Sacramento task force officials have announced that seven proposals for a new sports and entertainment arena were submitted by the Christmas Eve deadline.

"It's very exciting," project task force co-chair Chris Lehane said Thursday night. "Santa Claus came early."

The Sacramento Bee points out that some of the proposals may not be feasible in the current economy.

Besides the seven proposals, the task force will consider renovating existing Arco Arena, the current home of the Kings.