Menu
SBJ Best Places to Work in Sports 2024

Nominate Your Company Today

Franchises

SUPERIOR COURT APPROVES CITY OF SACRAMENTO LOAN TO KINGS

          A Sacramento Superior Court judge Wednesday "dismissed"
     a citizens' complaint seeking to block the City Council's
     $70M loan to help keep the Kings in town, according to Gary
     Delsohn in the SACRAMENTO BEE.  Judge Joe Gray said that the
     plaintiffs "failed to show there was an emergency" or that
     they would be "irreparedly harmed" if the deal went through. 
     The plaintiffs said they will file another motion in
     Superior Court that seeks to force a public vote on the deal
     (SACRAMENTO BEE, 2/20).
          THE KING AND HIS CASTLE: BEE Columnist Mark Kreidler
     writes on Kings Owner Jim Thomas, and the Sacramento
     community: "If the events of the past month have
     demonstrated anything in bold relief, it is the fact that
     Thomas, now in his fifth year of owning the NBA franchise in
     Sacramento, knows almost nothing about the area."  Kreidler
     adds, "He doesn't know the people; he doesn't know the
     process.  He certainly doesn't know what moves us"
     (SACRAMENTO BEE, 2/20).   An editorial in the BEE notes that
     while the city's loan has been approved, "It doesn't
     permanently settle the longer-term problem of the Kings'
     financial situation as a small-market team."  But to
     "protect" fans and the long-term future of the Kings in
     Sacramento, "Thomas, with any help he can get from local
     leaders, must turn to convincing the NBA to attend to the
     problems of small-market franchises. ... Sacramento has
     delivered for the NBA.   It's time for the league to repay
     that customer loyalty and public effort by changing its
     revenue distribution" (SACRAMENTO BEE, 2/20).

SBJ Morning Buzzcast: May 13, 2024

Upfront week and sports is grabbing more of the pie; Why the WNBA going to Toronto is important; San Diego continues to be a baseball town

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1997/02/21/Franchises/SUPERIOR-COURT-APPROVES-CITY-OF-SACRAMENTO-LOAN-TO-KINGS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1997/02/21/Franchises/SUPERIOR-COURT-APPROVES-CITY-OF-SACRAMENTO-LOAN-TO-KINGS.aspx

CLOSE