If the Santa Cruz City Council approves the funding of a 3,200-seat temporary facility downtown, the Warriors NBA Development League team will move to Santa Cruz for next season.
The council will officially be introduced to the project on April 10. If it approves, the council will submit a final proposal to the Warriors and the NBA.
The plans call for Santa Cruz would loan the estimates $2.5 million cost of the project. The Warriors would provide $500,000 in basketball-related equipment and guarantee half of the loan, which is expected to be paid back in full through revenue from the D-League team.
If City Council approves, the facility is expected to be ready in time for the start of the 2012-13 D-League season. The Warriors would sign a five-year lease and begin looking into a new, permanent arena.
If the project is not approved, the Warriors will stay in Bismark, N.D., until they find other options.
Not only would the Warriors’ have a D-League squad closer to the NBA franchise, allowing local fans to see developing youngsters such as Jeremy Tyler and Chris Wright. But Golden State would also be willing to play a preseason game in Santa Cruz.
Why Santa Cruz, you wonder? When the Warriors first acquired the Wizards, talk was of them moving to San Jose. But Santa Cruz provides a unique opportunity.
• Santa Cruz can support a D-League franchise – and judging by attendance of local hoops, likely would
• There is nothing else to do in Santa Cruz during winter months
• No similar venue exists, which means Santa Cruz could become a location for other events, such as concerts