INQUIRER.net: Seattle investor fund drive to defeat Kings arena

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Seattle investor fund drive to defeat Kings arena Aug 17th 2013, 01:57 SACRAMENTO, Calif. - Seattle billionaire Chris Hansen, who tried to move the Kings NBA franchise from Sacramento, is behind a secretive effort to thwart the city's efforts to build a new downtown arena for the professional basketball team, California's campaign watchdog disclosed Friday after an investigation. The announcement is an embarrassment for Hansen, who lost his bid after NBA owners voted to keep the team in California's capital city, and could undermine support for the local ballot measure Hansen funded that is designed to put to a citywide vote the council's planned $258 million subsidy for a downtown arena. ''I made a mistake I regret,'' Hansen said in a written stateme... Keep on reading: Seattle investor fund drive to defeat Kings arena

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