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|| Friday, August 23, 2019
|City of Sacramento and the Sacramento Kings acquire sculpture by Jeff Koons|
Through an arrangement with Gagosian Gallery, Inc., the proposed sculpture would be acquired and installed for $8 million.
SACRAMENTO, CA.- The City of Sacramento and the Sacramento Kings announced $3 million in donations to acquire an original sculpture by world-renowned artist Jeff Koons. The sculpture would be showcased within the Entertainment and Sports Center (ESC) plaza and would mark the first artwork by Koons purchased by a municipality for permanent display.
In May 2014, the city and the Kings announced that $5.5 million of the ESC construction budget would be invested in the Sacramento Metropolitan Arts Commissions (SMAC) Art in Public Places program, representing the largest commitment in City history. A nine-member panel of prominent artists, curators and community leaders were appointed to recommend the acquisition, exhibition and maintenance of the artwork, including artist selection and artwork design approval. The Sacramento City Council will consider whether to approve the proposals contract terms at the March 10 meeting.
The panel selected, and SMAC approved, a sculpture from the Coloring Book collection, a towering design of stainless steel. Coloring Book is a quintessential element from the artist's Celebration series. The sculpture is intended to capture a child's ecstatic enjoyment of the world.
Through an arrangement with Gagosian Gallery, Inc., the proposed sculpture would be acquired and installed for $8 million. Kings Owner and Chairman Vivek Ranadivé, Envision Pharmaceutical Holdings, Inc. Founder Kevin Nagle and Buzz Oates Group of Companies Chairman Phil Oates would gift $3 million towards the purchase cost. The remaining cost would come from the initial $5.5 million contribution to the Art in Public Places program.
Part of the panels mission was to secure a large, iconic work of art to uniquely identify the ESC, said SMAC Director Shelly Willis. I want to thank the donors for helping make that goal a reality. Public art is an essential component of building great cities, and the panels proposed sculpture reflects Sacramentos vision and optimism.
Jeff Koons is perhaps the biggest art star in the world today, said Crocker Art Museum Director and CEO Lial Jones. His work is featured in collections of major museums around the world. It is significant that the City of Sacramento and the Kings are purchasing his sculpture for permanent exhibition in the public realm.
With all of the excitement around the new arena, Im thrilled to have the opportunity to have my work prominently displayed in Sacramento, said Koons. Over the years Ive spent a lot of time in Sacramento, from discovering the downtown area to visiting the train museum for inspiration. To have Coloring Book interact with the vibrancy of the city and its citizens is going to be fantastic.
The panel also announced a $1.5 million investment to commission regional art for the ESC. Sacramento philanthropist and artist Marcy Friedman will gift $1 million, and $500,000 will come from the initial $5.5 million contribution to the Art in Public Places program.
The Sacramento region has long been an incubator for artists who have earned both national and international prominence, said Friedman. Ensuring that the ESC reflects the voice of the regional art community will guarantee, through artistic expression, the unique character of Sacramento.
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