Ok – so the relocation committee is going to recommend against the Hansen/Ballmer/Nordstrom (HBN) group moving the Kings upon them purchasing the team?
It’s now time for the good guy to become the bad guy. If he wants to play the NBA way, I am going to lay out the steps below and possible outcomes from the chain of events.
- Immediately raise purchase price of controlling interest of the Kings another $120 million dollars.
- There are theories floating out there that while the HBN offer was more than Sacramento’s in terms of straight up dollars for dollars (then accounting for debts held by the Maloofs that needed to be paid back to the city or something to that effect brought the two offers to basically dead even), it’s now time for Steve Ballmer to open the checkbook again and make the offer basically too good for the Maloofs to refuse. This would immediately make the offers not even in the same territory. Other owners will see this and basically can’t refuse someone who wants to pay that much for a franchise. (Not even 100% of a franchise, I might add)
- Drop the relocation bid, but keep purchase in play.
- This sounds counter-intuitive, but it is time for some dirty poker. Keep the land use permit application going, but change it to a large outdoor mall in the footprint of the purchased land. Draw up the sketches and put them in the press. It is going to take time to knock down these buildings anyways to clear room, so “work” can technically start.
- Immediately draw up plans for a $600+ million dollar publicly funded arena in the Railyards location in Sacramento.
- This is an immediate flash-bang (COD style) right in the middle of Sacramento. The city is debating the location of the arena in their plan (still) and there are supporters for the downtown Sac site, as well as the railyards which has come up a few times.
- The dollar amount immediately launches this into the “can’t or won’t” get done territory. It doesn’t matter, HBN is going through the motions anyways and can recant all of the Sonics arena talk that they have had going so far. The leaked OKC emails didn’t stop this from happening so a flagrant website and movement for 2+ years can be easily forgotten in the eyes on the owners.
- 100% publicly funded – that’s what the owners like, right?
- Appeal to the state of California for this arena funding, and try to get a state tax to pay for the Sacramento arena.
- This is such an insane non-starter, but it takes a page out of the Bennett playbook, who went to Olympia with Stern and wonder why they got shot down. Plus, I am sure LA voters and SF voters would love paying for a stadium for an opposing team. But hey, they are trying, right?
- This plays into the first, but since larger investments were made in team acquisition, no private funds from HBN can be used.
- HBN is already tied up in several real estate deals in the Pacific Northwest, and with the large purchase price of the team, this is the only way that they can stay competitive in the market is to get a publicly funded stadium only.
- Immediately not honor any progress made by the former competing ownership group with regards to the Sacramento Downtown Arena
- HBN wants to enter their own agreements, and “explore” other taxable revenue streams that they think are more sustainable than a parking tax.
- This isn’t true, but it again puts the public at odds with regards to financing and tax revenues to be used.
- HBN wants to enter their own agreements, and “explore” other taxable revenue streams that they think are more sustainable than a parking tax.
- Wait
I think the above is tenable for probably a year. The Kings will be playing a known lame-duck season in Sactown (at least in the eyes of the fans, but HBN is “trying”) in which attendance drops, team support withers which makes all of the above that much harder to get anything done. Soon, HBN won’t be able to run their franchise the way they would like and relocation will have to be done to save the franchise.
If you haven’t noticed, this blueprint was used in Seattle in 2008. Is it fair? No. Does Sacramento take it in the ass? Yeah. Does Seattle/HBN do what they said they wouldn’t? Yes.
Pretty ridiculous, isn’t it?
Stern, if your meddling is going to block this move, approve expansion. Now. Your legacy means so much to you, this is how you save it.
