Virginia is for lovers . . . and Kings too?
Via Sacramento’s News10.com:
The owners of the Sacramento Kings plan to move the team to Virginia Beach, according to a newspaper based in nearby Norfolk.
The Kings would be tenants in a new arena to be built near the Virginia Beach Convention Center and operated by Global Spectrum, according to Inside Business.
The paper says lease payments would be guaranteed for 25 years by Comcast, which owns Global Spectrum.
Comcast would reportedly get broadcast rights and its name on the new arena.
Inside Business quotes sources as saying the Maloof family will join Comcast officials in announcing the planned move next Wednesday, one day after meeting in a closed session with the Virginia Beach city council.