Lexus Gets Dallas Arena's Platinum Level Name Raiders Move Into New Training Facility DraftKings Inks Deals With Cowboys, Chiefs, Pats University Plans Threaten Downtown Cincy Project Iowa State Completes South End Zone Renovations Florida Close On O'Connell Center Financing Facility Notes Notre Dame Stadium Adding Three Video Boards Alameda, Raiders Officials A No-Show At Presser Fifth Third Arena Remodel Plans Approved
SBD/Issue 73/Facilities & Venues
Seven Proposals Submitted For New Kings Arena In Sacramento
Published December 29, 2009
|Sacramento Receives Seven Proposals
For New Kings Venue
BRIGHTER PROSPECTS AHEAD? In Sacramento, Sam Amick cited sources as saying that in folding the WNBA Monarchs and selling the family’s beer distributorship for “far more than its 2002 estimated worth" of $45M, Kings owners the Maloofs are “suddenly comfortable again.” Kings co-Owner Joe Maloof said, “There were times when we were facing substantial losses, but we made some moves. We’ve never been in better shape financially because we have some power now. The last three years have been negative, but we’ve had some spectacular years (in the past). We’re going to be profitable this year. And next year, we’re going to show a profit” (SACRAMENTO BEE, 12/27). However, in Sacramento, Sam Stanton wrote, “Some are questioning what the future of the team is in Sacramento if a viable plan for a new arena is not developed soon” (SACRAMENTO BEE, 12/27).
MEET & GREET: In Sacramento, Ailene Voisin cited a Kings source as saying that the team’s “We Want You Back” campaign -- the Maloofs’ “attempt to entice former season ticket holders to reinvest in the club -- resulted in approximately 100 new/old season ticket purchases” during last night's game against the Nuggets at Arco Arena. Before tipoff, an estimated 3,000 former season ticket holders “took the Maloofs up on their offer of two free tickets, a buffet dinner, and a chat” with coach Paul Westphal (SACBEE.com, 12/28). Meanwhile, the Kings' first Social Media Night presented by Verizon Wireless is sold out. Fans who follow the Kings on Twitter and Facebook received an exclusive ticket offer to buy one of 100 tickets for tomorrow night's game against the 76ers and a chance to meet F Donte Greene before the contest (Kings).