Posted May 12, 2013 on AP on Fox
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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 22-8 vote followed a recommendation made last month by the NBA's relocation committee and may have finally brought an end to an emotional saga that has dragged on for nearly three years. A group led by investor Chris Hansen had a deal to buy the team. Hansen hoped to move the franchise to Seattle and rename it the SuperSonics. The original Sonics were moved to Oklahoma City in 2008 and were renamed the Thunder. Commissioner David Stern said the league will spend the next 24 to 48 hours talking to the Maloofs, the team's owners, about working out a deal with a competing ownership group in Sacramento. ''The big winner here was Sacramento,'' Stern said. The Maloofs reached an agreement in January to sell a 65 percent controlling interest in the team to Hansen's group at a total franchise valuation of $525 million, toppi...
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