Hansen's group will buy 65 percent of the franchise, which is valued at $525 million, and move the team to Seattle and restore the SuperSonics name. The deal will cost the Hansen group a little more than $340 million. The Maloofs will have no stake in the team.
http://www.usnews.com/news/sports/artic ... sell-kings" onclick="window.open(this.href);return false;

An image provided by 360 Architecture Inc. shows the preliminary preferred design for a new arena being planned in Seattle to house an NBA basketball team, which could be the Sacramento Kings.
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Re: The Maloffs selling Kings to Seattle Group
Scream, your talking to a fan of the team that is owned by Apple founder, Paul Allen. We tried the aspect of "buying" a championship back in 99-00 (Allen even was able to get Scottie Pippen here then) and we probably would have got it if we could have closed the Lakers out in the fourth quarter of Game 7. Allen has the money but he no longer wants to spend for a championship now, but wants MANY championships later.Screamin_Eagle174 wrote:JALMOND wrote:http://blogs.seattletimes.com/fyi-guy/2 ... mojo-back/
Then there's this as well. So basically the Seattle Group has overpaid for a team that hasn't been a winner for a long time, who's best player has a problem of even suiting up for games, to leave a city that even with all this has been supportive of the team for 25 years, to move to a city that could care less about the NBA, even less than the Spokane market. Scream, you said so yourself that you don't really care about the NBA either. Is this really about returning to the NBA, or is it about trying to correct a perceived "slight" from years ago?
Would you care about the NBA if the NBA facilitated the relocation of the Blazers at the hands of a new owner who lied about his intentions? Well, you might, but most people stop caring when they no longer have a team to root for, especially if it was taken away from a city as passionate as Seattle in the deceitful way that it was. Give me my team back, and I'll give a **** again. Seattle doesn't give a **** about the NBA because their team was taken from them, but they do care a whole **** ton about getting the Sonics back.
And you really think that an ownership group as financially stacked as Ballmer/Nordstrom/Hansen, who've shelled out $ at every turn to get an arena and team, aren't going to fork out the $ to get the best coaches and players possible? Their past success doesn't hold any weight... they won't be under past ownership and have the past players, except for Cousins and Thomas.
Why are you so against having a traditional rival in the PNW? Are you really that threatened by the Sonics? I know they were established before the Blazers and have a Championship, but simmer down a little Jalmond.
As far as having your team taken from you, we have dealt with that ever since the Sonics left. Our owner is from Seattle and sees firsthand the support Portland gives from here towards his Seahawks team. Every offseason, talk emerges that this year is the year that Allen moves the Blazers to Seattle. The NFL and MLB both flourish with the lone NW team being in Seattle and Portland supports both teams. Here in Portland, we take great satisfaction when the Mariners and Seahawks do well. We just wonder why Seattle doesn't do the same with the Blazers . As far as an actual move, we've been told, however, that the lease with the Rose Garden is pretty solid and would take some serious "manunvering" to get out of it. We'll see what happens in 2025, though.
Don't get me wrong, it would be nice to renew the I-5 rivalry with the team in Seattle. However, after listening to all the whining from Seattle and watching them come down to Portland only to cheer against the NBA (and the Thunder), it just seems to me to be pretty hypocritical. They are doing exactly what was done to them.
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Re: The Maloffs selling Kings to Seattle Group
I've heard all that. My question is, if there was an arena deal last year, why was it not acted upon? Up until a few weeks ago, the Maloofs still owned the team and it was still in Sacramento. Everyone may have been "pissed" at the Maloofs, but Arco has been below NBA standards for years, this is not a new thing. If Sacramento had acted on the arena deal last year, I'm thinking this sale does not happen.SDHornet wrote:Sac has a tentative arena deal in place. The tentative being if a NBA team is retained in Sac, the deal will be signed. It was an arena deal that Stern himself brokered with the City and the Maloofs…only to have the Maloofs renig on the deal in the 11th hour which pissed everyone off. This whole saga is far from over. Initially I though the Kings to Seattle was a slam dunk, but KJ has got his ducks in a row and Sac has literally done everything it can to keep the team. It will be a PR nightmare for the NBA if the Kings leave Sac.
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Re: The Maloffs selling Kings to Seattle Group

When new owner Clay Bennett decided to move the Seattle SuperSonics to Oklahoma City after purchasing the team more than four years ago, he left behind the name and the logo for the city to use in case it was ever able to acquire another franchise. Given how well the community supported the organization, it was widely assumed that goodwill gesture would come in handy, but I’m not sure anyone realized how quickly it would come in handy.
http://www.cinemablend.com/pop/Microsof ... 51647.html" onclick="window.open(this.href);return false;
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Re: The Maloffs selling Kings to Seattle Group
Because the Maloofs are dumb asses plain and simple and they don't want to stay in Sac. An arena deal was made with the City on board, Stern on board, and AEG on board...at the last minute the Maloofs weren't on board. The Maloofs scuttled the deal to try and leave town.JALMOND wrote:I've heard all that. My question is, if there was an arena deal last year, why was it not acted upon? Up until a few weeks ago, the Maloofs still owned the team and it was still in Sacramento. Everyone may have been "pissed" at the Maloofs, but Arco has been below NBA standards for years, this is not a new thing. If Sacramento had acted on the arena deal last year, I'm thinking this sale does not happen.SDHornet wrote:Sac has a tentative arena deal in place. The tentative being if a NBA team is retained in Sac, the deal will be signed. It was an arena deal that Stern himself brokered with the City and the Maloofs…only to have the Maloofs renig on the deal in the 11th hour which pissed everyone off. This whole saga is far from over. Initially I though the Kings to Seattle was a slam dunk, but KJ has got his ducks in a row and Sac has literally done everything it can to keep the team. It will be a PR nightmare for the NBA if the Kings leave Sac.
It is my understanding that Arco is privately owned by the Maloofs so all the poor maintenance and upkeep is all on them. The arena deal that was hashed out last year is labeled as a "model deal" i.e. the taxpayers pick up the lions share of the capital costs. A lot of the poor management of the Kings has to do with poor business decisions made by the Maloofs in their other business holdings which has left them with no money to invest into the franchise (pay roll, facilities). As shitty as the team has been the past few years, its amazing the type of support they are getting wrt the fans/investors banding together to try and keep them around.
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Re: The Maloffs selling Kings to Seattle Group
Again, I ask you how the fans have a say in all of this? Of course we would prefer the NBA give us an expansion franchise, but they aren't willing to do that for a quite a while, or so Stern has said. The major difference between the Kings' and Sonics' situations is that the Kings' prospective purchaser isn't beating around the bush and lying to Sac fans: he's made it quite clear that he's looking to buy a franchise and move it to Seattle. Bennett didn't do that. He said he would keep the Sonics in Seattle, only so Schultz would sell to him. Not to mention, at least Stern and the NBA have made a concerted effort to work an arena deal and keep the Kings in Sacramento... which they didn't bother to do with the Sonics in Seattle. While I understand and feel bad that another city is losing its team, I don't feel guilty, because Sacramento and the Kings have been given every opportunity to keep them there, for someone to step up to plate, and no one really has, until now... the final hour.JALMOND wrote:Don't get me wrong, it would be nice to renew the I-5 rivalry with the team in Seattle. However, after listening to all the whining from Seattle and watching them come down to Portland only to cheer against the NBA (and the Thunder), it just seems to me to be pretty hypocritical. They are doing exactly what was done to them.Screamin_Eagle174 wrote:
Would you care about the NBA if the NBA facilitated the relocation of the Blazers at the hands of a new owner who lied about his intentions? Well, you might, but most people stop caring when they no longer have a team to root for, especially if it was taken away from a city as passionate as Seattle in the deceitful way that it was. Give me my team back, and I'll give a **** again. Seattle doesn't give a **** about the NBA because their team was taken from them, but they do care a whole **** ton about getting the Sonics back.
And you really think that an ownership group as financially stacked as Ballmer/Nordstrom/Hansen, who've shelled out $ at every turn to get an arena and team, aren't going to fork out the $ to get the best coaches and players possible? Their past success doesn't hold any weight... they won't be under past ownership and have the past players, except for Cousins and Thomas.
Why are you so against having a traditional rival in the PNW? Are you really that threatened by the Sonics? I know they were established before the Blazers and have a Championship, but simmer down a little Jalmond.
I'm sure that if the situation that happened in Seattle instead happened to the Blazers, you'd have a different take on this.
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Re: The Maloffs selling Kings to Seattle Group
Billionaire supermarket mogul Ron Burkle (sp?) stepped up to buy them and keep them in Sac last year...only to have the Maloofs rebuff him. I think spite was a large driver in who the Maloofs decided to sell the team to.Screamin_Eagle174 wrote:Again, I ask you how the fans have a say in all of this? Of course we would prefer the NBA give us an expansion franchise, but they aren't willing to do that for a quite a while, or so Stern has said. The major difference between the Kings' and Sonics' situations is that the Kings' prospective purchaser isn't beating around the bush and lying to Sac fans: he's made it quite clear that he's looking to buy a franchise and move it to Seattle. Bennett didn't do that. He said he would keep the Sonics in Seattle, only so Schultz would sell to him. Not to mention, at least Stern and the NBA have made a concerted effort to work an arena deal and keep the Kings in Sacramento... which they didn't bother to do with the Sonics in Seattle. While I understand and feel bad that another city is losing its team, I don't feel guilty, because Sacramento and the Kings have been given every opportunity to keep them there, for someone to step up to plate, and no one really has, until now... the final hour.JALMOND wrote:
Don't get me wrong, it would be nice to renew the I-5 rivalry with the team in Seattle. However, after listening to all the whining from Seattle and watching them come down to Portland only to cheer against the NBA (and the Thunder), it just seems to me to be pretty hypocritical. They are doing exactly what was done to them.
I'm sure that if the situation that happened in Seattle instead happened to the Blazers, you'd have a different take on this.
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Re: The Maloffs selling Kings to Seattle Group
NBA relocation committee call reveals 'deal points'
of Kings' proposed sale to Seattle group

The NBA held a conference call with members of the league's relocation committee to outline deal points on the proposed sale of majority ownership of the Sacramento Kings to a Seattle-based ownership group, league sources told Yahoo! Sports.
The call detailed what NBA officials described as "a non-binding set of deal points" on a $525 million sale of majority ownership to the Chris Hansen-Steve Ballmer group, sources said.
The Kings have yet to file for relocation to Seattle, but will do so before the March 1 deadline to ensure that the franchise can play the 2013-14 season in Seattle's KeyArena, sources said. The Seattle group plans to use KeyArena for two seasons until the completion of a new Seattle arena could be completed.
The city of Seattle and King County has a deal with Hansen to construct a new arena once the investment group secures an NBA team. Plans to build a $500 million arena were approved by the local officials in October. The group also will change the team's name back to the Sonics. Seattle lost the Sonics when Bennett moved them to Oklahoma City in 2008.
http://sports.yahoo.com/news/nba--nba-r ... 16508.html" onclick="window.open(this.href);return false;
of Kings' proposed sale to Seattle group
The NBA held a conference call with members of the league's relocation committee to outline deal points on the proposed sale of majority ownership of the Sacramento Kings to a Seattle-based ownership group, league sources told Yahoo! Sports.
The call detailed what NBA officials described as "a non-binding set of deal points" on a $525 million sale of majority ownership to the Chris Hansen-Steve Ballmer group, sources said.
The Kings have yet to file for relocation to Seattle, but will do so before the March 1 deadline to ensure that the franchise can play the 2013-14 season in Seattle's KeyArena, sources said. The Seattle group plans to use KeyArena for two seasons until the completion of a new Seattle arena could be completed.
The city of Seattle and King County has a deal with Hansen to construct a new arena once the investment group secures an NBA team. Plans to build a $500 million arena were approved by the local officials in October. The group also will change the team's name back to the Sonics. Seattle lost the Sonics when Bennett moved them to Oklahoma City in 2008.
http://sports.yahoo.com/news/nba--nba-r ... 16508.html" onclick="window.open(this.href);return false;
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Re: The Maloffs selling Kings to Seattle Group
Just got done watching Stern's press conference at the All Star festivities in Houston. Both Seattle and Sacramento media were represented pretty well, however I felt Stern was evasive in providing any clear cut answers. He did reinterate that the offer is in from the Seattle group and it is a strong offer, but that KJ's group in Sacramento has said they will have an equally impressive counter-offer by March 1. Stern will not offer any thought as to which side had an edge. He did say that he did not see any solution that would make both Seattle and Sacramento happy. If Sacramento does provide a counter offer, the NBA owners will vote April 18 and go from there.
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Re: The Maloffs selling Kings to Seattle Group
The pro-Sac group put in a counter offer to the NBA yesterday. The bid is lead by Burkle and Mastrov. Part of the bid/plan to keep the Kings in Sac includes a deal/plan to build a downtown arena at the Downtown Plaza (a mall). The city cleared an approval through city council this past Tuesday to negotiate with the Burkle group regarding an arena term sheet. This term sheet is suppose to get negotiated and agreed upon to be approved at an early April city council meeting.
http://sports.yahoo.com/news/nba-receiv ... --nba.htmlThe NBA received an official offer Friday from 24 Hour Fitness founder Mark Mastrov and billionaire Ron Burkle to buy the Sacramento Kings and keep the team from moving to Seattle, league spokesman Tim Frank said. No financial details of the proposal have been released.
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Re: The Maloffs selling Kings to Seattle Group
The Sacramento offer is "a bit" lower than the Seattle offer, but it did make KJ's deadline of March 1. The NBA owners will vote on both proposals on April 18. The Seattle group did clear one hurdle as a court judge threw out the longshoreman union's lawsuit against the proposed new arena there. There is still one more significant lawsuit left as well as an environmental study that needs to be done before Seattle gets the all-clear on their arena deal, and from what I'm hearing, that won't get started until Seattle is 100% certain they are getting the Kings. I don't think there are any hangups on Sacramento's new arena deal. The arena deals may be what makes it as both Key Arena and Arco are woefully below NBA standards.SDHornet wrote:The pro-Sac group put in a counter offer to the NBA yesterday. The bid is lead by Burkle and Mastrov. Part of the bid/plan to keep the Kings in Sac includes a deal/plan to build a downtown arena at the Downtown Plaza (a mall). The city cleared an approval through city council this past Tuesday to negotiate with the Burkle group regarding an arena term sheet. This term sheet is suppose to get negotiated and agreed upon to be approved at an early April city council meeting.
http://sports.yahoo.com/news/nba-receiv ... --nba.htmlThe NBA received an official offer Friday from 24 Hour Fitness founder Mark Mastrov and billionaire Ron Burkle to buy the Sacramento Kings and keep the team from moving to Seattle, league spokesman Tim Frank said. No financial details of the proposal have been released.
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Re: The Maloffs selling Kings to Seattle Group
Um...I don't believe any NBA team plays in a place called Arco Arena.
If you're thinking of where the Kings play, that's called Sleep Train Arena....
If you're thinking of where the Kings play, that's called Sleep Train Arena....
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Re: The Maloffs selling Kings to Seattle Group
For someone who has, on multiple occasions, stated that you refused to call teams/things by anything other than their original name you sure are being a dipshit about the name of the arena.SuperHornet wrote:Um...I don't believe any NBA team plays in a place called Arco Arena.
If you're thinking of where the Kings play, that's called Sleep Train Arena....
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Re: The Maloffs selling Kings to Seattle Group
Duh.clenz wrote:For someone who has, on multiple occasions, stated that you refused to call teams/things by anything other than their original name you sure are being a dipshit about the name of the arena.SuperHornet wrote:Um...I don't believe any NBA team plays in a place called Arco Arena.
If you're thinking of where the Kings play, that's called Sleep Train Arena....
I'm hoping that whatever our new place is called, it's not a "naming rights" sale, and that it stays that way forever. Kings Fieldhouse sounds pretty good to me....

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Re: The Maloffs selling Kings to Seattle Group
That makes them zero dollars....SuperHornet wrote:Duh.clenz wrote: For someone who has, on multiple occasions, stated that you refused to call teams/things by anything other than their original name you sure are being a dipshit about the name of the arena.
I'm hoping that whatever our new place is called, it's not a "naming rights" sale, and that it stays that way forever. Kings Fieldhouse sounds pretty good to me....
Also a terrible name for an arena.
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- SuperHornet

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- Joined: Fri Jul 13, 2007 7:24 pm
- I am a fan of: Sac State
- Location: Twentynine Palms, CA
Re: The Maloffs selling Kings to Seattle Group
I never claimed to be original, clenz.
And, yes, I recognize that they probably won't go with my route. Hardly anybody does anymore. Anything to make a buck. I guess it's Thurston Howell III's theory of money in practice: The only reason for the existence of a dollar is to make another one. I don't necessarily subscribe to that theory, of course....
And, yes, I recognize that they probably won't go with my route. Hardly anybody does anymore. Anything to make a buck. I guess it's Thurston Howell III's theory of money in practice: The only reason for the existence of a dollar is to make another one. I don't necessarily subscribe to that theory, of course....

SuperHornet's Athletics Hall of Fame includes Jacksonville State kicker Ashley Martin, the first girl to score in a Division I football game. She kicked 3 PATs in a 2001 game for J-State.
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JALMOND
- Level4

- Posts: 5468
- Joined: Tue May 05, 2009 11:04 pm
- I am a fan of: Portland State
- A.K.A.: JALMOND
Re: The Maloffs selling Kings to Seattle Group
I'm showing my age, I know. I don't think its called "Key Arena" anymore either.SuperHornet wrote:Um...I don't believe any NBA team plays in a place called Arco Arena.
If you're thinking of where the Kings play, that's called Sleep Train Arena....
- Spoiler: show
The way the Kings have been playing, Sleep Train is probably the best name for the arena.
- SDHornet
- Supporter

- Posts: 19511
- Joined: Tue Mar 31, 2009 12:50 pm
- I am a fan of: Sacramento State Hornets
Re: The Maloffs selling Kings to Seattle Group
Don't feel bad, Arco/Power Balance/Sleep Train Arena changes its name every couple of months.JALMOND wrote:I'm showing my age, I know. I don't think its called "Key Arena" anymore either.SuperHornet wrote:Um...I don't believe any NBA team plays in a place called Arco Arena.
If you're thinking of where the Kings play, that's called Sleep Train Arena....
- Spoiler: show
The way the Kings have been playing, Sleep Train is probably the best name for the arena.
- SDHornet
- Supporter

- Posts: 19511
- Joined: Tue Mar 31, 2009 12:50 pm
- I am a fan of: Sacramento State Hornets
Re: The Maloffs selling Kings to Seattle Group
The NBA is in a pickle with this sale. If they allow it, it tells every midsized/small market NBA city out there that they can do everything, get an arena deal done, publicly finance it and still lose their team to the whims of the outgoing owners. However on the other end by the NBA disallowing the sale it tells owners that the NBA can dictate who they can/cab't sell their team to. Sac/KJ has done all he can to keep the team in Sac. This decision is going to be interesting. Depending how the next few weeks go leading up to the BOG vote, at best I give Sac a 50-50 chance.JALMOND wrote:The Sacramento offer is "a bit" lower than the Seattle offer, but it did make KJ's deadline of March 1. The NBA owners will vote on both proposals on April 18. The Seattle group did clear one hurdle as a court judge threw out the longshoreman union's lawsuit against the proposed new arena there. There is still one more significant lawsuit left as well as an environmental study that needs to be done before Seattle gets the all-clear on their arena deal, and from what I'm hearing, that won't get started until Seattle is 100% certain they are getting the Kings. I don't think there are any hangups on Sacramento's new arena deal. The arena deals may be what makes it as both Key Arena and Arco are woefully below NBA standards.SDHornet wrote:The pro-Sac group put in a counter offer to the NBA yesterday. The bid is lead by Burkle and Mastrov. Part of the bid/plan to keep the Kings in Sac includes a deal/plan to build a downtown arena at the Downtown Plaza (a mall). The city cleared an approval through city council this past Tuesday to negotiate with the Burkle group regarding an arena term sheet. This term sheet is suppose to get negotiated and agreed upon to be approved at an early April city council meeting.
http://sports.yahoo.com/news/nba-receiv ... --nba.html
