fbpx
The Kings Herald

Independent Sacramento Kings Coverage. By Fans, For Fans. | Support Us On Patreon

Sacramento Reportedly Looking For $80 Million Up Front From Kings, NBA

By | 0 Comments | Feb 19, 2019

The other $50 million in private capital would come from AEG, the arena megalith that would operate the facility year-round. The city is hoping to receive City Council approval this month on a deal to lease the operation of downtown parking structures for $200 million in up-front payments — the lease could be for 30-50 years. That leaves another $50 million. The hotel association has committed to some level of investment via a room fee, but not at that level, and not necessarily with advance capital.

Patreon Membership
* indicates required


To prevent spam, our system flags comments that include too many hyperlinks. If you would like to share a comment with multiple links, make sure you email editorial@kingsherald.com for it to be approved.

0 Comments

Badge Legend

Patreon Supporter Patreon Supporter   Registered On Day 1 Registered On Day 1   Published Post Published Post  Published Post Nostradumbass
Comment Up Votes 200 Up Votes   Comment Up Votes 500 Up Votes    1,000 Up Votes    3,000+ Up Votes

Comments 50 Comments   Comments 100 Comments    250 Comments    500 Comments    1000+ Comments