"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."
I don't think I would expect the board of governors to be eternally patient on this subject, given the fact that the NCAA apparently recently declared that it would not see Arco Arena as a place that they would have a regional tournament. I think the handwriting is on the wall for the building. What's not so clear it's what's on the agenda for its replacement. I'm cheered by the Maloofs' optimism and attitude, but at some point reality will take hold and I'm hopeful that that reality is a plan for a new building.
Why Sacramento? I am often asked why the NBA remains committed to an arena project in Sacramento when previous attempts to turn into reality plans for a new state-of-the-art arena have failed. The answer is twofold: First, Sacramento has been an extraordinary market for the NBA; fans have attended games in record numbers, sponsors have supported the team well and television viewership has been robust. At all levels there seems to be a general appreciation of the Kings organization, its striving for basketball entertainment and excellence, and its keen sense of social responsibility to the community.