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Wilton Rancheria becomes Sacramento Republic FC’s majority owner; New stadium plans announced

Wilton Rancheria becomes Sacramento Republic FC’s majority owner; New stadium plans announced
Don't stop believing. Maybe that's the theme of the day here today. Good morning, everyone. *** beautiful fall day for *** big announcement. And I want to begin as I always try to do because I do nothing alone as mayor of the city to acknowledge, recognize and thank all my colleagues who are here today. Council member Lisa Kaplan from District one How the Matter Chantal from district two mayor pro TEM Karina Talamantes from district three council member Katie Valenzuela from district four council member, Eric Guetta from district five, excuse me, six vice mayor and council member for district five council member, Katie Maple from district seven coach council member Rick Jennings. And for this debate, council member Mai Vang, welcome to all of you and our city manager who I will talk about in *** few moments. Howard Chan and his entire team. Thank you this morning. I am proud. I am happy I am over the moon to announce that after eight years of never ever giving up the Wilton Ranch area, led by Chairman Jesus Durango and his tribal council in partnership with the Republic FC owner Kevin Nagle Downtown Rail Yard Ventures and Denton Kelly and the city of Sacramento has reached *** comprehensive agreement to build *** state of the art professional soccer stadium in the rail yards under the banner of the Sacramento Republic at sea. I could step off the stage right now and that would be enough for that is the lead. But today we are announcing even more our proud tribal nation partners. The Wilton Rancheria will invest in building *** major housing, entertainment, retail and commercial development into 17 acres just east of the 12,000 seat expandable soccer stadium. And Drv will invest in rehabilitating the old rail yards, paint shop and partner with *** major music promoter to build *** 3600 seat music venue in the heart of the rail yard. That's worth *** big applause as well. The city of Sacramento will be both *** full partner in these projects and will uphold the promise we made when these opportunities first arose. Eight short or long years ago, we will expand the infrastructure finance district. We're going to invest in infrastructure which is the right thing for the city to do throughout the entire rail yards. Approve billboards and signs and purchase *** key piece of land next to the Sacramento Valley station. The city is not and will not write *** check out of its general fund. This investment and the city's investment in infrastructure will only grow our tax base and allow our city over time to provide more of the basic services that people count on economic growth, economic development is good and great and we need more of it in this city. I think it is fair to say that this is the biggest announcement for our downtown since the 2013 fight to save the kings and build *** golden one center. And don't go now as mayor of our city, I get the privilege to make this announcement for our city. For one reason, all of these partners that you will soon hear from never gave up the indomitable city, they never gave up. They fought to make Sacramento their home and their future. And so let me begin with some thank yous. The framework for this agreement, by the way, is very complex. This whole story to be told about how we all came together. But really the framework for this agreement is not that much different from what we put on the table five or six years ago. But here is the difference and why we stand here today, we finally found the right investor and that's the Wilton Rancheria and Chairman Tarango. So we say I say thank you chairman, thank you to your coo Chris Franklin. What *** man. Thank you to your entire tribal council right there. All of you who I know had *** lot of choices and your entire nation for choosing Sacramento and choosing to come back to your ancestral lands because that's every bit as important as anything else about what we are doing here today, I speak on behalf of *** grateful city that you're choosing to come here and to partner with us. And I personally am forever grateful to you. Thank you, Kevin Nagle. Todd Delavan, the leaders of the Sacramento Republic. Thank you, Todd, former professional athlete, smart and calm under pressure. You're *** key piece of this and thank you and this gentleman sitting on the end here, Kevin Nagle is *** Sacramento hero and I don't say that lightly. Kevin Nagle is *** Sacramento hero. This project had so many stops and starts and Kevin and Todd and the Republic and Drv always did the right thing with other potential investors, but some of this history has been well chronicled and you know, given some of the challenges and difficulties that Kevin specifically could have understandably and rightfully picked up stakes at any time and chosen to go elsewhere and he didn't, he chose Sacramento. He was loyal to Sacramento and I again and our city are forever grateful. Thank you and did Dan and Kelly. And to Drv, you have always believed and worked to develop the potential of what we call the single largest infill project west of Mississippi. And you have worked tirelessly on so many fronts to not only promote the rail yards but to promote the city of Sacramento and you never gave up. And I, and we are also forever grateful to you. Thank you and to all of our business organizations who work tirelessly on behalf of our downtown and our city. From visit Sacramento to the Downtown Partnership, Michael, the two Michaels and Barry Broom and G Sack. Thank you so much for believing in our city, the metro chamber. Everybody else who is here who work day and night to make sure that this downtown in the central city is everything that we want it to be. Thank you to assembly member mccarty, who you're going to hear from in *** few moments for always believing in your city. And I want to give *** special thank you and *** profound gratitude to Senator Angelique Ashby who is sitting in the front row here when this story is written. Part of what will be written is that Senator Ashby played *** key role on *** very, very difficult state issue that needed to be addressed. And if it had not been addressed, we would not be here celebrating today. So thank you, Senator Ashby, my friend. And then there is the city of Sacramento and I've acknowledged my colleagues who love this city, so many who are going to be carrying on as I leave this office and this will be in your good hands. And I'm grateful again to all of you city manager Howard Chan and your team, Howard. You have been *** great partner in this and in so much else over these eight years, we all have our critics, but you together with me and together with all of us have helped steer this city through unbelievably tumultuous and historic times. And on this agreement, after I kind of set the table, you came right in there and we partnered together to help land this five part behemoth of *** deal. And I am forever grateful to you and your team to Michael Jaso, to Leslie Fri, to Marco Gonzalez. Oh my God. The people who do the real work here to our city attorney, Susanna Alcala Wood and Matt Ruak and Michael Sparks. Thank you for the late nights and the frustration about. Well, what did you mean by this particular provision and all the city team and city staff from all the departments who are *** big part of this? And *** huge shout out to me. My entire staff, Mary Lynn Linga is back here. Thank you and so many others who have been part of my team for so long. But I want to give *** huge shout out to *** man who is the city hall whisperer, *** man who has been indispensable to all of this. He has been my right hand, my strategist and my sometimes therapist. Please give it up for Scott White, my staff and thank you to everyone who never gave up when some thought this could never happen. The city council will vote Tuesday at 5 p.m. in these chambers behind us here at City Hall on this agreement and on all of its details. And I am hopeful because I never take anything for granted, but relatively confident that it will pass overwhelmingly, as you all know, I am exiting the stage next month. I could not think of *** better way to end this chapter of my service and it's *** little bit of *** book end for me because it was the end of my last service as Senate pretend that I was in *** position to play *** role to pass *** very important bill and help save our kings. And so this is *** happy moment for me, but mostly I am so proud of Sacramento. We are *** growing, *** vibrant and exciting and *** changing city. And with all that growth and change comes many challenges which we are meeting every day head on today represents why it is so important to always be ambitious about our city, to always be positive about our city and to always work for more good and great things for our city and for our people. This is Sacramento. We never give up the indomitable city. We always welcome new people. We make places for people and for families to have fun and to make memories. And that's what this is about too. We focus on the present and we always always point to the future. What *** great day, everybody. Thank you.
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Wilton Rancheria becomes Sacramento Republic FC’s majority owner; New stadium plans announced
Wilton Rancheria will become the majority owner of Sacramento Republic FC as part of a new push for a soccer stadium in downtown Sacramento.It's the first time a tribal nation has ever held majority ownership of a men’s professional sports team.Sacramento Mayor Darrell Steinberg also announced a new proposal aimed at speeding up the development of the stadium in the Railyards now that Wilton Rancheria is backing the Republic. The plan envisions the city of Sacramento, Republic FC and Downtown Railyards Ventures as partners. A city council vote on a proposed term sheet is set for Nov. 12. See what's in the deal here."Wilton Rancheria is proud to be the first Tribal Nation to hold majority ownership of a men's professional sports team, an industry where ownership has not traditionally reflected the diversity of its fans or surrounding communities," Wilton Rancheria Chairman Jesus Tarango Jr. said. "This milestone not only marks a significant step for Wilton Rancheria but also reinforces Sacramento’s dedication to inclusivity and opportunity. Wilton Rancheria has always been a part of Sacramento’s history, but this partnership marks a new chapter for us, with an opportunity to help write its future."Steinberg said the new stadium would be the anchor of a 31-acre development featuring housing, a new music venue and retail.Wilton Rancheria is the only federally recognized tribe in Sacramento County. It is the owner of Sky River Casino in Elk Grove. The casino was already a partner with the Republic. "We finally found the right investor," Steinberg said of Wilton Rancheria.He said the city would invest in infrastructure but "not write a check out of its general fund."As for Republic FC, the club said Chairman and CEO Kevin Nagle will stay on as an owner and become a managing partner. The club update comes after the end of the 2024 season. Sacramento Republic FC was knocked out of the USL Championship playoffs in the first round against the Las Vegas Lights on Friday. The Republic said afterward it would part ways with its longest-tenured coach, Mark Briggs, who led the club for five seasons. Previous Republic announcements with city officials have also concerned plans for a new stadium at the downtown railyards. While those earlier plans fell through, Sacramento Mayor Darrell Steinberg alluded to possible progress during an interview with KCRA 3 in September. "Our private investor backed out on this during COVID. That's what happened. It wasn't any mistake by Kevin Nagle or the Republic or the city; the investor backed out," Steinberg said. "In these next couple of months, it may be our time. I'm working on it. I have 82 days. You think I'd be riding off into the sunset? Nope. I'm actually working harder than I ever have because I want to deliver something special for the people in the Railyards. Not just sports, but also music and entertainment. More to come."Steinberg said Thursday that Wilton Rancheria "came into the picture" less than a year ago. Negotiations with all parties were complicated, intense and difficult, he said. He said the plan doesn't rely on Republic FC becoming a Major League Soccer team or preclude that from happening. "We’re major league already," he said. "This project stands on its own."Nagle thanked Republic fans for their patience and said he kept silent about progress on the stadium plans because he didn’t want to risk a deal not happening.This story is developing. Stay with KCRA 3 for updates.See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter

Wilton Rancheria will become the majority owner of Sacramento Republic FC as part of a new push for a soccer stadium in downtown Sacramento.

It's the first time a tribal nation has ever held majority ownership of a men’s professional sports team.

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Sacramento Mayor Darrell Steinberg also announced a new proposal aimed at speeding up the development of the stadium in the Railyards now that Wilton Rancheria is backing the Republic.

The plan envisions the city of Sacramento, Republic FC and Downtown Railyards Ventures as partners. A city council vote on a proposed term sheet is set for Nov. 12.

    "Wilton Rancheria is proud to be the first Tribal Nation to hold majority ownership of a men's professional sports team, an industry where ownership has not traditionally reflected the diversity of its fans or surrounding communities," Wilton Rancheria Chairman Jesus Tarango Jr. said. "This milestone not only marks a significant step for Wilton Rancheria but also reinforces Sacramento’s dedication to inclusivity and opportunity. Wilton Rancheria has always been a part of Sacramento’s history, but this partnership marks a new chapter for us, with an opportunity to help write its future."

    This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

    Steinberg said the new stadium would be the anchor of a 31-acre development featuring housing, a new music venue and retail.

    Wilton Rancheria is the only federally recognized tribe in Sacramento County. It is the owner of Sky River Casino in Elk Grove. The casino was already a partner with the Republic.

    "We finally found the right investor," Steinberg said of Wilton Rancheria.

    He said the city would invest in infrastructure but "not write a check out of its general fund."

    As for Republic FC, the club said Chairman and CEO Kevin Nagle will stay on as an owner and become a managing partner.

    The club update comes after the end of the 2024 season. Sacramento Republic FC was knocked out of the USL Championship playoffs in the first round against the Las Vegas Lights on Friday.

    The Republic said afterward it would part ways with its longest-tenured coach, Mark Briggs, who led the club for five seasons.

    Previous Republic announcements with city officials have also concerned plans for a new stadium at the downtown railyards.

    While those earlier plans fell through, Sacramento Mayor Darrell Steinberg alluded to possible progress during an interview with KCRA 3 in September.

    "Our private investor backed out on this during COVID. That's what happened. It wasn't any mistake by [owner] Kevin Nagle or the Republic or the city; the investor backed out," Steinberg said. "In these next couple of months, it may be our time. I'm working on it. I have 82 days. You think I'd be riding off into the sunset? Nope. I'm actually working harder than I ever have because I want to deliver something special for the people in the Railyards. Not just sports, but also music and entertainment. More to come."

    Steinberg said Thursday that Wilton Rancheria "came into the picture" less than a year ago. Negotiations with all parties were complicated, intense and difficult, he said.

    He said the plan doesn't rely on Republic FC becoming a Major League Soccer team or preclude that from happening.

    "We’re major league already," he said. "This project stands on its own."

    Nagle thanked Republic fans for their patience and said he kept silent about progress on the stadium plans because he didn’t want to risk a deal not happening.

    This story is developing. Stay with KCRA 3 for updates.

    See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter