Truth & Rumors > NBA
David Stern: Sacramento group must increase Kings bid
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09:15 AM ET 03.09 | Last week, a triumphant Sacramento Mayor Kevin Johnson announced a potential Kings purchase group had submitted a fair and competitive offer to keep the team in town. Friday night, NBA Commissioner David Stern said no, not quite. Speaking to the news media before a Golden State Warriors game in Oakland, the commissioner delivered a bombshell, saying a Sacramento group's counteroffer to buy the team does not measure up in dollars to a tentative deal the Kings recently signed with a group that hopes to move the team to Seattle. "The counter bid has got very strong financial people behind it, but it is not quite there in comparison to the Seattle bid," Stern said. "There is a substantial variance." The commissioner declined to say how far short the Sacramento bid fell of the reported $341 million Seattle offer for a 65 percent share of the team.
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Irina Shayk
Adaora


Comments (10) Add A Comment
Just Go To Seattle, Bros.
I Love LA
Total Comments (5564)
if the team was even mediocre, I could see why this would be a relevant story. But they are not, so until pen goes to paper- NO MORE STORIES ABOUT THIS
jgb
Total Comments (30232)
Read the tea leaves, KJ.
The NBA doesn't want you anymore.
Otis B. Driftwood
Total Comments (30541)
Fixed
Onion
Total Comments (2466)
Pretty much.
Otis B. Driftwood
Total Comments (30541)
Again there gone and the only way KJ will get a new team in Sacto is when he takes over as the commish when stern steps down, again KJ the perosn in charge of he relocation committee is the same guy who sold out Seattle in the first place Clay Bennett, had the refs not fixed the western confernce finals game 6, you might have a chance but they are DOA in Sacto once the final regular season game is played
Bball
Farmington , NM
Total Comments (78)
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