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Jeff Koons to Build $8 Million Public Art Piece for Sacramento’s New Arena

The city of Sacramento and its basketball team—the Kings—are joining forces to commission a sculpture by Jeff Koons for the team's new downtown arena, reports the Sacramento Bee’s Ryan Lillis. The Kings, the city, and three of the team's owners will join forces to shell out $8 million for the piece by Koons. It’ll be the most the city has ever spent for a public art piece in its history.

The Kings and local philanthropist Marcy Friedman, meanwhile, will together contribute another $1.5 million to bring work made by local artists to the arena.

Koons’s sculpture will be the fifth in his “Coloring Book” series. He hasn’t yet made the sculpture, but has vowed to finish it by the time the arena opens in October of next year.

The City Council still needs to approve the final contract with Koons next month.