Interesting note from the KJ press conference
At least this bit:
When a reporter asked KJ if the other investors were going to make up the difference, he did not say yes. He said the owners are committed and that they were aware this might be an issue, which implies that things will be fine, but he never comes out and states an unequivocal yes. Might mean nothing, might mean something when it comes from a politician whose job is to parse words.
Maybe it’s not an issue, but I am skeptical that you can take out the biggest investor in the group and have people ready to pony up a huge amount of cash.
So there was no confirmation that the Sac group would match, and the answer was just as political and dodgy about whether or not the amount Burkle was going to contribute is being completely replaced by the other investors.
http://www.king5.com/news/Sacramentos-w ... 55251.html
“A high level NBA league source says Burkle “wasn’t all that fired up about this deal.”"
Even more interesting?
“NBA Commissioner David Stern said last week, when prompted about whether the Sacramento offer needed to be improved, “That’s not one of the issues we’re currently researching for the Owners.””
Uh what? I kept seeing that quote as simply “That’s not one of the issues,” but that additional bit sure feels like it changes the connotation. Basically going from “it’s not an issue” to “it’s not an issue we are looking into any further”, which would fit the idea thrown out there that the Sac offer is in, it is what it is, and the NBA is moving on, not that the NBA is necessarily fine with the Sac offer or that the Sac group has matched give or take $30m.