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NBA in Seattle

The latest news about the NBA's possible return to Seattle.

March 22, 2013 at 11:21 AM

Friday links — No arena financing plan yet in Sacramento

As I type this at 11 a.m., the city of Sacramento has  yet to release the term sheet detailing the financial plan for a proposed  new downtown arena.

It had originally been scheduled to be released on Thursday, with the city then hosting a few public forums in advance of an expected vote on the plan by the City Council Tuesday night. Even without a plan to discuss, the city held a hearing last  night anyway (details here).

However, a new lead investor was revealed on Thursday, Vivek Ranadive, who is currently a part-owner and vice chairman of the Golden State Warriors (bio here).

You can read all  the Sacramento Bee’s coverage here including a live chat scheduled for 11:30 a.m. Friday.

Also, here’s a rather pessimistic view of what little details have arisen of Sacramento’s plan from FieldofSchemes.com.

Comments | More in Links | Topics: Sacramento arena


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