Found May 15, 2013 on
The NBA Board of Governors has voted down a bit to relocate the Sacramento Kings to Seattle, according to a report from USA Today's Sami Amick.
The Maloofs had agreed to sell the Kings to a group led by Chris Hansen and Steve Ballmer who had planned on moving the franchise to Seattle as a replacement for the departed Sonics.
Mitch Levy of KJR reports that 22 teams voted for the Kings to remain in Sacramento while eight approved the sale.
The Sonics moved to Oklahoma City and became the Thunder in 2008.
A group attempting to buy the Kings to keep them in Sacramento is being led by Vivek Ranadive, current part owner of the Golden State Warriors.
If the Kings are able to build a new arena in downtown Sacramento, plans call for the city to heavily finance the build.
With nearly all NBA teams in fairly stable situations in their current locations, Seattle's best chance at getting a team now appears to be through expansion.
BEST OF MAXIM
After the Board of Directors declared that the Kings would be staying in Sacramento, USA Today's Sam Amick pieced together notes explaining the reason why.
The Hansen-Ballmer group, who is attempting to bring the Sacramento Kings to the City of Seattle, has a secret plan to relocate the team if the NBA keep blocking the move.According to a source, the group isn't taking no for an answer, as the NBA relocation committee voted to deny the relocation. The Seattle based investor group not only will increase their bid for the franchise...
RUN AND HIDE
Sacramento Kings owner George Maloof reportedly was chased into a closet by the media after the NBA owners had a relocation vote.
Just when you thought that the Sacramento Kings saga couldn’t get anymore insane, one of their owners got chased into a closet by members of the media attending the NBA Board of Governors meeting in Dallas.
After George left a meeting regarding the possible relocation of the Sacramento King to Seattle, he got ambushed by a group of reporters and the fine folks over at Sactown Royalty...
The Sacramento Kings are staying in California's capitol. That comes after the NBA's Board of Governor rejected the relocation bid which would have moved the team to Seattle.
The vote was 22-8 in favor of keeping the team in Sacramento. NBA Commissioner David Stern did not reveal which teams voted to allow the move. Stern said the next step is meeting with the Maloofs...
While we’ve been covering this pretty extensively over the past few weeks and everyone knew this was coming, the NBA officially killed the Sacramento Kings’ proposed move to Seattle on Wednesday. The NBA owners voted Wednesday to reject the move with a 22-8 vote.
Until now the NBA’s relocation committee had simply recommended the league reject the move. Now that the owners...
((HT: News10.net/USAToday Sports))
After voting and going behind closed doors at the Hilton Anatole hotel in Dallas, the NBA relocation committee and owners have decided to stay in town with the future with the Sacramento Kings, according to USA Today Sports and their Twitter. The more interesting reaction will be from the Hansen-Ballmer group now as the league and its members...
Just a day after NBA owners officially rejected a bid to relocate the Sacramento Kings to Seattle, the team's owners have agreed to sell the Kings to a Sacramento-based group, sources told ESPN.com.
Software billionaire Vivek Ranadive came to an agreement to purchase 65 percent of the Kings from the Maloof family for approximately $348 million, sources said. The Kings...
The Maloofs have agreed to sell the Sacramento Kings to a group led by Vivek Ranadive for $535 million, according to a source.
The Maloofs had hoped to sell the Kings to a group led by Chris Hansen and Steve Ballmer, but the NBA's Board of Governors voted against the sale by a 22-8 margin. The Hansen-Ballmer group intended to move the Kings to Seattle, which lost their NBA franchise...
((HT: Chris Daniels/KING5))
From Daniels and his twitter feed...
Two sources now confirming sale of #NBAKings by Maloofs to @Vivek group.
And all this a day after George Maloof said he was under no pressure to sell the Sacramento Kings franchise to the Ranadive-led group, and at the same time, Sacramento Mayor Kevin Johnson was under the impression that the two groups would...
NBA owners voted Wednesday to reject the Sacramento Kings'
proposed move to Seattle, the latest in a long line of cities that
have tried to land the franchise.
The Portland Trail Blazers sit wedged between two warring NBA cities.
Make that one NBA city warring with Seattle for courting their team. Sound familiar?
You've got to feel for them both.
No city wants an identity as a stepping-stone, or ignorant rube, but that's what happened when Portland's superior sister flushed a major sport out of town.