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Business Owners Ask For New Kings Ownership While Maloofs Say They Still Want to Stay in Sacramento

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(Sacramento, CA)
Thursday, April 12, 2012

Two dozen Sacramento-area business owners and developers have asked the National Basketball Association to ask the Maloof family to sell the Sacramento Kings.  Group members say they sent a letter to NBA Commissioner David Stern, because they are concerned the Maloofs are intentionally jeopardizing the creation of a new arena in downtown Sacramento. 

John Hodgson says Sacramento could see similar benefits to those seen by the area around AT&T Park in San Francisco.

HODGSON: "This isn't an arena deal.  This is an entertainment and sports complex and it could be the biggest catalyst for improving Sacramento and putting it on the map."

A statement on behalf of the Kings says the group isn't fully informed.  The Maloofs say their goal is still to open the 2015 NBA season in a new arena in Sacramento.

The Maloofs are in New York for a meeting of the NBA Board of Governors.  The Kings' owners are expected to explain why they don't want to pay $3 million in pre-development costs.  
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