Va. Beach Mayor speaks out on Arena Deal and Sacramento Kings

After years of talks, over a million dollars spent on consulting reports, and most recently an NBA team looking to relocate, time has run out for now regarding plans to build a new arena in Virginia Beach with the Sacramento Kings as the building’s main tenant. Today, Virginia Beach Mayor Will Sessoms and Peter Lukko, the president of Comcast Spectacor, acknowledged they are no longer hopeful a deal can be made with the next week or so to bring a major league sports team to Virginia, that team being the Kings. “Both parties remain committed to the concept of an…