OT Sacramento looking to finance new arena; UPD NBA rejects relocation to Seattle bid
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03-01-2013, 10:07 PM
Join Date: Jan 2012
Originally Posted by
Bid from Marstov and Burkle officially submitted.
No financial details are known as of yet.
Next step, IMO is if the group can reach a viable arena deal with the city in the next month and a half. Could they really pull it off?
I have my doubts that they could. It just depends on how negotiations go and how fast they can come up with a deal that somehow has something where if parking doesn't provide enough the difference is covered. After that its city council review and who knows how long that could happen. The minority owner that wants to buy team and build arena 100% private could derail the city's plan.
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