It really is getting down to crunch time.
That last thread is a pretty good example of what I think we should avoid. Having some respectful interaction with people from Sacramento is just great but for either side to think that they can get into a point by point debate and “win” by convincing the other is just not realistic or necessary.
The truth is that most (not all) of the people who choose to post in the other city’s forums are the ones that have the least sensitivity to the situation. Who else but the least sensitive, most annoying Seattle poster would ever think to put their opinion on Sactown Royalty? The lowest of the low do it and then those guys label every single Seattle poster as a troll. Just avoid engagement. Don’t go there and when they come here be polite but do not think that anyone on either side wants to get engaged into the debate. I respect their beliefs and hope that they respect mine. I hope and think that I have a little more clarity and insight into the situation than they do and they probably think the same. It is what it is.
They just had what many consider a great weekend. Carmichael Dave kicked off his bus tour and being the sensitive guy he is headed straight to Oklahoma City as one of his first stops to show why fans should be respected. They announced a new owner and then had a Saturday afternoon term sheet that is a completely stale story going into the real week news cycle. Their biggest media dent was an AP story that went national in the coveted 4pm PST on Friday night slot.
Lets see what the weeks news cycle brings. This is the week that the deal they come to is going to come under some scrutiny and questions are going to be asked leading up to April 3. My guess is that the storylines 10 days prior are going to be very different than those when the two side actually get to face off in NYC.
Well thank goodness I don’t have to worry about that as I was banned from there almost 2 months ago after a whole 2 pro seattle posts. I was gang flagged, lol.
Brian - - - As you know this process so well, what are Sac’s next steps to getting their Arena deal truly ready for prime time on Apr 3rd ? How much i dotting and t crossing do they need for readiness to present to the NBA ? Do they need to get it there in advance for any vetting and consideration? When do they need to get their new $$ offer to the NBA to merit consideration ? As admirable as their efforts are, it just doesn’t seem possible to get this done. Your knowledge & thoughts regarding their next steps would be greatly appreciated.
My, oh my. Gang Flagged - - - that’s just so naughty.
Never have posted, wanted to a few times just to clarify some facts. It just didn’t seem appropriate. One thing that does drive me nuts is when they complain about “Bring back our Sonics”. Their point being: The Sonics are gone, they’re in OKC. If they steal our Kings, they won’t be the Sonics, they’ll be the stolen Kings. I always want to ask them - What about Kansas City ? I also want to remind them, just like OKC and all existing teams, they are constantly changing : Coaches, rosters, front offices, and ownership’s, etc. Anyway, those comments just drive me nuts for some reason.
Carmichael Dave kicked off his bus tour and being the sensitive guy he is headed straight to Oklahoma City as one of his first stops to show why fans should be respected.
What an oxymoron . . . respect and Thunder fans! I just don’t remember a lot of respect coming out of OKC in 2008. There are still Thunder fans who show up on the Seahawks ESPN forum, making fun of the Seahawks and siding with the resident 49er fan whever possible.
I CANNOT WAIT until the first game in Seattle between the Thunder and the Sonics. Win or lose . . . it is going to be epic.
You knows whats funny? On Reddit, r/Kings (for the Sacramento Kings) has 428 subscribers. r/Sonics (for the Sonics) has 524 subscribers.
Well Brian, there appears to be a news vacuum on our side. So, we have their events to talk about and then, like flys to shit, the Sactown commenters show up.
I guess we could talk about my bracket being just slightly better than a coin flip.
It’s interesting, if not entertaining that dunderhead Dave’s 1st visit is the the last franchise to relocate against the wishes of its original fans.
I’ll fast forward this discussion to the lesson he’s not going to learn. The OKC fans say that they enjoy the NBA and are glad they got the team. It was the only way they were going to get a team. The NBA has constrained a towns ability to get a franchise to just taking somebody else’s.
I still don’t go to the Sactown fan blogs. There is nothing there for me.
I read the SacBee stories because they tend to report some facts.
What we will talk about next, barring news coming from our side, is the Sactown city council vote, some dunderhead Dave’s Fan angst in retrograde tour.
I expect a little armchair analysis comparing the two plans to show up, somewhere, but not by me. I’m busy eating cupcakes from my daughter’s birthday party (always buy extra, and only the kind you like best, red velvet, and chocolate).
“Dunderhead Dave’s fan angst in retrograde tour”
Hahah
ZING
The first game will be great, no question about it. It will be fun to watch the two franchises swap places as Durant works his butt off with dwindling support on the floor. They are lucky to have him, but franchise players that are not drafted don’t usually show up as free agents in smaller markets. So, this will play out in our favor over time.
I’m expecting Clay to have some indigestion seeing the arena he couldn’t get built in either city (time is coming, Clay, on your remodel), as well as seeing Seattle uniforms show up in OKC. Road jerseys have the hometown name on them, they can look at “Seattle” for 48 minutes.
Thousands of hours of lawyers time to determine the liabilities and legalities of all the steps. Under what authority can the city legally make an offer to remove flood plain restrictions? What are the dates of turnover of the property? What will the union contracts look like? What exact sequence of events happens in the event that revenue benchmarks are not hit? For that matter what exact sequence of events happens if everything goes to plan.
Also as Chris Daniels indicates in his piece there would be studies. How will the 5% ticket surcharge affect pricing? What would the median suite price be? More detailed construction pricing and drawings? For the land pieces that are not under their control they have to determine if the city will invoke imminent domain and if so under what authority.
The whole thing needs to be heavily lawyered to ensure that it is adequately defensible in the case of litigation.
Lots of work. The maloofs backed out last year at a very early stage seemingly
I think Dunderhead went to Golden State and Phoenix before heading to OKC for Bennett’ s blessing!
Man, If the Kings move here, I hope oklahoma city is not allowed to play here. The only way I want to see the oklahoma city team is if they move back to Seattle. Other than that, the hell with oklahoma city.
Dont worry we will treat OKC with great Hospital….I mean Hostility
I was wondering the same thing about the surcharge, as well as the parking revenue they expect to increase, impacting to overall revenue TeamCo expects to get annually.
The Term Sheet says “due primarily to the limited size of the Sacramento regional media market and corporate base, the financing and development of a new arena will require a public-private partnership” because “a privately financed facility in Sacramento would not be economically viable given the limitations of the Sacramento market.”
http://www.king5.com/news/local/sacramento-arena-deal-compete-with-seattle199786031.html
That is as true for the team as it is for the arena, only, the city is not directly subsidizing the team like some other franchise (OKC, NO, etc).
Epic clear headed wisdom.
Here is what little I know about flood areas. I owned a duplex condo in a community that was probably less than 3/4 miles from a river and was declared by the federal government as a 500 year flood area. I had to buy flood insurance through my mortgage from the federal government. It wasn’t much. Somewhere around $100 per year.
Well, one spring it did flood. I didn’t go to work for 2 days because the roads were unuseable. The flood stopped about 2 feet from my home so I wasn’t damaged. Others were, though.
FEMA sets the flood plain. There are various gradation. 500 year is about as old as it gets. I think it will be very interesting to see if they can get FEMA to change the flood status.
Good, Bennet should be afraid to show his lying face in Seattle.
Well, he probable already has shown his “lying” face in Seattle to see the location and arena designs he was unable or willing to get done here. He is on the relocation, and irony, committees.
He better not screw Seattle out of a team…again.
I explained my experience with flood plains but it is in moderation. Hopefully it will show up one of these days.
Gotta love the “we need subsidies because our market sucks” argument. That should sell well to the BOG.
he won’t screw seattle again.
So, who will actually own the arena . . . Sacramento? Will the team be on the hook for maintaining and updating the arena or the city? The city of Sacramento better hope the team because governments are not good at maintaining sports venues.
And the truth is . . . the present Sacramento ownership group does not appear to be able to afford to do much in the way of maintaining a sports arena while making the team competitive. They just don’t have enough money.
Pleading lack of money does not seem to me be a good way to get the NBA to have any confidence in you.
He has no reason to screw seattle again. This is business
I’ll be happy to see OKC @ the Key this fall.
Me, too! EPIC!! The first game will be a nationally televised game . . . guaranteed!
According to the term sheet, the investors would be responsible for improvements to the arena and running it, JMA would own the land, the city would own the building, which kind of confuses things.
So the city owns a building but not the land its on? That sounds potentially problematic. And the city would own the building but would have nothing to do with future improvements? It’s complicated.
Honestly, I think the way the funding was done for Safeco and CLink was great. The teams are responsible for all maintenance and upgrading through the life of the lease. That way the teams can’t complain that the venue wasn’t maintained and kept current. The lack of upgrading and low maintenance is part of what doomed the Kingdome.
The arena and team overlap but might be separated by Burkle.
The private side is responsible for maintaining the arena. I don’t remember who actually owns it in the end.
But, yes, pleading that you require public subsidy isn’t the best, but lets not forget that Chris Hansen made the same point. Seattle is providing financing, and bond capacity, as well as 30 year bonds that really only can be had by a municipality.
This gets back to the NBA actually being overvalued in any market, and they can only maintain that valuation by not expanding. Supply and demand, with the demand so great that the public that gets some benefit from the entertainment has the capacity (although limited) to participate financially.
To be fair, this is not limited to pro sports. The fact that we allow arts groups to operate as non-profits is another way to subsidize entertainment, opera, symphony, they don’t pay the same taxes as non-entertainment for profit businesses. They also get ther facilities heavily subsidized by the public.
The real telling part here for Sacramento is the degree to which they have to participate because there isn’t corporate support (naming rights, etc).
Well, who thinks that they can match the purchase price the Hansen has made?
This is a business and, unless they intend to take a loss for 35 years, they will be short.
Speedcat keeps saying it, and it is no less true right now.
You can almost calculate how short they will be by the percentage the arena is subsidized. I’m willing to freely speculate that’s the barometer, their capacity for buying the team for that market.
So what will their offer be? 310 million? 290 million? (Based off of Hansen’s reported 341 million)
How does the valuation of the loan that the City of Sacramento made to the Maloofs enter the equation? If, as I have heard rumored, H/B/N pays off the 70M loan in addition to the 341M valuation of the 60+ percent of the team that the group plans to buy, does that make the purchase price target essentially somewhere north of 400M for the Sacramento group?
Furthermore, if it does mean that Sacramento’s group needs to reach that price, does KJ do the nearly unthinkable and just forgive the loan debt to buyers that will keep the Kings in Sacramento?
The 1st offer was $241 mil, I think. I remember people saying SAC was $100 mil short.
I’m so looking forward to reality smacking Sac in the face in the next couple weeks. They’ve put together a honorable but flawed BACKUP offer, to an offer every BoG member will find no reason but to approve.
Well, if they only had to purchase the 53% owned by the Maloofs, that would be 278.25 million dollars to the Maloofs. I would think that if they also had to purchase the minority owners 12%, that they would have to at least match the 341.25 million dollars that Hansen is reported to have offered.
I think that the fancy figuring with the Kings debt to the NBA, and the Sacramento debt, somehow lowering the needed bid from the Sacramento ownership group is BS. I think the Sacramento bid will have to be on par with Hansen’s offer.
I think that they can negotiate to only acquire the Maloofs’ 53%, and I would think that there would be a fight over this.
Almost, they have to maintain but the “kept current” part is not really part of that deal. It is expected that the Mariners will be asking for some upgrades, minor upgrades, but beyond the terms of their lease.
Chris Hansen’s agreement is different in this regard. The arena must be kept in a condition that is NBA worthy. That’s where Key Arena fell down.
It’s really going to be entertaining to watch the new arena go up while the Mariners start to negotiate the next lease on Safeco Field. The public will point at the arena and tell the Mariners to meet the new standard.
If they have to go to the legislature again, or a public vote for their Public Facilities District to get taxpayer money, they are screwed.
Every arena and stadium deal should reference our arena plan, as far as I am concerned. I think it is far an away superior in fairness and guarantees carried by the private party. I think the guarantees should extend to non-profits in their commitments to paying rent, etc. this should be the basis for rewriting I-91. Most people don’t know this, but, Seattle Center had to borrow $3.5 million dollars from the general fund last year, Key Arena was a slight net positive, the losses were largely attributed to the non-profits at Seattle Center simply not paying their rent. Their rents are steeply low, non-profit rates, and they still couldn’t cover their rents, but their subsides for infrastructure, and their leases are exempt from I-91. There s your dirty secret, Seattle City Council, fricken Nick Licata and Richard Conlin are hypocrites of the first order. “I don’t think we should be spending public money on a private enterprise”, well that’s bullshit, they pissed away public money on a “Theater District” and a bunch of non-profits that were miserable failures.
Sacramento is broke. They can’t afford to forgive the debt owed on the arena. Either way, someone is paying for that loan.
What I keep going back to is my memory of the day that the NBA voted on the relocation of the Sonics to OKC. I remember hoping that more the 2 we know who would vote “no” to the relocation (Allen and Cuban). We waited to hear the report. As it turned out . . . only 2 voted “no”. I was so ticked that the NBA would turne their banks on our 41 years old team and all of us who had supported them through the years.
I am going into the sale approval and relocation vote believing that there will be the majority of votes who will stand on Seattle’s side. I will be a supporter and believer in Seattle, no matter what.
The Mariners have upgraded Safeco on their own dime for years. And I think that is how it should be. Same with the Seahawks and their stadium.
Ive even heard speculation that it couldve been 150 million short because of relo fee and the loan. Now I assume that it was around the 100 million dollar range. 150 million would make it understandable why they have a new lead investor that is portrayed as a whale but more of a porpoise
Mitch said it was in that ranger, $100 million, $97 million, somewhere around there.
My thought was that Mitch was quoted an exact number, and revealing that exact number would compromise his source. That fair, Mitch went to Syracuse University and got a first rate journalism degree, he knows not to burn his source.
I think they have to match, but they can’t afford to and still make a profit. I’m reasonably confident that the hedge fund manager knows where the margin is, what the valuation is, and made an offer just beyond Sacramento matching, but not so high that he couldn’t make a profit with it in the Seattle market.
He has the skills to pay the bills.
Spencer Hawes @spencerhawes00 17m
What a win. Thanks to the great fans in Sac, especially the ones booing me all night!
The city can’t just forgive the debt, it’s owed to the bondholders that financed it, isn’t it? I guess the city could opt to pay the bondholders in some other way than getting it from the investors, but that might be too much, even for a city seemingly willing to sell or use as collateral anything that isn’t nailed down to keep their team.
Hawes is the man. I saw a pic on the internet that had a picture of Hawes and said “I cant rebound,, defend, or jump But I am Hawesome.” Made me laugh
At the end of the day, the Sac sides, both arena and team ownership, have too many holes to reasonably think the Seattle agreement would be scuttled for its mere possibility. I continue to have 99.99% type confidence, no matter what Sac does
They have upgraded the stuff they own, and much of what they use, but not that retractable roof. This is what the Mariners were arguing at the state legislature over the past 5 years. When the stadium taxes pay off the bonds the taxes stop getting collected and there isn’t a fund for major repairs and upgrades.
So, when the 4Culture folks got the hotel tax turned back to the control if King County over a year ago (I gave a little free advice to them on getting that passed) the stadium parking tax that was supposed to revert to the city was diverted to the PFD, roughly $350,000 a year. The city was pissed off that the legislature did this, even though the city signed off on the bill (guess they stopped reading after they saw 4Culture getting money in 2021).
http://manywordsforrain.blogspot.com/search?q=4culture
If the Mariners start complaining that they have to participate in infrastructure around their facility that the city failed to do much about when Safeco was built then they can always tap that $350,000 a year parking tax revenue that I know for a fact they got, those crybabies.
Ya know, lately, it really looks like he does know how to play the game, though. He’s rounding into a solid center, good for him.
True, the only thing I have seen offered is not requiring the new team owners to not have to pay off the loan immediately. They still have to pay it off and carry the debt. There is a debt % that I think they were getting too close to for NBA standards, my guess, that’s why the new owner was brought in, maybe he has more actual cash on hand.
I’m speculating, but I just don’t see another logical explanation.
The struggles of the city of Sacramento, is well documented throughout the years.
10 years to be exact in trying to get financing with this arena deal.
Last year the Maloofs had an agreement with the city of Sacramento, and all of the
sudden the Maloofs backed off the deal, does anyone no why ?.
Once again it boils down to the economics of the deal, if this deal is not good enough for the Maloofs, I don’t think this would be a good deal for any investor.
unless the city of Sacramento, out of desperation sweetened this deal out
in favor of the new investors. Nevertheless !
On April 3rd, when the BOG meets they will see first hand that the Seattle bid is a much better bid than Sacramento’s.
The Seattle deal is meticulously well planed, well detailed. and well organized.
The conversation with the NBA and the commissioner Stern has been going on
for at least a couple of years even before Chris Hansen struck a deal with Mayor
McGinn, last year.
The bottom line is, Seattle is a better market than Sacramento. Seattle’s TV contract is worth $60 million per season compared to Sacramento’s $14 million
per season .
Seattle triple the size of their corporate sponsorship, that explains why they can
only come up with sleep train as their main sponsor for the arena. (local chain)
From all of the rhetoric, and grandstanding, by the Mayor. Kevin Johnson sound
as though the Kings are the more valuable franchise than Seattle, when in fact Sacramento, is far from it. Mediocre at best as a franchise ever since the Kings,
relocated from Rochester, then Kansas City. 23 years of mediocrity basketball
with no NBA championship to show for.
Just imagine the intense I hate you rivalry with former Sonics team that is now the
OKC Thunder. Not to mention our old northwest rival the Portland Trailblazers.
Now, don’t you guys think that the NBA had thoughts about this already ?
Imagine the TV rating on those games.
Business wise this is a no brainer for the BOG to approve. Clay Bennett the relocation committee chairman has to atone his past sins in moving the Sonics
to OKC, by bringing back a franchise to Seattle. I believe Clay Bennett will do that.
My belief is that David Stern wants to restore a team back to Seattle before he retires, and fix the one black eye in his legacy as the commissioner of the NBA.
I’m looking forward to April 3rd, as Chris Hansen, Steve Ballmer takes center
stage to present their plans with the BOG.
On April 17th, there will only be one winner ?
Welcome back Seattle Supersonics.
Oh Im actually a big Hawes fan though I was always of the belief that if he wouldve refined his game some more in college. Not necessarily the skills portion but the physical aspect he would’ve been better for it. Especially learning to dominate games. He did dominate in high school but not at an absure level. I feel he never learned the killer instinct that couldve helped him. Plus I think it wouldve helped him defensively to stick around in college for at least 1 extra year.
With all that said I would never fault a guy for being a lottery pick and taking that. Just for selfish, Husky fan reasons and I just think he wouldve rounded his game at a younger age (not saying he is old but yeah)..
For what it’s worth, I told Dow Constantine’s point man Sung Yang that I would help out the arts folks and they wouldn’t be in the way of any stadium effort. It’s pretty easy to commit to helping people that you believe in. I’m glad I could help them a little bit. And, while we were advocating for an arena we not only didn’t have opposition, but actual support.
I think our community should have it all, all of it, sports, arts, parks, universities, a thriving business community, better schools.
Here We Buy 2 had 14,647 in attendance in Sacramento tonight.
It’s not as easy as Sacramento simply matching to have a shot. Per Chris Daniels’ KING5 online story:
“Sources tell KING5 Hansen’s group will make a strong pitch to owners about the long term economic vitality of the Seattle region, and the corporate support for an NBA return, as part of their pitch to approve the Kings Purchase Agreement”
The contrast Chris Daniels paints (fairly) between the two markets is eye opening - this is huge a factor that the Sacramento group cannot overcome.
Oh BTW someone brought up that JMA wouldnt have to buy much of the existing properties like Macy’s off of what the term sheet had said is still in the air. They just know the arena will take about 2/3 of the existing Downtown Plaza.
From Sac Bee
An exact site for the new arena has not been determined. City officials say it should take up about two-thirds of the existing plaza site. They said they expect Macy’s to remain.
Read more here: http://www.sacbee.com/2013/03/24/5288161/448-million-arena-deal-reached.html#storylink=cpy
Notice how they say ‘expect’ this is just one example of how preliminary this term sheet is. It really is just an outline on how the negotiations between the city council and investors should begin, in a fair manner. Even after they approve their NON-binding agreement , it will all have to be negotiated at a later date which in most likelihood wont be anytime soon because they will not have an anchor tenant to justify building the arena.
The only thing we are missing is Inn N Out Burger :) but we do have DICKS
A good read about the Sacramento arena plan:
http://www.calwatchdog.com/2013/03/24/sacramento-jumps-the-shark-on-arena-deal/
To be fair, OKC is our 3rd stop.
We had to hit it because Clay is head of the relo committee, and hitting it after 4/3 didn’t make sense.
We are trying to hit most of the owners’ cities on the combined committees, keeping in mind we HAVE to be in NYC 4/3.
In that same article I referenced it sounds like another councilman is leery about voting on Tuesday saying that the public needs ore time to digest the deal than just a couple days. So I wonder if they will wait til the 2nd to vote on it especially since the NBA can see it anyways. I wouldnt be surprised and if that does happen I dont know if it really matters other than making some people in Sacramento nervous
Drive Safe
BTW you gonna swing by the PNW?
yes, be safe on your trip.
Good luck with your trip. If you had used your money for the trip on tickets for the big (second attempt) here we buy game you MIGHT have got over the 15k level…that could have gotten an actual mention in the ESPN game recap and not relegated to the notes section…
Thank you. Don’t they need to get this done & submitted before the Apr 3rd discussion ? Quick like a bunny done ?
Be nice.
To be fair I always thought OKC would be the last stop on the Highway To Hell
By that I mean to the fans in general, who are doing their best to show support. Not to Dave.
Actually I have less of a problem with his efforts now because I wouldve loved to do a farewell tour promoting the Sonics in 2008. Its all the mindless drivel beforehand that irk’d me.
Guys-
I was just responding to Brian, respectfully.
Twitter me and real me aren’t always the same.
I’m not going to respond or discuss the situation here, this is Brian’s house and I’m taking off my shoes before I come inside, and then quickly leaving while ducking flying vegetables.
Happy to engage on twitter, although I’m getting tired of that too. I’m exhausted, and ready for this to be over.
Thanks for keeping the door unlocked here, even for the “enemy”. You guys have an awesome site and I read it quite a bit.
As I’ve always said, the Seattle fanbase is too awesome to have ever been in this spot in the first place.
Thanks, and have a good night.
Brian- we definitely agree on the families!
Seriously, Best of Luck - - Your efforts will be great video and PR support in setting up Sac for the next go. I’ll be rooting for Sac in the next convo of Expansion or relocation. I thoroughly enjoyed our Kings/Sonics rivalry and can’t wait to see Sac back in the West. Safe Travels.
Chris Daniels @ChrisDaniels5 4h
@vitisvinifera2 “An exact site for the new arena has not been determined” via @sacbee http://ow.ly/jnda3
So they haven’t even gotten to where the exact site itself where its actually be built? Good grief.
I fully support the fans. It’s just too bad that the loudest guy got to be one of their figureheads. What the fans are doing are a good thing.
And btw…considering he is admittedly willing to spread as much misinformation as possible at all times. Why exactly are we wishing him best of luck on his tour to get the “real story” out to people around the country?
If I considered him even somewhat objective things might be different.
Sorry but I’m having a hard time with the constant ridicule and grenade launching toward Sac fans and media. Truth is, if we would’ve had a fraction of the deal that Sacto has put together in even twice the time it’s taken them, we’d have been doing jumping jacks. Brian included. And we would’ve believed we had a decent shot at keeping our team. Intelligently debate the real issues, but please stop poking at the optimism, hope and overall belief that the people of Sacramento have in their city officials, who look a helluva lot more legit than anything we’ve had in a long time, current SEA city council included - who almost flubbed this whole arena thing by being childish bureaucrats and squeezing every penny possible out of Chris Hansen to band aide other peoples’ traffic problems, and ten went on to brag about it on TV, radio and in the papers. Sacto actually has a govt that advocates for their team, and here we are scoffing at a deal - albeit a vague and wildly thrown together deal - that took them about 3 weeks to put together from scratch. Something hypocritical about this whole situation. Doesn’t sit right with me. Do I hope they’re successful? Of course not. But I’m damn sure not going to mock what they’ve put together when my own state couldn’t even put it to a vote 5 years ago when a billionaire offered to cover half of a Key Arena remodel.
I don’t know you personally, Mr. Baker - - - but, Man, I so look forward and enjoy your spot on & your rascal irreverent posts. Please, oh please - - - don’t stop. Thank you !!
Key Arena Remodel? WHAT!? Since that wouldve worked for the league
I think we’ve been over the fallacy of this “their people tried, ours didn’t” comparison.
I thought part of the deal for the Mariners was that they had to keep the building up to MLB standards or something. Basically the only reason they were willing to spend 10 million on that new video board.
I do wish the local government would have kept the taxes going as a fund for future improvements to the two stadiums. It’s like buying a house a expecting you’d never need to renovate it or upgrade it.
NBA turned it into fanbase vs fanbase. Im sure CMD is a good guy but we are all after the same thing
dstep, our city council might be a prickly, obnoxious bunch, but having a reluctant bunch of snobs allowed for our deal to be thoroughly considered in all aspects, amended where it needed to be or simply was desired to be, and vetted in all of the necessary ways. We might not like it, but it errors on the side of caution for public investment, which might make us miss out on opportunities or get us a better deal in the end. There is a lot to be celebrated about Sac’s politicians being motivated to help keep the team, but there’s also got to be some concern that they’re simply caving to pressure and rubberstamping a deal that will greatly leverage an already over leveraged city without doing their due diligence.
I posted last night that we shouldn’t purport to know what’s best for Sacramento, that comes off as foolish, biased, and arrogant, but I think we can freely discuss the merits of the deal itself and question the process of approval.
Not sure why you can’t criticize the deal. I love the sonics but that doesn’t mean there are deals out there that I wouldve been against. Also, I think most are criticizing the deal based on the comparison of it to the deal in Seattle
Careful, careful fellow NBA fan. I will not speak for anyone else here, but I have nothing but respect for the effort KJ/Sac has put forward. In the absence of expansion - - Hell yes, I’ll take there team. With the up most respect Cowboy, this is business & the NBA. Saddle up, because this is the ride.
Yes, I wouldn’t dream to purport what is best for Sac. All I know is the reported economics of the City. There is merit in everyone debating the merits of both deals. They can debate ours - - - we can debate theirs. Just keep it
respectful and understand that we both want the same piece of meat since the NBA deems no other meat is available.
While I agree with this sentiment. I think the NBA would in turn say that its just business, and the fans of each fan base have perpetuated the arguments and the resentfulness. By arguing over a private business acquisition; just so happens that a lot of people care :)
Well said - - - - - Home ownership = Maintenance.
With the absolute risk of sounding like a total suck-up. Thank you for sharing this knowledge. Keeps the rest of us yayhoos informed.
He’s doing everything he deems warranted to be heard for the Sac story. The BOG doesn’t care what CMD does. I applaud his Rally the Troops. He spins the story to fit the Sac cause Good for him - - - I would expect nothing less.
Much respect to Carmichael Dave coming through here (assuming it’s the real one of course)
We’ve exhausted about every possible discussion in regards to E, relocation, etc, but I do genuinely hope there’s a way that both cities can be happy, even if it means someone has to wait a few years.
That being said, I’m so ready to get 4/3 and 4/18 over with. No matter what happens, this whole ordeal has been too draining. I just want to know if I should start putting aside some money for Sonic tickets or if I’m going to have to wait a while and give it to the Seahawks in the meantime ;p
FK’d Carmichael Dave, he is a looser.
Carmichael Dave can drive around every city in America for what it;s worth
but those cities wont be making the decision to approve or disapprove the move.
The Sonic Gate guys who used to show up in different arenas when the Thunders
plays with their Zombie Sonics outfits, should go to NY city on April 3rd and represent all the Sonics fans and let it be known to the owners arriving to the meeting that the Sonics fans are excited and are ready for the new Sonics to come
back.
I just hope that Carmichael Dave wont be there with his Partridge Family bus with
a big Sacramento logo on it , and Carmichael Dave with a megaphone announcing to reject the Seattle deal.
That would really suck !
From the ESPN report on tonight’s Kings / Sixers game…
Forgive me if I missed that figure being mentioned somewhere in a previous thread…
… but $447mill now? That’s gone up a fair bit, hasn’t it? Wasn’t it $400mill flat just a week or two ago? Not good for Sacto if that figure keeps going up, surely.
To each their own…I don’t have it in me to respect someone that is admittedly lying/misleading to people to get people to believe in their cause. Not to mention a guy who enjoys telling people what he’d do to their wife or mom…
I’m really having a hard time understanding this odd concept that supporting a sports team gives people the freedom to act in ways they wouldn’t act in any other situation and/or act in a way that is directly counter to how they would want others to act towards them.
I said it in a previous thread…the number one biggest difference I see in what happened with Seattle and what happened with Sacramento is that the people out in front of theSacramento are going out of the way to make it about themselves instead of making it about keeping the team.
Michael McCann @McCannSportsLaw 18h
Sacramento wows NBA w/$ for new arena, but only works if NBA rejects very strong Seattle bid + Maloofs accept new bid http://www.sacbee.com/2013/03/24/5288161/448-million-arena-deal-reached.html …
Wows the NBA. Please stop this nonsense
Yeah that is a reach…maybe something like NBA gets what it asked for would be appropriate but that doesn’t fit in the twitter character limit. I’m sure we will get some vague statements from the council today and also some more cheering from kj. At least now we have something to comb over to keep the conversation going :)
Leave it guys. Be classy. We don’t need to tell them how to do their business or rub anything in anyones face.
It was $390 if I remember correctly. Now I haven’t read the term sheet but I wonder if the increases in cost have to do with some of the ancillary land holdings that are being sold to Burkle but then developed. Maybe they count as part of the development for tax purposes or something. I am sure we will find out more.
Interesting Sac Bee article regarding the Arena and revenues from parking.
“THE EXACT DETAILS OF THE FINANCING WON’T BE KNOWN FOR MONTHS”
Fehr said the only significant financial risk would come in the early years, because the city is still paying about $4.7 million a year to repay debts on some of its garages.
To minimize that risk, Fehr said the bonds would be interest-only, with no principal payments, until much of that existing debt comes off the books in 2022.
In later years, as parking revenue grows, “surplus revenues return to the city,” Fehr said.
City officials said they used a somewhat similar process – borrowing against future revenue – to successfully finance construction of the Sheraton Grand hotel.
The exact details of the financing won’t be known for months. The city must conduct environmental reviews and sign a definitive development contract before it can sell the bonds.
“We’ve got a year before this project gets financed,” Dangberg said. “There’s a lot more work to be done.”
Read more here: http://www.sacbee.com/2013/03/25/5289968/sacramento-arena-deal-relies-on.html#storylink=cpy
http://www.sacbee.com/2013/03/25/5289968/sacramento-arena-deal-relies-on.html
So they don’t know the financial details and they are doing interest only at first which will actually cost more in te long run? Must be why te price moved north of $400 million. And does this account for the $57 million they owe on the loss of exemption for the garages? That payment is due immediately.
They allow reasonable discourse from a Seattle viewpoint.
Has it been established, definitively, if Hansen would get Sleep Train Arena in the deal? If so, it’d make a nice D-League arena, no?
McCann is usually pretty objective. He’s from NBA TV, he’s not a Sac or a Seattle guy. But the more details, or lack thereof, come out about this deal, I think there is less “wow” factor.
Another thing I don’t understand, just from a logic standpoint…isn’t using parking revenues to pay for an arena where people would likely avoid paying high parking rates kind of a weird idea. Not that it really matters to me, but I always thought this was the exact opposite way of thinking for a downtown arena. You would (I think) want fewer people driving downtown and more people utilizing public transit to alleviate traffic and be more eco-friendly. Just my random two cents (again, it doesn’t really matter what I think just thought it was an odd way of doing things).
“About $20 million in annual hotel tax revenue would be used as a backstop to increase lenders’ comfort levels.”
I don’t get how this works, so does this mean that the city has to a one time withdrawal of $20 million and put it in escrow to basically secure the bonds? Then if there’s a shortfall in repayment of the bonds the city has to again pull from the hotel motel tax to fill in the shortfall.
How can the city afford to take out $20 million from the hotel motel fund???
From what I understand they get $20 million from hotel taxes that go into the general fund. So basically this is a way to use the general fund as a backstop but not actually say they are using the general fund. Again, not my place to tell the council what to do, but this would be the first thing I would say wait a minute too (assuming I understand it properly).
Field of Schemes will have a detailed analysis of the Term Sheet today. THIS will be good. Sactown fans were already getting after him because of his comments about the parking garage $$$ shell game.
http://www.fieldofschemes.com/2013/03/25/4779/sacramento-term-sheet-to-pay-for-kings-arena-with-perpetual-parking-revenue-machine/
Should be an interesting read. Again, don’t always agree with him, but he is always consistent and knows how to get to the devil in the details.
I just posted it. He is always consistent, so not sure how they could get too mad at him.
Key point here; “What the Sacramento city council will be voting on, as soon as this Tuesday, isn’t actually this financing plan. Rather, it’s just a nonbinding term sheet for a financing plan, which means there will be need to be another council vote down the road to actually approve the money. And while a positive council vote this week would certainly be a good sign for the NBA, the league is going to have to be at least mildly concerned that if it rejects the Kings’ move to Seattle in April, this Rube Goldberg scheme of a finance plan could be discovered to be unworkable before it came to an official vote, and then everyone would be back where they started.”
It does seem a bit extreme, but McCann is well-connected, and I doubt he would write that unless he had picked up some feedback from elements inside the NBA.
What I’m more curious about is whether we hear anything from Stern on the term sheet. If he goes on record with anything about how “strong” the arena proposal is, or congratulates Sacramento on “getting it done,” then I think we should start worrying about getting shafted a second time. If not, I would take it as a sign nothing about the situation has changed.
I wouldn’t read to much into the wow on this, but then again I don’t know if he is actually referencing anything he has heard.
How does McCann know this?
I doubt it would be supported after they lost their NBA team. I guess they can do what Seattle does with the Key.
I’m cheap . . . I never use parking garages if I don’t have to unless they are as cheap as parking on the street. Down by the CLink and SAfeco I never use those parking garages because it takes forever to get out of the parking garages. I would rather take the time to walk to my car and then get out of the traffic as soon as possible. I am also someone who doesn’t drive around forever looking for the closest parking spot.
I remember parking far away from the arena just because it was free, and then taking the bus the rest of the way. I also remember walking a good mile or so just to park on the street.
Yeah, I would just park on Occidental behind that Jack in the Box, but the new arena may be taking some of that away. Either way, there is a way to get parking without paying if you really want it. And Sacramento has light rail lines right to downtown plaza. Again though, not my decision on how to pay for the arena.
I would get there early and just go to Pyramid for a couple beers. Cannot wait until the light rail actually makes it to Northgate and points north.
I can’t wait until this is a thing; http://seattlesubway.org/
So I was at South Center last night, and again I was amazed at all the people in the mall wearing Sonics gear. It seemed like I saw more Sonics gear than Seahawks, Mariners and Sounders. And then to see Sonics gear in store front windows, I couldn’t help but smile. This is really happening!
I wish.
If you really want a “do’h” moment, google Virgil Bogue Plan Seattle. Tried building a massive subway system back in 1910′s, comparable to NY and London
Yeah, would be nice and better than the shared use street car idea McGinn is all about for the region. But they really do need to get something to the outlying neighborhoods where all the people/nightlife are. And it wouldn’t hurt to have some sort of line along the 405 corridor either but that is too much wishful thinking. Sure would have been nice to get that transit money back in the 70s….
better than the gondola idea for sure.
The massive freeway/transit they tried to do here that we turned down the money for in the 70′s? Atlanta put it to use, built their system with it
Oh I know. Been to Atlanta a few times and the system is great (can’t say so much for downtown Atlanta though). I guess every city has their short sighted moments. i suppose we wouldn’t have the Seahawks or Mariners had we not built the Kingdome instead…
The way I see this bid thing….
We get out bid in, and that’s it while ago. No real news other than arena updated renderings, and a ticket priority list.
Sac throws out a bid, and it’s not good enough. “should have ended right there”. Instead, while we have everything together, and are waiting on the side lines, sac gets to play the hot cold game, until they get it right, and then we’ll go vote at the bog. Seems fair, right? lol. Now they get to play merry go round with investors, and lead “whale”. Constant feel good news for the other side.
Maybe they should postpone the bog vote, so they can line up a few more whales, just to be safe.
Should have been one submit of a plan, and that’s that. No hot or cold games while the other side sits in limbo. Bring your best deal, and then a vote. Not sure why they are making this into a circus.
It’s like a hot girl who “accidentally” pits two friends against each other. She tries to play it off like she doesn’t want them to fight, but secretly she loves the attention.
It’s like a girl who “accidentally” pits two friends against each other. She tries to play it off like she doesn’t want them to fight, but secretly she loves the attention.
I spent yesterday playing the PC game I’ve been beta testing for awhile now and it seems like something happened. I’m not sure what, I decided to not read the site for a day after being irritated by this whole process during the time a few posters here hit the panic button after the news broke of Sac’s non binding term sheet.
I sympathize with KennewickKrunk’s frustration though. I understand it totally. I agree that this should have been over when KJ’s low ball “bid” was rejected. But the situation is what it is and we just have to muddle through until the 3rd and then the 18th or 19th whenever the vote happens. I hate being left in limbo but there’s not really anything we can do about it.
LOL. This is a way for the NBA to extort every last dime out of Sacramento on their way out the door. They learned a lot from the Seattle heist when Bennett/Stern showed their cards early and we quit going to the games.
Anyone wanna lay odds on KJ losing his mind when the Kings move?
Might be a ways away but good idea none the less.
Pretty bold move to actually bring funds that supports general services into play. I don’t get why any government would want opponents to even partially right when they make the standard “what about schools…police…etc” argument.
It is kind of kindling on the fire of his critics in Sacto who have said he has put more important things (did I just say that?) on the back burner in lieu of the Kings.
It is interesting how everything that comes out Sac is positive. I think if you look what they have accomplish fairly, they are coming up well short in terms of time and focus.
They aren’t really giving the people there time to fully consider what the arena deal actual is.
They are spinning low ball offers as equal.
At the end of the day, if the team moves, how confused are people going to be in Sacramento?
If the team stays, I hope the whales have truly stepped up. At this point, they haven’t.
He’s a one issue mayor, basketball, said one citizen at the town hall meeting. lol
Completely agree, and this is exactly why I have lost confidence. Why has the NBA held Sacramento’s little hand EVERY step of the way? Just to avoid bad PR? I don’t buy that. I don’t see why they would go to the trouble. Besides, how much bad PR could there really be if the bid was just not competitive? You choose Seattle based on the stronger bid…not a big deal. I would not be at all surprised if the NBA postpones various deadlines and meetings to help Sacramento some more as KK suggests.
Instead, the NBA has coddled Sacramento, told them everything they needed to do and have likely greased the wheels to make it happen. At this point, I truly believe that the NBA wants the Kings in Sacramento so long as they got new owners and a giant public subsidy for a new arena. They got it. I think the game is rigged and little Sacramento has been led out of the woods by the NBA and Seattle is the sacrificial lamb.
But why? That is what I do not understand. To use a better city, a better ownership group, and a better arena plan as leverage to get an inferior version (but still passable) of all of these things in Sacramento does not make sense, but that is what I think has happened. It really makes me angry, and maybe I am just a pessimist, but as Stephan A. Smith loves to say, I think THE FIX IS IN. Yuck!!
David Stern doesn’t just want to relocate a team when a city has tried to bankrupt itself to keep it. This would dissuade cities from doing just that in the future. So he’s going to let them go through with their offer and arena plan, reject it on whatever basis he and the B.O.G. want (publicly, at least, as really it will be about $$$), and then let them know that if the “E-word” ever applies or if the Bucks/Pacers/Bobcats need to move, they can use this plan as a starting point for it.
It would be bad show just to shut them down now since they are going to lengths to try and keep the team. Stern and all the rest want to encourage this sort of thing. So yeah, it sucks that they are getting five million chances to try and at least match after every screw-up they make, but I understand why this is happening.
I don’t go onto sonicsrising for 2 days and I miss a thousand posts. Holy crap this sites popping.
Anyone care to give me the cliff notes version of what the main talking points are on Sac’s new arena? As unbiased as possible :D
darknessspreads
thats so BULL NBA doesn’t give a rip on the economic issue of a city.
can we stop with the whole NBA is holding sacramento’s hand BS. Its very very annoying. NBA WILL NOT delay the vote.
Um, I don’t think that I ever said that they did. I DID say that they want to foster the sort of slavish devotion that cities like Sacramento have to their teams and to the NBA - so slavish that a city will risk bankrupting themselves to keep a team.
That is not the sort of attitude that Stern will just turn down. He wants to foster it. Thus, Sacramento getting a million chances.
can we stop with it for god shakes that stern wants to hold sacramento hand and show them how to screw seattle. enough of it.
No offense, but you aren’t even replying to what I said. If you cannot do so in a civil manner, please just stop replying to me at all. Thank you.
Here we go….city is giving around $220 million in parking revenue. Then something like 40 million in land to Burkle (it totals 255 but close enough). Kings/Burkle putting in around 190. So you get a new value of $445 or so. The parking revenue is coming from a non-profit they are making and that will pay out $9 million a year to the bonds plus a mystery $3 million and then some in profit (field of schemes calls this part the funny math). They don’t have the exact location on the site picked yet and they have a lot of TBD on the actually financing (like it is a year away before they even know that stuff).
This led to a major freakout by many a person on here or lulled everyone else into a holding pattern basically. Now we just are waiting on the vote and dissecting the details of the proposal and its particular issues.
well then, what do you call the hot and cold game we’re playing? After their “accepted bid finally comes out”, do we get to play hot and cold to beat it before the vote?
I can see this being a real possibility. And in case people haven’t read his previous posts I am pretty sure he says this is in the bag for Seattle 99.9% and just doing a lot of perception stuff with the whole deal.
Sorry darknessspreads. I’ll be more civil.
No, because they will not be offering more than the Hansen offer.
I am to blame for this as well, but maybe we all should take a deep breath and just let the roller coaster get back to the gates and just analyze the facts.
Barelyable, that was fantastic and much appreciated!
Does the current Sac proposal sound like one the Maloofs would have agreed on AND STUCK WITH?
Has the offer from the Sac group been increased to match Hansen’s yet?
Thank you, sir.
And BarelyAble explained it nicely. I think that all of this is mostly for show in order to be able to keep encouraging cities to go all out while still approving the better deal to Seattle.
I also think that there is a second part to this whole thing and the NBA will be back in Sacramento in the next five to six years. They will get the first crack at the Bucks or Pacers, and Silver will cite that they worked so hard to try and keep the Kings before, and so they get rewarded with the first shot at getting a moving team. This way, the NBA gets its cake (better deal in Seattle) and to eat it too (encouraging cities to go all out like the Kings did because the NBA will take care of you eventually if you do that).
I would call it Public Relations and a chance for Sac to show that they are a viable option for the next time a team is ready to relocate.
The assumption that Stern is holding Sac’s hand while he has been in communication with Hansen about obtaining a team doesn’t seem like reality to me. There’s no reason for Stern to poison the waters with Hansen / Ballmer especially since Stern has been trying to get Ballmer in the fraternity for years.
I think some people read the Sac sites and start believing what they think since they read it over and over again,
Lets all take a breath, decompress and realize that nothing that has happened is something that was unexpected except for the fact that they now have a new lead investor.
Almost a week to go until April 3. I suggest if you take everything that comes out to heart then stay away from the blogs, sites and twitter until April 3 or April 18 because there are going to be a lot of rumors and innuendos.
Doubt the maloofs would have stuck with it, but who knows. It does involve a bit more money than last time (something like $50 million more if you were to compare AEG/Maloofs to Burkle/Kings) but at least revenue shortfalls are backed up in this deal (i forgot to mention they will back up shortfalls with the 10-20 mill they get from hotel taxes….taxes that go directly to the general fund!). And we know nothing about a new offer. We have to assume it will be more, but I don’t buy the idea that Mastrov will keep his same amount in and the new guy will just add to that (basically because Mastrov would pay the same for 25% less in ownership and also have no say on decisions).
Yeah, and we should all remember that the NBA still talks to Hansen and Ballmer group daily and has been in contact with Mayor McGinn regularly as well. It isn’t as if they just said “Thanks for this offer, now wait until we hear from these guys and we’ll get back to you.”
Interesting. Thanks again barelyable.
We’re not playing the game, like Brian says, don’t ride the roller coaster.
Anyone get an email from Ticketmaster asking you to go to the Sonics priority ticket wait list? Seems strange that the major ticket company is formally supporting the priority list. Also should mean the list is a bit more formal than we’d think.
Found this report on Field of Schemes - it relates to the Railyards project from last year but since Sac seems to be building the funding off the same model large parts of it still apply to this new proposal … doesn’t seem to be good for the long term viability of this proposal (and as many of us have said, this project is just starting, the questions raised in this report will only magnify as time goes on as Sac attempts to get this thing off the ground).
http://tinyurl.com/azuhdzd
Particularly interesting quote from Page 6
“Could the esmates come in as planned? There are always uncertaines, both posive and negave, with respect toprojecons. But a basic analysis shows the projecons to be based on, charitably, best-case scenarios or, not so char-itably, a wing and a prayer. Rather than hoping for the best but planning for the worst, this arena proposal plans onthe best while ignoring the worst. Our advice to the team and the city is simple—the deal as it is currently structuredwill almost certainly create future financial problems for both enes. As such, either addional sources of revenueneedtobebroughtintoaddresstheserisksorthescaleoftheprojectshouldbereduced,suchthattherevenuesthatcan realiscally be expected to emerge will be able to support the expense”
To me, it’s exactly the way it sounds. It may not be the truth, but it sure seems this way to me.
Step back from the ledge.
Bottom line is the BOG needs to deny the sale in order for any of these Sac town efforts to matter at all. And unless they want to open a huge can of worms then there is no reason for it to be denied. In order to remain sane we need to always keep this in mind.
Why is the NBA continuing to hold their hand? I dont really know. But it isnt all that much different then what they did here.
The Sonics were gone the minute they were sold. Why did they go through the motions with Clay’s Arena proposal? Why did they do the whole Ballmer last minute arena proposal? Why did they make us think we had a shot too?
Exactly. Not to belittle the sacrifices of the English during WWII or to mess up a great marketing tool used by Ivar’s, but everyone should be sure to keep calm and carry on for the next few weeks.
I just got that too. Yes that is a little strange.
I wonder if Paul Allen is behind this
can we have a freak out in the other direction now?
What does it want you to do? Does it ask for credit card info? If not, then I’m not sure what it’s for.
It could have been there the whole time, but there is a Sonics page on ticketmaster.
http://www.ticketmaster.com/Seattle-SuperSonics-tickets/artist/806170?list_view=1&tm_link=artist_artistvenue_module
I got it too, awesome!
SO close to the finish line. Its been a long haul especially for the ones who have been doing this for 6 years. I understand the cynical approach of being fed or listening to all the positive news out of Sacramento and we have just been sitting here waiting hoping for this to all end. Well guess what we are going to be getting an ending very soon. We have made it this far; we are in the final stretch, the last ten yards if you will. We need to hold strong and TRUST CHRIS HANSEN. If the worst case scenario happens then it will and we have no control over it. Lets worry about that the day that it happens. Worrying about it before is just going raise your blood pressure.
TRUST CHRIS HANSEN and hopefully very soon we will be hearing Softy in tears on KJR welcoming the RETURN………
Wait when did you guys get it? Today?!
Looks like Ian is riding the roller coaster. Really Ian? you drop 30% because you see KJ pumping his fist and releasing a term sheet that everyone knew was coming that is full of no details.
Come on.
This is why the NBA is handling SacTown this way….
Talked to a guy @ my work whose family lives in SacTown and he says the majority average citizen believe the Kings are gone.
I can’t stand him sometimes.
In defense of Sacramento and Ian, let’s think back to 2008. What if Seattle had this plan presented before the BOG voted. We would be livid that the Sonics should stay. That was with Clay Bennett actually owning the team. Hansen doesn’t own the team yet and Sac has a proposal together.
I still like our chances and think the team should come to Seattle but I also know I would be adamant that the team should stay if the scenario were the same and it were 2008.
So is he only 30% now?
I do think the pull factors of Seattle (economics, history), Strength of ownership group with a signed PSA and solid arena plan should and will beat out Sacramento’s efforts though.
We were livid anyways but I get what you are saying. The problem is we never stood a chance because Bennett OWNED the team.
No what ever he was at and now is 30% lower.
Well he did just say the “new ” whale is a multi billionaire. So yeah who knows how in tune he actually is.
Yea i’m not sure where ian is getting that from.
The Sonics were gone the minute they were sold.
To Schultz or to Bennett?
I don’t understand why people are freaking out. On Wednesday, we were all ok and figured Sacramento would have an arena term sheet on Thursday. So they announce it two days LATE and now suddenly the sky it’s falling?
I just don’t get it.
He is 60%. He is totally riding the roller coaster.
lol well played.
I don’t either. Everybody chill the f___ out. Chris Hansen has got this.
$2.5 mm in expansion fees in his pocket says he wont
Microsoft, new arena in the Seattle market, revolutionary game night experience, large RSN possibility, corporate strength, affluent market, growing market, A SIGNED PSA, the return of the SuperSonics brand to the NBA, and what I presume, the Seattle ownership group and government doing EXACTLY what the NBA wants them to do during this process.
concentrate and remember on our strengths - that’s what the BOG will be doing.
Chris Daniels @ChrisDaniels5 25s
Jumpin on with @JasonPuckettKJR and @IanKJR on @SportsRadioKJR at 1pm to talk about the soap “As The Basketball Turns”. #NBAKings
I still think one of Chris’ “bullets” is going to be a formation of an RSN. CD said he is going to make his pitch based on long term economic feasibility, nothing better than an RSN. Root is a terrible network about to go under, the market is certainly ripe with the M’s looking for a new tv deal in 2015 (I think is when)
Ian Furness @IanKJR 8m
The great @ChrisDaniels5 joins us at 1:03 to update the #Kings to #Seattle story. @sonicsarena
Yea he really doesn’t know whats going on. He needs to realize BOG has to reject it before it can consider sac’s offer.
I would love for them to put together a RSN and stick it to the M’s by not including them.
i’m totally hopeful without ambivalence when it comes to the kings moving and morphing into sonics2, so don’t misread what i’m about to say. . . but i don’t think it’s proper to be too harsh against sacramento fans as fans. i mean, they love their town & team, they’re reacting in ways we should empathize with. then again, while i despise clay bennett and his band of thieves, i don’t think everyone who ever drove thru the sooner state is a bad person, either.
i remember when the colts snuck out of baltimore in the middle of the night. the worst part was when some indianapolis politician said, “sorry baltimore, but we’ll love the colts more than you ever did.” later, when the browns moved to baltimore, the then-governor of maryland, parris glendening (a tool) stood up and waved a browns mug and said, “hey, this is fun!” ugh. vomitus maximus.
i don’t think fans who’ve been thru what sonics fans have been thru should be too harsh on most fans from elsewhere. the dopes at str don’t differentiate between five or ten trolls and the hundreds of thousands of sonics fans who simply want a team again. we shouldn’t make the same mistake and call everyone from sacto or even okc horrible for simply liking the place where they live or grew up.
sezme.
Or hold them hostage. M’s may be planning to start their own, but if CH gets a head start they may not have a choice.
Daniels (on KJR) mentions things written into the contract that H/B/N has not played yet, potentially. That’s what I can’t wait to find out about. What poison pills did Hansen slip into the deal to buy the Kings? Is this just conjecture on Daniels’ part, or more likely does he have a source hinting at these poison pills?
I don’t know how well an RSN would work without the M’s. I suppose you could thrown in soccer and college sports to go with the Sonics and NHL, but that would still be a lot less lucrative without baseball.
Possibly. I dont see any other way. Because as it is now nobody is going to give them the type of money they claim they can get when their current deal is up. They are full of crap when it comes to those numbers.
But I still dont think that makes much sense. It still needs to be backed by someone major………NBC, ABC, Fox, or ESPN for it to really work. Fox and FSN didnt really work out so well. So what makes them think it would be different this time around?
Maybe one of the bullets the Hansen group has left is having the other Chris Hansen do a special investigation on KJ and his disturbing history with teenage girls.
(I’ve never actually seen the show, but that’s pretty much what it is, right?)
I’m berate the Mariners on here all the time and I agree. A truly lucrative tv deal would include the Mariners.
I missed the 1pm CD segment on KJR. Will there be a podcast of this? Was there any new info CD mentioned? Thanks!
I cracked open a new thread, so let’s migrate there when you finish your thoughts.
I agree too. It would have to include them.
I just wish it didnt have to. Just stick them with Root until they figure out how to do things right.
Yeah the Mariners would be asked to be included Im sure. I think the reason they are against this (at least were) was because they dont like that they are now going to have to go Hansen’s route to get more money from the CIty/State someday. It was about the bottomline at the game but also because of public subsidy that they now have to become much more creative to acquire.
You went there and said how Sac sucks, and called it ballsack royalty, and talked about Sonic Rings and stuff. You were the worst kind of troll, probably the single worst I’ve seen on either site. You are an embarrassment to Sea fans. I think the relocation is terrible, and I hope Sea fails, but I also hope Sea gets an expansion team. Sea is great city and got screwed, but screwing Sac worse than Sea got screwed (city has met every single request of NBA, even agreed on arena deal which NBA negotiated, only to get Maloofed.) is a bad look for NBA. Most likely one city will end up with a team, but with two magnificent owner groups and arena plans, as well as amazing fan bases, the NBA would be the real winner if they correctly let Sac keep Kings, and awarded Sea a team.
Um, wrong site. That isn’t sactown royalty buddy. I was getting bashed, so I bashed back. fair game, on a neutral site.
You know darn well you went there to troll and troll hard. You were vulgar and a jerk on every Ziller or STR thread. You are the person everyone says not to be. I lived in NW and have relatives still in Sea. I know NW is an amazing place, and you are in no way representative of the good folks there.