57 results for tag: George Maloof

Arena: Mayor Kevin Johnson on Maloofs – “We can’t be jerked around”

Mayor Johnson expressed indignation toward the Maloofs, who claimed last week they never agreed to pay for any pre-development costs toward the construction of the proposed downtown arena.  Below are a few quotes from the mayor today followed by audio of Johnson's Q&A with Sacramento media after the jump. Johnson on whether the NBA Board of Governors meetings in a few weeks are a deadline for the Maloofs to come up with the rest of their pre-development money:
In terms of that deadline, I was very clear. I talked to (the) commissioner a couple times this week and I told him that the New York meetings are critical for Sacramento. Because we can't be in limbo - we can't keep having the finish line moved on us. We all expected that we had an agreement, we thought we'd all be pushing in the same direction and there's been countless tactics and antics that are just not becoming (of a) true partnership in my opinion. With that said, the commissioner said to me and insured me that the NBA governing board, the commissioner of the NBA, the relocation committee, the advisory financial committee - they all know what the facts are.
Johnson on whether a change of ownership comes back into the picture:
We're not going to be a city that sits on its hands. And we've gotten this far because we stood up and we've taken a stand on what we believe in. So do we need to look at contingency plans? Absolutely. What those are at this point,  I'm not ready to share. But as I said, we don't want to get caught flat footed. We need to make sure we're protecting our community in all ways and we need to look at all of our options. You can't make public statements that say one thing and then privately be doing another. I don't think that's in the spirit of what we all thought and where we thought we'd be at this point.
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Arena: NBA offers assistance after Maloofs raise concerns in project

Could a minor snag create a major problem in the plans to build a new arena in Downtown Sacramento? More

Arena: Premium parking garage to be built for Sacramento fans

More details of the arena financing plan, which was publicly released yesterday. More

DEVELOPING: Sacramento, Maloofs and NBA agree to framework for new arena

After three days of negotiations, a new arena for the Sacramento Kings is in sight for California's capital city. More

Cowbell Kingdom Podcast Ep 34: Sacramento arena negotiations update with Rob McAllister

Talks continue in Orlando between the NBA, Maloofs and Sacramento officials. More

Arena: Maloofs and Sacramento officials intensely engaged in continuing negotiations

A meeting that could determine the fate of the Sacramento Kings continues on in Orlando. More

TrueHoop TV: James Ham with Henry Abbott on Small Market, Big Heart and Sacramento Arena

James Ham and Henry Abbott discuss the future of the Kings in Sacramento. More