Think about what you do when you go a Kings game right now. You park. You pay for your ticket. You get something to eat and drink - maybe even leave with a souvenir. All of those are potential revenue sources for a new arena. Political strategist Chris Lehane is running the mayor's task force.
Lehane: "So people who are going, they're buying their hot dogs, they're buying their beverages, they're buying a jersey, whatever it may be - is there a way to create a fee on top of that which would contribute to the development costs."
Lehane's report says those "user fees" could bring in $5-20 million dollars a year. Naming rights could attract up to another $5 million a year. And Lehane also suggests nearby businesses that would benefit from an arena could contribute money to help build it.
User fees alone won't be enough. The project will also need private investments - from the Kings owners, operators and developers - and public contributions. For example, Lehane suggests the city could sell about 20 parcels of land whose value would go up if the arena is built.
But specific dollar amounts for each source aren't available yet. They'll be released early next month.


