Sacramento/Seattle Kings Update

Discussion in 'Portland Trail Blazers' started by THE HCP, Feb 28, 2013.

  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    The guy on 620am was just saying that the NBA is against the Seattle offer because the stadium is privately funded. Supposedly that is not sitting well with 3 other owners who are currently asking voters for tax payers to build them new arenas.
     
  2. jlprk

    jlprk The ESPN mod is insane.

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    You have just discovered a new theory for why referees are told to make bad calls against the Blazers.
     
  3. mobes23

    mobes23 Well-Known Member

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    Weird...the Seattle arena has a public contribution of $200M public money (NBA and hockey) or $125M (NBA only). Or something like that. Maybe they don't like that the private contribution is a bigger percentage than Sac?

    Could be that more than anything else, they like the threat of Hansen being out there to scare the politicians into giving them better arena deals.
     
  4. Fez Hammersticks

    Fez Hammersticks スーパーバッド Zero Cool

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    The franchise and their arena plans, this is going to cost over a billion.
     
  5. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I'll be honest, $625 million is enough money for Paul Allen to sell the team to Hansen and just give the deed to the Rose Garden to the city of Portland. The City of Portland is so fucked up they would let the Blazers out of their lease agreement in exchange for the Rose Quarter.

    Years back when PA was thinking about selling the evaluation of the team and the arena together was $300 mill.
     
  6. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    what good would the RG do the city of Portland if the main draw for the RG is gone?
     
  7. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    You mean like a $700 million streetcar that no one is riding?
     
  8. Sedatedfork

    Sedatedfork Rip City Rhapsody

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  9. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    Or that bridge that is only for Tri-Met and walkers...
     
  10. mobes23

    mobes23 Well-Known Member

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    Genius. Guessing the cheapskate owners won't like the idea of the Maloofs continuing to draw from the revenue sharing for the foreseeable future.
     
  11. mobes23

    mobes23 Well-Known Member

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    Lol maybe one of the other owners will step up and let Hansen buy their squad. The price is getting high enough, some of them may be thinking about it.
     
  12. OregonHuskerMan

    OregonHuskerMan Well-Known Member

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    I'm guessing Hansen will get the Kings, now that the Maloofs said they'd sell him 20% and keep the rest and completely refuse to entertain the offer of teh SAC based group.
     
  13. KeepOnRollin

    KeepOnRollin Well-Known Member

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    Sort of on-topic:

     
  14. THE HCP

    THE HCP NorthEastPortland'sFinest

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    I thought Phil hated rain!
     
  15. BLAZINGGIANTS

    BLAZINGGIANTS Well-Known Member

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    Phil makes it rain!!
     
  16. mobes23

    mobes23 Well-Known Member

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    So, the question is after:

    1. Blowing the doors off the Sac offer, with an increase in return to the Maloofs of $60 million
    2. Making a huge relocation fee off that would give $4 million to each of the other owners
    3. Guaranteeing not to be a revenue siphon (Hansen actually said the guarantee was to be a payor, meaning big budget payroll)
    4. Putting a back up offer to the Maloofs that would basically fund the Maloofs to continue as Kings own and continue to siphon league revenue
    5. Pointing out all the advantages his group had anyway (better funded, arena deal signed, land already purchased, permit and environmental review underway, etc.)

    ...has Hansen done so much that he's just PO'd the NBA and they reject him again?

    Second question, if he gets rejected, does he play nice or go scorched earth?

    Tomorrow should be an interesting day...the combined relocation and finance committees are meeting again. So the NBA isn't completely ignoring Hansen's moves
     
    Last edited: May 12, 2013
  17. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Man this is crazy! I thought the meeting was on the 15th.
     
  18. THE HCP

    THE HCP NorthEastPortland'sFinest

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    And what the hell does mobes23 mean!
     
  19. mobes23

    mobes23 Well-Known Member

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    The BoG meeting is on the 15th, but the finance/relocation committee meeting set up a teleconference for tomorrow and the Hansen and Ranadive groups are reportedly presenting in person to the finance/relocation committee on Tuesday. Each of the next three days should be interesting.

    Mobes was my nickname from college and it's a takeoff of my last name.
     
  20. THE HCP

    THE HCP NorthEastPortland'sFinest

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    So each group is presenting their cases AGAIN! I love it......Go Seattle!
     

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