NORFOLK, Va. (AP) - Gov. Bob McDonnell's will not include $150 million in his proposed budget to help bring an NBA team to Virginia Beach.
McDonnell spokesman Tucker Martin told The Associated Press on Friday the project could still be funded, but further study is needed.
Virginia Beach is considering building a $300 million, 18,500-seat arena near the oceanfront to persuade an unnamed professional sports team to relocate there. The city asked the state to pay $70 million for construction and $80 million toward the unidentified team's relocation costs. A likely target for relocation would be the NBA's Sacramento Kings, which failed to reach an agreement to build a new arena there this spring.
Without state assistance, city officials say the arena deal is dead.
McDonnell will unveil his budget proposal Dec. 17.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.
As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.
If you have any ideas to improve the conversation or this section let us know. Send an e-mail to email@example.com.
powered by Disqus
|There are currently no active polls at this time.
Click here to view other polls on our site and past poll results.