Found March 23, 2013 on Pass The Pill:

When talk of the Sacramento Kings moving to Seattle was first brought up, fans and people around the league jumped all over the possibility. To many, it seemed as if the move was almost a foregone conclusion. Well, it appears now that the Kings may not be leaving Sacramento after all. According to Kevin Johnson, ex-NBA player and current mayor of Sacramento, there is a deal in place to build a new arena in downtown Sacramento. I’m pleased to announce an agreement w/ Burkle-Mastrov-Ranadive group on a public-private partnership to build a new ESC at DT Plaza Mall… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   Consistent w/our core tenets, the deal avoids new taxes, protects the City on the Kings loan, and ensures no net impact to the general fund… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   For a comparable investment to the 2012 deal, we’ve secured more private investment & greater econ development potential at the new site… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   They will also make a 35-year commitment to keep the Sacramento Kings right here where they belong!…. — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   Once again, we’re proving the strength of our market – both as host to an NBA team, but as an emerging region with global potential… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   I’m excited to talk further about the deal with my Council colleagues and the public… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013   With all that said…I’m pumped!!Ron B & I officially closed the deal a few mins ago – maybe this pic says it best! twitter.com/KJ_MayorJohnso… — Kevin Johnson (@KJ_MayorJohnson) March 23, 2013 This is certainly an interesting development, as Sacramento may get to keep their team after all. Of course, the team could still work on putting together a competent roster of players to stay out of the cellar on a yearly basis. -Mark Evans, Assistant Manager/Editor of Content Follow us on Twitter The post Kevin Johnson: Deal In Place To Build New Arena In Sacramento appeared first on Pass The Pill - Kings of Hoops.

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