Found May 16, 2013 on Gamedayr:

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.


Seattle Group Has Backdoor Deal To Bring Sacramento Kings To Seattle

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...

Maloofs agree to sell Kings to Ranadive group

NBA Commissioner David Stern got his wish as the Maloof family agreed to sell the Sacramento Kings for a franchise valuation of $535 million, which will be a league record, to a local group led by software magnate Vivek Ranadive.

5 Ways Chris Hansen’s Investment Group Could’ve Convinced the NBA to Move the Kings to Seattle

On May 15th the NBA rejected a group of investors’ bid to move the Sacramento Kings to Seattle, Washington, the home of the one-time Seattle Supersonics.  The team, the league’s Board of Governors (*Author’s note: this is the part where I started imagining Marc Cuban wearing a powdered wig and shouting out “Nay, good sir!  Nay!” The post 5 Ways Chris Hansen’s Investment...

Sacramento Kings owner George Maloof got chased into a closet by reporters at NBA BOG meeting

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...

Kings relocation to Seattle denied, team will stay in Sacramento

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...

Sacramento Kings Look Like They’re Staying Put After Maloof Family Reportedly Reaches Agreement With Local Group

A person familiar with the deal says the Maloof family has reached an agreement with a Sacramento group headed by TIBCO software tycoon Vivek Ranadive to sell a 65 percent controlling interest in the Kings at a total franchise valuation of $535 million. The person, speaking on condition of anonymity to The Associated Press late Thursday night because they weren’t authorized to...

Maloofs sell Kings to Sacramento group in record deal

ESPN: 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 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...

DEVELOPING: Maloofs Sell Kings To SacTown Group, Announcement Friday

((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...

Maloofs Agree To Sell Kings To Ranadive-Group For $535M

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...

Sale of Kings to Sacramento group signed

Well that escalated quickly. Less than two days after the NBA Board of Governors voted down the Sacramento Kings relocation, the Maloof family has agreed to sell the team to the group led by Golden State Warriors minority owner Vivek Ranadive. According to a Sacramento Bee report, both sides have signed the agreement and the money has been wired. It was not made clear whether...

Mike Malone Expected To Be Candidate For Kings

Mike Malone is expected to be a leading candidate for the Sacramento Kings' head coaching position. Keith Smart is not expected to be retained, according to a report. Malone is familiar with prospective Kings' owner Vivek Ranadive due to their connection with the Golden State Warriors.

The Maloof family have agreed to sell the Sacramento Kings to a group headed by a software billionaire

With the NBA rejecting the move of the Sacramento Kings to Seattle, the Maloof family had to go to Plan B.  Or is this Plan C?  D?  Z?  Anyway, the [...]

Owners reject Kings' move to Seattle

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.

Hansen-Ballmer Decline Refund Of $30M Non-Refundable Deposit From NBA's Other Owners

The NBA owners offered to refund a $30 million non-refundable deposit made by the Chris Hansen-Steve Ballmer ownership group that was made when entering into a purchase agreement with the Sacramento Kings. The Seattle-based group had agreed to buy the team from the Maloof family. Hansen and Ballmer declined to accept the offer, which would have come from each of the NBA's 30 owners.
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