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

Throwdown wrote:http://www.sacbee.com/2013/01/12/5109940/group-plans-to-buy-kings-and-build.html

welp...

Throwdown wrote:

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

That was because the state legislature wouldn't push his Key Arena renovation plan through, they killed that deal with the quickness.

Happypuppy wrote:California is broke. Anybody really think the taxpayers are going to foot the bill for a arena and to buy a team ? Just relax, it's all posturing. They know the Seattle group has deep pockets and are trying to play them to get some more $$. This group would have showed up a long time ago they still have Arco arena to deal with and where is the cash for that coming from?

Blitzer88 wrote:

Happypuppy wrote:California is broke. Anybody really think the taxpayers are going to foot the bill for a arena and to buy a team ? Just relax, it's all posturing. They know the Seattle group has deep pockets and are trying to play them to get some more $$. This group would have showed up a long time ago they still have Arco arena to deal with and where is the cash for that coming from?

Well from the article that throw posted, the arena from the Sac group would be privately funded by those involved in the purchase of the team.

pinksheets wrote:I'm not giving up hope, but I can't begrudge Sactown's attempts to keep their team. If they can pull it together, they deserve to. Imagine if we had a mayor like KJ when crap was hitting the fan.

Throwdown wrote:

pinksheets wrote:I'm not giving up hope, but I can't begrudge Sactown's attempts to keep their team. If they can pull it together, they deserve to. Imagine if we had a mayor like KJ when crap was hitting the fan.

Man... I wish we did! Instead we had that fat slob who pretty much rolled over when the team was purchased.

@ChrisDaniels5
Longtime NBA writer @aldridgetnt says Industry source says Hansen's "...got a clear path" to bring Kings-to-#Seattle:

Throwdown wrote:Just gonna leave this here.

@ChrisDaniels5
Longtime NBA writer @aldridgetnt says Industry source says Hansen's "...got a clear path" to bring Kings-to-#Seattle:

http://www.nba.com/2013/news/features/d ... f:nbahpt6f

Throwdown wrote:Rollercoaster moving up...

http://sports.yahoo.com/news/nba--nba-r ... 16508.html

Now watch in a few hours, the rollercoaster will drop again.

drdiags wrote:

Throwdown wrote:Rollercoaster moving up...

http://sports.yahoo.com/news/nba--nba-r ... 16508.html

Now watch in a few hours, the rollercoaster will drop again.

$525 Mil for 65% ownership? You would have thought we were talking 100% but I guess the minority owners don't want to sell their interest? Or did I miss something in Wojo's report?

pinksheets wrote:Warning to Sac fans:

Pstark3 wrote:"Because Chris Hansen, the venture capital magnate who is seeking to buy the Kings and move them north, is close to Portland Trail Blazers owner Paul Allen and the ownership group of the NFL's Seattle Seahawks, it's been believed in Seattle that Hansen wanted to wait until the Seahawks' season ended before going forward with making his pursuit of the Kings public, so as to not upstage the football team. With the Seahawks' last-second loss Sunday in Atlanta, the time may have come."

http://www.nba.com/2013/news/features/d ... f:nbahpt6e

Throwdown wrote:6 Weeks? to get that all together? Big task, wish we had KJ in 2008.

Blitzer88 wrote:http://www.king5.com/news/cities/seattle/Sacramento-mayor-to-present-counteroffer-for-Kings-186984201.html

And the roller-coaster ride continues.

Throwdown wrote:6 Weeks? to get that all together? Big task, wish we had KJ in 2008.

A second lawsuit has been filed to block the city of Seattle and King County from carrying out a plan with the Chris Hansen-led investor group to help finance a $490 million Sodo sports arena.

Peter Vecsey ‏@PeterVecsey1
Source says almost living lock Phil Jackson will become front office face of Seattle-bound Kings' franchise. Won't coach. Will mentor choice

Seahawk Sailor wrote:

Peter Vecsey ‏@PeterVecsey1
Source says almost living lock Phil Jackson will become front office face of Seattle-bound Kings' franchise. Won't coach. Will mentor choice

Can't vouch for the validity of that tweet, but DAYUM! Make it so.

drdiags wrote:What does "almost living lock" mean? Is Phil now some undead guy or Demi-god? Come on Mr. Fancy Author dude, tell me what that means. ...smile....