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SACRAMENTO SEES KINGS DEMANDS AND BUDGET SHORTFALL

          Kings Owner Jim Thomas said that without $60M to pay
     off his debt at Arco Arena, he'll have no choice but to
     entertain lucrative offers from at least one major city
     offering "a free arena, revenue off the arena and a bundle
     of cash," according to Delsohn & Bizjak of the SACRAMENTO
     BEE.  Thomas added that if Sacramento agrees to the Arco
     deal, the city would get a share of arena revenues now going
     only to the Kings, and the chance to be an "economic
     partner" in a new $150M sports and entertainment complex
     near the arena.  Thomas: "If you want professional sports
     here, you cannot get a better deal."  Sacramento Mayor Joe
     Serna Jr. didn't "rule out" any of what Thomas proposed, but
     repeated his commitment that no public money go to sports
     teams without a public vote.  Thomas did not mention any
     possible city suitors by name, but Sacramento Treasurer Tom
     Friery noted Thomas has mentioned "several possible new
     locations" to him, including San Diego and Anaheim.  The
     City Council meets Tuesday and Thomas wants the Council to
     vote or at least show "considerable interest" in his $60M
     request to retire Arco debt. If his plan is approved, Thomas
     said, he will sign a 20-year commitment to keep the Kings in
     town (SACRAMENTO BEE, 1/17).  The meeting "is shaping up to
     be a pivotal moment in Sacramento sports history" as the
     Kings' issue comes at the same time the council is set to
     discuss what services should be cut to eliminate a projected
     $11M budget shortfall (SACRAMENTO BEE, 1/18).  

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