ASW: Day 2 meeting
- Thread starter ReinadelosReys
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Rob McAllister @Rob_McAllister
City & Maloofs/NBA starting to assemble in same room to continue talks. All-Star Game still going, it's not clear when Stern plans to return
Appears talks wrapping up for the night now.
City & Maloofs/NBA starting to assemble in same room to continue talks. All-Star Game still going, it's not clear when Stern plans to return
Appears talks wrapping up for the night now.
This ish aint over, Stern's coming back!
https://twitter.com/#!/koula_g/status/173967443738361856
https://twitter.com/#!/koula_g/status/173967443738361856
nickmonacelli @nickmonacelli
#news10 Arena talks are done for the night. @KJ_MayorJohnson just told us there's good progress and they'll meet again tomorrow with Stern.
Dale Kasler @dakasler
Talks over for tonight. Geo Maloof: "It's been productive but there are some big issues."
Scott Howard-Cooper @SHowardCooper
Johnson: "I'm really excited with where we are." Asked if the process took a step forward today/tonight, he said, "Absolutely."
Ryan Lillis @Ryan_Lillis
#NBAKings #arena talks over for the night. @KJ_MayorJohnson says there's a gap between Maloofs and city, but not "insurmountable."
Bryan May @BMayNews10
@KJ_MayorJohnson "we made real progress today and took steps forward." KJ admitted there is a gap in $ city wants vs. $ Maloofs want to pay
Everyone, including David Stern, have rearranged schedules tomorrow to continue meetings.
::sigh::
Get to do this all over again, tomorrow. =/
#news10 Arena talks are done for the night. @KJ_MayorJohnson just told us there's good progress and they'll meet again tomorrow with Stern.
Dale Kasler @dakasler
Talks over for tonight. Geo Maloof: "It's been productive but there are some big issues."
Scott Howard-Cooper @SHowardCooper
Johnson: "I'm really excited with where we are." Asked if the process took a step forward today/tonight, he said, "Absolutely."
Ryan Lillis @Ryan_Lillis
#NBAKings #arena talks over for the night. @KJ_MayorJohnson says there's a gap between Maloofs and city, but not "insurmountable."
Bryan May @BMayNews10
@KJ_MayorJohnson "we made real progress today and took steps forward." KJ admitted there is a gap in $ city wants vs. $ Maloofs want to pay
Everyone, including David Stern, have rearranged schedules tomorrow to continue meetings.
::sigh::
Get to do this all over again, tomorrow. =/
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Koula Gianulias @koula_g
Stern just came back to hotel: progress was made today
Ryan Lillis @Ryan_Lillis
#NBA Commissioner Stern on whether progress was made today: 'It's a good thing we're talking again tomorrow.'
Rob McAllister @Rob_McAllister
NBA Commish Stern on conclusion of meetings: We did a lot of hard work and made some progress
::cue Rasheed Wallace "Both teams played hard" clip ::
Stern just came back to hotel: progress was made today
Ryan Lillis @Ryan_Lillis
#NBA Commissioner Stern on whether progress was made today: 'It's a good thing we're talking again tomorrow.'
Rob McAllister @Rob_McAllister
NBA Commish Stern on conclusion of meetings: We did a lot of hard work and made some progress
::cue Rasheed Wallace "Both teams played hard" clip ::
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Rob McAllister @Rob_McAllister
STERN: I think the Mayor has put a lot of things in order to move us closer to (arena) I think the Maloofs have made signifianct commitments
STERN on Maloof family being on same page: "I believe they are. They just want a deal that treats the family fairly, treats the city fairly
STERN: I think the Mayor has put a lot of things in order to move us closer to (arena) I think the Maloofs have made signifianct commitments
STERN on Maloof family being on same page: "I believe they are. They just want a deal that treats the family fairly, treats the city fairly
It doesn't surprise me at all that the Maloofs/George are/is negotiating the amount of their contribution towards the arena. Every business person negotiates. We're talking big bucks here. If they can negotiate a sizable 'discount' for their favor they're going to do it. I never expected the Maloofs to arrive in town and ask:"OK NBA and KJ, now what's our total for the arena? Oh OK, well here's the check."
When the meeting first started KJ asked the three Maloof brothers if they want to stay in Sacramento before the heavy negotiating started. All three said YES. It was unanimous. I predict that tomorrow the negotiating will be over and all sides will be happy campers and this part of the deal will be finalized.
Go Kings!
When the meeting first started KJ asked the three Maloof brothers if they want to stay in Sacramento before the heavy negotiating started. All three said YES. It was unanimous. I predict that tomorrow the negotiating will be over and all sides will be happy campers and this part of the deal will be finalized.
Go Kings!
He looks like a weasel to us, but he looks like a fighter to Anaheim.
What that does for Joe and Gavin is a little public image repair. They can come out looking like the guys on Sacto's side.
What it does for George is strengthen business ties with his Anaheim connections. Each Maloof has their own ends here. To be honest though I don't really know what George's motivations are, other than that I think he was the guy behind the whole Anaheim push in the first place.
Even at 100 mil up front (rent free later?) and a refinanced city loan, that is a HELL of a deal to get a new arena. Ticket prices, luxury boxes... it's still a win at that price for the Maloofs. They couldn't have dreamed they'd get a better deal... and they'll likely haggle it down to 75 or so.
What that does for Joe and Gavin is a little public image repair. They can come out looking like the guys on Sacto's side.
What it does for George is strengthen business ties with his Anaheim connections. Each Maloof has their own ends here. To be honest though I don't really know what George's motivations are, other than that I think he was the guy behind the whole Anaheim push in the first place.
Even at 100 mil up front (rent free later?) and a refinanced city loan, that is a HELL of a deal to get a new arena. Ticket prices, luxury boxes... it's still a win at that price for the Maloofs. They couldn't have dreamed they'd get a better deal... and they'll likely haggle it down to 75 or so.
Is it wrong to hope that Maloofs bulk at the contribution they need to make, Stern and the NBA think its fair and force them to sell the team?!
I am finding myself having this hope!
NBA has negotiated on behalf of the Maloofs for all this time and they obviously think that what we are asking for is fair. Maloofs or should that be a particular Maloof doesn't agree. NBA has always said they would like to keep the team in Sacramento and this is their chance to exert their power.
If Maloofs cannot contribute and at the same time cannot afford to put a winner on the court, then NBA should force them to sell in the same manner they did with Shinn and New Orleans.
I am finding myself having this hope!
NBA has negotiated on behalf of the Maloofs for all this time and they obviously think that what we are asking for is fair. Maloofs or should that be a particular Maloof doesn't agree. NBA has always said they would like to keep the team in Sacramento and this is their chance to exert their power.
If Maloofs cannot contribute and at the same time cannot afford to put a winner on the court, then NBA should force them to sell in the same manner they did with Shinn and New Orleans.
It's not wrong, I hope for the same thing myself. I'm just not sure it's realistic unfortunately. I would LOVE for Burkle to own the team and contribute to a new arena, spend a bunch of money on a good coach and bringing in some vets, turn this team into a title contender in 3 or 4 years, and surround Boogie, Reke, and the other guys like IT/Jimmer with the neccessary supporting cast to win multiple titles. He could do it too. I just have no idea if it's realistic or not, probably not.
Burkle is just a guy in my story but I think the principle might have some merit....or I am talking myself into it.
The way I look at it is, NBA is obviously thinks its a fair deal because they have been negotiating with KJ all this time and felt it was good enough and time to seal the deal with the Maloofs so to speak. They, or should we say George is bulking at this. Surely if the Maloofs say no then the NBA led by Stern who has been a Sacramento ambassador for a while now and who has worked extremely hard with KJ to get this done can turn around and say, this is a good deal boys, you need to come to the party or else....
I think the fact that the relocation committee is there is a positive as well. They have been impressed with KJ and what he has pulled off so far has been nothing short of sensational. If the Maloofs don't come playing ball, then they will likely pee off a number of people on that committee. I am hoping they are dumb enough to do it but very much doubt it.
If they don't want to pony up $80-90 million for the arena up front, there is nothing stopping the NBA from imposing monstrous relocation fee and couple that with the load already on the books with Sacramento and the loan from the NBA and that would become one costly exercise for the Maloofs.
Might explain why George has his knickers in a knot.
The way I look at it is, NBA is obviously thinks its a fair deal because they have been negotiating with KJ all this time and felt it was good enough and time to seal the deal with the Maloofs so to speak. They, or should we say George is bulking at this. Surely if the Maloofs say no then the NBA led by Stern who has been a Sacramento ambassador for a while now and who has worked extremely hard with KJ to get this done can turn around and say, this is a good deal boys, you need to come to the party or else....
I think the fact that the relocation committee is there is a positive as well. They have been impressed with KJ and what he has pulled off so far has been nothing short of sensational. If the Maloofs don't come playing ball, then they will likely pee off a number of people on that committee. I am hoping they are dumb enough to do it but very much doubt it.
If they don't want to pony up $80-90 million for the arena up front, there is nothing stopping the NBA from imposing monstrous relocation fee and couple that with the load already on the books with Sacramento and the loan from the NBA and that would become one costly exercise for the Maloofs.
Might explain why George has his knickers in a knot.
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