Today marks a pretty monumental time for the Sacramento Kings, as they released their first renderings for the new arena they will call home starting in the 2016-2017 season. The Kings were as close as any franchise to being relocated to Seattle as recently as last season as a Seattle-based group made a strong bid to buy the team from the Maloof brothers last year.
Finalizing a plan to get a new arena with new Kings Owner Vivek Ranadive was as important as any to keeping the team from re-locating outside of California. The purchasing of the land, known as Downtown Plaza, for the new arena was finalized last week and construction is expected to start this summer. The sum for which Ranadive and his group paid for the land plot was unknown.