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March 26, 2011
Maloofs: Latest Sacramento arena plan not suitable

By Ed Fletcher
efletcher@sacbee.com

A Maloof spokesman said today that the latest effort to build a sports-and-entertainment facility that would keep the Sacramento Kings in town isn't good enough.

Two members of the Sacramento Kings' original management group - architect Rann Haight and executive Greg Van Dusen - have been heading up the latest efforts.

Until Saturday, the Maloofs, who own the NBA franchise, had not commented on their plan.

"A representative of the Maloofs listened to their plan in depth, but they do not have the financing in place and a renovation of the existing structure is not an adequate solution," the team owners said in a statement Saturday.

While details of the latest overture are not known, team, NBA and city officials have said refurbishing the existing arena is not a viable option.

As recently as this week, R.E. Graswich, a spokesman for Mayor Kevin Johnson, said an $80 to $100 million renovation wouldn't go far enough to satisfy the NBA's concerns about Sacramento's arena.

Call The Bee's Ed Fletcher, (916) 321-1269.



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