Sacramento council approves Kings arena deal
March 27, 2013
SACRAMENTO, Calif. (AP) - Sacramento is in a stronger position to convince the NBA to keep the Kings from moving to Seattle with a deal now in place to build an 18,500-seat arena downtown.
The Sacramento City Council voted 7-2 Tuesday to approve a deal that contributes $258 million to the $447 million project. The city plans to use money earned from leasing parking garages for events at the arena to help pay the public cost of the new arena on the current site of an aging shopping mall.
The other $189 million will come from the California investment group seeking to have the NBA negate a pending sale that would move the team and restore the SuperSonics name.
Opponents argued that the city should not be paying to subsidize billionaires.
Copyright 2017 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written
consent of STATS LLC and Associated Press is strictly prohibited.
9-2 L4 Days, +1,827 This Season
8-1 Run, 15-4 GPlays, 29-10 Totals
4-1 L5, 23-10 Streak, 8-1 Totals
4-1 L5 G-Plays, +1,754 This Year
11-2 L13, 18-6 L24 Guarantees
5-1 L6 G-Plays, 5-2 L7 Picks
6-2 L8, +1,475 Guarantees TY
6-1 Last 7 NBA Selections
11-4 L15 Guarantees, +1,214 TY
4-1 Yesterday, 15-8 L23 G-Plays
6-1 L7, 18-8 Last 26 NBA Totals
9-4 L13 Picks, 5-2 L7 Over/Unders
3-0 Last 3 Guaranteed Plays
With a VI Gold Membership, you can SAVE 10%
off a Live Odds subscription, SAVE 20%
off Daily Pick packages, and receive access to up to 1,000
Member Plays each month!