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Old 01-23-2013, 07:59 PM
 
Location: SW MO
23,601 posts, read 33,022,966 times
Reputation: 29158

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This is ridiculous. A buncha overgrown illiterates getting paid way too much money to play a kid's game and their idiot, incompetent owners have tied up Sacramento's governance and planning budget for years. Just let them go, pull up your big boy pants and get about the business of what's best for the entire city.
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Old 01-23-2013, 11:15 PM
 
5,365 posts, read 5,705,854 times
Reputation: 2628
Quote:
Originally Posted by tahoeskier View Post
Seattle has already approved the plans for the new NBA arena to be built, and they have no issue with pulling together money or trying to get anyone to agree to it.
SEATTLE -- A new lawsuit could be another big hurdle to stop the Sonics from returning to Seattle.

"We're alleging that the basketball arena deal is really "bailout ball," said attorney Cleveland Stockmeyer.

Stockmeyer filed the lawsuit on Friday, alleging the city of Seattle's $200 million loan to Chris Hansen does not comply with I-91, a measure to protect taxpayers on land deals.

Stockmeyer's suit says the city has no true guarantee to see a return on the investment.

"This is a bailout in advance," he said. "It's an ongoing subsidy and it's a lack of fair value."

Stockmeyer hopes to depose Hansen during discovery.

MOD CUT


KOMO NEWS

Last edited by NewToCA; 01-27-2013 at 04:49 PM.. Reason: too much from a copyright protected article
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Old 01-24-2013, 02:33 PM
 
Location: Piedmont, CA/São Paulo, Brazil
33,657 posts, read 58,034,277 times
Reputation: 16916
That sucks. When I was Sac everything revolved around the Kings....I hope it falls through and they stay in Sacramento!
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Old 01-24-2013, 03:25 PM
 
Location: Sacramento
13,860 posts, read 24,605,764 times
Reputation: 6587
Quote:
Originally Posted by bluevelo View Post
Actually, the Kings leaving is a bigger positive than anyone realizes - I mean, asides from gangbangers and Hollywood celebrities, who from the rest of society actually *attends* NBA games anymore? Most of the league is thugs, the sport attracts thug spectators, we are MUCH better off with the damn team outta here.
Uhh...me.

So, getting past the personal stuff here, how has Seattle done vs Sacramento in terms of historical attendance? Well, looking at them by year when Seattle had a team and Sacramento had a viable arena, it seems like Sacramento drew more than Seattle almost every year:

Season Sacramento / Seattle

1989-90 17,014 / 12,244
1990-91 17,014 / 12,443
1991-92 17,014 / 14,315
1992-93 17,317 / 15,805
1993-94 17,317 / 14,682
1994-95 17,317 / 15,457
1995-96 17,317 / 17,007
1996-97 17,317 / 17,072
1997-98 14,767 / 17,072
1998-99 16,750 / 17,072
1999-00 17,562 / 15,018
2000-01 17,317 / 15,630
2001-02 17,317 / 15,452
2002-03 17,317 / 15,541
2003-04 17,317 / 15,255
2004-05 17,317 / 16,475
2005-06 17,317 / 16,198
2006-07 17,317 / 15,955
2007-08 14,150 / 13,355


http://www.apbr.org/attendance.html

Last edited by NewToCA; 01-24-2013 at 03:45 PM..
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Old 01-24-2013, 09:31 PM
 
Location: SW MO
23,601 posts, read 33,022,966 times
Reputation: 29158
If Seattle cana fford them, let them have 'em. Attendance has been roughly 3% of the population that the mayor seems to have been spending more time coddling than addressing the pressing needs of the rest.
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Old 01-24-2013, 10:55 PM
 
8,375 posts, read 15,216,909 times
Reputation: 4145
Hansen is overpaying for the Kings, but they're worth more in Seattle than they are here--bigger market, bigger media deals. A price that would be fair for Seattle wouldn't be fair for Sacramento, so unless these supposed "whale" investors are willing to pay the Seattle price plus a little bit more, they won't match the Seattle bid. People don't get to be billionaires by making bad business decisions...unless, of course, they inherited it from Daddy. But we already know how that works out in the long run.
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Old 01-25-2013, 08:05 AM
 
Location: Sacramento
13,860 posts, read 24,605,764 times
Reputation: 6587
Quote:
Originally Posted by wburg View Post
Hansen is overpaying for the Kings, but they're worth more in Seattle than they are here--bigger market, bigger media deals. A price that would be fair for Seattle wouldn't be fair for Sacramento, so unless these supposed "whale" investors are willing to pay the Seattle price plus a little bit more, they won't match the Seattle bid. People don't get to be billionaires by making bad business decisions...unless, of course, they inherited it from Daddy. But we already know how that works out in the long run.
Quite possible, but if the Kings have a buyer who can and will match the Seattle offer then I think that in the end the team will stay in Sacramento.
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Old 01-25-2013, 08:06 AM
 
Location: Sacramento
13,860 posts, read 24,605,764 times
Reputation: 6587
Quote:
Originally Posted by Curmudgeon View Post
If Seattle cana fford them, let them have 'em. Attendance has been roughly 3% of the population that the mayor seems to have been spending more time coddling than addressing the pressing needs of the rest.
Attendance for all basketball teams is a small % of the city, kind of comes with the territory when looking at arena capacity.

What % of Chicago residents attend Bulls games???
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Old 01-25-2013, 08:21 AM
 
Location: Charlotte, NC
1,969 posts, read 3,203,845 times
Reputation: 2906
I wish you guys the best of luck, though an earlier poster was right, the kings seem to get passed around more than most franchises. That said, you shouldn't forget David Stern's desire to get a team back to Seattle. He doesn't strike me as the kind of guy who doesn't get what he wants
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Old 01-25-2013, 12:24 PM
 
1,321 posts, read 2,308,866 times
Reputation: 794
Quote:
Originally Posted by wburg View Post
Hansen is overpaying for the Kings, but they're worth more in Seattle than they are here--bigger market, bigger media deals. A price that would be fair for Seattle wouldn't be fair for Sacramento, so unless these supposed "whale" investors are willing to pay the Seattle price plus a little bit more, they won't match the Seattle bid. People don't get to be billionaires by making bad business decisions...unless, of course, they inherited it from Daddy. But we already know how that works out in the long run.
Yes, but once they're billionaires, they get to make whatever silly decisions they want to make. Since the Seattle story began to develop, I was guessing that Hansen, et al, would put up far more money for the Kings franchise than they are likely to be worth from a business perspective. Granted, when you're moving a team, you can fundamentally alter things like profitability, but I do still think that someone like Hansen has the luxury of just "wanting" a team more than others.

Larry Ellison, the Kings' latest probable whale, plays in that league, doing fun things like buying islands for a half billion dollars and promising to make them little utopias (which is pretty cool--for as much as we admire Buffett's prudence and Gates's charity, billionaires are pretty entertaining when they possess a certain bravado and a touch of megalomania).

Hey KJ, since I know you read these boards, when you talk to Mr Ellison, can you ask him if he'd like to headquarter his next company (we'll take an existing company too!) in our fair city? For some reason, I feel like that will benefit us a tad more than a sports franchise. Because seriously, Curmudgeon's broken record gets a little tiring, but it's clear that the mayor is an ambitious and tireless dude and can get the ear of a lot of important people. If he could get someone to talk about starting their "next big thing" here, or at least explaining to us all the reasons they're not starting their next big thing here so we could, y'know, fix them, that would seem like a good use of his time.
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