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Maloofs

File photo of Sleep Train Arena in Sacramento, Calif. (credit: Rocky Widner/NBAE via Getty Images)

Deal Reached To Sell Kings To Sacramento Group

The Sacramento Kings’ unsteady future finally seems to be settled. A person familiar with the deal says the Maloof family has reached an agreement with a Sacramento group to sell a 65 percent controlling interest in the Kings at a total franchise valuation of $535 million.

CBS Seattle–05/17/2013

(Photo by Rocky Widner/NBAE via Getty Images)

Maloofs: Seattle Or Bust

If the NBA doesn’t approve the relocation of the Sacramento Kings to Seattle, the Maloofs will reportedly refuse to sell the team to Sacramento-area investors.

1090 The Fan–05/13/2013

(Photo by Rocky Widner/NBAE via Getty Images)

NBA Committee Rejects Kings Move To Seattle

A committee of NBA owners voted unanimously Monday to deny the application of the Sacramento Kings to move to Seattle.

1090 The Fan–04/29/2013

File photo of NBA Commissioner David Stern.  (credit:  Patrick McDermott/Getty Images)

Reports: NBA Franchise May Be Sold, Relocated To Seattle

According to Yahoo Sports, the NBA is leaning hard on the Maloof family to sell the Sacramento Kings so that the new owners can relocate that franchise to Seattle.

10/26/2012

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