April 14, 2013; Houston, TX, USA; Sacramento Kings logo on a wall during a game against the Houston Rockets in the third quarter at the Toyota Center. The Rockets defeated the Kings 121-100. Mandatory Credit: Brett Davis-USA TODAY Sports

Chris Hansen releases a statement on funding anti-arena group in Sacramento

The short of the story is that Chris Hansen, who led a group trying to buy the Sacramento Kings and bring them to Seattle, funded a group that was against building an arena in Sacramento. This came after NBA owners officially voted against relocation which had already effectively ended Hansen’s group’s bid.

Hansen still worked against the Sacramento ownership by supporting a group that was trying to prevent the Kings from building a new downtown arena.

Hansen released a statement via Sonicsarena.com:

“I made a mistake I regret.

“When our binding agreement to purchase the Sacramento Kings became a competitive situation and we were faced with both the prospect of seeing our transaction fail and losing our $30 million deposit, I engaged Loeb & Loeb to canvas the various opposition groups to gain an understanding of their efforts and the prospects of their success.

“During this time I was approached through Loeb by the opposition about making a contribution to the opposition’s efforts as part of a broader group and agreed to make a donation.

“In this regard I would just like to highlight that I have never directly engaged with or even had any conversations or contact with STOP, Taxpayers For Safer Neighborhoods, or any the various consultants engaged in the Sacramento Arena opposition. It was also not my intent to be the primary financial sponsor of the opposition’s efforts. I merely agreed to make a donation to the opposition in what had become a competitive and heated process.

“I have not agreed to provide any further political contributions and do not intend to make any further contributions.

“I would also just point out that the contribution was made in my personal capacity and not on behalf of our ownership group or my partners. In fact, I have never discussed the contribution with them to date.

“While I’m sure everyone can appreciate how easy it is to get caught up the heat of battle, with the benefit of hindsight, this is clearly a decision I regret. I wish the city of Sacramento and Kings fans the best in their efforts and they have my commitment not to have any involvement in their arena efforts in the future.”

— Chris Hansen

Tags: Chris Hansen Sacramento Kings

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