Showing posts with label Maloof. Show all posts
Showing posts with label Maloof. Show all posts

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]