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01-22-2013, 04:58 PM
  #51
Clowe Me
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Join Date: Dec 2008
Location: Redding, Ca
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Quote:
Originally Posted by SactoShark View Post
The NBA even offered to loan the Maloof's $3 million just to keep the project moving. They turned it down.

All this occurring shortly after this…

"There's going to be a beacon of light, shining bright, in 2015 — a brand new arena,"
- Gavin Maloof said after thanking Kings fans, Johnson, NBA Commissioner David Stern and arena operator AEG.

The city was going to take on a tax hike and even higher city parking so that the Maloof's could turn a huge profit on the new arena/enterainment center.

Now not only do they seem dead set on screwing the city and fans in Sacramento, they also seem dumb as **** when it comes to making business decisions.

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