AEG's Leiweke Present At NBA Meeting Regarding Kings Arena
SACRAMENTO (AP) — Sacramento Mayor Kevin Johnson is calling his meeting with NBA Commissioner David Stern and other executives a "productive conversation" about the city's efforts to help finance a new arena.
The meeting in New York on Friday also included AEG President Tim Leiweke. The Los Angeles-based company has expressed interest in operating a Sacramento-owned arena to house the Kings.
Johnson says in a statement that he "made clear Sacramento's seriousness of purpose when it comes to developing a true public-private partnership" for a new arena. Stern has said the Kings will again explore relocation if there's no arena plan by March 1.
The Sacramento City Council has approved several preliminary measures to finance a new arena. Details of the final plan — and a vote — are not expected until at least February.
Copyright 2011 The Associated Press.