April 1, 2013 at 9:53 AM
NBA.com handicaps Kings saga, says Hansen may spend $20M more on KeyArena
With representatives of groups in Seattle and Sacramento set to meet on Wednesday in New York before the NBA’s Finance and Relocation Committee, NBA.com’s David Aldridge broke down the varying possibilities for the two cities in a lengthy lead section in what is his weekly Monday column.
Included is the news that the Chris Hansen-led Seattle group may today announce an additional $20 million in improvements to KeyArena, where the Sonics would play for at least two seasons while a new arena is built in the Sodo district. The arena agreement of last fall already pledged roughly $7 million in improvements and studying the future of KeyArena. (Previous sentence updated since first posted).
Hansen was seen touring KeyArena during the Pac-12 Women’s Basketball Tournament last month.
The Sonicsarena.com ticket drive also ends today and Hansen has said he would release results afterward, so presumably that will come today or tomorrow, as well.
The Aldridge story makes clear the importance of the Wednesday meeting in New York, but also makes clear it’s unlikely anything will be immediately known as a final decision won’t come until the NBA Board of Governors meets on April 18-19 in New York. He quotes several anonymous sources speaking to the difficulty of the decision and gives no indication either city is really ahead at the moment.
Aldridge’s sources, however, do indicate to him that expansion is likely not on the table right now.