HFBoards  

Go Back   HFBoards > General Hockey Discussion > The Business of Hockey
The Business of Hockey Discuss the financial and business aspects of the NHL. Franchise sales, valuations, TV contracts, ratings, expansion, relocation, the CBA and work stoppage discussion goes here.

NBA Sacramento Kings situation: April 2012 UPD: Deal to stay put crumbles

Reply
 
Thread Tools Search this Thread
Old
03-02-2011, 12:50 PM
  #51
bosshogg18
Registered User
 
bosshogg18's Avatar
 
Join Date: Oct 2009
Location: Lyle, WA, Tacoma, WA
Country: United States
Posts: 175
vCash: 500
Quote:
Originally Posted by Brodie View Post
Just give the team to Seattle. Please.
THANK YOU!!!

bosshogg18 is offline   Reply With Quote
Old
03-02-2011, 12:58 PM
  #52
bosshogg18
Registered User
 
bosshogg18's Avatar
 
Join Date: Oct 2009
Location: Lyle, WA, Tacoma, WA
Country: United States
Posts: 175
vCash: 500
Quote:
Originally Posted by Acesolid View Post
I agree, Seattle or Vancouver deserve to have an NBA team back. The tragedy that happened to the Jets and Nordiques is so similar to what happened to the Seattle Sonics. I might even get back to watching some Basketball if it happens.

Have any of you seen the Documentary on how the Sonics move happened? it's just so sad.
I agree. It was/is very sad. It hurts even more that OKC is one of the best young and upcoming teams in the entire NBA...and this should all be happening in Seattle. 41 years down the drain.
I just wish David Stern would have tried 1/100th as hard to keep the Sonics in Seattle as he has to keep Coyotes in Glendale. Something could have been worked out to sell team to Steve Ballmer and have a written promise from the NBA to give next expansion/relocated team to OKC. 41 YEARS!!!

bosshogg18 is offline   Reply With Quote
Old
03-03-2011, 06:37 PM
  #53
Clowe Me
Registered User
 
Clowe Me's Avatar
 
Join Date: Dec 2008
Location: Redding, Ca
Country: Uzbekistan
Posts: 10,079
vCash: 50
Quote:
Originally Posted by bosshogg18 View Post
I agree. It was/is very sad. It hurts even more that OKC is one of the best young and upcoming teams in the entire NBA...and this should all be happening in Seattle. 41 years down the drain.
I just wish David Stern would have tried 1/100th as hard to keep the Sonics in Seattle as he has to keep Coyotes in Glendale. Something could have been worked out to sell team to Steve Ballmer and have a written promise from the NBA to give next expansion/relocated team to OKC. 41 YEARS!!!
So, its ok for the NBA to take our local basketball team away (as stated by your emphatic thank you above,)but it was sad that yours got taken away?

Double standards.

Clowe Me is offline   Reply With Quote
Old
03-04-2011, 12:11 AM
  #54
The U
Sacco must go
 
The U's Avatar
 
Join Date: Mar 2011
Location: Las Vegas, NV
Country: United States
Posts: 1,928
vCash: 50
Maloof should just get the nba to approve moving the Kings to vegas.

The U is offline   Reply With Quote
Old
03-04-2011, 12:38 AM
  #55
Pinkfloyd
Registered User
 
Pinkfloyd's Avatar
 
Join Date: Oct 2006
Location: Roseville
Country: United States
Posts: 23,433
vCash: 500
Quote:
Originally Posted by f1greg View Post
Maloof should just get the nba to approve moving the Kings to vegas.
They'll have the same problem in Vegas that they do in Sacramento. Nobody to build them a new arena for them to make money at.

Pinkfloyd is offline   Reply With Quote
Old
03-04-2011, 07:56 AM
  #56
rj
Registered User
 
Join Date: Jan 2007
Location: North Carolina
Posts: 934
vCash: 500
Quote:
Originally Posted by Haymaker View Post
Kind of sad that an arena that was only built in 1988 is considered "outdated"...
It's an excuse. It's not real. The Maloofs are broke from their casinos in Vegas, so the only card they can play to try and get more money is the Kings.

http://sports.espn.go.com/espn/page2...1&sportCat=nba

Quote:
So it took a few years to adjust, but now we're here. With a crippling lockout looming, half the league felt obligated to do ... something. You could split the motivations of the 30 franchises into eight groups.

• Motivation No. 5: "We need to save money -- our owners who may or may not be three brothers who made the mistake of building a second wing of their Las Vegas casino right as the economy was crashing and now are discreetly trying to sell that casino and are trying to move their NBA team to another city as long as you give them a $100 million interest-free loan so they can pay the relocation fees because they couldn't be more broke right now."

rj is offline   Reply With Quote
Old
03-04-2011, 08:08 AM
  #57
rj
Registered User
 
Join Date: Jan 2007
Location: North Carolina
Posts: 934
vCash: 500
Quote:
Money... Probably more to be made in Anaheim vs. KC. If the Maloofs continue to own the team, they could push the Clippers to #3 in the area since Sterling doesn't spend jack on the Clippers. If the Maloofs spend money, NBA players would want to play in Anaheim.
I don't see an Anaheim NBA team working. The Clippers works because people go to see other teams, those people aren't driving out to Orange County for the same thing, and the Maloofs won't spend money because...they're broke.

rj is offline   Reply With Quote
Old
03-04-2011, 11:13 AM
  #58
Mwd711
Registered User
 
Join Date: Jan 2006
Posts: 557
vCash: 500
Quote:
Originally Posted by rj View Post
It's an excuse. It's not real. The Maloofs are broke from their casinos in Vegas, so the only card they can play to try and get more money is the Kings.

http://sports.espn.go.com/espn/page2...1&sportCat=nba
I'm not sure I'd say it's an excuse. I posted earlier in the thread about the Maloofs financial problems. I do think that has spurred the urgency of the relocation talk but the Arco does need some serious upgrades. It's plenty serviceable as an arena, but as an NBA arena, not so much. It only has 30 suites and 440 club seats. That's mind boggling for any major professional sports team. Most sports arenas have at least a 100 suites and a 1,000 club seats. In 2002, NBA arenas averaged 90 suites and 2,000 club seats. The Kings are well below that standard and it's nearly 10 years later. Surely, that number has risen even higher, leaving the Kings further behind. The Honda Center in Anaheim has 84 suites and 1700 club seats.

It's the same problem that the Charlotte Coliseum had. Built at the same time, it also lacked modern facilities and the Coliseum is now long gone and the Hornets went with it. The Orlando and Miami arenas were built after the Arco and have been replaced. Target Center in Minny has undergone renovations and is about to undergo another modification while the Arco sits there.

The Arco also needs things like new scoreboards, seats, structual renovations, etc. And just for comparison sake, we can compare the Arco to the Detroit Pistons' Palace. They opened the same year. The Palace has 195 suites and 1500 club seats. The Palace has been continuously updated and it shows. The Arco was built on the cheap and never upgraded. The Palace cost $70 million to build while the Arco was only $40 million. While there is talk of moving the Pistons out of the Palace for a shared arena with the Wings, that's largely for competitive reasons, not because the arena is dated at all. If the Arco was built properly, and kept up to modern standards, I don't think there would be much of an issue. Unfortunately for Sacramento, it wasn't and the fans may be the ultimate losers in all this.

Mwd711 is offline   Reply With Quote
Old
03-04-2011, 08:00 PM
  #59
Brodie
only I may dance
 
Brodie's Avatar
 
Join Date: Mar 2009
Location: Michigan
Country: United Kingdom
Posts: 9,043
vCash: 500
why doesn't the Costco dude or Schultz or whoever just make a better offer than Samuli

I know the arena situation sucks, but once there's an actual team I'm sure the government will work things out

Brodie is offline   Reply With Quote
Old
03-04-2011, 08:49 PM
  #60
Pinkfloyd
Registered User
 
Pinkfloyd's Avatar
 
Join Date: Oct 2006
Location: Roseville
Country: United States
Posts: 23,433
vCash: 500
Quote:
Originally Posted by Brodie View Post
why doesn't the Costco dude or Schultz or whoever just make a better offer than Samuli

I know the arena situation sucks, but once there's an actual team I'm sure the government will work things out
The Maloofs aren't selling to Samueli though. They're offering 100 mil just to go down there. Nobody here can offer him money w/o selling the team as that would be a rip-off. As for the arena, there isn't any money to build it with. The city, county, and state are all broke so it can't come from the government and taxpayers aren't going to foot the bill either.

Pinkfloyd is offline   Reply With Quote
Old
03-04-2011, 09:41 PM
  #61
Mike in MN
Registered User
 
Mike in MN's Avatar
 
Join Date: Nov 2008
Location: South St Paul
Country: United States
Posts: 168
vCash: 500
Quote:
Originally Posted by Mwd711 View Post
I'm not sure I'd say it's an excuse. I posted earlier in the thread about the Maloofs financial problems. I do think that has spurred the urgency of the relocation talk but the Arco does need some serious upgrades. It's plenty serviceable as an arena, but as an NBA arena, not so much. It only has 30 suites and 440 club seats. That's mind boggling for any major professional sports team. Most sports arenas have at least a 100 suites and a 1,000 club seats. In 2002, NBA arenas averaged 90 suites and 2,000 club seats. The Kings are well below that standard and it's nearly 10 years later. Surely, that number has risen even higher, leaving the Kings further behind. The Honda Center in Anaheim has 84 suites and 1700 club seats.

It's the same problem that the Charlotte Coliseum had. Built at the same time, it also lacked modern facilities and the Coliseum is now long gone and the Hornets went with it. The Orlando and Miami arenas were built after the Arco and have been replaced. Target Center in Minny has undergone renovations and is about to undergo another modification while the Arco sits there.

The Arco also needs things like new scoreboards, seats, structual renovations, etc. And just for comparison sake, we can compare the Arco to the Detroit Pistons' Palace. They opened the same year. The Palace has 195 suites and 1500 club seats. The Palace has been continuously updated and it shows. The Arco was built on the cheap and never upgraded. The Palace cost $70 million to build while the Arco was only $40 million. While there is talk of moving the Pistons out of the Palace for a shared arena with the Wings, that's largely for competitive reasons, not because the arena is dated at all. If the Arco was built properly, and kept up to modern standards, I don't think there would be much of an issue. Unfortunately for Sacramento, it wasn't and the fans may be the ultimate losers in all this.
Yup. That's what happens when you skimp on these facilities - their live span is greatly reduced. The great example here in Minny is the Metrodome. If the state had just spent 15-20% more on the original design, we wouldn't be having a debate over a new Vikings Stadium at $800 million +. Instead, we'd be talking about a 150-200 million renovation. Unfortunately, the basic structure is unable to be expanded enough. Compare to KC, who's older Arrowhead Stadium WAS able to be renovated.

At the press conference for the Target Center renovations, they mentioned the $150 million plan was less then half the price of a new arena ($400 million)

This is why I believe the new generation of sports buildings will still be here in 50 years - the underlying structures, or "bones" are much more adaptable to changing wants/needs

Mike in MN is offline   Reply With Quote
Old
03-05-2011, 10:51 AM
  #62
Marv4Life
Finally...
 
Marv4Life's Avatar
 
Join Date: Mar 2006
Location: Philthy
Country: United States
Posts: 2,752
vCash: 500
Also keep in mind Arco doesn't have light rail going near it. In the 80s and early 90s you could get away with a pro sports arena in the middle of nowhere but not anymore, unless you're a select few(Pistons).

Marv4Life is offline   Reply With Quote
Old
03-05-2011, 11:09 AM
  #63
LeftCoast
Registered User
 
LeftCoast's Avatar
 
Join Date: Jul 2006
Location: Vancouver
Country: Canada
Posts: 5,427
vCash: 500
Quote:
Originally Posted by Epsilon View Post
That's not really an issue, since they only actually have one. Although I guess you could argue the Lakers count as much as two teams.
And if the Kings go, Northern Cal won't have a professional basketball team.

LeftCoast is offline   Reply With Quote
Old
03-05-2011, 11:19 AM
  #64
Pinkfloyd
Registered User
 
Pinkfloyd's Avatar
 
Join Date: Oct 2006
Location: Roseville
Country: United States
Posts: 23,433
vCash: 500
Quote:
Originally Posted by Marv4Life View Post
Also keep in mind Arco doesn't have light rail going near it. In the 80s and early 90s you could get away with a pro sports arena in the middle of nowhere but not anymore, unless you're a select few(Pistons).
This isn't really an issue with regards to Arco. The way that the area has developed, it's not in the middle of nowhere anymore and traffic isn't an issue either.

Pinkfloyd is offline   Reply With Quote
Old
03-05-2011, 01:46 PM
  #65
Melrose Munch
Registered User
 
Melrose Munch's Avatar
 
Join Date: Mar 2007
Posts: 12,911
vCash: 500
Why not just give the maloofs what they want?

Melrose Munch is offline   Reply With Quote
Old
03-05-2011, 03:11 PM
  #66
Pinkfloyd
Registered User
 
Pinkfloyd's Avatar
 
Join Date: Oct 2006
Location: Roseville
Country: United States
Posts: 23,433
vCash: 500
Quote:
Originally Posted by Melrose Munch View Post
Why not just give the maloofs what they want?
They already owe the city 75 million dollars and want the city to build them a new arena. Combine this with the little matter of the area being broke and you can see why they don't.

Pinkfloyd is offline   Reply With Quote
Old
03-05-2011, 06:58 PM
  #67
LadyStanley
Global Moderator
Elasmobranchology-go
 
LadyStanley's Avatar
 
Join Date: Sep 2004
Location: North of the Tank
Country: United States
Posts: 47,488
vCash: 500
Quote:
Originally Posted by LeftCoast View Post
And if the Kings go, Northern Cal won't have a professional basketball team.
Ignoring the Warriors?

LadyStanley is offline   Reply With Quote
Old
03-05-2011, 07:41 PM
  #68
kdb209
Global Moderator
 
kdb209's Avatar
 
Join Date: Jan 2005
Posts: 11,461
vCash: 500
Quote:
Originally Posted by LadyStanley View Post
Ignoring the Warriors?
Uhhmm - I think that was along the lines of "If Hamilton got an NHL team, then Toronto would want one too".

kdb209 is offline   Reply With Quote
Old
03-05-2011, 08:00 PM
  #69
Brodie
only I may dance
 
Brodie's Avatar
 
Join Date: Mar 2009
Location: Michigan
Country: United Kingdom
Posts: 9,043
vCash: 500
aren't the Warriors better than the Kings?

Brodie is offline   Reply With Quote
Old
03-05-2011, 08:15 PM
  #70
kdb209
Global Moderator
 
kdb209's Avatar
 
Join Date: Jan 2005
Posts: 11,461
vCash: 500
Quote:
Originally Posted by Brodie View Post
aren't the Warriors better than the Kings?
This year (and the last couple) yes - but Longer term, nope.

The Warriors under the Cohan regime were pathetic - making the playoffs once in 16 years. During that stretch, the Kings won their division twice and made the playoffs 9 times (including a 7 game loss to the Lakers in the Conference finals in '02. The Warriors have not had an NBA All Star since 1997 - the longest stretch in the history of the NBA ASG.

But despite on-court futility, the Warriors have managed to keep decent fan support.

kdb209 is offline   Reply With Quote
Old
03-06-2011, 12:01 PM
  #71
jiggsawpuzzle35
Registered User
 
jiggsawpuzzle35's Avatar
 
Join Date: May 2007
Location: The 949
Posts: 1,267
vCash: 500
Lakers fan here and Duck's season ticket holder. I would welcome the Sacramento basketball franchise here and would get mini plans as long as they change their name. Most people here in Orange County don't want to make the 90 min trek to Staples Center on a weekday so having a pro team here would be nice. I feel bad stealing another cities team because we lost the Rams back in 95. It's a shame the idiot Donald Sterling doesn't just sell the Clippers already and have the Ducks owner move them to Anaheim. In a perfect world, the Clippers would be in Anaheim and the Kings would still be in Sacramento. Interesting tidbit, the Seahawks were already on their way here back in the late 90's until the city of Seattle somehow finally approved a deal for a new stadium. There could be hope the Kings would stay put in the state capital.

jiggsawpuzzle35 is offline   Reply With Quote
Old
03-07-2011, 09:30 AM
  #72
Marv4Life
Finally...
 
Marv4Life's Avatar
 
Join Date: Mar 2006
Location: Philthy
Country: United States
Posts: 2,752
vCash: 500
Quote:
Originally Posted by Pinkfloyd View Post
This isn't really an issue with regards to Arco. The way that the area has developed, it's not in the middle of nowhere anymore and traffic isn't an issue either.
Not everyone has a car, and from what I've heard online recently other than state of the arena getting there isn't as easy as it seems.

Okay, the Warriors don't play in a downtown setting, but at least it has a BART station close by. Maybe it's a small factor into how they continue to maintain good-to-excellent support despite sucking year-in year-out.


Last edited by Marv4Life: 03-07-2011 at 10:13 AM.
Marv4Life is offline   Reply With Quote
Old
03-07-2011, 10:06 AM
  #73
AtlantaWhaler
Thrash/Preds/Sabres
 
AtlantaWhaler's Avatar
 
Join Date: Jul 2009
Location: Atlanta
Country: United States
Posts: 8,565
vCash: 500
Quote:
Originally Posted by ArcticSharkie View Post
So, its ok for the NBA to take our local basketball team away (as stated by your emphatic thank you above,)but it was sad that yours got taken away?

Double standards.
Welcome to the Business Forum. This is the theme here.

AtlantaWhaler is online now   Reply With Quote
Old
03-07-2011, 02:44 PM
  #74
Pinkfloyd
Registered User
 
Pinkfloyd's Avatar
 
Join Date: Oct 2006
Location: Roseville
Country: United States
Posts: 23,433
vCash: 500
Quote:
Originally Posted by Marv4Life View Post
Not everyone has a car, and from what I've heard online recently other than state of the arena getting there isn't as easy as it seems.

Okay, the Warriors don't play in a downtown setting, but at least it has a BART station close by. Maybe it's a small factor into how they continue to maintain good-to-excellent support despite sucking year-in year-out.
Again, it's not nearly as bad as anyone will claim it is. I actually live around here so I know what it's like going to these games. If you expect to get around the Sacramento area, you better have a car. The public transportation is not good regardless of the area and there really is no remedy in sight for such an issue. Besides, the traffic around that area in the game time window is not that bad.

The people showing up or not showing up has nothing to do with the traffic or public transportation. It has to do with the fact that the team blows, owners aren't willing to spend money on players anymore, and the talks of relocation becoming more and more real. Customers are not going to invest in an owner who wants a free building or will leave. It's really as simple as that.

Pinkfloyd is offline   Reply With Quote
Old
03-07-2011, 02:50 PM
  #75
LeftCoast
Registered User
 
LeftCoast's Avatar
 
Join Date: Jul 2006
Location: Vancouver
Country: Canada
Posts: 5,427
vCash: 500
Quote:
Originally Posted by LadyStanley View Post
Ignoring the Warriors?
Your sarcasm detector needs an adjustment.

I'm a former Bay Area resident - the Warriors have sucked, choked and even strangled (no offense to P.J. Carlesimo) for so long that most basketball fans in the Bay Area consider them a joke and follow Cal, Stanford, the Lakers or Kings. I'm a USF alumni, but the Dons haven't done anything since Bill Russell left.


Last edited by LeftCoast: 03-07-2011 at 02:55 PM.
LeftCoast is offline   Reply With Quote
Reply

Forum Jump


Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:56 PM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2013 All Rights Reserved.