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01-24-2013, 11:04 PM
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Join Date: Oct 2006
Location: Roseville
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Originally Posted by gstommylee View Post
Who's covering Cost over runs is a big issue, then the actually selling of parking garages to private group and the loss of revenue from that. It takes longer than 2-3 months to get an arena deal done.
Who was covering the overrun costs is irrelevant to the Maloofs because they weren't going to and it was never in the deal that they would. That was going to be the city's responsibility one way or the other. The deal didn't come together in just two to three months. The city had been working for about a year or so on a deal.

Originally Posted by CHRDANHUTCH View Post
AEG, in essence blocked the transfer to Anaheim, Pink Floyd, that's why the Anaheim deal collapsed because it infringes on the LA Market...
Got a source for that? It wasn't AEG that blocked that deal. Nobody really blocked the deal.

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