The Sacramento Kings may soon become the Anaheim Royals and the state capitol will lose a franchise team that has helped stimulate the local economy since moving to Sacramento in 1985. Northern California has suffered the most during the economic crisis and the worst is yet to come if and when the Kings move to Southern California.
The Maloofs, the wealthy owners of the Sacramento Kings, have been pushing for the city of Sacramento to build a new stadium for the Kings for years. In 2006, two bills were rejected that would have raised sales tax by a quarter cent increase over 15 years. Power Balance Pavilion, formerly known as ARCO Arena, is the smallest venue in the NBA with a seating capacity of approximately 17,317. The arena cost about $40 million to build which is one of the least expensive arenas in the NBA.
In 2001, the Sacramento Kings and Los Angeles Lakers rivalry was born as the Kings won their first playoff series in 20 years against the Phoenix Suns and then were swept by the Lakers. Nevertheless, the Kings gained popularity and began to play for sold out crowds. In the 2001-2002 season, the Kings made it to the Western Conference Finals against the Lakers. After a controversial series, the Kings lost to the Lakers in game seven of the series. The popularity of the Kings grew amidst the failure to bringing an NBA championship to Sacramento.
The Power Balance Pavilion and the team employ over 1300 full time and part time staff. If the Kings are relocated, there will be hundreds of people without a job in the already suffering Northern California economy. March 1, 2011 was the deadline to decide whether the Maloofs were going to relocate the Kings to Anaheim in the 2011-2012 season. They filed for an extension until April 18 when they will have to make a decision about moving the team.
Last week, the Maloofs filed federal trademark applications for the Anaheim Royals, Los Angeles Royals, Orange County Royals and Anaheim Royals of Southern California. Southern California will potentially have three NBA teams: the Los Angeles Lakers, L.A. Clippers and, possibly, the Anaheim Royals.
The citizens of Sacramento will have no one to blame but themselves if the Kings relocate because the taxpayers are the ones who rejected raising taxes to get the Kings a new arena. Next month Sacramento fans will have a definite answer about the future of the Sacramento Kings.
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