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Volume 24 No. 157


AEG “confirmed for the first time Friday that it might participate in the effort to build a sports and entertainment complex in Sacramento,” according to Bizjak, Kasler & Lillis of the SACRAMENTO BEE. AEG officials met Friday in L.A. with Sacramento Mayor Kevin Johnson and members of his arena team and Johnson said that the meeting “included discussion of AEG's potential role as arena operator, should the company sign on.” Meanwhile, the Sacramento City Council tomorrow “will consider a proposal authorizing city officials to engage in exclusive negotiations with ICON and its local partner, developer David Taylor, to sign on as the city's arena development team, if an arena financing deal comes together.” The council also “will be briefed on a city staff plan to spend $555,000 over the next six months on consultants to help them analyze the finances and legalities of an arena, and to help negotiate deals” with the Kings and the NBA (SACRAMENTO BEE, 9/24).