The Sacramento Kings won’t be moving to Anaheim, at least not for the 2011-12 season, per ESPN.

Team co-owner Joe Maloof told The Associated Press the team would remain in Sacramento for one more season to give mayor Kevin Johnson a chance to follow through on his promise for a new arena. If the city doesn’t follow through, the Kings will be relocated to another city, he added.

The move to Anaheim seemed like a done deal, but Mayor Kevin Johnson convinced local businesses to commit to $10 million in sponsorships to keep the Kings in town. The deal buys time for the city to figure out a way to build a new facility to replace the aging Arco Arena. (It’s now called something else, but I’m not going to make the effort to look it up.)

This is good news for the team’s fans in Sacramento, who have been organizing in an attempt to keep the franchise in town. Things were looking pretty grim lately until this last push from the mayor’s office.