The Sacramento City council voted 7-2 on the package during a late-night meeting Tuesday that caps off the city’s yearlong tussle to keep the team from moving to Seattle. Mayor Kevin Johnson, a former three-time NBA All-Star, declared “Long live the Kings” after the final vote, and the chamber erupted in cheers along with team owners.
Attempts to overhaul California’s landmark environmental law are expected to continue next year after the Legislature passed a narrow measure Thursday that focuses on assisting the effort to build an NBA arena in the state capital.
Two NBA teams in Northern California will be closely watching the final days of this year’s legislative session, when state lawmakers will consider measures that would aid construction of new arenas for the franchises.
California’s campaign watchdog agency says Seattle billionaire Chris Hansen is behind a secretive effort to block Sacramento’s attempt to build a new downtown arena for the city’s professional basketball team.
Investor Chris Hansen has congratulated Sacramento mayor Kevin Johnson on his efforts to keep the Kings in California, while also vowing to keep up his pursuit of getting the NBA back to Seattle.
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.
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.
(CBS Seattle) — The NBA Board of Governors is meeting in Dallas, Texas Wednesday to vote on whether the Sacramento Kings will be sold and relocated to Seattle. The NBA relocation and finance committee voted […]
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.
According to sonicsarena.com, Chris Hansen is now offering $625 million for the Sacramento Kings, a $75 million increase from his previous offer.