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Sacramento Kings majority owner Vivek Ranadive, center, applauds after the Sacramento City Council approved a financing plan for a new arena for the Kings NBA basketball team, in  Sacramento, Calif., Tuesday, May 20, 2014.  The council voted 7-2 on the package that clears the way for construction of a $477 million downtown arena.(AP Photo/Rich Pedroncelli)

Sacramento Kings majority owner Vivek Ranadive, center, applauds after the Sacramento City Council approved a financing plan for a new arena for the Kings NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The council voted 7-2 on the package that clears the way for construction of a $477 million downtown arena.(AP Photo/Rich Pedroncelli)

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