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February 2007 Bennett, knowing the state previously approved $340M and $430M for MLB and NFL respectively, goes before the State legislature asking for a public subsidy of $400M to help build a $500M arena in Renton, 25 miles SE of Seattle. It is unclear if he will cover the other $100M of the $500M. He gets nowhere with the Legislature.
 
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 chill out, both of you guys. Sheesh 
 
Doesn't carry a whole lot of weight when he's building by far the most expensive arena in the history of the NBA (at the time), and asking for $400 million of public money. He never intended to spend a dime on a new arena, so he just tossed out figures to make it look like he was trying. We all knew his real intentions.
But it's a starting point. You have to at least come to the table to start a negotiation. This way, an arena deal is at its beginning stages. You would at least have the political backing along with the fan support to, per NBA Constitution, block relocation.
 
I'm the idiot, yet you didn't even watch Sonicsgate? That's the visual Bible of the entire scandal!
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Actually I have seen it. I was being sarcastic which I'm sure everyone got except you
The vibe I got from watching it was that the initial blame of why the Sonics left was on the local government. And then Bennett capitalized on the city dropping the ball.

Or am I just completely again based on what I watched and because I'm not from Seattle?
 
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Well I'm not 100% sure if that's true but if that's the case it would only go down if we don't retain Tyreke.
 
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You should grab a jersey while they still have this deal! All 3 jerseys are at that price

Its available at the team store and on it's website 
 
Damn that's a deal, man. Probably not the best idea for me to pull the trigger, economically, but I'm really considering coppin a Pizza Guy jersey.
 
Because the NBA won't allow the maloofs to sell to a group seeking relocation
 
^^^But then cant they sue? I mean I am a HUGE Kings fan and I just wanna play devils advocate now. If I am the Maloofs, I would be pretty pissed if the NBA does not let me have 75 million more dollars. Thats almost 20 more percent of what I am getting now. 
 
So why wouldn't the Maloofs sell to the highest bidder again?

Let's think of this in relational terms. If someone has been faithful to you for the past 14 years, stayed with you through thick and thin, offered to build you a new home, and even offered to put up most of their money despite your repeated attempts to cheat on you, would it be right for them to then leave you because someone is offering them more money? Would it be right for them to take all of the possessions that you two have joined together for that time?

When is enough, enough? Even if they are getting more money, the family has repeatedly shown that they are neglegent with any and all business ventures they come into contact with. I am convinced that no matter how much they make off of this transaction, it will all be gone within 15 years. There is not one business that was inherited from their father that is still in their possession or existence. I understand that Hansen & Balmer are extremely motivated to get a team, but if this new deal goes through, it will be a terrible precident to continue for tthe NBA from a loyalty standpoint. What's the point in a city doing anything for the league if an ownership group can just pick up and leave whenever they want. If that is the case, no city in their right mind will be willing to put up taxpayer money for an arena.
 
Chris Daniels ‏@ChrisDaniels5 37m
Source tells me that Maloof family have unequivocally, three times, told NBA they will NOT accept back-up bid from Ranadive group. #NBAKings

The Whales should take the high road....
 
Chris Daniels ‏@ChrisDaniels5 37m
Source tells me that Maloof family have unequivocally, three times, told NBA they will NOT accept back-up bid from Ranadive group. #NBAKings
The Whales should take the high road....
is this a play off the statements towards Hansen? or a rejection of the Maloof's actions during this situation?
 
what started this bad blood between the maloofs and Sacramento?
maloofs acting life the whole city banged every woman they cared about
 
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