The cost of moving the Sacramento Kings to Anaheim starts at $75 million.
The city of Anaheim owns the Honda Center. Built in 1993, it is only marginally larger than Arco Arena but is considered much nicer.
(source)
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Posts Tagged ‘relocation’
Anaheim to vote on Kings relocation costs
Tuesday, March 29th, 2011
Anaheim arena operator would loan Maloofs $50 million
Tuesday, March 29th, 2011Anaheim arena officials are willing to spend millions of dollars to lure the Sacramento Kings, but the financial package isn’t completely a gift.
Maloof brothers, from left, George, Gavin and Joe, attend a Kings home game against the Los Angeles Clippers last month. The family, which is considering moving the team to Anaheim, has suffered financial reversals in recent years. The team’s payroll is the lowest in the league.
(source)
Kings blog: City of Sacramento directs Anaheim to stop negotiations with Kings
Tuesday, March 29th, 2011Sacramento city officials Monday fired off a terse letter to the city of Anaheim warning it to cease negotiations with the Sacramento Kings.
Three Maloof brothers – from left, George, Gavin and Joe – attend the Kings game against the Clippers on Monday night at Arco Arena.
The Sacramento Kings owners George, Gavin and Joe Maloof react to the Kings play late in the 4th quarter.
(source)
Marcos Breton: Maloofs’ deal looks desperate
Sunday, March 27th, 2011As more information surfaced about the Kings’ potential move to Anaheim, the deal itself appears to be as much a bailout of the team’s owners as a relocation of the franchise.
Marcos Breton
(source)
Anaheim proposes spending $75 million to lure Kings
Friday, March 25th, 2011Anaheim officials would issue $75 million in bonds to lure the Kings from Sacramento, according to city documents released today.
Jeffrey Phelps Associated Press
The Kings’ Marcus Thornton drives against Milwaukee’s Keyon Dooling in the first half. Thornton scored a team-high 27 points.
(source)
Hockey owner hoping to net Kings
Thursday, March 24th, 2011If the Kings leave Sacramento for Anaheim, billionaire Henry Samueli will be a big reason why.
NICK UT Associated Press file, 2008
A federal judge dismissed the guilty plea of Broadcom co-founder Henry Samueli, above, who was accused of lying in an SEC backdating probe.
(source)
In myriad ways, fans face fears that Kings will desert Sacramento
Sunday, March 20th, 2011In these uncertain days, with Sacramento’s black and purple legion feeling bruised, even the most devoted Kings fans can succumb to conspiracy theories.
Sacramento Kings season ticket holder Jarrad Hicks, 22, a longtime fan,
raises an anti-mouse sign during Wednesday’s game at Power Balance Pavilion,
opposing the team’s possible move to Anaheim, home of Disneyland.
(source)
Kings clue? Anaheim may issue bonds to upgrade Honda Center
Saturday, March 19th, 2011In what may be another clue that the Sacramento Kings are headed to Anaheim, the Orange County city is considering issuing bonds for improvements to its Honda Center arena, according to city notices published Thursday and Friday.
Anaheim’s Honda Center is newer and fancier than Power Balance Pavilion. Sacramento is a mid-sized market with an old arena, says Mayor Kevin Johnson, and the Kings owners need to do what works best for them. “Even if our team is selling out,” he says, ” … it’s hard economically to compete.”
(source)
Kings notes: Hawes sympathizes with Kings fans
Saturday, March 19th, 2011Spencer Hawes is no longer a King, but he sympathizes with Kings fans who don’t want the team to move to Anaheim.
(source)
Kings name wouldn’t move to Anaheim
Thursday, March 17th, 2011It’s still uncertain where Sacramento’s basketball team will play next year, but one thing is clear: If they move to Anaheim, they’ll no longer be Kings.
The Kings’ Francisco García (32) is restrained by teammate Marcus Thornton, left, who pulls his jersey as García approaches the Warriors’ Al Thornton (23). García and Al Thornton drew technical fouls with 4.7 seconds left in the first half.
Sacramento Kings center DeMarcus Cousins pleads his case to an official after a foul call against him during the second half of an NBA basketball game against the Golden State Warriors in Sacramento, Calif., Monday, March, 14, 2011. The Kings won 129-119.
Sacramento Kings forward Jason Thompson, left, dunks the ball against Golden State Warriors defender Reggie Williams during the second half of an NBA basketball game in Sacramento, Calif., Monday, March, 14, 2011. The Kings won 129-119.
Sacramento Kings guard Marcus Thornton (23) breaks away for a dunk against Golden State Warriors defender Ekpe Udoh during the first half of an NBA basketball game in Sacramento, Calif., Monday, March, 14, 2011.
Sacramento Kings guard Luther Head, left, tries to defend against Orlando Magic guard Gilbert Arenas during the first quarter of an NBA basketball game in Sacramento, Calif., Wednesday, March 9, 2011.
(source)
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