April 19, 2013 By Katy Grimes As the behind-the-scene negotiations take place between the NBA, the owners of the Sacramento Kings and prospective buyers, there is really only one thing to remember: everything is economic. The top Kings player is paid more than $8 million. Wouldn't he li...
Posts Tagged ‘Sacramento Kings’Sacto Kings players dream of no-tax stateFriday, April 19th, 2013Sacramento arena: A ‘Field of Schemes’Wednesday, March 27th, 2013 March 27, 2013 By Katy Grimes Sacramento officials have lost all ability to reason, and instead are letting emotions and delusions of grandeur drive their decision over a downtown sports arena. Arenas are nothing more that fields of schemes, and the joke is on taxpayers. And Sacramento... Sacramento arena deal; still beating a dead horseWednesday, January 23rd, 2013 Jan. 22, 2013 By Katy Grimes "Sacramento deserves its shot to keep the Kings," the Sacramento Bee editorial headline said this morning. "Deserves." I really don't like how that word is so carelessly tossed around. What Sacramento deserves is a city council and Mayor with some fiscal ... ‘World-class’ Sacramento deal deadMonday, April 16th, 2012 April 15, 2012 By Katy Grimes Ding, dong, the arena deal is dead. The free market won. Despite the failure of 13 years of efforts to build a publicly funded new sports arena in Sacramento, the-arena project-which-wouldn’t-die may have finally croaked--thanks to Mayor Kevin Johnson, Cit... Sacramento Stimulus ArenaWednesday, April 4th, 2012 April 4, 2012 Katy Grimes It's getting tiring pointing out that while Sacramento burns, the City Council is fiddling. At the city council meeting last evening, several council members questioned whether Joe and Gavin Maloof, the Kings' owners, were serious or not about partnering with ... Think ‘Big Labor’ For Arena DealMonday, February 27th, 2012 Katy Grimes: What does a city do when the chips are down, the deficit is huge, services are cut and public approval is at a record low? Why, of course, it's time to build a sports arena. In Sacramento, despite local voters refusing to support public financing to build another sports complex... Johnson’s Big Plans May BackfireMonday, February 20th, 2012 Katy Grimes: Sacramento Mayor Kevin Johnson has made no secret of the fact that he'd like a big, beautiful new sports arena in the city. Johnson is also still pushing for a change to the city charter to make the Sacramento Mayor an "Executive Mayor," and not just one of nine votes on the City Cou... Sacto To Pawn Parking For ArenaSunday, February 5th, 2012 Katy Grimes: Would you pawn a $5,000 Rolex for $150? While only someone desperate for quick cash would do something so irresponsible, the City of Sacramento is making plans to cut a similar deal. City officials are about to pawn public parking lots, appearing to have figured another way a... Cities Looting Business TravelersMonday, September 19th, 2011Katy Grimes: The bustling, totally hip city of Seattle is very taxing on its visitors. I recently went to the beautiful Northwest city on business. Being a cost-conscience person, I shopped rental cars and ended up with a pretty good deal on short notice at $104 for four days. Imagine my surpr... Stadium Dreams and Sacramento KingsWednesday, August 3rd, 2011 AUGUST 3, 2011 By PATRICK MELARKEY and RICHARD TRAINOR For the past couple years we have watched our home town struggle to keep the Sacramento Kings basketball team in Sacramento. We have also observed the proposed attempt to build a new $400 million stadium for the team in downtown Sacramento... |