They’d have to waive an option, and that would cost them some money, and one source indicates that all of these things together might lead to a slow down in the Warriors’ arena search. Or all of this could be hard-ball negotiations.
San Jose Rumors
Owners of the NHL’s San Jose Sharks and the HP Pavilion arena appear to be spearheading hopes of bringing an NBA team to San Jose. Mayor Chuck Reed of San Jose told Yahoo! Sports that Silicon Valley Sports & Entertainment Enterprises reached out to the Maloof brothers, owners of the Kings, about bringing the franchise to San Jose to no avail as the Maloofs are intent on moving to Anaheim. The HP Pavilion holds 18,500 seats for basketball with 66 suites. It hosted a regional in the NCAA men’s basketball tournament last year and hosted the Golden State Warriors during the 1995-96 season while their arena in nearby Oakland was renovated. “We have all the ingredients for [basketball],” Reed said. “We just need someone that wants to buy a team and put them in the arena. That’s all.”