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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 12:59 pm 
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Sports Hernia wrote:
Throwdown wrote:
AbsolutNET wrote:
Wouldn't it be great if Seattle doesn't get the Sonics because you just jinxed it?


No it'd be a travesty, and you all should exile me!

To Australia or... Arizona... Maldives Islands?

How about Pissburgh or OKC?


He's already planning a visit to OKC to buy his Ibaka jersey.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 1:00 pm 
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Sports Hernia wrote:
Throwdown wrote:
AbsolutNET wrote:
Wouldn't it be great if Seattle doesn't get the Sonics because you just jinxed it?


No it'd be a travesty, and you all should exile me!

To Australia or... Arizona... Maldives Islands?

How about Pissburgh or OKC?


Thats just uncalled for, but OKC would have a basketball team atleast...

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 1:04 pm 
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peachesenregalia wrote:

He's already planning a visit to OKC to buy his Ibaka jersey.


shhhhhhhhhhhhh thats suppose to be a secret

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 1:41 pm 
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Think of the career Josh Portis could have had if he weren't backed by ol' Mr. "So what if I ran over an old gypsy woman?" over here.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 2:49 pm 
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Didn't the NBA and Bennet already screw the city of Seattle out of the 45 million they were suppose to get.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Fri Feb 01, 2013 8:57 pm 
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chris98251 wrote:
Didn't the NBA and Bennet already screw the city of Seattle out of the 45 million they were suppose to get.


No there were things that had to be done to get those, and in good old Seattle fashion they sat on their hands n screwed themselves.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Sat Feb 02, 2013 2:14 pm 
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Throwdown wrote:
chris98251 wrote:
Didn't the NBA and Bennet already screw the city of Seattle out of the 45 million they were suppose to get.


No there were things that had to be done to get those, and in good old Seattle fashion they sat on their hands n screwed themselves.


Ahh I see the broker a deal not to file a lawsuit for Bennett leaving for 45 million and then screw up the collection of that money by doing nothing and allowing Bennett to not be contested in a legal arena and keep his money also. Nice job, now they they are holding Hansens feet to the fire on every little thing.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Sat Feb 02, 2013 3:37 pm 
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chris98251 wrote:
Throwdown wrote:
chris98251 wrote:
Didn't the NBA and Bennet already screw the city of Seattle out of the 45 million they were suppose to get.


No there were things that had to be done to get those, and in good old Seattle fashion they sat on their hands n screwed themselves.


Ahh I see the broker a deal not to file a lawsuit for Bennett leaving for 45 million and then screw up the collection of that money by doing nothing and allowing Bennett to not be contested in a legal arena and keep his money also. Nice job, now they they are holding Hansens feet to the fire on every little thing.


I just know they let Bennett off the hook for $30 million when they didn't want to even try to get Key Arena renovated, that had to happen by 2009, and if we had an NBA compatible arena by 2012 and no team, he owed some more, we let him off the hook.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Sat Feb 02, 2013 4:10 pm 
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OK, this legalese BS is giving me a headache. So what are everyone's gut feelings, is Seattle getting an NBA team??!!

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Sat Feb 02, 2013 4:14 pm 
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grizbob wrote:
OK, this legalese BS is giving me a headache. So what are everyone's gut feelings, is Seattle getting an NBA team??!!


Yes, I believe they'll be here next season.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Sat Feb 02, 2013 4:21 pm 
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Throwdown wrote:
grizbob wrote:
OK, this legalese BS is giving me a headache. So what are everyone's gut feelings, is Seattle getting an NBA team??!!


Yes, I believe they'll be here next season.


Thanks birthday boy, let the celebration begin :thirishdrinkers: :th2thumbs:

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 04, 2013 11:43 pm 
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On Northwest Sports tonight, Paul Silvi talked about how the deal has hit another snag. I guess some lawyers found that before the Maloofs are technically allowed to sell to Hansen's group, the Maloofs must first allow the minority owners a chance to buy their, the Maloof's, share or something related to that.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 04, 2013 11:46 pm 
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Blitzer88 wrote:
On Northwest Sports tonight, Paul Silvi talked about how the deal has hit another snag. I guess some lawyers found that before the Maloofs are technically allowed to sell to Hansen's group, the Maloofs must first allow the minority owners a chance to buy their, the Maloof's, share or something related to that.


Yeah, that's actually been news for a couple weeks now I think.

Anyone heard anything new (past few days) about this? I wonder what has happened to that $30 million non-refundable check that Hansen was supposed to make out to the Maloofs on Feb 1st.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 12:01 am 
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ROFR has been called a nonissue by both Hansen's lawyers and supposedly NBA lawyers who have all seen the contracts.

The $30m was placed in escrow, so assuming Hansen hasn't pulled out of the deal quietly before the Feb 1st deadline, the money was transferred to the Maloofs.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 2:54 am 
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Paul Silvi is CRAZY late!

How is he that late with the story?

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:14 am 
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The most up to date explanation of the Right of First refusal is here:
http://probasketballtalk.nbcsports.com/ ... r-seattle/

Note that one of the writers is from Sacramento.

I think it is absolutely ridiculous to suggest that this contract clause is a "snag" or "surprise". I am certain that the Seattle group and the Maloofs had their attorneys spend tons of hours reviewing this contract, and the decision was made that the sale would be legal, so they proceeded. I guarantee that no one in the Seattle group is being surprised with this news.

All that matters is NBA approval at this point.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 8:11 pm 
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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 8:27 pm 
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Missing_Clink wrote:
The most up to date explanation of the Right of First refusal is here:
http://probasketballtalk.nbcsports.com/ ... r-seattle/

Note that one of the writers is from Sacramento.

I think it is absolutely ridiculous to suggest that this contract clause is a "snag" or "surprise". I am certain that the Seattle group and the Maloofs had their attorneys spend tons of hours reviewing this contract, and the decision was made that the sale would be legal, so they proceeded. I guarantee that no one in the Seattle group is being surprised with this news.

All that matters is NBA approval at this point.


That article really doesn't make things look very good for us at this point

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 8:37 pm 
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Only if you assume that Hansen and Ballmer's team of lawyers + the NBA lawyers who looked at it either completely missed these clauses or completely misinterpreted them.

How likely do you think that is?

Let's also keep in mind that the only minority owner saying that he received no notice of sale or was offered his ROFR is Cook, who is completely bankrupt and his share is now in the hands of the bankruptcy court, not him. He's got nothing. The other minority owners have indicated that they are not at liberty to speak at all, which makes me think they're in a loop that Cook is out of.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:16 pm 
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What date will we know one way or the other if there will be a team in Seattle next season? Is it all down to the NBA approving the move or could there still be issues after that?


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:20 pm 
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Glasgow Seahawk wrote:
What date will we know one way or the other if there will be a team in Seattle next season? Is it all down to the NBA approving the move or could there still be issues after that?

March 1st I believe. That's the deadline to file for relocation for the following season.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:23 pm 
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Sounds like April 17-18 are the dates the NBA Board of Governors will likely vote to approve the sale and relocation.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:26 pm 
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Ok. So Hansen will file by the deadline and then we'll have to to wait for the BOG approval?


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:28 pm 
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-The Glove- wrote:
Ok. So Hansen will file by the deadline and then we'll have to to wait for the BOG approval?

Well, technically the Maloofs still own the team right now, so they'd be filing(?) or the $30 million deposit established a business relationship and they'll all be filing? The NBA's inner workings and the actual sales agreement are both in the shadows right now, so it's hard to tell exactly how it's all going to go down.

I expect there to be a relocation filing of some sort by March 1st, though.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 05, 2013 9:37 pm 
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pinksheets wrote:
-The Glove- wrote:
Ok. So Hansen will file by the deadline and then we'll have to to wait for the BOG approval?

Well, technically the Maloofs still own the team right now, so they'd be filing(?) or the $30 million deposit established a business relationship and they'll all be filing? The NBA's inner workings and the actual sales agreement are both in the shadows right now, so it's hard to tell exactly how it's all going to go down.

I expect there to be a relocation filing of some sort by March 1st, though.

Ah I see...this whole thing is getting really confusing. Glad I have you guys on here to break it all down for me


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 9:23 am 
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Mayor Kevin Johnson seeks to have detailed plan to bid Kings and have a plan for a downtown arena by the end of the month.

http://www.sacbee.com/2013/02/06/516874 ... -plan.html

Why can't we have nice things?


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 9:40 am 
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Pstark3 wrote:
Mayor Kevin Johnson seeks to have detailed plan to bid Kings and have a plan for a downtown arena by the end of the month.

http://www.sacbee.com/2013/02/06/516874 ... -plan.html

Why can't we have nice things?


It sounds like posturing. I think it's too little too late. Surely Sacramento would have unveiled their major investors by noe.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 11:44 am 
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Pstark3 wrote:
Mayor Kevin Johnson seeks to have detailed plan to bid Kings and have a plan for a downtown arena by the end of the month.

http://www.sacbee.com/2013/02/06/516874 ... -plan.html

Why can't we have nice things?


Yea, it seems awfully late in the game for that. My best guess is that they just won't have everything finalized in time. Hopefully Sacramento would go to the top of the list for expansion after that. If they have buyers ready to put down $500+ mil for a team, the NBA would be fools to ignore it, just like they would be fools to ignore the Seattle group.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 11:54 am 
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Yeah, especially since they're looking at a different site than their previous arena deal potentially.

They had the city council support to vote for their last arena deal, but it'll likely be tougher if they try to fast track it. And who's to say their bid even includes a matching offer? I've heard KJ say numerous times they plan to make a "fair and competitive" offer. Anything less than a matching offer and an approved plan with full details for a state of the art arena and I'd say there is zero chance the Kings stay at this point, even with all that I'd say it's maybe 5%. There is a signed purchase agreement with owners the NBA wants with plans for an arena that is shaping up to be the class of the NBA in a better television market with a stronger economy.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 4:47 pm 
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Quote:
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(AP) - David Stern says group that has reached agreement to purchase Kings has filed to relocate the franchise to Seattle. #NBASeattle
Retweeted by 710 ESPN Seattle


Well there ya go.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 4:50 pm 
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pinksheets wrote:
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Tim Booth ‏@ByTimBooth
(AP) - David Stern says group that has reached agreement to purchase Kings has filed to relocate the franchise to Seattle. #NBASeattle
Retweeted by 710 ESPN Seattle


Well there ya go.


And the train starts rolling down the tracks.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 4:57 pm 
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Quote:
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BREAKING: Stern calls Hansen/Ballmer group “very strong”. #NBASeattle


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 5:06 pm 
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Listening to ESPN 710 right now

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 6:30 pm 
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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 7:58 pm 
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not even getting my hopes up this time lol


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 8:08 pm 
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Lmaooooooo lets go, man!

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 9:31 pm 
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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Wed Feb 06, 2013 9:44 pm 
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Ugh. I just want it to be set in stone already.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Thu Feb 07, 2013 10:53 am 
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can't believe i may actually get to watch the NBA again... that would definitely fell the void during the off season.. i get to watch the Mariners for about 2 weeks before it's evident they suck to high heaven, so the spring/summer for me is pretty much filled up with fishing and golf....

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 12, 2013 5:58 pm 
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Not so fast, KJ is not saying he will have the arena and financeing done by March 1st and that Seattles deal is not finalized and that they are going to push meeting with ownership and relocation commitee earlier then they said before.

Sounds like an attempt to defam or undercut us and make a slick fast deal.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Tue Feb 12, 2013 6:02 pm 
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Wake me up when the Sonics are in town!!!!!!

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Thu Feb 14, 2013 3:09 am 
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I can really respect how hard Kevin Johnson is working to keep the team there but I do wonder how the guy has time to be a mayor and spend so much time on this.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Thu Feb 14, 2013 3:40 pm 
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The biggest news so far to come out of All-Star weekend is that David Stern has said Expansion is not an option at this time. He also said that "removing a team from Sacramento is not a good idea. But having a team in Seattle is a good idea."


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Thu Feb 14, 2013 3:46 pm 
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Pstark3 wrote:
The biggest news so far to come out of All-Star weekend is that David Stern has said Expansion is not an option at this time. He also said that "removing a team from Sacramento is not a good idea. But having a team in Seattle is a good idea."


Hopefully that was more directed at Sacramento so that they know what to expect when the Kings move.


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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 4:54 pm 
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No news is good news??

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 5:03 pm 
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"Stern called the ownership group led by Chris Hansen and Microsoft CEO Steve Ballmer "very strong." He also called the proposed Sodo arena "quite strong" and when asked if there is anything more that Seattle can do to ensure that it's in the best position to have a team, answered "not that I'm aware of."

So it's this ^^^ versus Sacramento's bid as "certainly plausible". After saturday everything is still pointing at the Supersonics playing in the Arena next year.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 5:23 pm 
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Heard on the interview when someone asked if both cities could come out of this happy Stern said no, I don't think it's possible. Someone also asked if Bennett on the committee would be a problem and he said something to the effect that he was hoping others involved would let him take somewhat of a back seat and the ownership group could carry it.

Not really sure what that means other then Bennett hoping to not be the focal point somehow.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 5:28 pm 
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My guess is we'll have the rest of the season before we know for sure :-(

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 5:35 pm 
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The relocation committee in April is the big next step. I'm not sure if they become the Sonics at that point, but Callabro seems to think that's when we can throw the party.

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 Post subject: Re: NBA returning to Seattle?
 Post Posted: Mon Feb 18, 2013 6:17 pm 
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Doesn't sound too promising for Sacramento

http://t.co/kRc5EaFy

Quote:
With nearly $2 billion in long-term debt, the city can’t afford to borrow any more money. This is the message that the city treasurer will deliver to the Sacramento City Council at Tuesday’s meeting.

"The city's tapped out," said City Treasurer Russell Fehr, who will be presenting an hour-long report on the topic. "We have very large, long-term liabilities and we have to be very cautious about assuming any new ones. That's the essence of the message."


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