NBA Commissioner David Stern expects a concrete financing plan from Sacramento Mayor Kevin Johnson within the next two weeks, with the aim of settling the Kings’ future by mid-April.
Sacramento Mayor Kevin Johnson said Tuesday that the joint committee that will decide whether the Kings leave might want to discuss his city’s proposal before the NBA Board of Governors meeting April 19. Owners can vote on the pending sale and relocation of the Kings at any time, but the annual meeting in New York is typically when decisions about moving a franchise are made.
In the ongoing saga regarding the future of the Sacramento Kings, Sacramento Mayor Kevin Johnson spoke with state senators Thursday before again meeting with the media.
Proceeding With Optimism
A second lawsuit has been filed to block plans for a new sports arena in Seattle.
Sacramento Mayor Kevin Johnson said he has received approval from NBA Commissioner David Stern to present a counteroffer to the league from buyers who would keep the team in Sacramento. He said the city is in a “six-week sprint” to put together a proposal for the NBA’s Board of Governors to consider over a potential sale and relocation to Seattle.
NBA.com writer David Aldridge says unless there’s some kind of amazing change of heart or desire, the Kings are leaving Sacramento for Seattle.
Even as the Maloof family negotiates with a Seattle group that would move the Kings there, another potential buyer who would keep the team in Sacramento has emerged, CBSSports.com has learned.
With all sorts of reports coming in regarding the potential move of the Sacramento Kings, the city’s mayor Kevin Johnson released a statement regarding the matter.
People with knowledge of the situation said Wednesday that investor Chris Hansen has contacted the Maloof family about buying the Sacramento Kings.