Study shows Sacramento arena would bring billions to surrounding area

6 Comments

While the NBA stumbles all over itself trying to divide up a multi-billion dollar pie, the folks in Sacramento are making moves to put their own pie into the oven.

The Think Big Sacramento coalition, which is the ever-changing moniker of the grassroots political coalition to keep the Kings in town (formerly Here We Build), released a report on Thursday showing that a new Entertainment and Sports Complex (ESC) would bring the area $7 billion of economic activity and 3.1 million new visitors to the region over 30 years.

As sources close to the proceedings reported to us in late May, this report provides the backbone of financial proof necessary to convince Sacramento area voters that the ESC is a necessary and worthwhile venture.  And while a public vote is not expected, the public’s blessing on the matter is obviously a key to its success.

The coalition, which includes politicians, city leaders, and consultants not just from the city of Sacramento, but from the neighboring counties as well, also struck it big when the report found that those neighboring counties would receive $26 million in revenue annually, while the county of Sacramento would receive $131 million of its own.

This information comes at a time when growing regional support for building an ESC in the city of Sacramento has challenged residents in the outskirts of the region to see and understand how economic benefits go beyond the proposed downtown site.

It also follows a previous report from Capitol Public Finance Group estimating that 4,095 jobs would be created in the Sacramento region during the completion of the ESC, which has a 12.8% unemployment rate, with another 400 new jobs being provided on an ongoing basis.

While politicians have hesitated in the past to get behind public financing for sports arenas, the tenor of the discussion in Sacramento has changed significantly, as regional leaders face the impending loss of those revenues should the Kings leave for Anaheim.

“The return on investment the public would get from this is enormous,” said Executive Director of Think Big Sacramento to Dale Kasler of the Sacramento Bee.

Rob Fong, city councilman for the city of Sacramento added that the ESC would be “not only good for downtown, not only good for Sacramento, it’s good for the six-county region.”

Add into the equation the excitement generated by the drafting of Jimmer Fredette and the acquisition of promising power forward J.J. Hickson, things look about as good as they can for a city that wouldn’t resign itself to the fate of losing their team. Heck, if they can re-sign free agent center Samuel Dalembert or otherwise bring in a veteran big man, there could even be a playoff series to properly eulogize the old Arco Arena (currently known as Power Balance Pavilion).

And if things continue heading in the right direction within the Sacramento City Council and the Think Big Sacramento coalition, the tone of that sendoff will be much more celebratory than the one this past April.

That is, if there is basketball to play.

Kobe Bryant gave a 30-minute pep talk to the Eagles before Rams game (VIDEO)

Twitter
1 Comment

Kobe Bryant is just about everywhere during retirement. We’ve talked before about how his post-playing career revisionism is one of the greatest works of sports marketing currently underway.

Of course, Ol’ Bean has to take some days off from being a “storyteller” and that includes cheering on his hometown Philadelphia Eagles. Bryant was born in Philly and lived there for various parts of his childhood, of course going pro directly from Lower Merion High School, located in a nearby suburb.

So despite the return of the Los Angeles Rams, it appears that Kobe is still an Eagles fan through and through. He apparently even spoke to the Eagles for half an hour before the team practiced in California on Friday.

Bryant also gave the world a little video message.

Via Twitter:

The bummer news for Eagles fans, of course, was that it was Philadelphia QB and MVP candidate Carson Wentz who was hit high and low on Sunday, and the team fears that he has torn his ACL.

Kobe is looking pretty thick in that jersey. Maybe they should work him out and see if he can’t beat out Nick Foles for the starting job the rest of the season?

Watch Victor Oladipo score a career-high 47 points vs. Nuggets (VIDEO)

1 Comment

Victor Oladipo was sent from the Oklahoma City Thunder to the Indiana Pacers along with Domantas Sabonis as part of a major trade for Paul George.

Boy, Pacers fans have got to be glad things have turned out the way they have.

Oladipo is having a career season in terms of scoring, rebounding, blocks, 3-point shooting and field goal percentage. His advanced stats look good too, as Oladipo’s efficiency per-100 possessions in many offensive categories have seen a rise to go along with his box score bump.

On Sunday, Oladipo scored a career-high 47 points in an overtime win against the Denver Nuggets, 126-116.

Oladipo’s performance was incredible, adding seven rebounds, six assists, two steals, and a block to go along with his 47 points. Oladipo shot 15-28 from the field, including 6-of-12 from 3-point range, and added 11 points from the free-throw line.

Watch the full highlights of Oladipo’s performance in the video above.

Rumor: NBA executives think Rockets have shot at signing LeBron James

Getty
3 Comments

LeBron James is now rumored to be headed to about 29 NBA teams this summer when he can opt out of his current contract and become a free agent. Earlier this week, we heard rumblings that LeBron could be interested in sharing a Los Angeles Lakers roster with Dallas Mavericks center-at-large Nerlens Noel.

Now we’re hearing that NBA executives think the Houston Rockets have a chance of nabbing The King in the summer of 2018.

All aboard the Banana Boat.

According to USA Today’s Sam Amick, both the Rockets themselves and rival execs think Houston is a real landing spot for James thanks in part to how well they are playing this season. James Harden is having another MVP-caliber year, and Chris Paul has played beautifully in his return.

Via USA Today:

While James has made it clear that he won’t deliberate his uncertain future until the Cavs’ season is complete, there is strong belief in Rockets circles that they’ll have a legitimate shot at landing the four-time MVP this summer. Rival executives also believe the Rockets will have a real chance. And once you really look at it, when you get past all the noise about the Lakers and even the compelling case for the up-and-coming Philadelphia 76ers, it makes all sorts of sense.

The only team we haven’t heard connecting rumors about is the Cleveland Cavaliers themselves. LeBron — whose family lives in LA — recently bought a new house there and all signs point to James heading to the Western Conference. Well, unless he goes to the Philadelphia 76ers, of course.

Then again it felt like a certainty that LeBron would head to the New York Knicks nearly a decade ago, an idea that seems hilarious in retrospect. The NBA is weird, and if LeBron dips from Cleveland expect it to get even weirder.

Sixers’ Robert Covington to miss at least one game after crashing into stands

Leave a comment

NBA fans love hustle from their players, but sometimes things go awry.

That’s what happened on Saturday night after Philadelphia 76ers forward Robert Covington dove into the stands to try to save a loose ball against the Cleveland Cavaliers.

The play came in the fourth quarter with under two minutes left and the Sixers down by just one point. Covington leapt into the far sideline just near the Cavaliers bench. He appeared to turn his ankle and land awkwardly on his back. The Cleveland floor has a small lip after the first row of seats that may have played a part in the injury.

Cleveland would go on to score on the play, and Covington had to be helped off the floor. The Cavaliers went on to win, 105-98.

Meanwhile, the 76ers will play Sunday in New Orleans against the Pelicans. According to NBC Sports Philadelphia, Covington will miss the game with a lower back contusion.

Via NBCSN Philadelphia:

X-rays and a CT scan came back negative. Covington is with the team in New Orleans and is doubtful for Tuesday’s game in Minnesota.

Covington tumbled out of bounds and over courtside seats while he tried to save a possession during a Sixers comeback attempt. There is an approximate four-to-five inch drop between the court and the area where Covington landed. Many of his teammates were unaware of Covington’s injury at first because it was out of their vision.

“It’s scary to see your teammate like that,” guard JJ Redick said. “They said he fell on his back. I wanted to make sure he’s walking and not in too much pain. But I just wish the best for him and hope he’s OK.”

Back injuries can be a complete hassle to recover from, especially when you’re deep in the middle of the season. Let’s hope the Sixers get Covington back soon.