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Kehriotis Meeting With City Regarding Second Bid For Kings

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(Sacramento, CA)
Tuesday, March 5, 2013

Sacramento Kings Minority owner John Kehriotis says he and Sacramento City Manager John Shirey and Mayor Kevin Johnson have been in talks at different times over the course of the past two months.   He is still favoring a Natomas site for an arena, but has not dismissed the possibility of building one downtown.

There's disagreement over whether the Mayor and the Kings minority owner met about Kehriotis' plans to make a bid for the team. 

Johnson  appeared on "Insight" with Beth Ruyak today and denied meeting with Kehriotis, " I have not met with him. The City manager has met with him.  And I think simply our goal is to keep the team in Sacramento and I don't care how we do that. Nothing's materialized.  So, it doesn't pay for me to talk in hypotheticals. Right now, we've met our March first deadline. We have a front-runner.  If somebody else puts forward a better deal in a timeframe that's decent and that can be evaluated I think that's great."

Kehriotis insists he met with the Mayor at the Embassy Suites Hotel in Sacramento twice in mid to late January and discussed another bid that would run in a parallel course to the one submitted by Mark Mastrov and Ron Burkle.  

Kehriotis says his talks with the City Manager have included the possibility of some public investment in the deal.  He and the Mayor agree that the National Basketball Association prefer cities to be involved financially in this type of deal.

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