Think Big Sacramento's Jeff Dorso Discusses Economic Impact Of New Arena
Watch CBS News
Two of the three men involved in a plan to keep the Kings in Sacramento held meetings in Sacramento Monday.
Sacramento Kings fans came out in full force Sunday with a surge of excitement on the heels of the mayor's big announcement of a new arena deal.
The city of Sacramento and the group of billionaire investors have come to an agreement on a $448 million downtown arena, according to Mayor Kevin Johnson.
Kings fans are still waiting for new deal on a downtown arena in Sacramento. City officials missed the self-imposed deadline Thursday for how they plan to finance a new arena.
A term sheet for the plan to build a downtown Sacramento arena is expected to be revealed Thursday and spell out where the possible Kings arena will be built and how it will be paid for.