The website insidebiz.com reported Thursday that the media giant Comcast will be making a presentation about building a new arena to Virginia Beach city officials:
The owners of the Sacramento Kings, an NBA franchise, and officials from Philadelphia-based Comcast-Spectacor are expected to be in Virginia Beach Tuesday to propose moving the team to the resort city and for Comcast to help build and lease a new pro sports arena
Media giant Comcast will guarantee a 25-year lease on a new arena, supposedly for naming rights and for broadcasting the games, sources said. Comcast owns NBC and Global Spectrum, which operates arenas and stadiums across the country including the Ted Constant Convocation Center at Old Dominion University
However, I would take this report with a grain of salt. The Kings blog Sactown Royalty has a good post on why this report is likely a bunch of hooey.
CBS Sacramento Reports that the Maloofs haven’t even talked to anyone in Virginia Beach, yet.