For the first time since the NBA set a March 1, 2012, deadline for the Sacramento region to come up with a workable proposal for financing a new sports and entertainment complex in the downtown railyards, Kings co-owner Joe Maloof indicated that the deadline was not hard and fast.
Read the full interview with Joe Maloof in Sunday's Bee and at Sacbee.com
"I'm sure we'll always have flexibility," Joe Maloof said Wednesday during a 90-minute interview in his office. "The league has always been flexible ... so I don't know about that (a firm deadline). There are a lot of people working in a positive vein this time, where before, there was a lot of negativity. But everybody is on board. So we're optimistic guys. We want to get it done here in Sacramento."
Frustrated with ongoing attempts to build a modern facility to house the Kings, the Maloofs last April considered relocating to The Honda Center in Anaheim. The other NBA owners urged them to persist in Sacramento, but NBA Commissioner David Stern, who has assumed control of the discussions that involve AEG president Tim Leiwecke, has said the Maloofs would be free to pursue other options if adequate progress wasn't achieved during the one-year grace period.
Sacramento Mayor Kevin Johnson is scheduled to meet with Stern Friday in New York to discuss the status of the negotiations. A modern facility located in the downtown railyards is expected to cost approximately $406 million.