Sacramento stays put for one(?) more year

This just shows how tough it is to move a franchise in one of the major pro sports. The move of the Sacramento Kings to Anaheim looked like an absolute slam dunk a month ago.

Although maybe it’s just a one-year reprieve (kind of like the Winnipeg Jets getting a reprieve in 1995 for one final season). There is still no definitive plan for a new arena in Sacramento, and given the state of public finances in California it seems highly unlikely to come about with public money. Henry Samueli in Anaheim was offering $145 million in incentives (!!!) to attract the Kings to his Honda Center, but it still didn’t happen.

From Vancouver’s point of view, I guess this puts the Kings back on the list of teams that could possibly move here. We’ll see what happens…

Advertisements

About JamieVannStruth

Consulting economist based in Vancouver, BC. Specializes in local economic development, economic impact analysis, and developing analytical tools in Excel. Crunches stats in sports, movies and life.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s