Found April 18, 2013 on
Online Sports Guys:
They're in New York City awaiting the decision of the Relocation Committee to figure out whether or not the Sacramento Kings are staying or moving to Seattle...
Sports Business Daily is reporting that the NBA has asked the Sacramento group to reimburse the Seattle group for their $30 million nonrefundable deposit if the Relocation Committee votes in favor of the home town group.
The 5PM Friday deadline set by the Maloof family was now, according to USA Today, "deliberately missed" by the Sacramento group. And the Sacramento group also will not put in a bid for Bob Cook's 7-percent minority stake that is currently held up in bankruptcy proceedings. The Hansen-Ballmer group put in a bid for those shares that could raise their stake to 72-percent of the Kings assets.
BEST OF MAXIM
Tweet Uncertainty has been the theme for the Sacramento Kings over the waning months of the NBA regular season. Will they be in Sacramento or Seattle next season? Will they be the Kings or the Sonics? The melodrama has been high and frequent. The Maloofs, the current owners of the Kings, are definitely selling the [...]
((HT: Sacramento Bee))
The Maloof brothers are making it known that, as the NBA Board of Governors and Relocation Committee decides the Sacramento Kings fate, "sources" close to their plight are claiming that they like the Hansen-Ballmer bid better than the Sacramento bid led by Rivek Vanadive and endorsed by mayor Kevin Johnson.
"The Maloofs have a binding agreement...
The Big Five
The vote on the sale and possible relocation of the Sacramento Kings has been delayed for a few more weeks. That means now is a good time to get ahead of ourselves and start picking favorites from the Kings’ roster.
These are the five players I would love to see take the floor in Seattle next season.
Isaiah Thomas would look good as a Seattle Supersonic...
Is this the end?
The chatter around Sleep Train Pavilion centered on that question Wednesday night. With NBA owners debating whether to approve the franchise's sale and relocation to Seattle, the ever-faithful fans of the Sacramento Kings pushed the uncertainty aside and did what they have done for parts of four different decades during the regular-season finale against the...
After three stints as an interim coach, this season was supposed to be Keith Smart's first real chance to show what he could do on the NBA sidelines with a full summer and training camp to prepare.
Instead, the pending sale and relocation of the Sacramento Kings to a Seattle group became a daily distraction for Smart's squad. The Kings finished 28-54, missed the playoffs...
Over the last few years, we’ve seen billion-dollar stadiums get built for some of sports’ biggest franchises. Maybe it’s time for a few other teams to start saving some money so they can do the same, because some of the arenas out there are embarrassing as hell. 8. Sleep Train Arena, Sacramento, CA (Sacramento Kings) [...]