Building a new arena for the Sacramento Kings has never been closer to reality.

The city, the Sacramento Kings and the NBA announced a tentative deal Monday to finance a new arena that would keep the team in California’s capital for the long haul. The City Council will vote on the plan March 6.

Under the proposed terms of the deal, the city will contribute $200-$250 million to the estimated $367 million arena, mostly by leasing out parking garages around the facility, a person with knowledge of the negotiations said. The Maloof family, which owns the Kings, has agreed to contribute $75 million in upfront cash, which includes the sale of land around the team’s current suburban arena, along with paying off a current $67 million loan to the city and contributing more over the course of the deal. Arena operator AEG also agreed to pay almost $60 million.

Bryant has broken nose

The Los Angeles Lakers say Kobe Bryant has a “nasal fracture” after he was smacked in the nose by Dwyane Wade during the NBA All-Star Game Sunday. The team said on its website that a CT scan revealed the extent of the injury, and the star guard will be re-evaluated by an ear, nose and throat specialist when he returns to Los Angeles. … The basketball showcase produced its second-highest overnight rating since 2005. TNT said the game in Orlando, Fla., produced a 5.4 overnight. This is the highest metered-market overnight since the game seven years ago drew 5.9.

Moves

The Portland Trail Blazers are welcoming back free-agent center Joel Przybilla, who spent more than six seasons in Portland before he was traded to Charlotte last season. … The New Jersey Nets signed free-agent forward Gerald Green to a 10-day contract. Green was the MVP of the 2012 D-League All-Star Game. …Veteran Richard Hamilton, who has been limited to 11 appearances because of thigh and groin problems, appears close to returning to the Chicago Bulls’ lineup. Hamilton has taken contact in practice.