Sacramento, Kings & NBA reach tentative arena dea

Sacramento, Kings & NBA reach tentative arena dea

Credit: Getty Images

SACRAMENTO, CA - APRIL 13: A general view before the NBA game between the Los Angeles Lakers and the Sacramento Kings on April 13, 2011 at Power Balance Pavilion in Sacramento, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jed Jacobsohn/Getty Images)

Print
Email
|

wwltv.com

Posted on February 27, 2012 at 2:39 PM

Antonio Gonzalez / The Associated Press

The city of Sacramento, the NBA and the Kings have announced a tentative deal to finance a new arena that would keep the team in California's capital.

Sacramento Mayor Kevin Johnson, NBA Commissioner David Stern and the Maloof family, which owns the Kings, announced Monday in Orlando, Fla., -- where they had been negotiating all weekend during All-Star festivities -- that an agreement had been reached. The City Council is expected to vote on the plan March 6.

The full financing plan will be made public by Thursday.

The Kings almost moved to Anaheim, Calif., last year before Johnson and city leaders convinced the league to give Sacramento one last chance to help finance an arena. Seattle also had been making a renewed push for an NBA team.
 

Print
Email
|