According to sonicsarena.com, Chris Hansen is now offering $625 million for the Sacramento Kings, a $75 million increase from his previous offer.
Investor Chris Hansen has vowed to “move forward with the transaction” he has with the Maloof family to buy the Kings and move the team toSeattle despite a unanimous recommendation from the NBA’s relocation committee for owners to reject the bid.
A committee of NBA owners voted unanimously Monday to deny the application of the Sacramento Kings to move to Seattle.
Proposed changes to California environmental protection law unveiled Wednesday could help Sacramento’s effort to keep its professional basketball team, according to the leader of the state Senate.
Because there aren’t any new developments in the Sacramento Kings-to-Seattle saga, we thought it would be a good idea to keep the NBA mojo alive in Seattle during this downtime so the city’s push to snatch the franchise doesn’t lose any momentum. For fun, we’ve compiled ten pictures of David Stern he probably wouldn’t want hanging in his house.
The Maloof family is asking NBA owners to approve the sale of the Kings to a Seattle group, saying there is “significant distance between us and the Sacramento group.”
With NBA owners debating whether to approve the franchise’s sale and relocation to Seattle, the ever-faithful fans of the Sacramento Kings pushed the uncertainty aside and rallied during a 112-108 loss in the regular-season finale against the Los Angeles Clippers.
For the second time in three years, the Sacramento Kings will host their regular-season finale with the franchise’s future uncertain. Hours before the Kings tipoff against the Los Angeles Clippers on Wednesday night, NBA owners will gather in a New York boardroom to begin deliberating where the team will be located next season.
KING 5’s Chris Daniels reports NBA Commissioner David Stern has been quietly maneuvering behind the scenes to propel a Sacramento counter bid to Seattle’s offer to the Sacramento King’s owners.
Sacramento Mayor Kevin Johnson has announced a new investor to help fill the role vacated by billionaire Ron Burkle in the city’s bid to keep the Kings from moving to Seattle.