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[niketalker23]

We haven't done anything? The only reason the Kings aren't in Anaheim are because of KJ and the local support. After tomorrow the Mayor and Sacramento will have come up with two seperate arena plans to keep the Kings here. That plus HereWeBuy and FANS/Crown Downtown, Sacramento has done a lot already.

 

[lightweight champion]

Sacramento has done everything it's been asked to this point. But Mastrov does need to up his bid by a significant amount. If he had a couple more months id be okay with gradual bid raising. But we're down to a couple of weeks left so that has to improve quickly. The term sheet will get finalized, that I have no problem with.

 

[Deleted member 38182]

We haven't done anything? The only reason the Kings aren't in Anaheim are because of KJ and the local support. After tomorrow the Mayor and Sacramento will have come up with two seperate arena plans to keep the Kings here. That plus HereWeBuy and FANS/Crown Downtown, Sacramento has done a lot already.

is this in response to what I said??? 

because I did not say we haven't done anything.... I said we haven't done everything  yet, with the only thing needing to be done is city council approval (which will happen) and Mastrov upping his bid.

cmon man

 

[Deleted member 38182]

2 pm!!

Per city: arena term sheet still set for 2pm.Follow me for a breakdown as soon as it comes out.#NBAkings #herewebuy
— nickmonacelli (@nickmonacelli) March 21, 2013

 

[Deleted member 38182]

Here are some (old I believe) renderings, but as David Taylor (developer) has said previously, renderings usually never actually come out like they do once built 

but still, some nice eye candy!

 

[Deleted member 38182]

Sam Amick- "as a Sacramento fan, the April 3rd meeting should be a slam dunk"

I think he meant in terms of KJ's presentation and Mastrov's offer... but still, solid news 

 

[lightweight champion]

Can't wait!

 

[Deleted member 38182]

here's another one!

that clear roof is blowing my mind

 

[Deleted member 38182]

At USAT:New character emerges in Kings saga,as Warriors minority owner Vivek Ranadive takes lead role in Sacto bid- usat.ly/WXJfae
— Sam Amick (@sam_amick) March 21, 2013

 

[lightweight champion]

How the hell does that happen? Is he with Mastrov or did he just come out of the blue?

 

[Deleted member 38182]

How the hell does that happen? Is he with Mastrov or did he just come out of the blue?

He is joining Mastrov

At USAT:New character emerges in Kings saga,as Warriors minority owner Vivek Ranadive takes lead role in Sacto bid- usat.ly/WXJfae
— Sam Amick (@sam_amick) March 21, 2013

Ranadive is listed as the vice chairman of GSW ownership group--No. 3 on totem pole. Significant player here.
— Tim Kawakami (@timkawakami) March 21, 2013

Warriors co-owner Vivek Ranadive joining in on group vying to keep Kings in Sacramento, source tells Y! Sports.
— Marc J. Spears (@SpearsNBAYahoo) March 21, 2013

 

[lightweight champion]

I'm confused. Is he selling his minority ownership of GSW to become a majority owner of the Kings? What percentage would he own with Mastrov? If he is selling, how much of GSW does he currently own?

 

[Deleted member 38182]

I'm confused. Is he selling his minority ownership of GSW to become a majority owner of the Kings? What percentage would he own with Mastrov? If he is selling, how much of GSW does he currently own?

He will have to sell any ownership of the GSW. I'm assuming he'd take the majority ownership or he'd just join the limited ownership group with Mastrov/Burkle and making it one giant piece of ownership.

peep his twitter.... this is HUGE

https://twitter.com/Vivek

 

[Deleted member 38182]

Excited to be a part of the revitalization of a great community and the globalization of an amazing franchise. #HereWeStay
— Vivek Ranadivé (@Vivek) March 21, 2013

Looking forward to supporting @kj_mayorjohnson as we work towards keeping the @sacramentokings where they belong. #HereWeStay
— Vivek Ranadivé (@Vivek) March 21, 2013

 

[lightweight champion]

I was under the assumption Mastrov wanted to own the majority. But I guess whatever it takes to keep the team here I'm on board for. Was he added on because Mastrov didn't want to make that significant bid raise alone or because he couldn't?

 

[Deleted member 38182]

I was under the assumption Mastrov wanted to own the majority. But I guess whatever it takes to keep the team here I'm on board for. Was he added on because Mastrov didn't want to make that significant bid raise alone or because he couldn't?

No word on that just yet, but probably just to get help. With Burkle focusing most of his resources on the arena development, he probably couldn't help Burkle much on the bid.

You can never have enough whales tho!

 

[mister916]

Mastrov would still be the primary owner right? Ranadive would probably have a bigger percentage with the Kings than the warriors.

 

[Deleted member 38182]

I don't how the ownership pie would be divided between these guys but since he is leading the group, its fair to assume he would be majority owner 

edit: and here we have it

@aykis16 @sam_amick @kbergcbs We're told Ranadive would lead the bid to buy the #NBAKings
— Ryan Lillis (@Ryan_Lillis) March 21, 2013

 

[mister916]

Looks like ranadive might be taking over

 

[lightweight champion]

Like I said, I'm all for whatever keeps the team in town. I'm just surprised to see a third bidder. It kinda makes me feel like Mastrov wasn't the whale KJ said he is, more like a baby beluga.

 

[Deleted member 38182]

Like I said, I'm all for whatever keeps the team in town. I'm just surprised to see a third bidder. It kinda makes me feel like Mastrov wasn't the whale KJ said he is, more like a baby beluga.

He's not a 3rd bidder, he is combining forces with Mastrov/Burkle but taking the lead of that ownership bid, its good that Mastrov and Burkle are accepting them.

He is a 3rd investor tho.

think of it as a megazord if you will, with all 3 of these guys + KJ +22 local investors combining 

this also has to be good right??

Apparently new prospective #SacKings owner Vivek Ranadive is a friend of Ted Leonsis, who just so happens to be on NBA relocation committee.
— Jonathan Santiago (@itsjonsantiago) March 21, 2013

 

[mister916]

Would have been better if he was an owner. Doesn't hurt I guess.

 

[lightweight champion]

If it's all part of the plan, then it must be going really well.

Megazord

 

[Deleted member 38182]

If it's all part of the plan, then it must be going really well.

Megazord

Carmichael Dave did tease the hell out of this an hour or so before news broke, he was telling people to get ready to google and keep refreshing twitter 

And he did claim this is all part of a bigger plan leading up to the BoG meeting.... but it feels like half the time he blows smoke out his *** 

Source with intimate knowledge of the #Kings situation says "things are moving fast and looking very good for Sacramento."
— Aaron Bruski (@aaronbruski) March 21, 2013

RT @blakeellington: San Jose Merc and Wall Street Journal agree Ranadive may be the Most Interesting Man in the World articles.marketwatch.com/2012-04-13/com…
— Ryan Lillis (@Ryan_Lillis) March 21, 2013

Suck on the Nets owner!! (I forgot his name)

Stern/NBA has to be loving the fact that Ranadive could help expand into India

RT @tonybizjak: And this: Ranadive coached his daughter's little league basketball team to the national championships ow.ly/jiOyH
— Ryan Lillis (@Ryan_Lillis) March 21, 2013

I actually remember reading article a few years ago!

 

[Deleted member 38182]

This is probably why there's a hang up. I'm sure it shouldn't be a big deal, just more private money to help with non arena development!

Source: Ranadive/Burkle/Mastrov now all investing on team side and arena side.
— stevelarge_cbs13 (@largesteven) March 21, 2013

thankfully this isn't a last minute thing either!

Source: Ranadive has been in negotiations for weeks. Not just now joining burkle/mastrov group. Would have appeared on term sheet 2day
— stevelarge_cbs13 (@largesteven) March 21, 2013