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AEG’s Tim Leiweke re-affirms commitment to Sacramento Kings arena deal

Tim Leiweke, the head of mammoth arena operator AEG, confirms his firm is still engaged on a potential downtown Sacramento arena deal if it will keep the Kings from moving.
By | 0 Comments | Feb 22, 2019

Darn near $12 million pledges in season tickets at a new arena. Fifty local businesses pledging to pursue sponsorships with the team under new ownership. Eight thousand signatures on a petition asking the NBA to let Sacramento match. Multiple local investors coming out of the woodwork to express interest.

Sacramento, brothers and dames. SACRAMENTO.

Other news in Kasler's piece: a rep of Ron Burkle inquired about purchasing the 7 percent stake in the team that ended up in bankruptcy court after minority owner Bob Cook went broke. The bankruptcy trustee said the Hansen-Ballmer group and another local investor that shall not be named also inquired on it, and that the stake will go out to auction in a couple of months.

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