Found May 13, 2013 on
The NBA's relocation committee met on Monday in regards to the future of the Sacramento Kings and did not change their position to keep the team from moving to Seattle, according to a source.
A final vote with all 30 owners is scheduled for Wednesday.
Vivek Ranadive is leading an ownership group trying to buy the Kings to keep them in Sacramento and to build a new arena.
The Maloof family has told the league they don't plan to sell to Ranadive if the move is blocked.
The Ranadive group has worked with Sacramento on a new downtown arena that would include $250 million in public money.
The Maloofs prefer to sell to a group led by Chris Hansen and Steve Ballmer that intends to relocate the Kings to Seattle.
BEST OF MAXIM
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...
A committee of NBA owners re-examined the potential relocation of the Sacramento Kings to Seattle on Monday, and reports say they came to the same conclusion as before: the franchise isn’t moving. The relocation committee will recommend to the league’s owners that the Kings not be allowed to be sold to a Seattle-based group led by investor Chris Hansen and Microsoft CEO Steve...
The Maloofs continue to consider the possibility of selling the Sacramento Kings to a group that intends to keep the team from relocating to Seattle, according to a source.
Reports over the weekend indicated that the Kings have an alternative plan in place to sell a smaller stake to the Seattle-based group led by Chris Hansen.
But the Maloofs "still has that option," said...
The NBA has called a special Board of Governors meeting in Dallas this week in an attempt to sort out the Sacramento Kings saga. Owners (or their representatives) slowly trickled in throughout the day Tuesday, and we have some news to report:
First: Steve Ballmer is a rampaging bully who likes to throw money around.
Second: George Maloof still gives zero damns about everything.
More Money…More Problems
In a day and age where the internet is one of the facilitators of communication, it is now easier than ever to express your opinions, thoughts, and ideas (case in point, this article you are reading right now). From an expert in ornithology debating the exact extinction date of the Mauritian Shelduck, Alopochen mauritianus, to a three-year-old’s mom...