Thursday, November 29th, 2012 at 4:10 pm  |  10 responses

Sacramento Kings Owners Met With Virginia Beach Politicians About Moving Team

Despite denials from the team, it’s become increasingly clear that the Sacramento Kings are strongly interested in the possibility of relocating to Virginia Beach. According to a News10 report, the Kings’ ownership group recently met with the political bigwigs in Virginia about a move: “Up until now, rumors and unconfirmed reports swirled around the Capital City about a Kings’ possible move to Virginia Beach; however, now, sources in Virginia, who asked not to be identified, said George Maloof has met with state and city leaders there and plans are being drafted to possibly move the NBA team. At Tuesday night’s Virginia Beach City Council meeting, Mayor Will Sessoms said media giant Comcast-Spectacor and its president, Peter Luukko, are very optimistic. ‘He is currently working on a long-term lease with a professional sports team that will serve as an anchor tenant to an arena,’ Sessoms told the council. Virginia Beach hopes to build a $300 million arena and its asking for a $150 million contribution from the State of Virginia. According to a letter sent by the city, $80 million of that $150 million would go straight to the team, which appears to be the Kings. The team would use the money for the relocation fee to the NBA, moving costs and money to offset lost revenue; they’ll have to play in a smaller venue for the first two seasons while a new arena is built. But the deal isn’t done yet. Is there any chance of keeping the Kings? The Maloofs have repeatedly said they will stay if the City of Sacramento pitches in and renovates Sleep Train Arena. But last month Sacramento Mayor Kevin Johnson said the city isn’t interested. ‘ [...] A timeline for a potential move remains unclear. Sessoms said he hopes to have a binding term sheet agreed to by March of 2013. If that’s the case, the Kings would likely file for relocation by April of 2013, in time to be approved by the NBA’s Board of Governors.”

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  • roscoe

    the jersey shore & maloofs would be a perfect match.

  • http://twitter.com/Jzakoni Sanchez

    just let em move, who cares

  • LeroyShonuff

    Newark would be a much more logical choice. A nba arean in Downtown Newark that is right by the train station. Easy to get in and out of plus they would have the NY/NJ/CONN TV market as well which will increase revenue.

  • http://twitter.com/NYCKING BIG ED

    I spent time in VA Beach this summer. IDK if they ready to support a pro sports team.

  • Stan

    I spent several years in VA Beach. I can guarantee you they are not ready.

  • spit hot fiyah

    where is virginia beach? virginia is the obvious answer, but it could just as well be somewhere os cali’s coast. please help a brother out

  • fishsticks

    I hope Vancouver gets a team again at some point in my lifetime

  • maijc

    mother fucker we care. Sacramento dam well cares. Our dam fake owners are not worthy to own a dam franchise. We’ve been through hell for this team and they cant dam well leave us. The maloofs are killing this team from the inside. Give us a coach and tyreke and cousins will dominate

  • mrsacramento

    Don’t you bimbos know that you can’t renovate any structures in the Natomas flood zone. When they first built Arco Arena you couldn’t do it then either, but politicians were bribed into approval of construction there because they could get away with stuff like that back then. Nowdays if your house burns up out there you can’t rebuild it. With the internet everybody knows everything that happens everywhere. It’s really a shame because there aren’t going to be any more big time floods. In case you didn’t know it the California drought is permanent. The only thing that isn’t permanent in this town is the King’s losing seasons. I am on my knees begging you, please, just give them one more season here. God, I don’t want to die in a city full of horseshoe tossing cowboys.

  • yaboi

    the entire hampton roads area would be supporting the team, do your research