KeyArena vs SoDo Site Size – Revisited

 Property  Comments Off on KeyArena vs SoDo Site Size – Revisited
May 212017
 

Early in this process, an examination of the proposed arena site in SoDo was done through google maps and scale overlays of other, existing arenas.  The zoom feature and dimensions bar in Google Maps was used to scale pictures appropriately, but it was an imprecise methodology.  With the recent KeyArena proposals and continued submissions of SoDo arena documents, we have some professionally sourced dimensions available in public documents and can revisit the SoDo site size compared to what’s available at KeyArena.

The ArenaCo property is outlined in red. KeyArena was automatically at the same scale and easily overlaid. Transparency enabled so you can see the red property lines.

KeyArena Size (Roof = 408 x 408 ft)

The AEG/Seattle Partners sketches include dimensions of the roof of KeyArena (“83% of the existing 166,400 square feet of roof area is being maintained”), which reduces to 408 linear feet on each side if we assume a simple 2D square.  The exterior dimensions of KeyArena could be smaller if AEG calculated square feet along the inclined roof surface.

SoDo Arena Size (357 x 515 (W end) or 695 ft (E end))

In the SoDo arena, we have street vacation requests that include surveys of the area.  The rough dimensions of Hansen’s arena footprint is on land that is 398 ft by ~680 / 710 ft.  The SoDo proposal (big pdf) constructs a 32.8 ft wide access road on the East side of the site and has a 8.4 ft setback from the 100 ft width of 1st Ave S, which leaves a SoDo arena building that’s 356.8 ft wide.  The land has quite a bit more space in the North-South direction, which is used to construct the NBA team’s practice facility on a four-level parking garage on the Northeast corner.  There is also a section of S Massachusetts St that gets included in the street vacation.

Survey shows dimensions of SoDo land available to build on.

SoDo Arena dimensions from Street Vacation Application

Ultimately, this confirms that the KeyArena site was not too small for an arena, even a modern arena, when you get a little more space outside the old roofline.  The OVG proposal for KeyArena includes an atrium area and parking garage built off the South end of KeyArena.  The Seattle Partners/AEG proposal involves underground excavation, the south end of the roof being extended, and the whole seating bowl being adjusted so it no longer sits centered under the apex of the KeyArena roof.

OVG creates more above-ground structure to the South and links them through an atrium

The Seattle Partners plan for KeyArena involves extensions underground and to the South with the old roof offset from the new seating bowl

KeyArena Rebuild RFPs Are In

 Other Arenas, Property  Comments Off on KeyArena Rebuild RFPs Are In
May 012017
 

KeyArena RFP Responses

The KeyArena RFP announced by Ed Murray back in October 2016 has had more detailed, although still annotated as “redacted for public,” responses.  The AEG/Seattle Partners response is a 6 page executive summary and a 690 page full proposal pdf that includes letters of support from other NBA team owners.  The Oak View Group has submitted a 3 page executive summary and a 108 page proposal.  This is going to take some time to comb through, so I’ll add more details when time permits.  I added the Key RFP page to the list of links above.

King5 has a story that summarizes some details of the proposals, which can give you some inspiration on what to look out for.

Russ Partners with SoDo Arena Group (ArenaCo) “not just for PR”

 Other Arenas, PR Campaign  Comments Off on Russ Partners with SoDo Arena Group (ArenaCo) “not just for PR”
Nov 142016
 

Chris Hansen’s “all private, but not really” arena plans needed to be re-injected into the news cycle a bit more and so there’s this

Bringing local celebrities into ownership groups is not exactly new, of course.  Will Smith owns a bit of the 76ers, Jay Z owned a tiny bit of the Barclay’s Center and Nets, Fergie and JLo (and many others) own a bit of the Dolphins, etc.

But, as far as generating local excitement for Hansen’s plans vs an almost-RFP’ed “something” to the KeyArena, this bit of news may be exciting enough to be worth giving Russell Wilson a chunk of the arena/team, if it happens.  (As these are usually private transactions, we have no idea if Russell becomes a partner as payment for endorsement services or if he signs a check from his personal bank account and the percentages involved have not been disclosed).

Now if only Hansen could find a NHL team not too cheap to participate in his privately financed arena.  Oh bother.

The Coyotes and Arizona State University announced that the Coyotes have entered into an exclusive negotiation agreement with Catellus Development Corp., ASU’s athletic facilities district developer, to work towards the finalization of a new arena and commercial development project within the 330-acre district along Tempe Town Lake.

Correction:  An “unnamed, but familiar” source says it’s not just for PR, but won’t tell us any terms of the arrangement.  Not just a PR figurehead could still be “we’ll give you 0.1% of the arena if you schmooze the right councilmembers and talk up the deal on sports radio”.

A person familiar with the agreement told KIRO Radio’s Michael Lewis that Wilson independently approached the Seattle Arena partnership, making it a five-member team. Wilson is a financial investor – not just a PR figurehead – in the partnership, though the source would not disclose the terms

Hansen’s Arena EIS Documents Finally Submitted, Sports Reporters/Cheerleaders Stir

 MOU, PR Campaign, Property  Comments Off on Hansen’s Arena EIS Documents Finally Submitted, Sports Reporters/Cheerleaders Stir
Oct 022014
 

After months of delay and meandering careful collection of detailed analysis and predictions, Hansen’s team has submitted all requested info to the Seattle Department of Planning and Development.  As you can see by hours billed, work has been sparse, on the city’s side, for many months.

King5’s Chris Daniels continues to beat the arena drum, including dropping old details into his stories and not reporting the more negative finding that other outlets have (the leaders did not want to open the MOU to NHL first at this time).

The NHL is widely believed to be anxious to bring a team to the Seattle market. There was no formal presentation about the market during a league meeting on Tuesday. An NHL spokesman also said there were no formal talks about expansion during the owners meetings in New York City.

The league’s commissioner Gary Bettman and Deputy Commissioner Bill Daly both flew to Seattle earlier this year, along with potential owner Victor Coleman. They all met with Seattle Mayor Ed Murray and King County Executive Dow Constantine. Bettman later said the meeting was to get an update on the status of the arena. Murray says the league leaders also asked the city about the possibility of changing the Memorandum of Understanding on the arena, to allow for an NHL team to prompt construction.

 

Paul Allen Wants to Put NHL in Portland

Humorously, one ex-Microsoftee who actually lives in Seattle is speaking publicly about their desire to put an NHL team into the underutilized arena his LLC owns. Once you own the building, it really helps to have as many events in it as possible (and it’s best if the potential team owner is interested in doing that to minimize their sunk arena costs, or else you end up with Ackerley).

Donald Sterling’s Not Ready to Fade Into Obscurity, Clips Sale of Team

 Lawsuit, Other Arenas  Comments Off on Donald Sterling’s Not Ready to Fade Into Obscurity, Clips Sale of Team
Jun 102014
 

Donald Sterling has reversed course, instead vowing to fight the sale of the LA Clippers to Steve Ballmer.  Yes, we all saw this coming, but that doesn’t make this any less amusing.

“From the onset, I did not want to sell the Los Angeles Clippers,” he said in the letter. “I believe that Adam Silver acted in haste by illegally ordering the forced sale of the Clippers, banning me for life from the NBA and imposing the fine. Adam Silver’s conduct in doing so without conducting any real investigation was wrong.

“The action taken by Adam Silver and the NBA constitutes a violation of my rights and fly in the face of the freedoms that are afforded to all Americans.”

Different circumstances, entirely, but it will be entertaining to see what goes on in a lawsuit against the NBA (like so many had suggested Hansen should do re: the Kings).  Will LeBron and the Players Association follow through on their threats to boycott ?

$2.5 Billion Dollars ???

 Finance, Lawsuit, Other Arenas, Security  Comments Off on $2.5 Billion Dollars ???
May 272014
 

Ok, so this could all be bluster, but this is absolutely an insane amount of money for an NBA team.  Maybe we all vastly under-estimate how profitable this game is.  Remind me again how Ballmer and Hansen couldn’t pay for their own building ?

 

From Sterling’s response, it sounds like I need to pick up some popcorn.

INTRODUCTION
On the basis of remarks made in a livingroom during a “lovers’ quarrel,” which were illegally recorded and then disclosed months later in retaliation for a lawsuit by Mr. Sterling’s wife, the NBA seeks to forcibly strip Mr. Sterling and his wife of their ownership interest in the Los Angeles Clippers. The NBA’s use of this illegal recording constitutes a clear and blatant violation of Mr. Sterling’s California constitutional rights. The authors of the charge did not have the courage, decency, or honesty to acknowledge the circumstances surrounding Mr. Sterling’s jealous rant or even that the source of their information was borne from the “fruit of the poisonous tree.” So, in reality, Mr. Sterling is being banned for life, fined $2.5 million, and stripped of his ownership for a purely private conversation with his lover that he did not know was being recorded and that he never intended would see the light of day. We do not believe a court in the United States of America will enforce the draconian penalties imposed on Mr. Sterling in these circumstances, and indeed, we believe that preservation of Mr. Sterling’s constitutional rights requires that these sham proceedings be terminated in Mr. Sterling’s favor. This is particularly true when over its entire history the NBA has never fined anyone as much as $2.5 million, never suspended any owner for life, and never undertaken to confiscate an owner’s team for any offense, much less an alleged offense originating in a conversation in a private setting that was illegally recorded

 

I Missed My Chance ?

update 5/28  at 7PM PST

 

Bids are In

update 5/29 at 4 PM

The first round of bids are in, Ballmer may be in the lead.

Sources close to the process believe that former Microsoft CEO Steve Ballmer’s group currently has the leading bid, however the situation remains fluid as negotiations continue with the two other strong groups and Shelly Sterling works to persuade her husband of 58 years to agree to sell the team.

May 162014
 

The Wall Street Journal sat down with Steve Ballmer and talked about his golf game, the new CEO, and if he’d buy the Clippers.  It turns out, Steve has considered that option but doesn’t feel obligated to bring the NBA to Seattle.  He may be a billionaire, but he’s not foolish with his money.

WSJ: You’ve tried a couple times to buy an NBA franchise to return a basketball team to Seattle. Are you interested in the Los Angeles Clippers, if the team goes up for sale?

Ballmer: I have nothing definitive to say. Am I right on top of what’s going on there? Absolutely I am. I love basketball, and I’d love to participate at some point in the NBA. If the opportunity is outside of Seattle, so be it. I will learn about any team that comes up for sale at this point.

WSJ: So you wouldn’t move the Clippers to Seattle?

Ballmer: If I get interested in the Clippers, it would be for Los Angeles. I don’t work anymore, so I have more geographic flexibility than I did a year, year-and-a half ago. Moving them anywhere else would be value destructive.

Did Chris Hansen Ever Register As a Donor ?

 Lawsuit, PR Campaign  Comments Off on Did Chris Hansen Ever Register As a Donor ?
May 082014
 

I’ve periodically browsed the California Secretary of State website to follow up on my concerns about the PAC “Citizens for a Voice in Government, Major Funding by Investment Manager” not being a valid name for a primary named ballot committee according to the rules for naming such committees as stated on Form 410:

Primarily Formed Committees  –  Ballot Measures:

The name of each committee primarily formed to support or oppose a ballot measure must include:

•A statement identifying the ballot measure(s) number or letter and whether it supports or opposes the measure(s) (e.g., Committee For Proposition/Measure __ or Committee Against Proposition/ Measure __).

•The name must include the economic or other special interests of its major donors of $50,000 or more, in descending order based on the amount contributed to the committee. The list of these economic or special interests may not be interspersed with constituencies such as “concerned citizens, or consumers.”

According to the report by the FPPC, the following facts are stated:

On the afternoon of Friday, August 16, 2013, Mr. Baric emailed the Enforcement Division copies of campaign statements he intended to file on behalf of his clients. The filings included a Statement of Organization (Form 410) for a primarily formed committee called Citizens for a Voice in Government, Major Funding by Investment Manager (“Citizens”).  Brandon Powers was listed as the principal officer for Citizens and Lysa Ray the treasurer.  Also, included was a semi-annual campaign statement (Form 460) for Citizens for the January 1, 2013 through June 30, 2013 reporting period. The statement indicated that Citizens received a $100,000 contribution from Chris Hansen, and listed Loeb & Loeb as an intermediary on that contribution. The statement also listed a payment of $80,000 to GOCO Consulting, Inc., amongst other expenses. Lastly, Mr. Baric provided a semi-annual campaign statement for Mr. Hansen (Form 461) identifying him as a major donor for his $100,000 contribution on June 21, 2013 to Citizens.  Upon receiving copies of the campaign statements from Citizens and Mr. Hansen, the Enforcement Division dismissed the civil complaint against Loeb & Loeb.  On August 21, 2013, each of the campaign statements listed above were filed with the City of Sacramento Clerk’s Office.

As best I can tell, there’s still nothing on the SoS website for Chris Hansen as a major donor in 2013, still no registration for a committee “Citizens for a Voice in Government, Major Funding by Investment Manager,” listed online.  At best, we have the form 460 from the sac bee that, based on the pending committee number and lack of official stamps, was likely provided by Baric as what they intended to file and was not provided as a copy from the California Secretary of State’s documents.

Back in August 2013 I e-mailed the FPPC inquiring if the “Citizens for a Voice in Government, Major Funding by Investment Manager” recipient committee was registered and received a reply from A(removed) K(removed) that:

SOS hasn’t yet posted on their website that they’ve logged the original (although they may have it), but I spoke with someone at the City of Sacramento who said she expects to receive a copy today.

Her contact information is: H(removed) C(removed), Senior Deputy City Clerk, (phone number removed)

Please let me know if you are unable to get it later today because we expect a copy to arrive at our offices today.

But, as is listed as a footnote to the “On August 21, 2013” statement, maybe the fax machine ate it.

The City Clerk’s office received the original copies of the statements in the mail on August 21, 2013 and date-stamped them that day. The attorneys for Mr. Hansen and Citizens stated that they faxed copies of the statements to the City Clerk’s office on the afternoon of August 16. The City Clerk said it did not receive those faxes but stated that it was having technical problems with its fax machine on August 16.