UPDATE: Kings staying in Sacramento

[Gonzo]

Originally Posted by Ron

Competing interests in Seattle and Sacramento for the Kings. Maloofs want a bidding war. Not really that confusing.

Done deal, not done deal, done deal, Sac. town buyer "interested"..... confusing.

Thread updated 3 times, should be 4

[Ron]

Originally Posted by Gonzo

Done deal, not done deal, done deal, Sac. town buyer "interested"..... confusing.

Thread updated 3 times, should be 4

Dude, things are being reported on Twitter hour by hour from competing interests and competing media who wants the team in their city. Of course they are going to color or slant it in their direction.

If you are confused about THAT kind of posturing, I'm not sure what to tell you. Moving a pro sports franchise doesn't happen in a day.

Relax and read the chronological entries. The title will be updated as new news occurs.

[G-Force]

A deal is not done until the paperwork has been signed by ALL of the required parties. I would be very happy to get a team in Seattle next season, but I can wait awhile. If Sacramento can work out a deal to keep their team, then I will be happy for the Kings fans.

G

[RollWithEm]

The NBA held a conference call with members of the league's relocation committee to outline deal points on the proposed sale of majority ownership of the Sacramento Kings to a Seattle-based ownership group

League sources told Yahoo! Sports

Don't give up hope too soon, Sonics fans. You still might get your team.

The call detailed what NBA officials described as "a non-binding set of deal points" on a $525 million sale of majority ownership to the Chris Hansen-Steve Ballmer group, sources said.

Discussions have continued in the past week to push the purchase to toward completion and ultimately clear the way for the franchise to move to Seattle, sources told Yahoo! Sports.

I'm pulling for it to happen. Seattle deserves a team.

[Jace]

Nice analrapist avy.

[RollWithEm]

Mayor Kevin Johnson said this morning that he has received approval from NBA Commissioner David Stern to present a counter offer for the Kings directly to the NBA's board of governors. Calling a reported $525 million offer for the team that's being floated by a Seattle group "outrageous," the mayor said during the annual State of Downtown address that he has developed a strategy to keep the Kings in Sacramento. Johnson said he is looking for potential owners who would keep the team in Sacramento to bid against the Seattle offer led by hedge-fund manager Chris Hansen.

http://blogs.sacbee.com/city-beat/20...ly-to-nba.html

[The Big Dipper]

BREAKING NEWS!

Mister Swackhammer of the Nerdlucks intends on buying the Kings and moving them to his amusement park Moron Mountain.

[Floods]

Marc Stein ‏@ESPNSteinLine
Just going online now: Maloofs have struck deal to sell 65 percent of Kings to Chris Hansen group in Seattle for $525 million, sources say

Marc Stein ‏@ESPNSteinLine
Kings deal to Seattle group still requires formal NBA ratification but Hansen group intends to file for relocation by March 1 if approved

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[BobStackhouse42]

Seattle should be pumped. Congrats.

[Jace]

@WojYahooNBA With sale finalized, NBA's Relocation Committee will approve Kings move to Seattle for next season, sources tell Y! "Formality," source says

This history thing is going to be interesting. Haven't read this thread much so I don't know if it's been discussed a lot. I wouldn't mind them being the Seattle Kings. If they try to be the Sonics without getting their history back from OKC (back, not "shared"), it'll feel weird. If they take OKC's SEA history, what happens to SAC's long and geographically promiscuous history? Hell, why not just give it to OKC? Make them become the OKC Kings, since the Thunder identity is kinda whack. OK King Kevin Durant sounds cool, no?

[Dee-Zy]

I wonder how that is going to affect divisions...

Seattle in the pacific division?

[Dee-Zy]

OKC should just be OKC as if they were an expansion franchise.

Seattle get their Sonics back if they want.

Sucks for the kings, but oh well...

[roux2dope]

1. I feel bad for Kings fans
2. I am happy for Sonics fans
3. I am relived as a Bucks fan

[Floods]

Originally Posted by Dee-Zy

I wonder how that is going to affect divisions...

Seattle in the pacific division?

I think Utah to the pacific with Seattle in the northwest is the most logical solution.

They could also do it so the pacific is Seattle, Portland, and the 3 Cali teams, but that would mean shifting Phoenix to the SW and then Memphis to the NW, but that's a little more complicated than is really necessary. That would make some in-division road trips pretty shitty for Memphis too.

[Floods]

J.A. Adande ‏@jadande
True RT @DaRealBradC: Key fact: Sac Mayor Kevin Johnson told by David Stern he could present counter offer to board of governors meeting.

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