Sacramento Kings Moving: NBA to Visit Sacramento to Assess City's Plan

By (Correspondent) on April 14, 2011

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Sacramento's last-ditch bid to keep its only major sports franchise, the Sacramento Kings, will be visited by an NBA committee that is assessing both Sacramento's rally to keep the team and Anaheim's proposal welcome the team. 

Joe and Gavin Maloof, along with other family members who own the Kings, originally had until today to file for relocation but NBA commissioner David Stern granted the Maloofs an extension until May 2 to file for relocation. 

According to a report posted on KCRA Channel 3's website, Steve Hammond of the Sacramento Convention Center and Sacramento Visitor's Bureau, has helped raise $7 million from investors and new season ticket holders and is confident that he and Kevin Johnson's task force will reach $10 million by the end of the week. 

The Sacramento Chamber of Commerce released the following on Monday concerning the city's recent efforts to keep the team locally: 

“The Sacramento Metro Chamber is currently working with the Mayor’s office in the ongoing effort to demonstrate that Sacramento has been and will continue to be a viable NBA market for the Sacramento Kings. The Metro Chamber’s work includes identifying existing business support, new business support and potential support for the team. The critical component of those three is identifying—immediately—new corporate suite holders and sponsors that bring new revenue to the table.”

 

 


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