Sacramento Kings Tied To Virginia Beach Arena Proposal

The City of Virginia Beach and Comcast-Spectacor are looking for funding and a team willing to relocate. The Kings have consistently been rumored to be involved.

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13 Total Updates since August 23, 2012
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  • Updates 9
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  • All Updates 13

Virginia Beach arena not funded yet

Kings fans in Sacramento received some good news on Saturday when Virginia governor's proposed budget failed to include funds for the construction of an arena.

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Are the Kings moving to Virginia Beach?

Virginia Beach is close to settling on building an arena.

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Virginia Beach Arena Proposal To Be Unveiled

Virginia Beach's city council is expected to hear Tuesday a proposal for an arena that could land it a professional sports team -- specifically, the Sacramento Kings.

According to The Virginian-Pilot, the plan is being pitched at 3 p.m. by top officials from Comcast-Spectacor, owner of the NHL's Philadelphia Flyers and former owner of the NBA's Philadelphia 76ers. The presentation will reveal an 18,000-seat arena located near Oceanfront that will cost between $275-400 million.

Kings' owner Joe Maloof has denied reports about a possible move for his franchise. In April, plans for a Sacramento-based, $391 million area fell apart, and since then rumors have been flying about a possible relocation spot for the franchise.

Stay tuned to Sactown Royalty and SB Nation Bay Area for updates, and for all of your NBA needs, keep an eye on SB Nation's dedicated NBA hub.

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America's New Arena Surplus, And The Siren Song Of NBA Expansion

Virginia Beach apparently wants an NBA team, too. Get in line. At least five cities are openly flirting with the NBA, but there are no teams left to move. So don't be surprised if we start talking about expansion soon.

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