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SBD/April 27, 2011/Franchises
Area Businesses Commit More Than $10M To Keep Kings In Sacramento
Published April 27, 2011
CIVIC COMMITMENT: The AP's Gonzalez reported "four California lawmakers, including the leader of the state Senate, sent a letter to Stern on Tuesday pledging to work with local leaders over the next year to try to build a sports and performing arts complex to replace" Power Balance Pavilion. State Senate President Pro Tem Darrell Steinberg said that he would "use his clout to make sure his district gets its share of state bond money that could go to build the complex" (AP, 4/26). Meanwhile, in California, Eric Carpenter reported the Sacramento group "collecting signatures to force a public election that could keep the Sacramento NBA franchise from moving to Anaheim said Tuesday that it will only submit those signatures if Kings' owners file for relocation." Committee to Save the Kings co-Leader Rod Stutzman: "We have more than 11,000 signatures in hand and we are 100 percent confident that enough are valid (to trigger) an election. But we will only file those if the Maloofs file for relocation. If they don't file, we don't want to waste taxpayer money on a referendum that would be moot" (OCREGISTER.com, 4/26).
PUTTING UP A FIGHT: In Sacramento, Marcos Breton writes, "It's not the market, it's the ownership. That's crystal clear now as the greater Sacramento community has rallied to show it can support the Kings despite strong uncertainty surrounding the Kings ownership. ... Raising this money in this economic climate -- and with the Kings poised to move -- is no joke. Even if Johnson's effort yielded only $5 million in real pledges for luxury suites and sponsorship deals, it would still be an amazing accomplishment given that the Kings owners want out of Sacramento" (SACRAMENTO BEE, 4/27). Yahoo Sports' Marc Spears said Johnson has "done a great deal to get" the Kings back to Sacramento, but Anaheim "has dropped the ball." Spears: "They didn't have the TV contract together. The arena situation is shoddy. I heard they walked in there and the NBA just laughed at them, truly laughed at them" ("Chronicle Live," Comcast SportsNet Bay Area, 4/26).