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SBD/September 19, 2013/Franchises
Ducks Owner Samueli Hopeful New CBA Gives Franchise More Stability
Published September 19, 2013
NBA NOT IN THE CARDS: Samueli said that he "doesn't anticipate bringing an NBA team" to the Honda Center "as a tenant any time soon but he remains committed to backing his money-losing NHL team and maintaining a state-of-the-art arena." In L.A., Helene Elliott notes Samueli since buying the team in '05 has spent $80M "on arena improvements." That includes "upgrading locker rooms to NBA standards and undertaking" the $20M Grand Terrace entertainment project that will open Oct. 10, coinciding with the Ducks' home opener. Samueli said of adding an NBA tenant, "If an opportunity presents itself we'll look at it but we haven't had any contact with the NBA for quite a while. You never give up, but clearly it's not going to happen in the near term" (L.A. TIMES, 9/19).