SACRAMENTO, CA - The mayor of Sacramento is feeling confident the Sacramento Kings saga will have a happy ending for not only local fans but the community on the whole.
Mayor Kevin Johnson will be part of a contingent stating Sacramento's case for keeping the team and building a new arena to the NBA relocation committee in New York on April 3.
The Sacramento proposal kicked into high gear when it was confirmed the Kings' majority owners, the Maloof family, had reached a deal with a Seattle group to sell and move the team to the Emerald City for $525 million. One component to the Sacramento counter-offer was to identify local investor/partners. Twenty pledged at least $1 million each - and more than a dozen local companies also committed support.