A deal for a has been reached that will allow the , The Sacramento Bee is reporting.
"Deal has been struck between City and Maloofs. HUGE hurdle leapt. Be cautiously happy people," wrote on Twitter. "There are still hurdles left. A few. Big ones have been crossed. Trying to do a show with tears in your eyes is not as easy as you'd think."
If a deal for a new downtown arena had not been reached, the Kings would have moved, likely to Anaheim or Seattle, .
Now, thanks in part to Sacramento Mayor Kevin Johnson, who will speak at the Carmichael Chamber of Commerce luncheon on March 27, that will not happen.