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Sacramento was once a thriving NBA franchise that produced sellout streaks of 497 and 354 straight games. The building formerly known as Arco Arena provided one of the most notorious home-court advantages in the league.
Sacramento, with budget deficits and heavy job losses during the economic downturn, has turned down initiatives for years to contribute public dollars to replace or upgrade the aging arena.
"If we want to be a major league city, you have to have major league facilities," Johnson said. "And what you saw happen today and over the last couple of weeks, is the community stepped up and said we can make big things happen."
If Johnson's plan doesn't come to fruition, Anaheim could once again be an option for the Kings next year with the Honda Center and its luxury suites waiting in Orange County.
Maloof said he appreciated the support and encouragement from Anaheim officials and said he believed the city would get an NBA team in the future.
Anaheim Mayor Tom Tait said his city proved it's "NBA-ready" and should be considered its own market separate from Los Angeles, which already has the Lakers and Clippers.
Stern praised Anaheim's efforts and said he believes the city will one day have an NBA team.
"This process only moved it along, rather than detracting from it," Stern said.
[Associated Press;
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