The Sacramento Kings are likely moving to Anaheim before the start of the 2011-12 season, if there is a 2011-12 season, and nobody seems to be happy about this save for the Kings' co-owners, Joe and Gavin Maloof.
The casino-owning brothers have been bleeding money in both Sacramento and Las Vegas over the last few years, and they're hoping to cash in with Anaheim's NBA-ready arena already in place. The Honda Center might be behind the curve in terms of money-making amenities in comparison to most other NBA arenas, but it is light years ahead in that regard of the Kings' current home, Power Balance Pavilion.
The Kings' would-be Orange County neighbors, though, might not be too keen on any potential move. Arash Markazi of ESPN Los Angeles is reporting that the Los Angeles Lakers might vote against any potential move based on the way an encroaching rival franchise might temper the team's record-smashing TV deal that it signed last month.
Last month the Lakers agreed to an unprecedented 20-year television agreement with Time Warner Cable to distribute Lakers games and original programming across two regional sports networks in HD that will include the nation's first Spanish-language regional sports network. Although finances of the deal were not released, some reports at the time pegged the value of the pact at $3 billion, a figure Time Warner Cable and the Lakers have since refuted.
If a third NBA team moves into the market, however, the Lakers' television deal will decrease by about just under 10 percent, sources said without giving a breakdown of the numbers affected.
Oh noes!
Ten percent of a $3 billion dollar deal might not seem like a whole lot to those of us who clip deodorant coupons, but it will probably be enough to force the Lakers to vote against any possible Kings move when the league's 30 owners (or, "29 owners plus the league-appointed steward in charge of the New Orleans Hornets") vote to allow the move.
With only a majority win needed, any Laker nay-saying will probably have little affect on the creation of an NBA team in Anaheim.
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