Sacramento Mayor Kevin Johnson says that the city has come to a preliminary agreement with Burkle-Mastrov-Ranadive group on a public-private partnership to build a new downtown arena in hopes of keeping the Sacramento Kings in Northern California, as announced on his Twitter account. Costing about $448 million, the new arena would be located at the Downtown Plaza location. The City ... Read More »
According to anonymous sources to USA TODAY Sports, Los Angeles-based billionaire Ron Burkle met with NBA Commissioner David Stern on Thursday in New York City to discuss his interest in buying the Sacramento Kings. In Sacramento the day before the meeting, Burkle met with Stern for about two hours and is hoping to surpass the agreement between the Maloof family ... Read More »
Sacramento Mayor Kevin Johnson vowed to do everything in his power to keep the Sacramento Kings in California’s capital city, and now, it appears he is making good on that promise. On Tuesday, Johnson made an announcement via Twitter that there would be major news out of city hall, and Ryan Lillis of the Sacramento Bee reports that a potential ... Read More »
The Sacramento Kings may not be heading to Seattle after all. According to reports on Friday, a group of investors from the Bay Area headed by Mark Mastrov, founder of the 24 Hour Fitness chain, are now a part of the bidding war for the Northern California team. According to Mastrov in comments to The Sacramento Bee, his group wants ... Read More »
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