Johnson said Sacramento developer Mark Friedman joined the group. The announcement came a day after Burkle backed out because of a conflict of interest stemming from his ownership stake in Relativity Sports, which manages some NBA players' careers. Friedman said he will help build the planned arena in downtown Sacramento.
He also said he had been in contact with the mayor since January and the timing of Burkle's decision had nothing to with his emergence. Skip to main content Skip to navigation. Report: Sacramento bid for Kings has deadline. Sacramento Kings. Joerger leaving Sixers to have cancer treatments. A bad season for Texas reached a new low with a 57—56 overtime loss to Kansas, marking the first time the Jayhawks have ever won in Austin.
The wide receiver was in his third season with Cleveland before being released last week and signing with the Rams. Home NBA. SI Recommends. College Football. By Wilton Jackson. And the Kings, bought by the family in the late s, went from exciting contenders to chronic also-rans, now playing in what might be the most unfortunately named venue in sports: Sleep Train Arena.
Certainly in the early years the Maloofs were the golden boys. They had everything going for them — personally, professionally, financially. And the team was playing well. In , Elmets served as point person for a ballot measure to build a new arena in an old rail yard, to be funded through a quarter-cent increase in the sales tax. At a kickoff event, Sacramento Mayor Heather Fargo spoke in support of the public-funding proposal, as did assorted other local leaders.
Joe Maloof also showed up. But, according to Elmets, when Elmets handed Maloof some talking points, Maloof pulled out a different set and approached the microphone.
After debts are taken out, they can walk away free and clear with some cash to spend on their brilliant business ideas vodka flavored like red velvet cake, bedazzled phone cases and a pro skateboarding tour. If the backup plan works, they'd spend the next year losing money hand over fist on a team they no longer want in a city they dislike with no clear path for relocation. Is watching an embarrassment of a season -- no fans will show up for that disaster -- going to flip the league to the Maloofs' side?
No other owner would do this to a city, any city. It's spite, plain and simple. And all we can do in Sacramento is hope that the NBA remains steadfast in refusing to honor that spite. Given the way the Maloofs have sullied the league the past couple years, leaving a stain on the NBA owners' club, chances seem good that Stern will have support.
Whether that will be defense against anti-trust litigation or the invocation of the bylaw that gives the league meaning the Board of Governors a wide berth to protect the brand the so-called "good of the league" bylaw , we'll see.
But the odds that Stern and the owners that two weeks ago voted to reject relocation will now bow before the Maloofs' belligerence and Hansen's pocketbook don't seem great.
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