{"id":173627,"date":"2021-05-21T07:48:50","date_gmt":"2021-05-21T07:48:50","guid":{"rendered":"https:\/\/www.counterpunch.org\/?p=202516"},"modified":"2021-05-21T07:48:50","modified_gmt":"2021-05-21T07:48:50","slug":"nba-kings-financial-flop-to-hit-sacramentos-city-services","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/05\/21\/nba-kings-financial-flop-to-hit-sacramentos-city-services\/","title":{"rendered":"NBA Kings Financial Flop to Hit Sacramento\u2019s City Services?"},"content":{"rendered":"<p>Investing public dollars in private ventures is not risk-free. Consider the case of the NBA Sacramento Kings. The city of Sacramento borrowed $273 million to build the Golden 1 Center, where the Kings play. That deal required the city to take out a loan six years ago. Revenues from city parking service the borrowing, principal  <a href=\"https:\/\/www.counterpunch.org\/2021\/05\/21\/nba-kings-financial-flop-to-hit-sacramentos-city-services\/\">More<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/2021\/05\/21\/nba-kings-financial-flop-to-hit-sacramentos-city-services\/\">NBA Kings Financial Flop to Hit Sacramento&#8217;s City Services?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/\">CounterPunch.org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.counterpunch.org\/2021\/05\/21\/nba-kings-financial-flop-to-hit-sacramentos-city-services\/\">CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>Investing public dollars in private ventures is not risk-free. Consider the case of the NBA Sacramento Kings. The city of Sacramento borrowed $273 million to build the Golden 1 Center, where the Kings play. That deal required the city to take out a loa&#8230;<\/p>\n","protected":false},"author":372,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/173627"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/372"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=173627"}],"version-history":[{"count":2,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/173627\/revisions"}],"predecessor-version":[{"id":173705,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/173627\/revisions\/173705"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=173627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=173627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=173627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}