ORLANDO, Fla. - After seven hours of closed-door negotiations Sunday, there's still work to be done on crafting a funding plan for a new downtown sports arena.
Sacramento city officials, the National Basketball Association and the owners of the Sacramento Kings will continue talks this morning after huddling until 10 p.m. Eastern Time on Sunday at the Waldorf Astoria Hotel inside Disney World.
A weary Sacramento Mayor Kevin Johnson emerged at the end of the night to say that the process had moved forward - but that the sides had not reached a deal.
"From the city's standpoint, we know what we can do," the mayor said. "The NBA and the Maloofs know what they can do. There's a little bit of a gap in between and we're going to talk about those issues (today). I just don't think it's a gap that's insurmountable."
NBA Commissioner David Stern said the sides "made some progress" on Sunday and that "it is a good thing we're talking again (Monday)."
Johnson would not discuss what is separating the city and the Maloofs.
Kings co-owner George Maloof said, "We've still got lots of issues."
"It's been productive but there are some big issues," he said. "There are issues that we've got to figure out. We'll figure it out (Monday). If we don't, we don't, and we'll figure out what to do next. There's just some fundamental things we've got to
figure out."
Asked if the sides were close to a deal, team co-owner Joe Maloof said, "I can't really answer that."
The NBA has given the city until Thursday to come up with a plan, or risk losing the Kings.
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