Found January 20, 2013 on BlackSportsOnline:
Looks like Seattle will be getting a NBA team sooner than later. Just going online now: Maloofs have struck deal to sell 65 percent of Kings to Chris Hansen group in Seattle for $525 million, sources say — Marc Stein (@ESPNSteinLine) January 21, 2013
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Report: Kings sell to Seattle group

The Sacramento Kings majority owners reportedly have sold the their stake to a group that will move the team to Seattle.

Kings’ Move to Seattle Further Evidence That NBA’s Backing of Smaller Media Markets Only Goes So Far

On a practical level, there is really no problem with the NBA allowing the sale of the Sacramento Kings to an ownership group that will move the team to Seattle as soon as next season. The “new” Sonics would restore the NBA’s footprint in the largest U.S. media market without a professional basketball franchise and puts the organization in the hands of competent owners with...

NBA, Chris Hansen Release Statements On Proposed Kings Sale To Seattle

Following Sunday night’s reports of the Maloofs proposed sale of the Kings to Seattle’s Chris Hansen and Steve Ballmer, both the NBA and Chris Hansen released statements Monday morning: NBA: “The NBA received an executed Purchase and Sale Agreement for the transfer of a controlling interest in the Sacramento Kings from the Maloof family to an investor group led by Christopher...

Kings moving to Seattle - could Larry Bird be going with them?

Interesting story evolving out of the Kings/Sonics melodrama today. As I'm sure most of you have heard by now, the Kings are reportedly leaving Sacramento for Seattle after their impending sale. The city of Seattle owns the naming rights to the 'Sonics', so after a five year hiatus - the Sonics of Payton, Kemp and my main man Detlef Schrempf are returning. However...

Kings 97, Bobcats 93

Marcus Thornton scored 18 points off the bench, Tyreke Evans came up big down the stretch, and the Sacramento Kings held on to beat the Charlotte Bobcats 97-93 Saturday night for their third win in four games. After scoring just 69 points in a 16-point loss to Memphis a night earlier, the Kings made sure there would be not be another offensive letdown. They led most of the way...

Sacramento Kings Agree to Sale to Seattle Group Pending Approval of NBA Owners

The only thing stopping the Sacramento Kings from a sale and move to Seattle is approval by NBA owners. The Maloof family has agreed to sell the Kings to a Seattle group led by investor Chris Hansen, two people familiar with the decision said Sunday night. The people spoke to The Associated Press on condition of anonymity because the deal is still pending approval from the NBA Board...

Seattle SuperSonics’ Reported Return Brings Back Memories of Shawn Kemp, Gary Payton, Other NBA Greats (Photos)

The Sonics are back — almost. Seattle took a major step toward securing a new NBA team when the Maloof family finalized a deal Sunday to sell the Sacramento Kings. The new ownership group, led by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer, reportedly plans to move the team to Seattle and rename it the SuperSonics at the end of this season. The move has hit...

Report: Maloofs agree to sell Kings

Two people familiar with the decision says the Maloof family has agreed to sell the Sacramento Kings to a Seattle group led by investor Chris Hansen.

Kings' deal with Seattle group finalized

The Sacramento Kings and the National Basketball Association announced on Monday that the sale of the team to a Seattle investment group has been finalized. It is now under league review for approval, which could take place in a few weeks. The Maloof family, which owns the Kings, confirmed the sale in a statement released on Monday. "The Maloof family announced today that...

Bobcats run out of gas against Kings

CHARLOTTE, N.C. (AP) -- Marcus Thornton scored 18 points off the bench, Tyreke Evans came up big down the stretch, and the Sacramento Kings held on to beat the Charlotte Bobcats 97-93 Saturday night for their third win in four games. After scoring just 69 points in a 16-point loss to Memphis a night earlier, the Kings made sure there would be not be another offensive letdown. They...

Kings bounce back with win over Bobcats

CHARLOTTE, N.C. -- The Sacramento Kings felt humiliated in a loss at Memphis on Friday night, when they were held to a season-low 68 points. So on Saturday night, the Kings did something about it. They bounced back with a 97-93 victory over Charlotte, handing the hapless Bobcats their 14th straight loss at Time Warner Cable Arena. The Kings led by as many as 10 in the first...
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