Showing articles 1 - 20 of 29 tagged as "national basketball association"

Plan for $386m arena lacks financing details

Arena developers are expected to unveil plans to build a new Sacramento arena, reportedly at a cost of $386 million, at a special City Council meeting Thursday – but they're not sure how to finance it just yet. The ICON-Taylor team will discuss the possible design, amenities, location and cost to construct an arena in a 1 p.m. presentation at City Hall. The team's feasibility analysis determined that both public and private financing will be required for the project. Without either, the project wouldn't be feasible, according to a staff report released Wednesday. Sacramento County voters rejected a plan to build a $600 million, 1 million-square-foot arena in 2006. The city also chose no

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Arena report set for Thursday

A new arena for Sacramento is likely to cost nearly $400 million and will likely have the Kings as tenants but not operators, the mayor said Tuesday. The cost of the entire project, which would build a new arena from the ground up, is expected to be far lower than the $600 million proposed to build an arena in 2006 – partly because the recession has lowered construction costs and partly because the plans will call for a "smaller but yet world-class venue" of less than 700,000 square feet that fits the region's needs, according to Mayor Kevin Johnson. Power Balance Pavilion, the Kings’ current home, is 442,000 square feet. "The viability of this project happening in Sacramento is real,"

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Power Balance arena pros and cons

Power Balance Pavilion isn't being passed by on concert tours or by the National Collegiate Athletic Association because of anything wrong with it physically. The facility is good enough for Lady Gaga and Britney Spears to play there this spring and summer. The arena which has been the long-time home to the Sacramento Kings has many good points, according to people who've spent a lot of time there. However, some big conventions and events, primarily religious conventions, have skipped Sacramento altogether because the arena isn't close to enough hotels. Its money-making capacity is hindered by the smaller number of seats and luxury suites, compared to newer arenas. Other problems exist

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Sacramento mayor stands in for Kings at NBA draft lottery

The first time Kevin Johnson was involved in the National Basketball Association draft, he was passed over by the Sacramento Kings. Now mayor of Sacramento, Johnson will represent the Kings at the NBA draft lottery Tuesday. The lottery will be televised on ESPN during a pregame show just before Tuesday night's playoff game in Dallas, when the Oklahoma City Thunder takes on the Dallas Mavericks in game one of the Western Conference finals. The draft lottery portion of the show, which determines the order for the NBA draft June 23, could begin as early as 5:10 p.m. Pacific time. In 1987, Johnson was drafted by the Cleveland Cavaliers, who got the seventh pick in the draft. The Sacramento K

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Here We Rally | Photos

Here's some images from the big Kings rally in Cesar Chavez Park Tuesday night: Read about the Here We Rally HERE

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Mayor tapped for NBA draft lottery at Kings rally

Sacramento Mayor Kevin Johnson will represent the Kings at the National Basketball Association draft lottery next week, team owners and the mayor announced at a Tuesday rally. Johnson and developers representing the ICON-Taylor arena team will meet in Las Vegas Wednesday with George Maloof, whose family controls a majority share of the team, to discuss the arena project. The Maloof family owns the Palms Casino Resort in Las Vegas. On stage at a Kings rally in Cesar Chavez Plaza, Gavin and Joe Maloof asked the former NBA All-Star player to step up for them next Tuesday at the draft lottery at the NBA Entertainment studio in Secaucus, N.J. "I accept! I accept! I accept!" Johnson yelled in

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Kings rally planned during ticket drive

The Sacramento Kings' owners hope to build team fever this week with a ticket sales drive and a rally Tuesday. Kings co-owner Gavin Maloof is expected to join Head Coach Paul Westphal and stars such as Bobby Jackson, Doug Christie and Scot Pollard at a Kings rally at 5 p.m. Tuesday at Cesar Chavez Plaza, Ninth and I streets. Fireworks and a concert by Sacramento rock band Tesla are also planned for the rally, which is co-sponsored by local radio station Sports 1140 KHTK. Maloof Sports and Entertainment also has hired 30 new sales employees to help with ticket sales after the Maloofs announced May 2 the team would stay in Sacramento for at least another year. Most of the new employees st

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Chris Webber, NBA amp up aid for Kings and arena

Forces now allied behind the Sacramento Kings gathered steam Tuesday in their collective bid to build a more successful team and move the region closer to constructing a new arena. That effort will be aided by retired Kings player Chris Webber, who said on television Monday night he's lined up private investors to fund a new arena in place of taxpayers. "Within the year, we're going to make some special things happen," Webber said on TNT's "Inside the NBA." "The goal is to keep the team there." Webber hinted about his involvement on Twitter Monday after the Kings' owners announced they'd leave the team here for at least one year to give Sacramento more time to pursue building a new spor

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Sacramento Kings to stay another year

The owners of the Sacramento Kings announced Monday the team will stay put for at least one more season – giving the region and the National Basketball Association time for one final push to build a new arena. NBA officials quickly announced a commitment to make one last effort over the next 10 months to pave the way to replace Power Balance Pavilion. The league is sending nine people to Sacramento Tuesday to provide expert support in the regional effort to construct a new arena and to help the Kings' owners, the Maloofs, lead the team to a successful next season, NBA Commissioner David Stern said in a teleconference Monday afternoon. Kings fans, elected officials and business leaders re

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Kings to stay in Sacramento – for now

The owners of the Sacramento Kings have decided to keep the team here for at least the next season, they announced Monday morning. The team's owners, led by the Maloof family had a deadline of 2 p.m. Monday to file a request to move the team. In an announcement emailed shortly after 9 a.m. Monday, the Maloofs said fan support and Sacramento Mayor Kevin Johnson's push to get a new arena built were instrumental in the decision. "The fans’ spirit and energy, specifically our season ticket holders, has been remarkable and we are truly thankful for their loyalty," they said in the prepared statement. "We also are greatly appreciative of the support from our corporate sponsors as well as othe

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NBA considers Kings' fate

The National Basketball Association apparently continued weighing Sacramento and Anaheim as markets for the Kings Thursday. Sacramento Mayor Kevin Johnson jumped off a stage to take a phone call at a groundbreaking ceremony for railyards railroad track relocation Thursday morning. He later said he wouldn't comment on whether the call came from NBA Commissioner David Stern. Shortly after finishing the call, Johnson told reporters he didn't have any word on a Kings decision, from either Stern or Oklahoma City Thunder owner Clay Bennett, who chairs the league's Relocation Committee. "I have not gotten an update," said Johnson, who described the call as "private." "I haven't heard from Clay

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Regional meeting on Kings expected Friday

Regional leaders are expected to meet Friday for an update on efforts to keep the Sacramento Kings here, but talk about financing a new arena will be postponed until the National Basketball Association announces whether the team will stay, it was reported Wednesday. An invitation to a status update meeting was sent to elected officials late Wednesday afternoon. The meeting is tentatively set for 10 a.m. Friday across from the Capitol, at the headquarters for the Sacramento Area Council of Governments, 1415 L St., sources said. The meeting is being held to inform leaders from the six-county region, city of Sacramento and state on progress made with the NBA this week. The meeting will inc

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Sacramento awaits word on Kings

Sacramento Kings fans, officials and business leaders are waiting to hear in the next few days whether the team will stay here for at least a year after businesses ponied up deposits on more than $10.2 million in financial support Tuesday. The National Basketball Association's Relocation Committee, chaired by Oklahoma City Thunder owner Clay Bennett, will meet between now and Monday to make a decision. Sacramento officials have asked to learn sooner than May 2, if possible, whether the Kings will remain in Sacramento rather than move to Anaheim. May 2 is the deadline for the Kings' owners, the Maloofs, to file a relocation request. There has been little public discussion of the impact a

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NBA may not visit Anaheim

Sacramento has gotten no word from the National Basketball Association that the Kings are staying in town – but the league doesn't have plans yet to visit Anaheim, an NBA official said Friday. League staff members will be in Sacramento Monday to collect more detailed information about financial support for the Kings and a new arena following a two-day visit Thursday and Friday by an NBA attorney and NBA Relocation Committee Chair Clay Bennett, who owns the Oklahoma City Thunder. Bennett will report back to his committee next week, said Tim Frank, the NBA's senior vice president of Basketball Communications. However, NBA officials have not scheduled a similar fact-finding mission to Sout

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Region asks NBA for another year with Kings

Sacramento leaders asked National Basketball Association officials visiting Thursday to keep the Kings in Sacramento for at least another year while the region proves a new arena can be built – and an answer is expected May 2. In a closed-door meeting at the state Capitol Thursday morning, Senate President Pro Tem Darrell Steinberg and other elected officials from the city and state asked the NBA to give the region a year to show they will be able to replace Power Balance Pavilion with a new home for the Kings. Kings supporters also did their best to paint the town purple – waving purple-lettered signs outside City Hall, hanging Kings banners on buildings and dressing in the team's color

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Fans, leaders roll out purple carpet for NBA

A day before National Basketball Association representatives arrive in Sacramento, regional leaders gathered in the state capital Wednesday to show their support for what has until now been the city's effort to keep the Kings and build a new arena. Kings fans and business leaders have launched a campaign called "Here We Purple" in anticipation of the NBA's arrival. The movement grew on Facebook and Twitter, where organizers are encouraging everyone in the city to paint the town purple and wear purple clothes Thursday and/or Friday. Elected officials from as far away as Loomis, Yuba City and Yolo County joined Mayor Kevin Johnson for an hour-long meeting and press conference he held to dr

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NBA's Sac meetings will be closed

The public will have to wait for information on this week’s meetings in Sacramento involving two NBA officials as the meetings will be closed to media, Mayor Kevin Johnson said at a Tuesday morning press conference. The two NBA executives who will visit Sacramento on Thursday and Friday are Clay Bennett, relocation committee chair for the NBA Board of Governors, and NBA Executive Counsel Harvey Benjamin, said Tim Frank, an NBA spokesman. The closed meetings relating to the Kings’ future were requested by the NBA, Johnson said. “They felt that they didn’t want a lot of fanfare,” Johnson said. However, Johnson said he would meet with the local media to communicate information about the m

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NBA group rolls into Sacramento this week

A National Basketball Association committee will arrive in Sacramento this week to study the possibility of keeping the Kings here. Reports surfaced Monday that a group of six would be coming here Tuesday to get more information about new financial support for the Kings. On Friday at the NBA Board of Governors meeting in New York, NBA Commissioner David Stern said team owners agreed to learn more about corporate sponsorships and other money that may be available to help the Kings make more money in Sacramento. The only information that could be confirmed was that Oklahoma City Thunder owner Clay Bennett, who chairs the board's Relocation Committee, and NBA Executive Counsel Harvey Benjam

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NBA takes more time to study Kings move

Sacramento Kings fans will have to keep holding their breath over a possible team move after a National Basketball Association official on Friday said the league needs time to learn more about the unfolding deal in Anaheim and the viability of keeping the team in the capital. The NBA Board of Governors agreed to extend the deadline for the Maloofs’ request to move until May 2. On Thursday, Sacramento Mayor Kevin Johnson and San Francisco investor Darius Anderson told NBA team owners that billionaire Pittsburgh Penguins co-owner Ron Burkle is leading a plan to buy the Kings or help bring another pro basketball team here if the Kings leave. Johnson also said he and business leaders have r

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Go Time: Sacramento vs. Anaheim at NBA meeting

In the world of professional basketball, Northern California is set to take on Southern California in two heated matchups over the next 24 hours. Only one of the competitions will take place on a basketball court. Representatives from Sacramento and Anaheim are expected to appear before the National Basketball Association Board of Governors Thursday to discuss a Kings move to Anaheim and the future of basketball in Sacramento – just hours after the Sacramento Kings are set to go up against the Los Angeles Lakers at Power Balance Pavilion Wednesday night. At the same time, different groups are working on efforts to keep the Kings in Sacramento or form an ownership group for a new team if

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