SACRAMENTO, Calif. (AP) - Sacramento is in a stronger position to convince the NBA to keep the Kings from moving to Seattle with a deal now in place to build an 18,500-seat arena downtown.
Late Tuesday the Sacramento City Council voted 7-2 to approve a deal that contributes $258 million to the $447 million project. The city plans to use money earned from leasing parking garages for events at the arena to help pay the public cost of the new arena on the current site of an aging shopping mall.
The other $189 million will come from the California investment group seeking to have the NBA negate a pending sale that would move the team and restore the SuperSonics name.
Opponents argued that the city should not be paying to subsidize billionaires.

Top NBA Public Bets

NBA Top Stories

Thumbnail Timberwolves vs. Clippers Prediction Is the over in Monday night’s matchup between the Minnesota Timberwolves and L.A. Clippers a good bet? The two teams tip-off at 10:30...
Thumbnail Trail Blazers vs. Nuggets Prediction Will the Portland Trail Blazers cover the point spread as a road underdog when they visit the Denver Nuggets at 9:00 p.m. ET?
Thumbnail Wizards vs. Mavericks Prediction Are the Washington Wizards a bad bet to cover the point spread versus the Dallas Mavericks on Monday night when the two teams meet at 8:30...
Thumbnail Bulls vs. Pelicans Prediction Are the Chicago Bulls a great underdog play for bettors tonight when they visit the New Orleans Pelicans at 8:00 p.m. ET?
Thumbnail Suns vs. Bucks Pick Are the Phoenix Suns and host Milwaukee Bucks going to play an entertaining, high-scoring game tonight at 8PM...

NBA Team Pages