Sacramento Approves Building New Kings Arena

City council plans to put $255 million in public money behind the $477 million entertainment and sports venue for the NBA's Kings

The Sacramento, CA, city council approved a plan to put $255 million in public money into helping the Kings professional basketball team erect a new entertainment and sports venue downtown.

The facility will include an arena that will be the NBA franchise's new home court and has a total expected cost of $477 million.

(more on Kings new arena . . . )

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