After weeks of behind the scenes work, Mayor Kevin Johnson is expected to reveal the highly speculated names of the deep-pocket investors he’s lined up to bid on the Sacramento Kings, according to Sacramento’s CBS 13.
According to a report from The Sacramento Bee, the trustee overseeing the bankruptcy auction of a seven percent stake in the Sacramento Kings might make the sale happen sooner than anticipated.
According to CBS Sacramento, the NBA-endorsed arena financing plan the Maloofs walked away from last year is getting a new look with a new location, and possibly new landlords.
A Washington state judge rejected a union lawsuit Friday which aimed to block a deal for new Seattle basketball arena.
Efforts to build a new professional basketball arena in Seattle face a hurdle Friday as a judge hears arguments in a lawsuit to slow or stop the deal.
The Sacramento City Council voted 7-2 Tuesday in favor of the symbolic resolution in support of keeping the Kings in Sacramento and building a new downtown arena.
NBA Commissioner David Stern expects a concrete financing plan from Sacramento Mayor Kevin Johnson within the next two weeks, with the aim of settling the Kings’ future by mid-April.
Sacramento Mayor Kevin Johnson said Tuesday that the joint committee that will decide whether the Kings leave might want to discuss his city’s proposal before the NBA Board of Governors meeting April 19. Owners can vote on the pending sale and relocation of the Kings at any time, but the annual meeting in New York is typically when decisions about moving a franchise are made.
NBA Commissioner David Stern says the group that has reached agreement to purchase the Sacramento Kings has formally filed to relocate the franchise to Seattle.
You’ll most definitely get goosebumps after listening to the audio trailer of 1090 The Fan’s debut movie entitled Kings Court. The all-star cast features Morgan Freeman, Seth McFarlane and more.