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[niketalker23]

Whats the deal with the new stadium? when will it be done? downtown? any pics yet?

 

[Deleted member 38182]

this is Carmichael Dave so take it with a douse of salt..... but the key message is that we are not sitting on our hands and aren't just all talk but instead taking the steps to moving forward and getting this thing over with.

The last tweet is reassuring, since the NBA has had a hand in Sacramento since late 09-early 10 when the Cal Expo land swap proposal started, thru the first arena deal, and now in keeping the Kings in Sacramento... glad to see they are seeing this thru.

I do love the tweet about minority owners getting congratulations from other non-committee owners 

There is not a SHRED of worry or concern, not even a raised eyebrow. The process is coming to a close,and will finalize in the next 2+ weeks
— Carmichael Dave (@CarmichaelDave) May 2, 2013

When asked of Hansen machinations or Maloof issues, I am continually told (with a smile) that they are continuing to follow the NBA process.
— Carmichael Dave (@CarmichaelDave) May 2, 2013

Things behind the scenes are entirely positive on the Sacramento side. Monies are being wired, documents signed and put in place.
— Carmichael Dave (@CarmichaelDave) May 2, 2013

Minority owners of the Kings have received congratulatory communications from current NBA owners, many NOT on either committee.
— Carmichael Dave (@CarmichaelDave) May 2, 2013

The NBA will facilitate the transaction between sac owners and Maloofs,much the same way the arena deal was negotiated.They will get a check
— Carmichael Dave (@CarmichaelDave) May 2, 2013

 

[Deleted member 38182]

damn good read right here, great perspective and objectiveness IMO...... good to hear there is voice of reason up there in Seattle.

Pardon the crappy formatting, not sure what happened
[h1] [/h1]

[h1]Kings' ransom: Sacramento pays, its team should stay[/h1]
By Danny O'Neil

It's not about you, Seattle.

Everyone needs to be reminded of this after Monday's gut-punch of an announcement that the NBA will not be returning to the city this year. Not after the NBA's relocation committee voted unanimously against allowing the Kings franchise to move to Seattle.

And you know what? The relocation committee is right. That franchise shouldn't move to Seattle.

That has nothing to do with Seattle's investment group, its arena plan nor its fans. This is about Sacramento, its mayor Kevin Johnson and the fact he used everything but a sledgehammer to ram through an arena plan at great public cost and then wrangle together enough millionaires to put together a comparable bid for the team.

This was never a heads-up comparison between two cities to determine which was the better spot for a team specifically and the league in general. This was about whether Sacramento would offer the necessary ante to keep the team, and Hansen's purchase was the edge of the knife being held to that city's throat to see if it would fund a new arena and find a new owner who wanted to keep the team in town.

The city of Sacramento met the ransom so the city of Sacramento gets to keep the team. That's how franchise politics works in the NBA, and anyone who thinks it should be different in this case is operating out of the misguided notion that Seattle is owed some sort of special poaching license because it lost the Sonics in 2008.

Seattle doesn't deserve another city's franchise just because of the way its former franchise was wrangled into Oklahoma, and Seattle doesn't deserve another city's franchise because its prospective ownership group has more money or because of the size of its TV market.

It's not about you, Seattle.

The league's relocation committee didn't screw Seattle by recommending against the move; it declined to screw Sacramento, and there is an important difference.

Seattle and its fans have every right to feel used in this process. They were the leverage used to spur Sacramento's urgency to put a deal together. It's OK for Seattle to be resentful, even, that commissioner David Stern was an advocate for Sacramento in a way that he never was for Seattle after Clay Bennett purchased the team from Howard Schultz.

But Seattle was not wronged in this situation. It wasn't victimized, and as admirable and steadfast as Chris Hansen has been in navigating both the political and economic obstacles – first in developing an arena plan and then negotiating a deal to buy the Kings from the Maloofs – it will be very interesting to see what he does next.

On Monday night, he published a statement on SonicsArena.com in which he stated that not only did the group still have an agreement to purchase the franchise from the Maloofs, but that the group intended to see that transaction through. In fact, he used the word transaction three times to emphasize that he saw this as a business deal that was still in place.

Good for him. He shouldn't give up the only leverage that Seattle has left in the situation, the only card he can play to get the NBA to provide a path to a franchise that will come to Seattle. But there's also the distinct possibility given the fight to buy the team and move it to Seattle isn't over. In fact, Hansen said as much in his statement:

"We plan to unequivocally state our case for both relocation and our plan to move forward with the transaction to the league and owners at the upcoming Board of Governor's Meeting in Mid-May." –Chris Hansen, April 29, SonicsArena.com

Over the past three years, Hansen has shown just how capable and effective he would be as the owner of an NBA team in Seattle. The past two months, however, have shown pretty clearly that it shouldn't be the Kings franchise that he gets to own in Seattle.

 

[lightweight champion]

Great read from someone who understands the situation. These two sentences describe everything we understood and everything they ignored and disregarded.

The city of Sacramento met the ransom so the city of Sacramento gets to keep the team. That's how franchise politics works in the NBA, and anyone who thinks it should be different in this case is operating out of the misguided notion that Seattle is owed some sort of special poaching license because it lost the Sonics in 2008.

 

[Deleted member 38182]

Hopefully he doesn't get death threats from this

I don't even agree with a few points, like Seattle being the one to give Sacramento a sense of urgency.... When we had been assured that they didn't want to sell, aren't looking to move the team, and have said they are committed to the city numerous of times....

But I digress. Overall a well written piece on the situation

 

[mister916]

Now if everyone else could get that through their heads.

 

[Deleted member 38182]

I'm on my phone so can't post tweets but NBA officials with ownership elect touring arco arena

 

[eracism]

"And over here we have the VIP suite...."

"Uh, no, sir, that's a vacant popcorn stand."

"Oh, well, moving along on our tour then..." *floors creak as they walk*

 

[Deleted member 38182]

"And over here we have the VIP suite...."

"Uh, no, sir, that's a vacant popcorn stand."

"Oh, well, moving along on our tour then..." *floors creak as they walk*

 

I'm sure we can assume that the NBA and the ownership group were checking out Arco just to make sure its not a complete dump and is still usable and to see if anything needs to be added or fixed, etc

they also checked out the downtown site 

 

[lightweight champion]

I've taken the Arco Arena tour before, I guess it's customary when they try to sell full, half, or quarter season tickets. There is absolutely nothing there that would intrigue me. That long tunnel leading to nowhere is kinda creepy though.

 

[Deleted member 38182]

the tour sucks.

I don't know if Carmichael Dave meant they actually took that tour or went and just basically inspect the current Maloof condition of Arco Arena.

 

[Deleted member 38182]

OAKLAND - Warriors President and CEO Rick Welts, who commutes to Sacramento where he lives with his partner, Todd Gage, and Gage's two children, said he was "thrilled" by the relocation committee's unanimous vote rejecting the Kings' move to Seattle. Welts suggested, however, that Santiago, 8, and Amanda, 12, were even more excited by the 7-0 outcome. "I'm not sure they're ready to dump their Warriors gear for Kings gear," Welts added laughing, before Game Six of the Golden State-Denver series, "but they probably do that when I'm not around anyway." A few minutes prior to tipoff, Nuggets coach George Karl, though a former coach and longtime fan of the city of Seattle, pulled me aside in the hallway. "I was really happy for the fans back in Sac," he said. "They deserve to keep their team." 

 

[lightweight champion]

I didn't know Welts lives in Sacramento. Making that commute is :x

Nice to know we have that much more support

 

[crcballer55]

I didn't know Welts lives in Sacramento. Making that commute is

Nice to know we have that much more support

Could be like Kobe and takes a helicopter to the arena. There's nothing outside of the foothills that I can see a Warriors executive living in, unless it's that 10,000sq.ft. house that was built next to my childhood home next to Cosumnes. WAY overbuilt for the neighborhood.

 

[lightweight champion]

This is the type of self-absorbed, self-entitled mindset reporting that's causing Sonics fans to think they're getting jobbed again. S***** S***** reporting at it's worst.

On Monday, seven members of the league’s relocation committee voted unanimously to reject the Kings’ move to Seattle. Three of those seven (Herb Simon, Pacers; Peter Holt, San Antonio and Micky Arison, Miami) also were part of the unanimous seven who allowed relocation of the Sonics to Oklahoma City in 2008.
Hypocrites.
Since he helped rip the Sonics from Seattle, Stern has stepped up in a conspicuously opposite degree to save New Orleans and Sacramento from having their teams moved. The theory is he learned that uprooting well-supported franchises was bad PR after what happened in Seattle.
So the best way to keep it from happening to Sacramento was to tilt the playing field so Seattle gets shafted a second time. That’s called irony in the rest of the country; something else entirely in Seattle.

http://www.thenewstribune.com/2013/...rdles-nbas-rampant.html#.UYLkIHNYQ9I.facebook

 

[Deleted member 38182]

I didn't know Welts lives in Sacramento. Making that commute is

Nice to know we have that much more support

Could be like Kobe and takes a helicopter to the arena. There's nothing outside of the foothills that I can see a Warriors executive living in, unless it's that 10,000sq.ft. house that was built next to my childhood home next to Cosumnes. WAY overbuilt for the neighborhood.

wasn't he born and raised in Seattle? 

and wasn't he the first gay sports exec to come out? 

either way dude is dope 

I wonder why he chose to live in Sacramento>Bay area?

 

[Deleted member 38182]

Too much talk, not enough doing 

Source says @vivek & partners put 50% of #NBAKings purchase price in escrow today, as expected.
— Dale Kasler (@dakasler) May 3, 2013

according to Carmichael Dave, most of the 50% was already in escrow on Tuesday.

 

[crcballer55]

This is the type of self-absorbed, self-entitled mindset reporting that's causing Sonics fans to think they're getting jobbed again. S***** S***** reporting at it's worst.

On Monday, seven members of the league’s relocation committee voted unanimously to reject the Kings’ move to Seattle. Three of those seven (Herb Simon, Pacers; Peter Holt, San Antonio and Micky Arison, Miami) also were part of the unanimous seven who allowed relocation of the Sonics to Oklahoma City in 2008.
Hypocrites.
Since he helped rip the Sonics from Seattle, Stern has stepped up in a conspicuously opposite degree to save New Orleans and Sacramento from having their teams moved. The theory is he learned that uprooting well-supported franchises was bad PR after what happened in Seattle.
So the best way to keep it from happening to Sacramento was to tilt the playing field so Seattle gets shafted a second time. That’s called irony in the rest of the country; something else entirely in Seattle.

http://www.thenewstribune.com/2013/...rdles-nbas-rampant.html#.UYLkIHNYQ9I.facebook

I'll say it again... the Seattle situation was VERY unfortunate. And unfortunately, it was the last franchise that moved before the NBA appeared to switch its stance on relocation because of the way it happened, as a result, they may have to wait much longer to get a team if the rumors that the NBA isn't expanding are true due to over-expansion in the last 15 years.

 

[Deleted member 38182]

Phewwwwww I was so worried........

I've been told that SAC arena opposition attorney Soluari has been given the info he is suing for, which should resolve his legal claim.
— Aaron Bruski (@aaronbruski) May 4, 2013

Attys Soluri & Anderson are being cited by some media as relevant figures in the Kings arena story, something league sources have rejected
— Aaron Bruski (@aaronbruski) May 4, 2013

Sources say the duo has questionable means even if they had a legal claim, but they lack basis to force a referendum on SAC's arena proposal
— Aaron Bruski (@aaronbruski) May 4, 2013

 

[tyrekeevans]

^ so where did this Coalition for Responsible Arena Development come from? people with their backwards thinking

 

[Deleted member 38182]

^ so where did this Coalition for Responsible Arena Development come from? people with their backwards thinking

They are supposedly the same PORK ppl who had that huge fundraiser last year where over 12 people showed up to some BBQ 

But naw, these two attorneys are apparently taking up their fight..... I've read they have ties to Seattle, but I'm not gonna put on a tinfoil hat about this. Hansen and his crew have bigger fish to fry than to worry about any other city besides their own.

 

[dmbrhs]

^ so where did this Coalition for Responsible Arena Development come from? people with their backwards thinking

Sounds like the Citizens for More Important Things in Seattle (I'm not kidding, that's what it's called). It was actually formed back in the mid-90s by Nick Licata (the anti-arena, anti-sports council member), and they literally don't do anything but cry when someone even hints at building anything related to sports. I-91? That's all them. They drafted the legislation and ran a scare campaign that essentially convinced people that jack-booted thugs were going to come around and steal peoples' tax dollars to build an arena.

 

[Deleted member 38182]

But they actually accomplished something in passing I-91??

Luckily Sacramento has never really had a tea party-esque group that has risen to anything of worth for their cause against an arena.... Because we've always had the Maloofs

Looking back at how they started sandbagged the initial rail yard project in 2006 to how the deal broke apart in 2012 is awe inspiring like there honestly needs to be a study done on this family and how to be idiots with an inherited fortune.

 

[dmbrhs]

It's not even worth getting into anymore. Howard Schultz had seen two stadiums built across the street from his office, and wanted some help. Everyone was pretty much "done" with building stadiums by that point. I-91 was meant to prevent what had happened the previous two times (even though Safeco was paid off five years early), and I-91 basically threatened everyone that there would be another stadium built, and (like I said) jack booted thugs would be collecting taxes like the Sheriff of Nottingham.

The great thing is, it was such a flimsy, in-the-moment piece of legislation (the requirements of which are vastly less stringent than 2006, when it passed), that Hansen constructed a perfect work-around. Any challenges will get tossed out.

 

[lightweight champion]

The investors trying to keep the Kings in Sacramento made key concessions to the NBA, including a promise to limit the amount of league revenue sharing they would accept, according to a published report.

The concessions were made shortly before the NBA's relocation committee voted last Monday to recommend the team stay put instead of moving to Seattle, according to the report in SportsBusiness Journal.

Quoting an anonymous source, the magazine said the group led by Vivek Ranadive agreed to accept fewer revenue-sharing dollars while the team was still playing at Sleep Train Arena. Once the team moves into the proposed downtown arena, the Kings would take no money at all.

The NBA created a new revenue-sharing structure last season in which wealthier franchises direct more of their profits to the struggling franchises. The magazine said the Kings, who had the league's worst attendance in the just-concluded regular season, would expect to collect about $18 million a year under the new arrangement.

The concession could have been key in the relocation committee's vote. Seattle investors Chris Hansen and Steve Ballmer have been touting their city as the more lucrative market - and have been portraying Sacramento as a drain on the NBA's profit-making teams.

The magazine also said the Ranadive group agreed to pay for "a significant amount of any cost overruns" in the construction of the new $448 million arena. But according to the term sheet tentatively approved by the City Council in March, the investors agreed to cover all of the overruns.

The NBA declined comment on the report, and a spokesman for the Ranadive group couldn't be reached comment.

The NBA Board of Governors will meet May 15 to decide the Kings' fate. The meeting will be held in Dallas.

Call The Bee's Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.