SEATTLE -- Sacramento considered their bid to save the franchise a done deal after the council preliminarily approved financial terms earlier this month.
The LA Times
reported Thursday, the Maloofs who own the Kings, have sent the City of Sacramento a letter citing feasibility concerns with the project, and even suggesting there was never an agreement reached.
That letter we have since learned was sent by an attorney who worked with the family to explore moving the team to Anaheim last year.
AMaloof spokesperson, suggested to KING5, the dispute was over who should pick up pre-development costs.
But the plan still needs to clear several hurdles, and there are multiple city council votes awaiting. The plan hinges on the city leasing parking meters, and selling land.Neither a vendor, nor a buyer has been identified yet.
The Kings have been viewed as a possible target to fill Chris Hansen's proposed arena in Seattle.
No comment from him on any of this Thursday.
Rose also said the family looks forward to resolving unresolved issues with Sacramento. They still anticipate the city will get it done by 2015, but if it cannot be completed by that timeline, the Kings would be forced to explore all their options.
In a statement Thursday, Mayor Kevin Johnson said, The success of the new entertainment and sports complex depends on complete trust and partnership among all parties. It was with that spirit that we all agreed to a deal in Orlando, including the Maloof family, who looked an entire room in the eye and promised their commitment to Sacramento. In light of the Maloofs' promise, we fully expect all parties to live up to their commitments.
NBA Commissioner David Stern even weighed in on the Sacramento arena deal, with the league agreeing to front some of the pre-development costs until the middle of next month.
Following the agreement in principle that was reached on February 27th, among the City of Sacramento, AEG and the Kings for a new arena, the parties have been attempting to reach agreement on funding the pre-development expenses that must be incurred in order for the project to move forward in a timely fashion. Those discussions have stalled but I have advised Mayor Johnson that the NBA will advance pre-development expenses on behalf of the Kings pending our report to the NBA Board of Governors at its meeting on April 12-13, he said in a statement released to KING5.
There are other roadblocks for Sacramento, though.
A group there is now collecting signatures to put the plan to a public vote.
All of this happening now just days before Seattle's arena panel is scheduled to meet for the final time and make a recommendation on Hansen's plan.
That meeting is slated for April 4 at 5pm at the Bertha Landes room at Seattle City Hall and is open to the public.
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