Maloof Family Needs To Sell Sacramento Kings
“The Maloof family would like to thank the city of Sacramento for being gracious hosts of our NBA squad, but we are pleased to announce a new deal for an arena and will be moving out starting next year.” Oh, how those words have been salivating on the Maloof’s tongues for over two years now. I’m sure they cannot wait to say it.
The fans of Sacramento deserve better than what the Maloof’s have given them for the past year. Does anyone else get the feeling they just want to move out and head either south (Anaheim) or perhaps north (Seattle)? I’m disgusted by recent media attention that family has been receiving.
Sure, there are two sides to every story, but I personally believe the Maloof’s have had no interest in keeping the team in Sacramento, especially after the latest round of negotiations. Sure, they sent said they sent letters to the city, but how hard have they tried?
Kevin Johnson, the mayor of Sacramento, invested a major amount of time trying to keep the Kings around. Instead, all he gets is a bashing at the hands of the Maloof family and their lawyers. I’m disgusted and disgraced. For a franchise that says they are intent on staying, I really am not seeing it.
You know what the Maloof’s should do? Sell the franchise and let the new owners keep it in Sacramento. I truly believe that is where the franchise should be. It is also quite comical that Clay Bennet, the owner who moved the Seattle Super Sonics to Oklahoma City, is the head of the NBA’s relocation committee.
In all seriousness, the Maloof’s have been complaining about their arena, which was built for $40 million in 1988. First of all, who builds an arena for that cheap if they really wanted to stay in the area? The Palace, home of the Detroit Pistons, was built for only $70 million, all raised privately. Though the Maloof’s bought the franchise in 1998, they should have started thinking then and not now about a new arena.
The Golden State Warriors have played at Oracle Arena since 1971, but the arena was built in 1966 for only $25 million. It had a $121 million renovation in 1996, but that’s it. If the Maloof’s were really wanting to stay in Sacramento, they should have invested more.
As sad as it is, I don’t see the Kings staying in Sacramento much longer, as sad as that is to say. This was poor foresight by previous owners compounded with a lack of vision by the Maloof family upon purchasing, and the city of Sacramento is suffering for it.
What are your thoughts? Should the Maloof’s sell or should the Kings move?
Follow Paul Troupe on Twitter @gamin4HIM