Not to alarm y'all, but the NBA and the Maloofs just set a deadline for progress on the arena front ... without actually setting a deadline. Tony Bizjak of the Sacramento Bee reports that the NBA could be alright with the governor's proposition to sell Cal Expo. But snuck in there towards the end ...
NBA officials say they face a tight timeline. The Kings reportedly are losing millions of dollars at Arco Arena, which team officials say is outdated.
A league representative said the NBA feels it must make significant progress this year on an arena deal to keep the basketball team in town.
"The bleeding has to stop sooner than later," the NBA's John Moag said. "The (Kings owners) have said they need to see by March 2010 that there is light at the end of the tunnel."
That's less than a year away. And it leaves open the possibility that if significant progress is not made, the team could, at the end of February 2010, file for relocation for the 2010-11 season.
Moag said developers will be visiting the site soon.