Sunday, February 28, 2010

Maloof's Renegotiaing Palms' Debt Structure

Article in the SacBee about the Maloof's renegotiating their Palms' debt structure. The article also notes that the Kings are in a solid financial situation, even if 2011 NBA season is a lockout.

"City Treasurer Russ Fehr said his review of the Kings' books tells him the team is capable of paying its annual $5 million-plus debt here.

Maloof said team finances have stabilized this year and 'the Kings are in good shape. Our revenues are up.'"


Maloofs renegotiating loan on Vegas hotel [SacBee]

No comments:

Post a Comment