Anaheim Reportedly To Consider Arena Upgrades If Sacramento Kings Agree To Relocate

The Anaheim City Council will soon consider issuing bonds in order to fund upgrades to the Honda Center, reports the Sacramento Bee, as the Sacramento Kings continue to negotiate a relocation to Orange County. The Bee reports that the council will soon consider issuing bonds that would allow the city and its operator, Anaheim Ducks' owner Henry Samueli, to upgrade locker rooms and build a practice facility apparently intended to house an NBA team. The Maloof family, owners of the Kings' franchise, were recently granted an extension that calls for a relocation decision by April 18.

The Anaheim council is expected to take up the bond issue on April 12. The NBA regular season ends April 13, and the NBA's team owners are scheduled to meet that week to discuss, among other things, the Maloofs' plans.

The Maloofs have all but abandoned arena plans in Sacramento, as mayor Kevin Johnson and developer David Taylor work on a feasibility study to assess what sort of funding mechanism is needed to build a new arena and entertainment complex in the downtown area. Maloof backers maintain that the family has little option after working on an arena solution to no avail for a decade; in reality, the Maloofs haven't been directly involved in an effort to get a new gym built in Sacramento for the last four years and several months. The NBA stepped in to help in 2007, but the league's plan went sour and commissioner David Stern all but gave the Maloofs a public green light to find a new home.

It's unclear how Anaheim will go on the bond issue. Should the Maloofs move to Anaheim but fail financially, city taxpayers or Samueli could be on the hook to repay the bonds. The Kings have the lowest payroll in the NBA and the Maloofs will need to come up with at least $100 million to relocate, given a $70-million loan to the city of Sacramento and a prospective relocation fee.

For more on the Kings' relocation saga, visit Sactown Royalty.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.