- Mar 15, 2004
- 4,769
- 11
The Kings need to stay in Sacramento.
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Originally Posted by rck2sactown
Originally Posted by JumpmanFromDaBay
Well if it isn't capt. ObviousOriginally Posted by westcoastsfinest
The state of Washington would rather have the Thunder back than have the Kings.
Can't wait to cheer on the Seattle SuperKings SuperHornetsOriginally Posted by 651akathePaul
Well, when the Kings have a deal finalized then I'll swap them with the Hornets. Just consider this the NHL/NBA in Seattle movement thread.
And Retro...I do not understand the correlation you bring up with Seattle not building an arena because Sac won't.
https://twitter.com/#!/ArenaSolution
https://twitter.com/#!/ArenaSolutionArenaSolution.org@ArenaSolution
"The big buzz words I'm hearing out of city hall are the largest sports complex in the United States."
Retweeted by Sonicsgate
https://twitter.com/#!/SonicsgateOriginally Posted by dakid23
https://twitter.com/#!/ArenaSolutionhttps://twitter.com/#!/ArenaSolution
https://twitter.com/#!/ArenaSolutionArenaSolution.org@ArenaSolution
"The big buzz words I'm hearing out of city hall are the largest sports complex in the United States."
Retweeted by Sonicsgate
Originally Posted by 651akathePaul
https://twitter.com/#!/SonicsgateOriginally Posted by dakid23
https://twitter.com/#!/ArenaSolutionhttps://twitter.com/#!/ArenaSolution
https://twitter.com/#!/ArenaSolutionArenaSolution.org@ArenaSolution
"The big buzz words I'm hearing out of city hall are the largest sports complex in the United States."
Retweeted by Sonicsgate
That's what I'm saying. It could definitely be a NW version of LA Live, but with THREE stadiums and sports year-round.Originally Posted by dakid23
Originally Posted by 651akathePaul
For who? Sacramento or Seattle?
SeattleLA live type of thing. With the viaduct gone possibilities are endless.
Kind of like how OKC fans think they have a grasp on how things went down in Seattle. People get fed watered down versions of what's going on, but these situations are very complicated.Originally Posted by NikeTalker23
Its funny how outsiders who haven't been following the whole arena situation since the beginning act like they've been following it closely because of one article they read.
Originally Posted by 651akathePaul
What's this I hear about KJ was set to unveil the architecture of the new arena, only to take it away while the curtain was still draped over?
Same guy that was reporting from Sac was saying they're essentially getting 200 million up front from those companies, but that the Kings would end up paying back 500 million back to those companies in the long long run. Of course, this is the jist of what I heard because they got a lot more technical, but all I heard was 200 mil upfront to keep the Kings, but 500 owed after the fact, which makes it worthwhile for the businesses.Originally Posted by NikeTalker23
Originally Posted by 651akathePaul
What's this I hear about KJ was set to unveil the architecture of the new arena, only to take it away while the curtain was still draped over?
The design wasn't quite right, so it will be unveiled soon.
This is how the funding thing is turning out. The arena is designed, the studies have been done, the land is ready. The only question is funding. The biggest chunk of the financing is going to come from privatizing city parking. Twenty companies nationwide have already expressed interest. That will contribute about 200 millions up front, which is about half of the financing. Other funding is going to come from NBA/Maloofs. The NBA in the offseason said they would be open to it, and that they do expect the Maloofs to put up money. The city is asking a total of 80 millions from both. AEG has also expressed interest into being an equity investor and managing an arena. There is also going to be a hotel tax that is going to be placed on downtown hotels. Also, include naming rights.
The best part about all of this is that nothing is going to be put on a ballot so no public vote is needed.
He's pulling facts out his @+% because NOTHING even close to that has been reported in Sacramento, and trust me when I say there are MANY journalists who REFUSE to see ANY money being used on the Kings. If that were true, it would be all over the place. And why would we have to pay those companies any money back? They're paying to privately run out city parking and keep all the profits. There is no paying back of anything because it's not a loan.Originally Posted by 651akathePaul
Same guy that was reporting from Sac was saying they're essentially getting 200 million up front from those companies, but that the Kings would end up paying back 500 million back to those companies in the long long run. Of course, this is the jist of what I heard because they got a lot more technical, but all I heard was 200 mil upfront to keep the Kings, but 500 owed after the fact, which makes it worthwhile for the businesses.Originally Posted by NikeTalker23
Originally Posted by 651akathePaul
What's this I hear about KJ was set to unveil the architecture of the new arena, only to take it away while the curtain was still draped over?
The design wasn't quite right, so it will be unveiled soon.
This is how the funding thing is turning out. The arena is designed, the studies have been done, the land is ready. The only question is funding. The biggest chunk of the financing is going to come from privatizing city parking. Twenty companies nationwide have already expressed interest. That will contribute about 200 millions up front, which is about half of the financing. Other funding is going to come from NBA/Maloofs. The NBA in the offseason said they would be open to it, and that they do expect the Maloofs to put up money. The city is asking a total of 80 millions from both. AEG has also expressed interest into being an equity investor and managing an arena. There is also going to be a hotel tax that is going to be placed on downtown hotels. Also, include naming rights.
The best part about all of this is that nothing is going to be put on a ballot so no public vote is needed.
My head is spinning.