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Sacramento Kings
The Kings squeaked into the playoffs in 1996 largely due to the effort of star player Mitch Richmond. Eventually the team was sold to the Maloof Family, who finally changed the direction of the team.
In light of declining attendance at ARCO Arena and increasing obsolescence of the building compared to newer NBA venues, there was a campaign to build a new $600 million facility in downtown Sacramento, which was to be funded by a quarter cent sales tax increase over 15 years.
Thus NBA publicly called for a new arena to be built at another well-known Sacramento facility, Cal Expo, the site of California's state fair.
The NBA promises that no public money will be used for the project; the Cal Expo board has long sought state legislation that would allow Cal Expo to form a joint-powers authority to issue bonds and lease land to developers, it is thought that negotiations for an NBA arena will more quickly bring this to fruition.
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