Sacramento mayor Kevin Johnson said a potential deal between the city and the Maloof family is dead.

The two sides ended two days of discussions over financing of a new arena.

The Maloof family recently backed out of a tentative $391 million deal.

"I'm disappointed for Sacramento," Johnson said. "When you do all that you can, normally the reward is a victory, and I think our community was planning to win."

"We know this door is closed," Johnson told the Sacramento Bee.

Sacramento will shift to "Plan B", which involves seeking a new arena without the Kings.

"The Kings will continue the operations of the organization and building on the franchise's young nucleus of players," Maloof spokesman Eric Rose said in a statement.