Mayor Kevin Johnson
With NBA owners debating whether to approve the franchise’s sale and relocation to Seattle, the ever-faithful fans of the Sacramento Kings pushed the uncertainty aside and rallied during a 112-108 loss in the regular-season finale against the Los Angeles Clippers.
KING 5’s Chris Daniels reports NBA Commissioner David Stern has been quietly maneuvering behind the scenes to propel a Sacramento counter bid to Seattle’s offer to the Sacramento King’s owners.
Sacramento Mayor Kevin Johnson has announced a new investor to help fill the role vacated by billionaire Ron Burkle in the city’s bid to keep the Kings from moving to Seattle.
The moment will be seared into the minds of long-suffering Sacramento Kings fans forever. Sacramento Mayor Kevin Johnson and Kings owners Joe and Gavin Maloof standing together at center court, holding hands and raising their arms in triumph after both sides agreed to an arena financing plan to keep the NBA team in town for at least another 30 years.
With the clock clicking down, Sacramento city officials took their last shot at keeping the NBA Kings in California’s capital by approving a public-private deal to build a new 18,500-seat arena and retail center downtown.
Mayor Kevin Johnson may be the face of the effort to save the Kings, but Sacramento’s city manager is the man in charge of putting the dollars together for any arena deal. John Shirey is now pushing up the timetable to get an arena deal done to March 23.
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 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.
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.