Yeah, and he's been covering the NBA for decades. He even covers NBA finals series as a commentator for local channels here (Basketball TV / Solar). However, 250 million dollars seems pretty low.
However, this sounds pretty stupid:
They better not think that when this happens, they can just put filipino players on the team, or hire anyone in the NBA with Filipino blood to be part of the team, coaching staff, front office, etc. Its the SACRAMENTO KINGS, not the Sacramento Kings of the Filipinos. Filipinos (in general) have no sense of meritocracy (Just look at who our president is). If this goes down, the ownership group will just hire people just because they are Filipino. Filipinos also have a false sense of national pride. They latch on to the individual achievements of famous filipinos (Pacman, Charice, etc) and claim it as their own.
D-Leaguers can't even play in the NBA, and sometimes play in the Philippines as imports. What makes Mr. Henson think that PBA players can even play in the NBA?
*end of rant*