Found April 11, 2013 on
The potential move of the Sacramento Kings has been a long, winding process that has now involved fans in Sacramento, Anaheim, Seattle and, for a hot minute, Virginia Beach. Presumably it will come to a resolution next week when the NBA Board of Governors decides whether to approve the Kings move to Seattle. The Kings' current owners, the Maloof family, have stayed out of the fight for the team, letting the Seattle and Sacramento groups sweeten the deal ever so slightly. Now, according to various sources including the Sacramento Business Daily and ESPN, the Maloofs are asking for some non-refundable money from the Sacramento group led by Vivek Ranadive. $30 million to be exact. The same $30 million they reportedly got from the Seattle group led by Steve Hansen. If they do not, the Maloofs will not negotiate with the Ranadive group says the reports. The Maloofs can say whatever they like, but they lost their leverage in these negotiations when they agreed to sell to Han...
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The Maloof family is reportedly willing to listen to an offer from investors who plan to keep the Sacramento Kings safe and sound in the city of Sacramento, opposed to those who’d like to see them moved to Seattle and their name recycled into the Supersonics. But this deal is contingent on price, and has a ticking clock.
That price is not exactly known, but it isn’t cheap and...
The Seattle group attempting to buy the Sacramento Kings says it has reached agreement to raise the purchase price by $25 million., http://juicedsportsblog.com/sports-news/news/seattle-group-raises-purchase-price-for-kings
For the second time in three years, the Sacramento Kings will host their regular-season finale with the franchise's future uncertain. Hours before the Kings tipoff against the Los Angeles Clippers on Wednesday night, NBA owners will gather in a New York boardroom to begin deliberating where the team will be located next season.
Sacramento or Seattle?
Nobody quite knows for...
John Salmons had 22 points, and Jason Thompson and Marcus Thornton each added 20 to help the Sacramento Kings snap a four-game losing streak with a 121-110 victory over the New Orleans Hornets on Wednesday night.
The Kings led by 17 at the half and surpassed the 100-point mark early in the fourth quarter when they stretched the lead to 28 points against the struggling Hornets.
SACRAMENTO, Calif. (AP) -- John Salmons had 22 points, and Jason Thompson and Marcus Thornton each added 20 to help the Sacramento Kings snap a four-game losing streak with a 121-110 victory over the New Orleans Hornets on Wednesday night.
The Kings led by 17 at the half and surpassed the 100-point mark early in the fourth quarter when they stretched the lead to 28 points against...