SACRAMENTO, CALIF., Sept. 8, 2011 -- The following is a statement from the Kings organization in response to the Think Big Sacramento Nexus Report released today:
"The Kings organization views The Nexus Report as a very positive step toward the goal of a new entertainment and sports complex that will bring substantial economic benefits to the entire region and we hope will enable the team to continue playing in Sacramento. We were pleased with the report’s conclusion that funding for the project can be achieved using various revenue sources, none of which involve any broad-based tax.
We look forward to continuing to work with all interested parties to bring the project to completion."
About Maloof Sports & Entertainment:
Maloof Sports & Entertainment includes the Sacramento Kings and Power Balance Pavilion. Owned by the Maloof family with long-term, local partners, the organization is committed to being a contributing member of the Sacramento community. Teaming up with local leaders and non-profit organizations to give back to those in need throughout the region, MS&E has donated millions of dollars to charity in 12 years of Maloof family ownership. For more information about Maloof Sports & Entertainment, please visit Kings.com, PowerBalancePavilion.com or call 916-928-0000.