Saw that coming a mile away. I feel bad for Mayor Kevin Johnson - he worked hard for the funding for the new arena. Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details Maloof economist saying revenue projections for arena deal are "massively overstated" 10m Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details Economic guy saying revenue projections for current arena deal are simply not valid numbers 12m Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details Looking around room where press conference is being held, can't believe this is happening 16m Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details Maloof attorney says terms of current deal are unrealistic and unacceptable 17m Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details All indications are Maloofs are about to announce they will file for relocation 19m Bryan May @BMayNews10 Reply RetweetedRetweet Delete FavoritedFavorite · Close Open Details Maloof attorney says David Stern would support a move if this arena fails. Looking like Maloofs will announce move?
Here's Bryan May's twitter feed: https://twitter.com/#!/BMayNews10 Live streaming meeting (fair warning - production qualities are not as good as HCPs!!!) http://www.news10.net/video/liveonline/default.aspx
George Maloof coming off as a major douche, good god. I feel bad for Kings fans. A lot of finger pointing and bad mouthing the city. I can't see how this ends but them relocating.
From what I gathered, the city was asking the Maloof's and AEG to take on potentially $160 million of potential debt in year 1 if the city could not support the project out of its general fund. If that's true, I no longer feel sorry for KJ, and I question his ability to read a profit/loss statement.
The NFL Saints owner bought the Hornets. http://espn.go.com/nba/story/_/id/7...wner-tom-benson-lines-buy-new-orleans-hornets
The owner of the Detroit Red Wings owns the Detroit Tigers as well. Stank Kroenke owns like every professional sports franchise in Colorado including the Nuggets.
Why should Seattle be considered over Vancouver? Van has an arena -- Rogers Place Arena was renovated not too long ago.