Truth & Rumors > NBA

Kings on track to be sold to Seattle

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09:05 PM ET 01.09 | The Sacramento Kings appear to be on the move to Seattle. The Maloof brothers are close to finalizing a deal that will sell the team to Chris Hansen, a Seattle investor, for $500 million. The franchise would play in the old Key Arena for two years beginning in 2013-14, then move into a new arena after that. The deal is not done, but one source told Yahoo! Sports that the deal was at the "first and goal on the 1" stage.

Yahoo! Sports

, Kelley L Cox-USA TODAY Sports Kelley L Cox-USA TODAY Sports
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January 10, 2013  08:32 AM ET
QUOTE(#3):

Once this deal goes through, and the Sonics are resurrected, the net result is that the Kings essentially moved to Oklahoma to become the Thunder.

Sorry to inform you of this, but the Thunder did not buy rights to the Supersonics name...so technically, the Thunder is it's own entity. The Kings moving to Seatle may be the same sort of deal.

January 10, 2013  10:58 AM ET
QUOTE(#4):

If the league really wanted to restore integrity, then after this deal goes through, they should demand that Oklahoma and Seattle swap rosters. After all, Seattle is officially licensed to have a franchise again, and Oklahoma kidnapped what was Seattle's roster. Kevin Durant was chosen with the Sonics' first-round pick.

Cleveland would have liked this logic for the Browns/Ravens. Oh well.

 
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