Not too long ago, the Sacramento Kings appeared to be headed out of town. Anaheim looked like the most likely destination. However, led by former NBA point guard and current Sacramento mayor Kevin Johnson, the Kings are staying in Sacramento!
“We’ve always said we wanted to stay in Sacramento,” Joe Maloof said to the Sacramento Bee, “and now’s our opportunity.”
To get the deal down, the Maloof brothers agreed to pay $70 million to kickstart the construction of a new area. In total, the Maloofs are saying their investment will be approximately $145 million.
Johnson explained the teams-saving experience in basketball terms: “We came to Orlando needing to convert both ends of a one-and-one free throw. Over the weekend, the city hit the front end of the free throw by making clear it had delivered on its promises and, today, the Maloof family hit the second free throw by stepping up and increasing their contribution.”
In addition to Anaheim, the city of Seattle was also angling to steal away the Kings. But now, Sacramento will be the home of the Kings for the foreseeable future.