Report: Maloofs Sell Kings To Group Led By Vivek Ranadive For $535 Million
After the NBA Board of Governors voted against moving the Kings to Seattle earlier this week, the Maloofs have now sold the team to a group led by Vivek Ranadive, who is currently a part owner of the Golden State Warriors, for $535 million.
According to Ken Berger, CBS Sports:
David Stern’s powers of persuasion and a closed path to Seattle resulted in the sale of the Kings on Thursday...
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...
Thunder eliminated by Grizzlies in playoffs
OKLAHOMA CITY (AP) -- The Memphis Grizzlies advanced to the Western Conference finals for the first time in franchise history by beating the Oklahoma City Thunder 88-84 on Wednesday night.
Zach Randolph had 28 points and 14 rebounds, Mike Conley added 13 points and 11 assists for Memphis, the fifth seed.
Kevin Durant missed a 16-foot jumper from the left wing to tie it with 6 seconds...
Via Fox Sports Southwest
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California Kings: NBA Board rejects transfer, Sacramento keeps franchise
via SI.COM
Sacramento will keep its franchise. The NBA owners have voted against the relocation bid to Seattle. This was in accordance with the recommendation of a relocation committee. Sacramento residents led by Mayor Kevin Johnson, himself an NBA superstar, celebrate while Seattle fans are gravely disappointed. Statements were issued by the Seattle camp accepting the decision...
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 about...
Via Bloguin Best
2 days ago
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NBA Owners Reject Kings’ Proposal to Move From Sacramento to Seattle
DALLAS — 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...
NBA Board of Governors votes against Sacramento relocation to Seattle
NBA Decision
Before David Stern took to the podium to deliver the news, Sam Amick had something that provided at least some closure on the Sacramento and Seattle Supersonics saga.
The NBA Board of Governors has voted down the relocation bid to move the Kings to Seattle, @usatodaysports has learned
— Sam Amick (@sam_amick) May 15, 2013
Bob Condotta of The Seattle Times then followed...
Dwyane Wade's ridiculous outfit
Lately, NBA players have been dressing more and more ridiculously. I personally believe it's an attempt to rub David Stern's dress code in his face. Oh, the commissioner wants to enforce a dress code? Ok, we'll dress completely ignorantly without even the slightest modicum of class, but we'll fit it into the dress code.
Wade and Russell Westbrook are the most prolific...
Jason Collins becomes first openly gay player
NBA veteran Jason Collins who spent last season with the Washington Wizards, is the first openly gay active player in one the United States’ major professional sports.
Collins told Sports Illustrated that he has decided to inform the world of his lifestyle. Here is what he has to say
Please click here to read this story and the reaction from the NBA and it's players regarding...
Time for Michael Jordan to get the Isiah Thomas treatment
Now that Michael Jordan is no longer playing and dominating in the NBA, isn’t it about time the media and/or anyone else start banging on him for his inability to lead a team from the front office? Nobody dared say anything about his Airness when he played, out of fear that they would be written off by Jordan. He was the NBA for an entire decade, and he, along with David Stern...
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