Truth & Rumors > NBA

Kings to sell seven percent stake in franchise

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10:59 AM ET 10.26 | The NBA is reportedly pressuring the Sacramento Kings embattled owners to sell the team. It's doubtful, however, if putting seven percent of the franchise on the auction block will satisfy David Stern considering that share is coming from an existing minority shareholder who went bust. The Sacramento Bee explains: "The share held by bankrupt Sacramento developer Bob Cook is expected to be sold off, with the proceeds to be split among Cook's creditors." At the end of the day, this is just another small drip in the torture endured by Kings fans.

Sacramento Bee

, Kelley L Cox-US PRESSWIRE Kelley L Cox-US PRESSWIRE
Comment #1 has been removed
October 26, 2012  11:09 AM ET

The last thing David Stern will do as Commisioner it's to buy that franshice and sell it to a group that really wants to win and show commitment. Mark my words this will happen.

Comment #3 has been removed
October 26, 2012  11:33 AM ET

Please let the KINGS move to SEATTLE basketball GODS! <crosses heart>

October 26, 2012  12:09 PM ET
QUOTE(#4):

Please let the KINGS move to SEATTLE basketball GODS! <crosses heart>

As a Seattle fan, keep em. We don't want the NBA here again. Most people here could really care less, after that crap Stern and Bennett pulled to take away the Sonics. Especially after seeing them in the Finals last year. Eff off Stern.

October 26, 2012  12:18 PM ET
QUOTE(#5):

As a Seattle fan, keep em. We don't want the NBA here again. Most people here could really care less, after that crap Stern and Bennett pulled to take away the Sonics. Especially after seeing them in the Finals last year. Eff off Stern.

You make it sound like you were jilted at the altar it's okay you might learn to love again



SONICS

October 26, 2012  12:22 PM ET
QUOTE(#6):

You make it sound like you were jilted at the altar it's okay you might learn to love againSONICS

Jilted at the altar, yet smart enough to not allow the same woman back into our lives

October 26, 2012  02:10 PM ET

Hey who knows, the Kings have too many good prospects to be terrible forever... If this new ownership group knows what it's doing the Seattle Kings could be a contender before too long. Imagine how epic a Seattle-OKC playoff matchup would be.

October 26, 2012  03:05 PM ET

7% is worth $100?

October 26, 2012  05:56 PM ET
QUOTE(#3):

commitment to who?

To the city of Sacramento

 
October 27, 2012  11:02 AM ET

Sacramento Should Not Be The Capital Of California, Bros.

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