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NBA in Seattle

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

Topic: Sacramento arena

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March 23, 2013 at 4:37 PM

Sacramento announces framework for an arena deal

Two days later than initially planned, Sacramento mayor Kevin Johnson today announced that the city has agreed  on a deal with a private investment group for a new arena designed to keep the Kings from relocating to Seattle. I’m pleased to announce an agreement w/ Burkle-Mastrov-Ranadive group on a public-private partnership to build a new ESC…

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March 23, 2013 at 2:13 PM

Saturday update from Sacramento Bee — Still no Sacramento arena deal

Sacramento city officials said Saturday they are continuing to work on a financing plan for a new downtown arena, designed to keep the NBA Kings from relocating to Seattle. But that plan, which the city originally hoped to unveil on Thursday, remains unfinished. The Sacramento Bee has details in a story published early Saturday afternoon, reporting…

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March 22, 2013 at 7:42 PM

Still no arena financing plan in Sacramento

Another day passed Friday without the release of details of an arena financing plan in Sacramento. It had been initially thought the term sheet would be released by Thursday, but as detailed in the blog posts below, that didn’t happen. There had been rumblings it would then be released today. But that also didn’t happen (though…

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March 19, 2013 at 8:38 PM

Sacramento officials say they still expect to release arena financing plan Thursday

The Sacramento City Council received an update Tuesday night on the progress of a financing plan  to build a new arena there designed to keep the Kings from relocating to Seattle. The Sacramento Bee has the details, and quotes city manager John Shirey saying the city remains on track to reveal the plan on Thursday….

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