OT Sacramento looking to finance new arena; UPD NBA rejects relocation to Seattle bid
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03-02-2013, 02:57 PM
Join Date: Jun 2002
Location: Seattle, WA
Originally Posted by
Sac got a deal done! But it took them 14 years. The Kings have needed an Arena since 1998.
First - I know your post is in jest but it brings up a point.
Sac's arena deal last year was at the very beginning stages. They hadn't even auctioned off the parking and there were various ranges of what they could get out of selling those leases. They had a "framework" of a deal that had a ton of details to be filled and a lot of pitfalls along the way.
Now, they are scrapping that plan and starting over again with loosely the same "framework".
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