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SBD/March 3, 2011/Franchises
Maloofs, Mayor Kevin Johnson Finally Meet About Kings' Future In Sacramento
Published March 3, 2011
NO ONE TRICK PONY: In Sacramento, Carla Meyer in a front-page piece reports the future of Power Balance Pavilion as the "region's premier concert venue" is getting "lost in the din about the Kings' possible exit." The arena "draws some of music's hottest acts -- and there is no indication a Kings exit for Anaheim would end entertainment events at the arena." The Maloofs "own the arena as well, and will keep control of the building as long as they pay back $67 million they owe the city of Sacramento." The Maloofs did not comment on the arena's future, but Live Nation Dir of Marketing Chris Martinez said that the promoter "still is on board for events." Meyer notes "other arenas have shown they can survive, even thrive, without anchor teams," as Seattle's KeyArena "has attracted more entertainment since it lost the SuperSonics to Oklahoma in 2008" (SACRAMENTO BEE, 3/3).