that's the same report. 350 from his end, 400 mill in verbal commitments, whatever that means in the real world.

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4/27/13 - I was there #humblethug

Already been discussed in this thread.

Remember this?

http://www.emeraldcitycenter.com/

These type of 'too good to be true' plans act more to muck up the focus of the serious stuff than anything else. You think KJ and his guys want talk of a supposedly public spending free plan going on right now? It's a huge distraction for their more realistic pitch and gives ammo to all of the NIMBY types.

Some of you need to stop worrying, we have the upper hand. An agreed deal, that the maloofs can't back out of, an arena plan that's far ahead any arena deal sacramento, or this dude can come up with in a months time, and we got good money writing the checks. Teams coming to Seattle, everything until the BOG meeting is just noise.

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Official Tharold Simon Fan Club Member

And I hereby decree that Blitzer shall stay away from all Sonics/Kings news for the next 7 days. It's for your own good, dude. KJ is going to announce the whales tomorrow, a hype train will get started, and there is going to be a lot of buzz that isn't necessarily in touch with reality. Let things settle before you get too worked up (which you know you won't so stay away! get in your panic room).

Buts its soooo hard, but I will try my best Pink.

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I really want to have what you're trying to say explained to me, but I also don't...and want to leave it as a piece of performance GIF art that we can all take our own meaning from.

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The $30 mil was paid and is nonrefundable. This has been confirmed by the Maloofs. The Hanson deal would have to fall apart for it to even be possible for the Maloofs to take other offers.

The ball is in Chris Hanson's court, people, and he is driving the lane.

Kevin Johnson "state of the city" announcement coming up on the Kings part of the speech. Rumors would tell me that there's going to be some bad news for Seattle. Fingers crossed, but here goes.

Link if anyone's interested: http://sacramento.cbslocal.com/live-video-kmax/

well when done can someone post details, it says my browser isn't compatible with it. I tried Chrome and Explorer.

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To Be P/C or Not P/C That is the Question................Seahawks kick Ass !!!!
Used to be an Alumni till they pulled a USC on me...
.Net official Clueless, Dumbass, Douche, Simpleton, CensoredTard , and Idiot.

Not over yet but quick summary:

1. Mark Mastrov will be primary owner (this was unclear, Kevin stumbled a bit here)
2. Burkle will lead the arena financing
3. Mastrov will submit a competitive offer to the NBA tomorrow
4. Johnson believes that the bid will be close enough to Seattle that the NBA will make the Maloofs sell to the local group
5. THE MONARCHS WILL BE BACK IN THE NEW ARENA

Edit: So basically nothing new, other than that they'll be submitting an offer tomorrow.

So close to Seattles bid, not equal or better, and Burkle will lead financeing for a new Arena that has not been approved, designed or voted on. Sounds like a lot of hopes and wishes. Additionally the NBA just approves a sale, Maloofs already accepted Hansens offer, it would require them renigging on it to not go thru since they have accepeted 30 million in earnest money already also.

But thank you for the post.

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To Be P/C or Not P/C That is the Question................Seahawks kick Ass !!!!
Used to be an Alumni till they pulled a USC on me...
.Net official Clueless, Dumbass, Douche, Simpleton, CensoredTard , and Idiot.

Nothing unexpected really.

Call me old fashion, but I just got more confident.

That's how they're going to war? Lol

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Official Tharold Simon Fan Club Member

Kevin Johnson can say what he wants, he has no say if the Kings come to Seattle, it isn't up to him or his thrown together unapproved plan. I love how the Hansen-Balmer group is silent right now.

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Hugh Millen = CBJ minus the cool beard

KJ is sort of a gladhanding politico, but he's got balls. He's really laying his stuff out there to say no way will we get his team. I know it's been said over and over, but Christ I wish we had a mayor like that when the Sonics left.

any updates on this?

Mitch from KJR is saying he's hearing that the Sacramento offer is significantly less than the Seattle offer, and that KJ is banking on this idea that a Sac buyer wouldn't have to repay the loan the city gave to the Kings. Mitch said he knows the exact amount of the offer, won't say, but expects the news to start leaking anytime.

Problem with that is, a significantly lower valuation is not going to appeal to owners. On top of that, there is no indication the city is prepared to just forgive that loan. In fact, in the recent city council vote, one of the principles of the arena negotiations authorized was that the existing city loan would be retired and any refinancing would require secure collateral, meaning that a new owner would still be on the hook for it.

He also said the Hansen group has a few "bullets to fire" that they're "sitting on" if need be.

Pink, you've been a f-ing hero in this thread. I check it every few days to ease my concerns.

Thanks.

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@ryanadamdavis