In just under a year, Sacramento has gone from this ...
Fans Chanting: "Here we stay! Here we
stay!"
Bachmann: "Here we're
staying, yep, kinda savoring the moment right now. I guess
we'll come back for the rodeo or the truck pull or something like
that, but no more Kings."
... to this:
Johnson: "I don't even have the words
to articulate how happy I am for Sacramento."
Mayor Kevin Johnson's words must be music to the ears of fans
like Rich Bachmann, who wouldn't leave his seat last April after
what everyone thought would be the Kings final game in
Sacramento. Commissioner David Stern gave the city a year to
come up with a financing plan. And that's what this agreement
is all about. Details will come out later this week.
The biggest chunk of cash would come from the city privatizing its
parking operations. But the mayor says the key was the Kings
owners - the Maloof family - increasing its up-front payment.
Johnson: "The city had
already stretched with its parking. And I think the Maloofs
and everybody else did their part to make sure that this was a
win-win. And I think Sacramento should be extremely
proud."
The deal comes after three days of talks at the NBA's All-Star
Weekend in Orlando. The city council will vote on it next
week.
Check out some of our previous coverage on the latest effort to
reach an arena deal by clicking the links at the right.
- News Station
Click to listen -
JazzStream
Click to listen
- NEWS 90.9 KXJZ Sacramento
- 90.5 KKTO Tahoe/Reno
- 91.3 KUOP Stockton
- 88.1 KQNC Quincy
- MUSIC 88.9 KXPR Sacramento
- 91.7 KXSR Groveland/Sonora
- 88.7 KXJS Sutter/Yuba City
Here They Stay: City, Kings Reach Arena Deal "Framework"
-
By
Ben Adler

CPR photo/Ben Adler
It looks like the Sacramento Kings aren’t going anywhere. The team’s owners, the National Basketball Association and the city of Sacramento have reached the "framework of a deal" to pay for a new downtown arena.
Listen now:
Monday, February 27, 2012
Click here to listen to our interview with Sacramento Mayor
Kevin Johnson. (Note: He's on a cell phone from the Orlando
airport, so please forgive the poor sound quality.)
Listen now: