On March 29, 2011, the Anaheim City Council unanimously approved a $75 million bond deal to entice the Sacramento Kings to relocate to Orange County. The bonds would be funded by private investors and repaid by arena revenue. The Kings must file for relocation by April 18.
Anaheim Mayor Tom Tail repeatedly emphasized the city has no financial risk in the deal. This is likely a reaction to the Phoenix Coyotes/Glendale bond situation, where the bonds have been so downgraded that they present a risk for taxpayers in the eyes of Goldwater, a watchdog seeking to block the transaction.
I've reviewed the U.S. trademarks database and see 4 pending trademark applications for proposed team names, all of which contain the term "Royals". These applications were filed on March 3. Here are the names:
ANAHEIM ROYALS OF SOUTHERN CALIFORNIA
LOS ANGELES ROYALS
ORANGE COUNTY ROYALS
Here's the trademark application for ANAHEIM ROYALS: