MYNORTHWEST NEWS

Seattle Mayor Mike McGinn says new sports arena not just a rumor

Feb 7, 2012, 6:19 AM | Updated: 8:43 am

Seattle Mayor Mike McGinn says the idea of a new sports arena for the city isn’t just a rumor.

“If somebody is going to come forward and spend hundreds of millions of dollars and invest it in our city, we have to take that seriously,” McGinn tells KING 5.

The mayor says negotiations are underway with investor Chris Hansen, who is a hedge fund manager in San Francisco. Hansen has ties to Seattle, but McGinn says he won’t get any public funding.

“I believe we have to be very careful and prudent with our city dollars,” says McGinn.

The proposed arena could house both an NBA and a NHL team.

Please follow our Community Guidelines

MyNorthwest News

jimothy seattle figurine toy...

KIRO 7 News Staff

Seattle Glassblowing Studio now selling Jimothy figurines, ornaments

It seems like everyone, from police agencies to pro sports to local artists, is jumping on the Jimothy love train.

23 minutes ago

winco foods grocery store seattle renton opening...

Jason Sutich

New WinCo Foods coming to Renton’s former Fry’s Electronics space

WinCo Foods is opening up its newest grocery store location in Renton at The Landing, inside the former Fry's Electronics building.

1 hour ago

car crash everett 100 mph...

KIRO 7 News Staff

Car crashes into Everett neighborhood at 100+ mph after brief pursuit, at least 1 seriously injured

At least one person was seriously injured after a car crashed into an Everett neighborhood and landed upside-down in a front yard early Wednesday morning.

2 hours ago

bill gates foundation jeffrey epstein...

Luke Duecy

Bill Gates ignored repeated warnings about Jeffrey Epstein, independent Gates Foundation review finds

Bill Gates was repeatedly warned by employees about the reputational risks of associating with convicted sex offender Jeffrey Epstein, but continued meeting with him for years.

2 hours ago

amber alert kennewick kidnap...

Frank Sumrall

Amber Alert suspect surrenders after kidnapping 4-year-old daughter in Kennewick

After a week on the run, Amber Alert suspect Matthew Susmilch has surrendered himself to authorities.

3 hours ago

missing vulnerable person kent...

Frank Sumrall

Kent police searching for vulnerable adult missing since July 12

The Kent Police Department issued a "missing vulnerable adult" alert after a resident went missing in early July.

4 hours ago

Seattle Mayor Mike McGinn says new sports arena not just a rumor