Seattle rumors/comments - post them here!
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"Sac Kings spokesman tells KCRA anchor that the team has not sold. Still working sources."
https://twitter.com/jakewhittenberg/status/289028334002774016
https://twitter.com/jakewhittenberg/status/289028334002774016
People saying that they don't know how the Maloofs could pull this off without a leak or something like it - I would agree, however, doesn't this kind of sound like a perfect 'Maloof type' leak?
An agents daughter tweeting about it. That's so Maloof. I think there is something to it. I'm willing to bet it's not a done deal, but this is the first straw.
An agents daughter tweeting about it. That's so Maloof. I think there is something to it. I'm willing to bet it's not a done deal, but this is the first straw.
I am not panicking about this. As has been said above, the NBA has to approve all sales. That's why Larry Ellison doesn't own the Warriors right now, since he had the highest bid. With an NBA-backed arena deal still on the table in Sacramento, if the Maloofs decide to sell the NBA will certainly give local buyers an opportunity to keep the team in Sac. If the Kings do stay, I'd expect a relatively quick announcement regarding an expansion team in Seattle. No info, just a hunch.
I've read a number of times that if and when the Maloofs are open to sell, Stern and the BOG will first give local investors here a chance to bid and keep the team. They can block the sale, or at least block it long enough to give local investors a chance to keep the team here. And KJ has also said there's multiple local investors lined up waiting for when the Maloofs come around to selling.
I guess that's the hope. If local investors then don't ante up enough, then we might have a serious problem. What I can't tell is if local investors would have to outbid Hansen, or if they'd have to come up with the equivalent of the sale price from an out of town investor, minus the relocation fee and moving expenses. Reports suggest to move the Kings to Sea would cost upwards of 750M in total, but a chunk of that is due to moving expenses, relocation fees and fees regarding the new arena in Sea. If a local investor here offers 450-500M, is that enough to keep the team? Hope it is.
I guess that's the hope. If local investors then don't ante up enough, then we might have a serious problem. What I can't tell is if local investors would have to outbid Hansen, or if they'd have to come up with the equivalent of the sale price from an out of town investor, minus the relocation fee and moving expenses. Reports suggest to move the Kings to Sea would cost upwards of 750M in total, but a chunk of that is due to moving expenses, relocation fees and fees regarding the new arena in Sea. If a local investor here offers 450-500M, is that enough to keep the team? Hope it is.
Well, it's not like we have a team anyway. It just so happens that there is a team that plays in Sacramento. It is owned by people who don't want to be here, don't have the money or interest to put a good product on the floor, owe our city a lot of money, made the city jump thru hoops to come up with an arena plan that they had no intention of agreeing to, hold our city and fans hostage under the threat of leaving and quite frankly couldn't give a damn about Sacramento or its fans.
We don't have a team. We just happen to HOST a team that is quite happy to take as much money as it can from the fans, even though they have made it very clear that they'd rather leave than stay here and will sabotage anything that would require them to commit to staying.
Just like a cheating girlfriend that takes your money but doesn't really care about you - you know it's time to move on. Some people just like to cling on to lost hope. Some know better, break their ties, and look forward to a better, happier relationship. This only happens with new ownership committed to staying in Sac. But a change has to happen - for better or worse.
We don't have a team. We just happen to HOST a team that is quite happy to take as much money as it can from the fans, even though they have made it very clear that they'd rather leave than stay here and will sabotage anything that would require them to commit to staying.
Just like a cheating girlfriend that takes your money but doesn't really care about you - you know it's time to move on. Some people just like to cling on to lost hope. Some know better, break their ties, and look forward to a better, happier relationship. This only happens with new ownership committed to staying in Sac. But a change has to happen - for better or worse.
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The denials sound just right... to confirm... that this is a true story. Strong denials from people who need to deny. A coy non-denial fro Hansen himself. I'll bet a dollar that the Maloofs and Hansen have shaken hands on this deal.
Dave Softy Mahler @Softykjr
Regarding Kings rumors: Just got a text from Chris Hansen: "I can't comment on those things. Patience my friend."
Retweeted by Crown Downtown
Dave Softy Mahler @Softykjr
Regarding Kings rumors: Just got a text from Chris Hansen: "I can't comment on those things. Patience my friend."
Retweeted by Crown Downtown
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a hundred million this way or that way is budget dust to a guy like Hansen. Owning an NBA team in Seattle... for him... priceless. If I were in his shoes I'd just shrug at "overpaying" - I'm sure in the big picture it is just nothing. Of course I'm way way ahead of myself it could be BS... but - I don't have that gut feeling that this one is BS. Not this time. Because it all "adds up" - passes the sniff test, rich guy in Seattle returns the NBA to a great fan base. The tears for Sac will be drowned out by the cheers for Seattle. No way the NBA blocks it.
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