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Stern: Sacramento Arena Deal Fell Apart

They're now likely to move again. A snippet from the article: "We had an agreement in principle," he said of the term sheet for a $391 facility the sides agrees to in Orland in late February. "You can call it whatever you want. It was always non-binding and I think it’s fair for the Maloofs to say they don’t want to do it. If they it had done that earlier and in simpler terms, it could have saved a lot of angst and trouble." "I am extremely disappointed on behalf of both the Maloofs and the city of Sacramento," he said. "There’s nothing further to be done and this is a situation the Maloofs will have to make judgments on and the city will have to make judgments.

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