Kings May Be Close to Resolving Dispute
Atlantic Richfield Co. and Sacramento King owner Jim Thomas appeared to be resolving their differences over Arco’s $8 million offer to keep its name on the NBA team’s home court, an Arco spokesman said.
“They are making progress and they are continuing to talk,” Arco spokesman Scott Loll said.
The Arco-Kings talks represent the final piece of the Kings’ negotiations with city officials to keep the team in Sacramento.
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