jumpmanfromdabay
Banned
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Wait..... the Kings could still leave for Seattle? I'm confused
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It's posturing to show he's serious about getting a team. It may not work this time around, but the league cannot ignore a guy willing to throw that kind of money around.
See what I mean?so the NBA knows we real players. he also promised that aslong as the NBA is in seattle it will be putting into the revenue sharing not just getting as much as other teams...
11 minutes apart isn't simultaneous, champ
11 minutes apart isn't simultaneous, champ
Man you're obsessed with coming at me like these lebron haters in the nba thread.
Do you even bring anything useful in here or do you just attempt to be funny?
Your probably niketalker23's extra account
The salt...
Just face it man, The Sonics are gone, and they aren't going back.
Stop trolling this thread.
you are relentless with the shotsLet them beStop trolling this thread.even with new owners they will never win a chip... i mean who wants to go to Sacramento?
Their call of fame was that they almost beat my Lakers in the conference championship
Stop trolling this thread.
Let them be even with new owners they will never win a chip... i mean who wants to go to Sacramento?
Their call of fame was that they almost beat my Lakers in the conference championship
\
Naw, Sacramento is (understandably) too easy of a targetCan't no one get along?
The group trying to move the Sacramento Kings to Seattle is continuing to be relentless in its pursuit. That includes the current owners of the team, the Maloof family.
And the NBA could be listening.
Chris Hansen and Steve Ballmer, the deep-pocketed Seattle-based investors trying to acquire the team, have struck a new deal with the Maloofs that may create more drama in Sacramento and the league office.
Two sources told ESPN.com the Maloofs have informed their fellow owners that if their deal to sell and relocate the Kings to Seattle is not approved by league owners next week, they will not sell the team to a Sacramento-based group that promises to kept the Kings in Sacramento.
Instead, the cash-strapped Maloofs have made a "backup" agreement with the Hansen-Ballmer group to sell them 20 percent of the team for $125 million to allow the Maloofs to continue to operate the franchise.
That new "backup" plan comes on the heels of Hansen's announcement on Friday that he had upped his offer to buy the Maloofs' 65 percent of the Kings to $409 million (from $358 million) for a total valuation of $625 million.
Sources said that new proposal also included a $115 million offer to owners as a relocation fee, which would amount to about $4 million per team. By comparison, in 2008 when the Oklahoma City Thunder moved from Seattle they paid a $30 million fee to the other owners.
To consider these incredible new figures, the NBA relocation committee is planning to re-evaluate the Hansen-Ballmer offer and has scheduled another meeting ahead of next Tuesday's full owners meeting in Dallas, sources said.
Two weeks ago that same committee voted unanimously to reject the relocation request to Seattle and the full body of owners was expected to follow that recommendation. It appeared a prospective ownership group based in Sacramento had won and the team would stay long term.
After three years of wrangling over the future of the Kings, it would not seem likely the owners would allow it to return to square one again. The Hansen-Baller's super aggressive, cash-laden increased offer is apparently causing at least some reconsideration.
A league spokesman did not reply to a request for comment.
Just as with relocation, teams cannot sell minority shares without approval from the league's owners. It's questionable whether the owners would approve of a group that clearly wants to team to end up in Seattle to buy a large stake in a team they vote to be kept in Sacramento. But they also cannot compel the Maloofs to sell the team.
Over the last three months, the NBA has negotiated its own backup plan for the Kings with a group led by Silicon Valley billionaire Vivek Ranadive. That group, which has changed its leadership several times, ultimately offered a valuation of $525 million for the Kings and brokered a deal with local governments to building a new arena with more than $250 million in public funds.
After studying the offers closely, the relocation committee ultimately decided that Ranadive and the City of Sacramento's offer was suitable. Ranadive, who has put 50 percent of the purchase into escrow, was hoping the owners will also green light his purchase when they settled the matter next week.
But the Maloofs' latest move with the Hansen-Ballmer group's new promises could throw all that into question again. The Maloofs have favored the Hansen deal the entire time and did not negotiate with Ranadive or the city involving the new arena.
The strategy is rather transparent. If the relocation bid is officially blocked, Hansen and Ballmer want a piece of the Kings so they could apply pressure on the City of Sacramento to execute an arena deal with them. The city and the Maloofs have failed to come to an agreement on a new arena several times in the last decade. If the Maloofs keep the team and an arena deal couldn't be reached, the franchise could apply for relocation again.
Several ownership sources told ESPN.com that there was some concern that Ranadive and the City of Sacramento could close and execute the deal for the new arena. Those concerns could be driving this last round of fighting by the Seattle group as they try to sway owners who may not have fully made up their minds.
Throughout this tedious process, the Maloofs and the Hansen-Ballmer group have worked without involving the league office and powerful NBA Commissioner David Stern. Meanwhile, the Sacramento group and mayor Kevin Johnson have worked with Stern every step of the way. That partnership seems to have helped the city and Ranadive get into favorable position with other owners.
That trend has not stopped the Seattle group from pressing forward with these plans.
you are relentless with the shots
next, you'll be saying you didn't want this sorry *** team anyways
Just block him. Attitudes like that are more of an emotional state than a representation of a particular team. After all, Sacramento fans have nicknames similar Seattle people as Seatrolls, so it goes both ways.you are relentless with the shots
next, you'll be saying you didn't want this sorry *** team anyways
Nah i want the team
but with dudes like Lightweight i can see why your guys nickname is the Sacramento Queens... all he does is catch feelings
You gotta admit though, they are pretty crafty and revengeful scum. Still... I don't see any ways this gets approved. This has to be THE WORST hand of poker they can play. With the whole "Right of first refusal" debate with the Bob Cook share a couple months ago, you can see a mile away that they are trying to play this exactly like Clay Bennett did in Seattle.The group trying to move the Sacramento Kings to Seattle is continuing to be relentless in its pursuit. That includes the current owners of the team, the Maloof family.
And the NBA could be listening.
Chris Hansen and Steve Ballmer, the deep-pocketed Seattle-based investors trying to acquire the team, have struck a new deal with the Maloofs that may create more drama in Sacramento and the league office.
Two sources told ESPN.com the Maloofs have informed their fellow owners that if their deal to sell and relocate the Kings to Seattle is not approved by league owners next week, they will not sell the team to a Sacramento-based group that promises to kept the Kings in Sacramento.
Instead, the cash-strapped Maloofs have made a "backup" agreement with the Hansen-Ballmer group to sell them 20 percent of the team for $125 million to allow the Maloofs to continue to operate the franchise.
That new "backup" plan comes on the heels of Hansen's announcement on Friday that he had upped his offer to buy the Maloofs' 65 percent of the Kings to $409 million (from $358 million) for a total valuation of $625 million.
Sources said that new proposal also included a $115 million offer to owners as a relocation fee, which would amount to about $4 million per team. By comparison, in 2008 when the Oklahoma City Thunder moved from Seattle they paid a $30 million fee to the other owners.
To consider these incredible new figures, the NBA relocation committee is planning to re-evaluate the Hansen-Ballmer offer and has scheduled another meeting ahead of next Tuesday's full owners meeting in Dallas, sources said.
Two weeks ago that same committee voted unanimously to reject the relocation request to Seattle and the full body of owners was expected to follow that recommendation. It appeared a prospective ownership group based in Sacramento had won and the team would stay long term.
After three years of wrangling over the future of the Kings, it would not seem likely the owners would allow it to return to square one again. The Hansen-Baller's super aggressive, cash-laden increased offer is apparently causing at least some reconsideration.
A league spokesman did not reply to a request for comment.
Just as with relocation, teams cannot sell minority shares without approval from the league's owners. It's questionable whether the owners would approve of a group that clearly wants to team to end up in Seattle to buy a large stake in a team they vote to be kept in Sacramento. But they also cannot compel the Maloofs to sell the team.
Over the last three months, the NBA has negotiated its own backup plan for the Kings with a group led by Silicon Valley billionaire Vivek Ranadive. That group, which has changed its leadership several times, ultimately offered a valuation of $525 million for the Kings and brokered a deal with local governments to building a new arena with more than $250 million in public funds.
After studying the offers closely, the relocation committee ultimately decided that Ranadive and the City of Sacramento's offer was suitable. Ranadive, who has put 50 percent of the purchase into escrow, was hoping the owners will also green light his purchase when they settled the matter next week.
But the Maloofs' latest move with the Hansen-Ballmer group's new promises could throw all that into question again. The Maloofs have favored the Hansen deal the entire time and did not negotiate with Ranadive or the city involving the new arena.
The strategy is rather transparent. If the relocation bid is officially blocked, Hansen and Ballmer want a piece of the Kings so they could apply pressure on the City of Sacramento to execute an arena deal with them. The city and the Maloofs have failed to come to an agreement on a new arena several times in the last decade. If the Maloofs keep the team and an arena deal couldn't be reached, the franchise could apply for relocation again.
Several ownership sources told ESPN.com that there was some concern that Ranadive and the City of Sacramento could close and execute the deal for the new arena. Those concerns could be driving this last round of fighting by the Seattle group as they try to sway owners who may not have fully made up their minds.
Throughout this tedious process, the Maloofs and the Hansen-Ballmer group have worked without involving the league office and powerful NBA Commissioner David Stern. Meanwhile, the Sacramento group and mayor Kevin Johnson have worked with Stern every step of the way. That partnership seems to have helped the city and Ranadive get into favorable position with other owners.
That trend has not stopped the Seattle group from pressing forward with these plans.these maloofs are effin scum
you are relentless with the shots
next, you'll be saying you didn't want this sorry *** team anyways
Nah i want the team
but with dudes like Lightweight i can see why your guys nickname is the Sacramento Queens... all he does is catch feelings