A “framework” of a deal has been reached between Sacramento, the Kings, and the NBA. The deal would require the Maloofs to pay $75 million upfront with another $75 million to be paid later. The Maloofs plan on charging a ticket surcharge to pay for their portion of the deal. According to Mayor Kevin Johnson the Maloofs wil pay only $70 million.
There was no mention of how much the NBA would contribute or what the total costs were going to be. Mayor Johnson, Kevin Stern and the Maloof family have been meeting in Florida during the All-Star festivities.




