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"The Kings organization spoke with David Taylor and will provide him with the studies, research...

"The Kings organization spoke with David Taylor and will provide him with the studies, research and documents done during the course of the last 11 years on the feasibility of a new sports and entertainment facility. During that time, the organization has contributed several million dollars to pay for and support traffic and engineering studies, architectural plans and other studies as well as consultants, lawyers and architects. The organization will have no further public comment on the process at this time, and will continue to focus each day on improving the basketball team."

Maloof Sports & Entertainment Statement Regarding Recent Arena News
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