Seahawk Sailor wrote:Seeing the same thing reported here:

RealGM ‏@RealGM
Unconfirmed Report: Kings To Be Sold For $525M To Seattle Group, Maloofs Completely Out -- http://bit.ly/UbEiFX

I think Hansen could have saved himself 25 large by letting them sweat a day or two more. He has the time.

m0ng0 wrote:yay ! Portlands favorite punching bag is alive again

Seahawk Sailor wrote:Here's a thought that I've had a few times over the last little bit since this story was leaked. Maybe the deal's done. Complete. Finished. Signed and everything. Why? It's simple. Nobody wanted this leaked in the first place, and I'm guessing they were pretty pissed that it was leaked. Nobody, and I mean nobody wants anyone to watch the remaining Kings season knowing they're done for and dead in the water until the absolute last second. There could be a ton of behind-the-scenes stuff happening that will move this sale along quicker when it's finally announced, but until then, they don't want to say anything because of the effect it will have on the team and league. Just a hunch, but we may see the sale and petition to move done at the 11th hour. That leak wasn't supposed to happen, and things got well out of hand quickly. Too quickly for how early it still is in the year.

Throwdown wrote:More news, take it however you want, I'll wait until the announcements are made

http://www.sactownroyalty.com/2013/1/11 ... al-is-done

I've heard from reliable source that the Kings' sale to Hansen-Ballmer in Seattle is done deal. Source said price of the sale is $525 million. The source said further that the Maloofs will have no stake or decision-making with Seattle team and are out.

If thats true, they upped the price $25M to let the Maloofs be pacified enough to keep their stench off the franchise.

Seahawk Sailor wrote:Seeing the same thing reported here:

RealGM ‏@RealGM
Unconfirmed Report: Kings To Be Sold For $525M To Seattle Group, Maloofs Completely Out -- http://bit.ly/UbEiFX

I think Hansen could have saved himself 25 large by letting them sweat a day or two more. He has the time.

m0ng0 wrote:yay ! Portlands favorite punching bag is alive again

Pstark3 wrote:Mark Mastrov looking to buy the kings and keep them in Sac.

Throwdown wrote:This stuff is making me sick to my stomach

Have I not suffered enough rollercoaster rides as a sonics fan?

dunceface wrote:This isnt fun anymore :, (
Everytime my ESPN app alert goes off my heart skips a beat and then it wants to tell me that Lance Armstrong is gonna confess something we already knew!
AINT NOBODY GOT TIME FOR DAT!!

Throwdown wrote:

dunceface wrote:This isnt fun anymore :, (
Everytime my ESPN app alert goes off my heart skips a beat and then it wants to tell me that Lance Armstrong is gonna confess something we already knew!
AINT NOBODY GOT TIME FOR DAT!!

ECB!!!!

@sam_amick
With the end of the Kings & rebirth of the Sonics seeming inevitable, Kevin Johnson says he's still in this game

@sam_amick
A line that was added late: Sacramento proposal must include viable arena plan to be taken seriously by NBA

pinksheets wrote:It's my understanding that the arena deal died when the Maloofs pulled out. It wasn't passed as some general standing offer to any potential Kings owner, it was a very specific thing that was voted on by their council and what not but was nullified when there was no final agreement. KJ has suggested that the same deal would be available, but I'm pretty sure they'd have to vote again and all that, and that's assuming the Sac owners would all be signed on to that exact deal. That's a lot to swing in a short time, especially when you consider it's hard to negotiate an arena deal when you aren't the team owners and you can't be the team owners without an arena deal.

Throwdown wrote:I'm totally doing that when the news breaks.

Pstark3 wrote:

Throwdown wrote:I'm totally doing that when the news breaks.

I did that on wednesday when i first thought the "news broke".

So the potential hang-up I'm hearing with the sale of the Sacramento Kings is that the Maloofs don't just want to
retain a small percentage of ownership, they still want a voice in how the franchise is run. Their leverage, a source said, is to threaten to take the sweetheart deal still waiting for them in Orange County and, should the other owners not approve the deal out of allegiance to Dr. Buss and the Lakers, take them to court with an anti-trust suit. That is far messier than anybody wants, Maloofs included I suspect, but I also can't see anyone buying the team and still giving the Maloofs any sort of say. The March 1 deadline to file for the rights to play somewhere other than Sacramento next season might be the biggest motivator in all of this

Throwdown wrote:We ain't getting no team anytime soon...

So the potential hang-up I'm hearing with the sale of the Sacramento Kings is that the Maloofs don't just want to
retain a small percentage of ownership, they still want a voice in how the franchise is run. Their leverage, a source said, is to threaten to take the sweetheart deal still waiting for them in Orange County and, should the other owners not approve the deal out of allegiance to Dr. Buss and the Lakers, take them to court with an anti-trust suit. That is far messier than anybody wants, Maloofs included I suspect, but I also can't see anyone buying the team and still giving the Maloofs any sort of say. The March 1 deadline to file for the rights to play somewhere other than Sacramento next season might be the biggest motivator in all of this

I'm just about finished with my hopes right now.

http://sulia.com/channel/la-sports/f/2b ... ce=twitter

chris98251 wrote:They said the same thing when Balmer made a late entry here also if you remember correctly. It didn't stop anything.