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04:51 PM ET 01.11 | Is the Sacramento Kings' sale to a Seattle-based ownership group finally a done deal? A report by CSN Bay Area indicates that the Maloofs have a handshake deal with Chris Hansen's group to sell the team for $525 million. As part of the deal, the Maloofs would have no say in the new franchise, according to the report. However, we all know that the Maloofs have a history of going back on handshake arrangements.

Kelley L Cox-USA TODAY Sports

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January 11, 2013 06:02 PM ET

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This will end up being a huge bidding war and a Local bidder will buy the team, build a new arena and rob seattle of any hope of seeing a team return for next season

Marcus Pearl

Long Island, NY

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January 12, 2013 10:41 AM ET

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Are The Cow Bells Ringing, Bros?

I Love LA

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January 12, 2013 03:55 PM ET

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QUOTE(#1):

Originally posted 06:02 PM ET 01.11 by Marcus Pearl

This will end up being a huge bidding war and a Local bidder will buy the team, build a new arena and rob seattle of any hope of seeing a team return for next season

**** that ****

Let's go Sonics