Vote on Talking Stick Resort Arena renovation plans delayed until January 2019

PHOENIX (FOX 10) - The city council vote on a proposal to spend $150 million to help renovate Talking Stick Resort Arena in downtown Phoenix has been delayed until January.

The proposal calls for a $230 million renovation of the arena, with the Suns picking up $80 of the tab.

It would also extend the Suns contract to play in Talking Stick Resort Arena until at least 2032, with the possibility to extend past 2040.

The Suns have been playing in the arena since it opened in 1992. The team, however, is currently sporting the worst record in the NBA, with four wins and 24 losses. In addition, the team has gone through a total of six head coaches, as well as a long list of front officer executives in the past nine seasons, and some home games have seen an upper bowl that is close to empty at Talking Stick Resort Arena.

Meanwhile, There's speculation over the Suns' future in Downtown Phoenix, or in Arizona. Suns' officials, however, have denied threats of moving the franchise out of Phoenix.

"The reality is that we've made zero threats about going to any other city," said Jason Rowley, CEO of the Phoenix Suns.

The Suns' owner, Robert Sarver, spoke out about the arena issue back in 2015.

"It's possible to re-tool it, but it would be a very poor investment," said Server, back in 2015. "In some ways, it's like an old house. Bathrooms are too small. Kitchen's too small. You don't have enough storage. Does it really make sense to put $250 million into re-doing a facility that just wont be right when you're done, or would you rather spend $450 or $500 million, and have a brand new one that can really take you for the next 30 years?"

FOX 10's Jude LaCava had a conversation with one political figure on Wednesday, who suggested that Sarver has threatened to move the team. Any move, however, would have to go through the NBA Board of Governors.

The Suns say those who oppose it have six weeks to get smarter about the future of Downtown Phoenix.

"I think the good answer and the smart answer and the well-educated answer is that the investment that we all should be making in this arena is in investment in the City of Phoenix, going forward," said Rowley.