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|Kings owners George, Gavin and Joe Maloof agreed to remain in Sacramento for one more year to give the city more time to work out an arena deal.|
"The timing is what it is," Maloof said. "We felt that staying another year in that arena and not having a clear path to a new arena wasn't fair to us or fair to our fans in Sacramento. Now that the mayor has reached out to the community and reached out to other people and he has a plan, we'll see what it is." The Maloofs are looking for a quick resolution because the team continues to lose money playing in an outdated facility with only 30 luxury suites and 412 club seats as opposed to the 84 luxury suites and 1,750 clubs seats the Honda Center would provide them. The family is also in the midst of restructuring the casino's debt, which they say has no bearing on the team and its future. "In general Las Vegas has been through a lot and we weren't immune to it," Maloof said. "We're doing a lot better now. When you're working with your debt and restructuring your debt it's a process and it's going to come out OK. It's only a matter of time." While the Maloofs have patiently waited for Las Vegas to recover from the fallout of the recession, they are no longer willing to be as patient when it comes to playing in a new arena. "Arco Arena is not an NBA arena. It's not even an NCAA arena," Maloof said. "It's a sense of pride for the community to have a nice arena. Timing-wise I know it's hard to ask people to finance an arena. Someone's got to ask them. We're not going to ask them. We won't do that. It's for the community and for the fans. We're just going to be a tenant in the arena and play there. It's a tough ask right now but if there's enough spirit and enough desire it can happen. The mayor is certainly very energetic, very determined and very focused. We have a lot of respect for what he's trying to do." As much as Maloof respects the efforts of Johnson and the City of Sacramento, getting the Kings to stay in the city after this season may take a bigger miracle than simply keeping them there for an extra 12 months as Anaheim waits patiently in the wings. "We want to come out of this with a new arena, that's our goal, and if we can't we have to look elsewhere," Maloof said. "We like Anaheim. That's the only place we're looking at. We haven't negotiated with anybody else. ... It's a dynamic market. We believe Anaheim and Orange County want their own team. It's an NBA-ready facility and they are committed." Arash Markazi is a columnist and writer for ESPNLosAngeles.com.