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POSTED October 15, 2012 8:58 p.m.

BASKETBALL

KINGS SIGN NAMING RIGHTS DEAL FOR ARENA: SACRAMENTO  (AP) — The Sacramento Kings will have a new name for their arena.

The team on Monday announced a multiyear naming rights deal with Sleep Train Mattress Centers.

The arena in Sacramento was called Power Balance Pavilion last season but the Kings were looking for a new partner after Power Balance filed for bankruptcy.

The name change will become official in November. The Kings' home opener this season is Nov. 5 against the Golden State Warriors.

FINAL OKS GIVEN FOR SEATTLE ARENA DEAL: SEATTLE (AP) — The King County Council and the Seattle City Council gave their final approval Monday to an agreement to build a $490 million basketball and hockey arena in the city, despite the threat of a lawsuit from longshore workers.

Mayor Mike McGinn called the votes important steps toward bringing professional men's basketball back to Seattle. He and King County Executive Dow Constantine were scheduled to sign the deal Tuesday.

Hedge fund manager Chris Hansen is leading a group that wants to build the $490 million arena near the existing Mariners and Seahawks stadiums with $200 million in public financing. The public investment would be paid back with rent money and admissions taxes from the arena, and if that money falls short, Hansen would be responsible for making up the rest. Other investors include Microsoft Chief Executive Steve Ballmer and two members of the Nordstrom department store clan.

COLLEGE BASKETBALL

BOB KNIGHT SELLING RINGS, MEDAL AT AUCTION: NEW YORK (AP) — Hall of Famer Bob Knight is selling his championship basketball rings and Olympic gold medal for what he considers a very good reason: the education of his grandchildren.

A collection of the former coach's memorabilia will be auctioned by Steiner Sports Memorabilia. It's part of a sale that features the jersey Yankees pitcher Don Larsen wore while pitching a perfect game in the World Series.

"John Havlicek and I were just talking one day about all the stuff we had accumulated over the years," Knight said Monday from the Denver airport, referring to his college teammate at Ohio State who went on to a Hall of Fame career with the Boston Celtics. "As we talked we decided the money could be very useful to put our grandchildren through college."

The auction, which has already started for some items, runs through Dec. 5 and will feature Knight's rings from his three NCAA championship teams at Indiana — the undefeated 1976 season and the ones from 1981 and 1987.

HOCKEY

NHL LABOR TALKS TO RESUME TUESDAY IN TORONTO: NEW YORK (AP) — The NHL and its locked-out players will resume negotiations Tuesday in Toronto after a four-day break following two days of meetings last week.

The announcement Monday comes on the same day players missed their first scheduled paycheck of the regular season. The NHL has called off 82 games through Oct. 24 — the first two weeks of the season. More cancellations likely will be made soon if a deal isn't reached.

An agenda is not yet set for the talks that shift to the union's office from league headquarters. But the sides will be looking to make headway on the core economic issue — the division of hockey-related revenue. That issue took a back seat in New York last week when the league and union worked on secondary matters that also must be resolved.

 

 

AUTO RACING
NASCAR AND FOX SIGN 8-YEAR EXTENSION THROUGH 2022: CHARLOTTE, N.C. (AP) — NASCAR and Fox Sports Media Group announced a $2.4 billion, eight-year extension Monday that runs through 2022 and keeps the prestigious Daytona 500 and first third of the Sprint Cup Series on the network.

Fox, which has been with NASCAR since 2001, will pay an average of $300 million annually beginning in 2015 in its first fee increase in more than a decade.

TENNIS

SAFAROVA REACHES 2ND ROUND AT KREMLIN CUP: MOSCOW (AP) — Eighth-seeded Lucie Safarova of the Czech Republic advanced to the second round of the Kremlin Cup on Monday by beating Russian wild card Margarita Gasparyan 6-3, 4-6, 6-2.

Safarova won five consecutive games in the first set, then broke twice in the third before serving out the match at love. In the second round, Safarova will face fellow Czech Klara Zakopalova, who beat Alexandra Cadantu of Romania 6-3, 6-3.

 

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