Truth & Rumors > NBA

NBA relocation committee against Kings to Seattle

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07:48 PM ET 04.29 | In an unexpected move, the NBA's relocation committee has recommended unanimously that the Kings stay in Sacramento, and the bid from the Seattle investment group be denied. Nothing is official until the Board of Governors votes, but it is a foregone conclusion that they will follow the recommendation by the committee. A few months ago, all hope seemed lost when the Maloofs agreed to sell the Kings to the Seattle investment group led by Chris Hansen that planned to relocate the team next season. However, mayor Kevin Johnson and the city of Sacramento fought back, finding investors and developing a plan to build a new arena. Sacramento's bid is led by Vivek Ranadive, who is also a minority owner of the Golden State Warriors. Chris Kelly, Mark Mastrov, and the Jacobs family of Qualcomm are also involved. The Maloofs will now be under tremendous pressure to sell the franchise to Ranadive's group.

Golden Gate Sports

Sacramento Kings, AP Photo/Steve Yeater Sacramento Kings, AP Photo/Steve Yeater
April 30, 2013  01:27 AM ET

No one cares....

Comment #2 has been removed
Comment #3 has been removed
Comment #4 has been removed
April 30, 2013  08:28 AM ET
QUOTE(#2):

Woah !!
Did Kevin Johnson bribe David Stern or something ?
This is a surprising turn of events.
The league had no problem with the Sonics moving to Oklahoma, but now they have an issue with a struggling team moving into Seattle ?
Interesting.

Absolutely did not see this coming...

Lord Stern will not be pleased.

Comment #6 has been removed
April 30, 2013  08:43 AM ET
QUOTE(#2):

Woah !! Did Kevin Johnson bribe David Stern or something ? This is a surprising turn of events.The league had no problem with the Sonics moving to Oklahoma, but now they have an issue with a struggling team moving into Seattle ? Interesting.

David Stern probably does not like the Seattle Market.

April 30, 2013  10:09 AM ET
QUOTE(#5):

Absolutely did not see this coming... Lord Stern will not be pleased.

"Lord Stern will not be pleased."?? He's the one who manipulated this situation and subsequently, the relocation committee's decision....he's ecstatic!

April 30, 2013  10:10 AM ET

"Lord Stern will not be pleased."?? He's the one who manipulated this situation and subsequently, the relocation committee's decision....he's ecstatic!

April 30, 2013  11:45 AM ET

Stern plays chess well. Use Seattle to extort the taxpayers of Sacramento to promise huge future subsidy to NBA ($334 million Sac tax dollars in tax breaks, parking, billboard real estate, hi-interest rate liability in 8 years.) Seattle has an obvious motivated and well funded-base who won't likely quit, so they;ll get their team in 2-3 years anyway, and league extorts again. Don't see why this was hard to see coming. Biz 101. Smile now pay later. And Sac will likely be held hostage again once they can't fill seats in a few years.

April 30, 2013  01:48 PM ET
QUOTE(#4):

Shutty.There's some big business going on here.Go back to the children's table if you can't handle adult conversation.

Whatever dude

April 30, 2013  08:16 PM ET
QUOTE(#1):

No one cares....

Apparently you do!!! LOL.

April 30, 2013  08:18 PM ET
QUOTE(#6):

No one cares

LMFAO, then if you don't care, please don't comment!!!! :-)

April 30, 2013  08:45 PM ET
QUOTE(#1):

No one cares....

Obviously the league does, as well as basketball fans in Sacramento and Seattle.

 
April 30, 2013  09:38 PM ET
QUOTE(#14):

Obviously the league does, as well as basketball fans in Sacramento and Seattle.

Good answer!!!

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