Maloof fires back at Sacramento government over letter

NBA.com's take on the Maloof's response to the Sacramento Government letter.

about 1 year ago CoolFinity 4 comments 0 recs |

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Well

“We’ve always satisfied our obligations to the City of Sacramento,‘’ Maloof said. "We’re honest businesspeople, and we have never missed a payment. In fact, we’re way ahead of schedule. A couple of years ago, we paid somewhere between $9 million and $11 million ahead because we wanted to lower the debt.

“We’ve always paid our financial obligations in the past, we’re going to do it in the present, and we’re going to do it in the future. They have nothing to worry about. They will be paid in full, whatever it takes.’’

I guess that puts them officially on record. If they go back on this, I’ll be right there with the rest of you.

I'd rather laugh with the sinners than cry with the saints...

by otis29 on Mar 29, 2011 5:47 AM PDT reply actions

I just hope that reporter had their tape recorder out.

"If you're going to lead the orchestra, you have to turn your back on the audience." -Geoff Petrie

by AnotherStupidSN on Mar 29, 2011 6:28 AM PDT up reply actions

But

That does not mean they will give the city 67 million. As far as anyone knows, he could mean the city receiving the arena and a 25 mill stake is being “paid in full.”

"I think this can be a good line-up for us and we’ll see how it works." - PW on replacing Casspi and Beno with JT and Head in the starting lineup (Nov. 18, 2010 Sac Bee)

by kwill on Mar 29, 2011 10:31 AM PDT up reply actions