According to the Sac Bee,  the well-known lobbyist is upset about being left out of the Kings ownership group.  Anderson was part of a group that tried to buy the team back when the Maloofs still owned it.  That deal fell through. 

Anderson then led the purchase of Downtown Plaza.  The Kings current ownership says they're not aware of any hard-feelings held by Anderson.  The venture group he belongs to will still take part in developing the area around the new arena site.