A's GM Beane Goes "All In" With Lester Trade Tigers Up The Ante By Landing David Price Red Sox Eye '15 With Trades Royals Sit Out Trade Deadline Due To Finances Cards Roll Dice, Other Contenders Stand Pat Toronto Group's Status Uncertain In Bills Sweepstakes Bulls' Rose Admits To Tension With Front Office Minneapolis' MLS Pursuit Heats Up Golisano Reportedly Could Still Bid For Bills NBA Adds Twitter Handle To Official Game Balls
Upcoming Conferences and Events
SBD/May 31, 2013/Franchises
Chris Hansen Suggests He May Not Have Pursued NBA Kings Bid In Hindsight
Published May 31, 2013
BUILT FOR A KING: In Sacramento, Arns & van der Meer report the Kings, despite "obstacles and risks," will "move quickly" to build a $447M sports and entertainment center once the NBA formally approves the team’s sale, likely by month’s end. The project, financed in part with $258M in public money, is "expected to include retail, residential, office and other components that many hope will revitalize Sacramento’s stagnant downtown." The question is whether the city can "leverage the new arena into real, tangible economic growth." But economists speculate that if done correctly, Sacramento's arena project could "completely change the city over the next decade" (SACRAMENTO BUSINESS JOURNAL, 5/24 issue). Also in Sacramento, Bizjak & Lillis in a front-page piece report local group Sacramento Taxpayers Opposed to Pork is "launching an underdog campaign of its own" to challenge the team's plan to build a new arena. The group "took steps this week to launch a petition drive for a public vote on the arena financing plan." The group's "network of backers is small, relying on Facebook messages and fundraising drives in a midtown garden to generate support and money." The group "aims to force the city to schedule a special election" (SACRAMENTO BEE, 5/31).