Chris Hansen fined $50K for opposition to new Kings arena

Kelley L Cox-US PRESSWIRE

Chris Hansen has been fined for fronting $100,000 to a group opposing a new arena in Sacramento.

Chris Hansen was unable to purchase the Sacramento Kings in his attempt to bring an NBA franchise back to Seattle when the NBA rejected his $625 million bid for the team. One of the stipulations the NBA put on the Vivek Ranadive-led Sacramento ownership group was to build a "modern" arena for the team, and the California Fair Political Practice Commission found that Hansen committed $100,000 to a group attempting to gather signatures to force a city-wide vote for the new arena plans.

The FPPC has now fined Hansen $50,000 for his involvement with the anti-Kings arena group, according to the Associated Press.

The FPPC said Hansen is being punished for failing to file a campaign statement. Hansen has agreed to the fine, and the commission will vote to make it official.

Sactown RoyaltyI "believe" Chris Hansen

Hansen has since released a statement explaining his involvement with the Sacramento Arena opposition group, stating that his legal counsel advanced $80,000 of the $100,000 he committed to the party to begin collecting signatures to force a vote without his consent or knowledge.

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