Virginia Beach Drops Bid to Land Sacramento Kings and What It Means for Future

January 8th, 2013 by Sim Risso Leave a reply »
Another bullet was dodged by Sacramento Kings fans, this one in the form of Virginia Beach, VA., as it appears the city is dropping its attempts to lure the franchise out of Sacramento.

According to Dale Kasler and Tony Bizjak of the Sacramento Bee, Virginia Beach is unwilling to go any further on the project because of its inability to reach a deal on a new arena. That's something Sacramento residents can relate to after the city's been unable to land an arena deal for years, putting the organization in this calamitous position to begin with.

"This just ain't gonna work at this point in time," Virginia Beach's mayor, Will Sessoms, told The Bee.

The plan was for the city and Comcast-Spectacor, who was expected to be a partner in the project, to reach an agreement by Jan. 8, that way they could bring the proposal to the Virginia legislature, which is expected to convene on Jan. 9 and go through mid-February. But since an agreement between the two parties wasn't reached by the deadline, the city has called off its proposal to the state legislature.

Both Comcast-Spectacor and Virginia Beach issued a joint statement saying they haven't "reach ...

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