New details of the Sacramento Kings’ plan to move their G-League team from Reno to Stockton have emerged ahead of a vote to finalize the agreement.
The agenda for Tuesday’s Stockton City Council meeting includes a copy of the Kings’ proposed lease with the city of Stockton and a letter of intent signed by the two sides.
Under the lease’s terms, the Kings will agree to pay $9,000 for each of the 25 regular season games — $225,000 total — at Stockton Arena in the 2018-19 season, plus another $9,000 per postseason contest.
Rent will then increase by 5 percent for the 2019-20 season ($236,250) and again for 2020-21 ($247,500).