Advertisement

NBA’s David Stern says Sacramento arena is ‘not going to happen’

Share

NBA Commissioner David Stern said Friday a new arena in Sacramento is “not going to happen,” and lent his support to owners of the Sacramento Kings who have said the arena project has too many financial and political uncertainties to open on schedule in 2015.

At a news conference at the NBA Board of Governors meeting in New York, Stern made no promise about the Kings’ remaining in Sacramento beyond the 2012-13 season. “It just wouldn’t pay for me to talk about anything beyond that,” he said.

A year ago the Kings nearly moved to the Honda Center in Anaheim before agreeing to stay in Sacramento while city officials tried to finalize plans for a new arena.

In February the Maloof brothers, who own the Kings, and Sacramento Mayor Kevin Johnson reached a tentative deal for a new public and privately-funded $391-million arena in downtown. Last month The Times reported the Maloofs were raising doubts about promises by officials to have the new arena built by opening night of the 2015-16 NBA season.

A basketball official close to the situation, but not authorized to speak publicly, said Friday the Kings owners’ “focus is still on Anaheim.”

“I’m protective of the Kings’ rights to do what they can,” Stern said. “[The deal] made the owners of the Kings incredibly uncomfortable. . . . It came with a cost that further burdened the team, and this was not a transaction they wanted to go forward with. That’s their right.”

Previously, Stern has strongly pushed to keep the Kings in Sacramento.

The Maloofs said Friday they remain “committed to remaining the Sacramento Kings,” although they gave the city a list of concerns that need to be resolved before the family would commit to the new arena.

Johnson said, “It just feels like they were coming up with reasons of why not to do the deal.”

Anaheim and Honda Center officials did not comment Friday.

Meanwhile, the 20-year-old Honda Center is in the process of making multimillion-dollar upgrades to increase its standing as an NBA-ready facility. Seattle also hopes to lure an NBA team.

On Thursday, Kings owners George, Joe and Gavin Maloof made a presentation to the NBA’s relocation committee detailing their concerns about who would pay for pre-development costs, as well as rising political opposition to the $260 million in public funds to be spent on the Sacramento arena.

“We were working to get a deal done, not to kill the deal. How do we negotiate when we don’t hear back from the city?” George Maloof said at a news conference Friday.

“It’s fair to say the Maloofs don’t want to do it,” Stern said Friday. “If they had [said that] sooner, earlier, it could have saved some angst.”

In Anaheim, arena operator and Ducks owner Henry Samueli has previously agreed to loan the Maloofs up to $75 million for the move south.

lance.pugmire@latimes.com

twitter.com/latimespugmire

Advertisement