Found May 09, 2013 on
Next Impulse Sports:
After the NBA Relocation Committee voted unanimously to recommend rejecting a move by the Sacramento Kings to Seattle, every forlorn Sonics fan began focusing on alternative means of landing a team — either relocation from another market, or expansion. In the meantime, one scorned Sonics fan, Danny, took to Twitter to lead the charge in boycotting businesses run by owners on the relocation committee (similar to many Sonics fans who have boycotted Starbucks since 2008). One of those committee members is Miami Heat owner Mickey Arison, who took notice of Danny’s tweets, and followed back in order to engage in a direct message chat. Thankfully, Danny sent screen caps of the entire exchange to 950 KJR AM (Seattle sports radio). The most significant piece of the chat involves the talk of expansion. As we’ve mentioned before, the assumption is that expansion won’t be discussed until 2016, when terms of the new television contract are known. Arison essentially confirmed that timetable, whi...
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A person with knowledge of the situation tells The Associated Press that the Seattle group seeking to purchase and relocate the Sacramento Kings has struck a backup deal with the Maloof family if the NBA denies the pending sale and relocation.
The backup agreement would have the Seattle group, led by investor Chris Hansen and Microsoft Chairman Steve Ballmer, purchase a limited...
Chris Hansen, half of the wanna-be owners of the SacKings moving to Seattle to re-become the SuperSonics, has increased his total bid of the Sacramento Kings from $550 million to $625 million. Hansen also announced on his website, sonicsarena.com, that he has guaranteed other NBA owners that the new Seattle franchise would pay into revenue-sharing instead of taking moneys out.
Chris Hansen has increased the bid of his Seattle-based investor group for the Sacramento Kings by $75 million to a valuation of $625 million.
Hansen had already raised the valuation of his bid to $550 million in an attempt to sway NBA owners.
The NBA's relocation committee voted a recommendation that the Kings remain in Sacramento.
Desperate times call for desperate measures. After the NBA’s Relocation Committee unanimously voted to deny relocation of the Sacramento Kings, prospective Seattle owner Chris Hansen released a statement that included the following line: “I just wanted to reassure all of you that we have numerous options at our disposal and have absolutely no plans to give up.”
Well, now we...
Monta Ellis has yet to decide if he will opt out of his $11 million deal for the 13-14 NBA season, but he could have one potential suitor in the Sacramento Kings.
A member of the Kings' prospective ownership group has worked on a background check on Ellis as a potential player to sign if Tyreke Evans departs in the offseason.
Evans will be a restricted free agent in the offseason.