Sacramento Mayor Kevin Johnson has said that the Kings arena deal is completely dead which means they may end up losing the NBA franchise.
After two days of talks between city officials and the Maloof family, Mayor Kevin Johnson announced today it became clear there were “irreconcilable” differences between the sides over the financing plan for a downtown sports facility.
“We know this door is closed,” the mayor said.
This could mean the return of the Seattle Supersonics!
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