City council vote and latest news, rumors, etc.

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There you go again. Trying to be rational. I hope they have gone past that point that triggers the NBA to take over. Certainly the process in place will be allowed to run it's course by April 18 or so. After that, depending on the results and the Maloofs response to the results, the NBA might very well step in and put the Maloofs down and heal the pain of all of us fans. Let us hope.
I don't think NBA will need to step in and take over. I think the NBA will advise Hansen, Maloofs and Mastrov of what the likely outcome will be if it goes to vote, giving them a graceful way to bail out. I am quietly confident that the team will get sold to Mastrov/Burkle ownership group and Maloofs will oblige.

They are irrational at times, emotional, indecisive and certainly impulsive but they are also scared of Stern. When the commish eyes them off, they listen. Forget the failed arena deal because it was pretty obvious at the time that these guys simply did not have the cash to come to the party so they did what they think was right, back out and keep the team that has the "moveability" factor which drives us the price of the franchise. They certainly achieved that, and whether they sell to Hansen or Mastrov, they will get a lot more money than they would have 12 months ago and certainly more than if they were tied up with the Arena deal in Sacramento.

Maloofs want their money and quite frankly, they don't care where they get it from. Millions from Hansen or millions from Mastrov really have the same monetary net value at the end of the day! I honestly don't think this will get ugly. I think it will be a pretty smooth transaction from now on. It could have gotten extremely ugly if the Maloofs kept refusing to sell the team and kept running it into the ground.

When they backed out of the arena deal I said at the time the Kings will have a new ownership group within 2 years and will remain in Sacramento. I am still confident that this will be the case, except the ownership will change hands sooner than I thought. I expected the Maloofs to hold on for longer and go down swinging and screaming. Its much smoother than I thought it would be. If the Kings move to Seattle it would be unprecedented move because they would be moving under the circumstances where it makes no sense to move. Strong fan support, strong sponsorship support, strong political support with major public money committed to the new arena and an ownership group that is capable of running the team successfully in such market where the Kings are the only team in town.

Sacramento still have everything going for it and its not long ago that Stern called it a model small market franchise. With the right ownership group, Sacramento can be what San Antonio has been for over a decade now. NBA knows this and KJ and the Mastrov/Burkle group know this. NBA will not back stab Sacramento to get back into Seattle. Stern knows that Seattle will continue to be there for years to come and they will eventually get a team. If the Kings leave Sacramento, there will be no NBA in Sacramento in our lifetimes. I don't think Stern wants to end his tenure on those terms. He has always been a strong supporter of Sacramento, especially since KJ has been a mayor. This is NBA's own son that is running the show, scrapping and fighting to keep his team in his home town. That carries more weight with the NBA than the billions of dollars in Seattle especially when Sacramento's proposed ownership group is not too shabby itself. Stern has long been an admirer of Burkle and as far as he is concerned, what better way to go than keeping the Kings in Sacramento with a new arena with public/private funding and one of the smoothest and most respected operators in the business industry in Burkle.

Once this is done, I can see Stern sitting in his office, putting the feet up on his desk, getting out a cigar and sipping on some French cognac on ice telling himself "This has been a GOOD day!" ;)
 
Any truth to the Seattle media saying the Mastrov offer is extremely low?
CD made one of his joking tweets, stating that the Mastrov offer was extremely low to the tune of something like $19.75. Shortly thereafter Seattle_Arena (something like that) tweeted that the Mastrov offer was extremely low. I wouldn't be surprised if the rumor of the offer being extremely low and those tweets might be related.
 
Is anyone worried that all of the owners don't have all the facts and that all they'll see is that the Maloofs were trying to sell and that Seattle gave them the first offer and base their vote off of that?

I wish there was a way that KJ could speak to each owner individually and advise them what has been going on with the Maloofs over the past 5-7 years up until today. I know KJ will do his best to convince them but I just think there are a few owners that will vote yes soley based on giving Seattle back a team, and not take into account how slimy the Maloofs have been to the city of Sacramento.

If someone can post all the emails of the owners here that would be awesome. I wanted to make sure that we all get emails into them before times up.
 
I know I don't know all the behind the scenes details going on between the Maloofs and the NBA, therefore, I know I can't know for sure what forces are moving the Maloofs in regards to the NBA.

However, I do know that the Maloofs owe the NBA approx 100 meeeelllion dollars.

But I don't know how that loan was structured, and if it can be called in at any time by the NBA to force the Maloofs into what the NBA wants.

I don't know if that 100 meeeeelllion dollars needs to be paid off before a sale can happen, or, if the lien created by that loan gives the NBA more power to choose new owners.

I do know that you can't just steal a team and move it cause you're willing to pay more that some other douche.

I have a hunch that M/B would not be messing around with this if they were not essentially informed what kind of bid they needed to submit, and, therefore, perhaps even guaranteed that they would become the new owners (given arena deal comes together).

I also have a hunch that the NBA, and Stern were very clear with M/B and KJ about what needed to get done in order for the team to stay and transfer ownership, just as they were clear about what needed to be done to block the move to Anaheim.

I have a hunch that those at the high levels of this thing are being very clear with each other, and are NOT telling any media people.

This is the information I'm personally working with. Therefore, I am 100% certain the Kings will stay, and M/B will become the new owners.
Im really good at reading between the lines Hammer. I'll sleep well tonight. Thanks!
 
Is anyone worried that all of the owners don't have all the facts and that all they'll see is that the Maloofs were trying to sell and that Seattle gave them the first offer and base their vote off of that?

I wish there was a way that KJ could speak to each owner individually and advise them what has been going on with the Maloofs over the past 5-7 years up until today. I know KJ will do his best to convince them but I just think there are a few owners that will vote yes soley based on giving Seattle back a team, and not take into account how slimy the Maloofs have been to the city of Sacramento.

If someone can post all the emails of the owners here that would be awesome. I wanted to make sure that we all get emails into them before times up.
I'm gonna go out on a limb here and say there was probably a cover letter with the proposal. I wouldn't worry too much.
 
Is anyone worried that all of the owners don't have all the facts and that all they'll see is that the Maloofs were trying to sell and that Seattle gave them the first offer and base their vote off of that?

I wish there was a way that KJ could speak to each owner individually and advise them what has been going on with the Maloofs over the past 5-7 years up until today. I know KJ will do his best to convince them but I just think there are a few owners that will vote yes soley based on giving Seattle back a team, and not take into account how slimy the Maloofs have been to the city of Sacramento.

If someone can post all the emails of the owners here that would be awesome. I wanted to make sure that we all get emails into them before times up.

No. If there is one crowd that hates the Maloofs more than Sacramento (besides Anaheim, LV, VB, etc), it's the NBA headquarters and BOG. Remember, they have seen these bozos at work up close and personal. Many of them have more dirt on the bags then even we do. They saw the paper trail of Maloof misdeeds post Anaheim. They were present went the term sheet was negotiated in good faith and then ripped apart in a bizarre press conference last April. Key leaders in the BOG know these jack holes routine like nobody else. They know the Maloofs back doored us by selling to Hansen.
 

Glenn

Hall of Famer
Just to add about the opinion of the jackholes which I must admit is a very nice term given the family friendly nature of this forum. Many of the BOG know a little bit about the details but not enough to make an informed decision. They all have their biases about what they think is important such as some may be very concerned about the NBA's reputation and some may not care at all. I know I said it before but they will rely a huge amount on what Stern and Bennett's committee says and what will be said is not flattering to the Maloofs. Stern has led the BOG and the players to riches in the past 30 years in a way that is unimaginable so Stern's views will be listened to except perhaps by a few of the BOG who are friends of the Maloofs. Hey, it's possible. They may have friends.

Now, it would not hurt one bit at all if we had their email addresses and even sent a card of appreciation or whatever such a card might be called. You never know what might turn a vote to our direction. Simply writing to the team office with something memorable might make a difference. It can't be difficult to find the email addresses. I hope.
 
They have no friends, and any close acquaintances have to be aware by now that the Maloofs were too incompetent to deal with. I mean, didn't the NBA have to send over sales reps because the Maloofs couldn't do anything right? The Maloofs gave been disingenuous for years and continued to leach of the city and NBA.
 
Is anyone worried that all of the owners don't have all the facts and that all they'll see is that the Maloofs were trying to sell and that Seattle gave them the first offer and base their vote off of that?

I wish there was a way that KJ could speak to each owner individually and advise them what has been going on with the Maloofs over the past 5-7 years up until today. I know KJ will do his best to convince them but I just think there are a few owners that will vote yes soley based on giving Seattle back a team, and not take into account how slimy the Maloofs have been to the city of Sacramento.

If someone can post all the emails of the owners here that would be awesome. I wanted to make sure that we all get emails into them before times up.
KJ has been speaking to the owners at the all-star game and came out of these talks encouraged. seems a safe bet that he makes sure all owners are well informed on everything Kings related.
 
Is anyone worried that all of the owners don't have all the facts and that all they'll see is that the Maloofs were trying to sell and that Seattle gave them the first offer and base their vote off of that?

I wish there was a way that KJ could speak to each owner individually and advise them what has been going on with the Maloofs over the past 5-7 years up until today. I know KJ will do his best to convince them but I just think there are a few owners that will vote yes soley based on giving Seattle back a team, and not take into account how slimy the Maloofs have been to the city of Sacramento.

If someone can post all the emails of the owners here that would be awesome. I wanted to make sure that we all get emails into them before times up.
I wouldn't be too worried about that.

We're talking about guys who own things that are worth several hundred million dollars, and there's a club of 30 of them. They share revenue, and are tied together legally. There's no way that there's any owner left who doesn't have an informed opinion on the Maloofs. They've been seeing these guys 1-2 times a year for 10-12 years. They know each other.

It's not just a vauge "NBA" that doesn't want to set the precedent of screwing a city that has put up 250M in cash to help pay for a new arena... it's the owners!

It's the owners themselves, all of them high level business people and likely experts in negotiating. Just soooo weakens your position when it comes time to build yourself a new arena and you need an equity partner in the local govt.

Keep in mind all of the people who are voting on this were in the room when the first Burkle bomb was dropped amidst the Anaheim hullaballoo two years ago. All these people were around for that.

They were also all physically present (ok, a few blocks away) for that mind blowing George Maloof press conference.
 
Any truth to the Seattle media saying the Mastrov offer is extremely low?
The Media and a lot of people are missing the formula that the NBA, Hansen, and Mastrov are using. The formula and understanding it are very key to how much the market valuation of the team is, which is what the owners really care about.

If we look back at the NO Pelicans sale to the NBA, the Hornets had a lot of debt which is one of the reasons why they were sold from Shinn to the NBA. Forbes says the Hornets owed the NBA 100m dollars in debt but Shinn gave the NBA 70m, which left them with 30m in debt. Forbes says that the NBA purchase the Hornets for an ENTERPRISE VALUE of 310m and hoping the team could be sold for 280m. You might be wondering why I put enterprise value in bold. Well lets google enterprise value. When googling enterprise value we get the following information on the formula for it.

Enterprise Value = market value of equity (Team) + DEBT + preferred stock + minority interest – cash (Kings team has in bank)


Now looking at this formula we can see how the NBA came up with the hope of selling the team for 280m since if we use the formula above

310m = 280m(MVE) + 30m(Debt)


This is what the media and social media are missing. They are looking at 525m and thinking that it is the TRUE Market Value of the Kings team which it cannot be since the team owes money to the NBA and Sacramento. So lets look at this rumor of Mastrovs bid being lower by using the Enterprise value formula that the NBA used for the Hornets sale

Hansens BID:

525m (EV) = 309m (MVE) + 216m (Debt) - cash(This is a non-factor in both bids)
The above 216m is assuming 140m debt to nba and 76m to Sacramento

Mastrov/Burkle BID:

450m (EV) = 310m (MVE) + 140m (Debt) - cash(This is a non-factor in both bids)
The above 140m is assuming the debt to NBA

As we can see above, Both bids are pretty much the same since the owners of the NBA teams willl ONLY look at the MVE of the team and not the whole EV of the team since the debt doesn't help them at all.
 
Hansens BID:

525m (EV) = 309m (MVE) + 216m (Debt) - cash(This is a non-factor in both bids)
The above 216m is assuming 140m debt to nba and 76m to Sacramento

Mastrov/Burkle BID:

450m (EV) = 310m (MVE) + 140m (Debt) - cash(This is a non-factor in both bids)
The above 140m is assuming the debt to NBA

As we can see above, Both bids are pretty much the same since the owners of the NBA teams willl ONLY look at the MVE of the team and not the whole EV of the team since the debt doesn't help them at all.
The loan to the city doesn't go away with the Mastrov purchase... So accoring to your numbers Mastrov would really be bidding $517 (310m MVE + 140M NBA debt + 67M city loan, which he would assume so there's no prepayment penalty). Also, he doesn't really need to bid the full amount, he could just put up a bid for $201.5M to buy the Maloof's 65% (using the $310M MVE), and assume all the other debt. So he could be coming up with a MUCH lower offer than the $525M and still put as much $$$ in the Clowns' pockets.

But this is all speculation - we'll know once all the REAL numbers come up.
 
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The loan to the city doesn't go away with the Mastrov purchase... So accoring to your numbers Mastrov would really be bidding $517 (310m MVE + 140M NBA debt + 67M city loan, which he would assume so there's no prepayment penalty).
Mastrov wouldn't have to fork over 76m right away like Hansen would. I am assuming that's why Hansens bid is ~75m higher as rumored to be. This is just my guess.
 
Mastrov wouldn't have to fork over 76m right away like Hansen would. I am assuming that's why Hansens bid is ~75m higher as rumored to be. This is just my guess.
But technically it is part of the cost, as he would be assuming the debt. Hansen doesn't have to fork over $140M to pay the debt to the NBA. But that number is included in the team's valuation. So is the $76M to the city. The city loan also needs to be included in the valuation for the Mastrov bid. Even if he is assuming the loan. So the only difference between the two is really the prepayment penalty associated with the city loan.
 
But technically it is part of the cost, as he would be assuming the debt. Hansen doesn't have to fork over $140M to pay the debt to the NBA. But that number is included in the team's valuation. So is the $76M to the city. The city loan also needs to be included in the valuation for the Mastrov bid. Even if he is assuming the loan. So the only difference between the two is really the prepayment penalty associated with the city loan.
In general terms I think you are right but Hansens has to fork over the 76m at the time the sale goes through which Mastrov doesn't. That payment has to be accounted for in the sale where it doesn't with Mastrov since he is taking over the loan, like the maloofs did from previous owner.
 
The real question is how does the BOG views the debt? I may be wrong but the way I understand the loans are structured is that the NBA would be paid off first, then Sacramento. (I would have to dig but I believe I read it here when the NBA was offering league loans.) Is this done prior to changing hands or through an escrow? When is the NBA loan called in and can it be assumed?

So many questions.
 
The real question is how does the BOG views the debt? I may be wrong but the way I understand the loans are structured is that the NBA would be paid off first, then Sacramento. (I would have to dig but I believe I read it here when the NBA was offering league loans.) Is this done prior to changing hands or through an escrow? When is the NBA loan called in and can it be assumed?

So many questions.
Your leaving out the rumored $30 million relo fee that was added to the Hansen bid that made up the $525. This fee would be a debt to the NBA. That relo fee is now being reported at $75 million which is $45 million off the bid !

All that matters is how much do the Maloofs get from Hansen vs Mastrov/Burkle. If the number is close the rest really doesn't matter as it's all accounting numbers.
 
Advantage Mastrov / Burkle and Sacramento no doubt.

I as others have mentioned want to believe their will be a maloof goof on all of their loan contracts that will swerve our favor even more. I am not a vindictive guy, I just like justice.

It's all about the tangled (wicked) web they weaved.
 

VF21

Super Moderator Emeritus
SME
I think people need to let go of the notion that the Maloofs might try to hang on to the team if relocation is denied. Quite frankly I think they are emotionally detached from the team at this point. In their mind they are selling and the primary (and probably sole) motivation is money, not spite. As long as they get the same amount of money either way I can't see them caring. The Thomas Robinson trade was simply about cushioning the financial loss they are apparently going to suffer this season. As much as Joe and Gavin may truly want to keep the Kings they clearly signed off on selling and have made their peace with it. If the BOG says no to Seattle then they'll grab the Sacramento deal and exit stage left, no doubt in my mind.

Besides, in the absolutely unlikely scenario that they don't want to sell to Mastrov/Burkle if the Hansen/Ballmer deal is rejected the NBA would simply step in. This circus has gone on long enough. The endgame would be the "best interest of the league" clause and the fact that Maloofs signed an agreement for a certain amount of money. If need be the NBA ponies up that money itself and sends George and company on their way.

But believe me, that's never going to happen. As much as we might all hate the Maloofs now, they simply want to sell their team at this point and they will, to one group or the other.
Exactly. Stern is not going to put up with the Brothers Maloof any longer.
 
On the Sonics Rising board people are talking about the team as if they are fans. I hope they stay fans after the team stays in Sacramento :)

It will be nice to have Sacramento Kings fans all the way up to the Canadian border.

Sadly though, they are not getting the Kings. They just don't understand that yet.

1. The BOG has already said they do not like to move teams, but they will move a team IF
a) There is ongoing issues getting an arena (which Sacramento will already have an arena deal in place and has already been signed off by the NBA)
b) There is no fan support (We don't even need to talk about Sacramento and Kings support do we?)

We have been through this all before with the potential move to Anaheim, and to a lesser extent Las Vegas and Virginia Beach. We are the victims of a-hole owners who tried to do everything to sabotage the team in order to get approved for a move.

Bottom line is that the Kings aren't going to move. There is NO reason to move the team to Seattle when we have an arena ready to be built, and fan support. Sonic fans will say "Well they sold the team to Ballchinboy wahhhhhh and he can do what he wants".... Uhhh.. WRONG! Don't you think if this was the case that teams would be moving all over the place whenever they were sold? Sorry, doesn't happen.

Look at the Warriors for example..
Remember Ellison got all pissy because he bid more than Guber and that he wanted to move the team to San Jose after he bought the Warriors? What happened there? Oh yah, The NBA approved the sale to Guber and the Warriors are in Oakland.


Anyway, bunch of random thoughts for the night after reading up on Sonics Rising. It's funny how confident they are. They are about to fall big time and they don't even realize it. Idiots.
 

Warhawk

Give blood and save a life!
Staff member
On the Sonics Rising board people are talking about the team as if they are fans. I hope they stay fans after the team stays in Sacramento :)

It will be nice to have Sacramento Kings fans all the way up to the Canadian border.

Sadly though, they are not getting the Kings. They just don't understand that yet.
Gary, I'm loving this new attitude of yours. Awesome.
 
Gary, I'm loving this new attitude of yours. Awesome.
It's probably because I am staying away from the Kings player boards and game boards while this is going on. I still watch the games, but until this is resolved I am done ragging on players.

My old self will be back after April 18th or whenever the vote is :)

I actually think we will get to talk about different options instead of only dreaming about them like we are with out penniless owners. So that should lighten things up a bit.
 
On the Sonics Rising board people are talking about the team as if they are fans. I hope they stay fans after the team stays in Sacramento :)

It will be nice to have Sacramento Kings fans all the way up to the Canadian border.

Sadly though, they are not getting the Kings. They just don't understand that yet.

1. The BOG has already said they do not like to move teams, but they will move a team IF
a) There is ongoing issues getting an arena (which Sacramento will already have an arena deal in place and has already been signed off by the NBA)
b) There is no fan support (We don't even need to talk about Sacramento and Kings support do we?)

We have been through this all before with the potential move to Anaheim, and to a lesser extent Las Vegas and Virginia Beach. We are the victims of a-hole owners who tried to do everything to sabotage the team in order to get approved for a move.

Bottom line is that the Kings aren't going to move. There is NO reason to move the team to Seattle when we have an arena ready to be built, and fan support. Sonic fans will say "Well they sold the team to Ballchinboy wahhhhhh and he can do what he wants".... Uhhh.. WRONG! Don't you think if this was the case that teams would be moving all over the place whenever they were sold? Sorry, doesn't happen.

Look at the Warriors for example..
Remember Ellison got all pissy because he bid more than Guber and that he wanted to move the team to San Jose after he bought the Warriors? What happened there? Oh yah, The NBA approved the sale to Guber and the Warriors are in Oakland.


Anyway, bunch of random thoughts for the night after reading up on Sonics Rising. It's funny how confident they are. They are about to fall big time and they don't even realize it. Idiots.
When the morning guy on the sports station up there makes inane statements about how pathetically low Sacramento's bid is, and how the league would never approve such a disastrous attempt, the gullible Sonics fans take notice. Any level of thought would make one realize that KJ and Stern have been in constant talks for the past 2 months (as well as Burkle meeting with Stern), and Stern MUST have mentioned to him many many times what he would need to bid to be competitive. Do they think that Stern didn't suggest the WNBA part of the plan himself? Those wacky Seattlites. They think that a Morning DJ Windbag knows more about that a smart bid for the team is than Mastrov/Burkle do.
 

Glenn

Hall of Famer
PR effort

This is certainly interesting especially in conjunction with the interview of Vlade posted elsewhere. The Bee is splattered with Kings related articles today.

Mitch Richmond, a retired Sacramento Kings legend, walked into a midtown bar Thursday to greet a few dozen fans and sign autographs. His goal: to rally fans in the ongoing effort to keep the Kings in Sacramento.

It was a carefully choreographed event, with Richmond escorted into a packed Firestone Public House by two members of the task force leading Mayor Kevin Johnson's public campaign to hold on to the team. Many of the people waiting to meet Richmond were part of Crown Downtown, an organized fan group that has taken to attending City Council meetings and holding rallies at City Hall.​

Read more here and follow the links to More Information.

I am sure it was mentioned before but it takes a 3/4 approval of the BOG to sell a team and simply a majority to move a team. That means to block the sale to Hansen/Ballmer, the Kings need 8 votes. As four NBA owners also are involved in hockey, they already know and respect Burkle. My mind tends to get a bit busy when presented with info like this as the possibilities begin to seem endless.

We have at a minimum 3 NBA stars who owe their career to their time in Sacramento and they are Mitch Richmond, Vlade Divac, and Chris Webber. I leave out Bobby J, Jim Les, etc. only because the three's numbers have been retired and are hanging from the arena. These three guys will have no jersey hanging in any arena if the Kings are sold. Most certainly, Vlade and Chris are in a unique position to tout the team staying in Sacramento. I do not know how the presentation to the BOG works but wouldn't it be interesting if KJ were flanked by Chris and Vlade? I'll leave it at that.

The PR effort is a big time move and even though Seattle supposedly is doing the same thing, they do not have the long time experience of trying to lobby someone, anyone on the idea the Kings stay in Sacramento.

It is interesting to note that Mitch wants a FO job with the Kings. Seems like the great ones are voicing their support if not wanting to come home to roost. That has a huge PR impact. It has to.

Isn't it fun to be part of something unique like being known as a Sacramento Kings fan?
 
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Kingster

Hall of Famer
This is certainly interesting especially in conjunction with the interview of Vlade posted elsewhere. The Bee is splattered with Kings related articles today.
Mitch Richmond, a retired Sacramento Kings legend, walked into a midtown bar Thursday to greet a few dozen fans and sign autographs. His goal: to rally fans in the ongoing effort to keep the Kings in Sacramento.

It was a carefully choreographed event, with Richmond escorted into a packed Firestone Public House by two members of the task force leading Mayor Kevin Johnson's public campaign to hold on to the team. Many of the people waiting to meet Richmond were part of Crown Downtown, an organized fan group that has taken to attending City Council meetings and holding rallies at City Hall.​

Read more here: http://www.sacbee.com/2013/03/08/5245999/pr-effort-to-save-kings-ratchets.html#storylink=cpy

I am sure it was mentioned before but it takes a 3/4 approval of the BOG to sell a team and simply a majority to move a team. That means to block the sale to Hansen/Ballmer, the Kings need 8 votes. As four NBA owners also are involved in hockey, they already know and respect Burkle. My mind tends to get a bit busy when presented with info like this as the possibilities begin to seem endless.

We have at a minimum 3 NBA stars who owe their career to their time in Sacramento and they are Mitch Richmond, Vlade Divac, and Chris Webber. I leave out Bobby J, Jim Les, etc. only because the three's numbers have been retired and are hanging from the arena. These three guys will have no jersey hanging in any arena if the Kings are sold. Most certainly, Vlade and Chris are in a unique position to tout the team staying in Sacramento. I do not know how the presentation to the BOG works but wouldn't it be interesting if KJ were flanked by Chris and Vlade? I'll leave it at that.

The PR effort is a big time move and even though Seattle supposedly is doing the same thing, they do not have the long time experience of trying to lobby someone, anyone on the idea the Kings stay in Sacramento.

It is interesting to note that Mitch wants a FO job with the Kings. Seems like the great ones are voicing their support if not wanting to come home to roost. That has a huge PR impact. It has to.

Isn't it fun to be part of something unique like being known as a Sacramento Kings fan?
I hope you are right. I was a little greedy/unhappy with the Richmond involvement. I kept thinking, if Richmond was involved financially why not Vlade and Webber? Maybe their business interests don't allow for that type of financial investment (conflict of interest), but it sure would be nice if they were at the BOG to support the effort. And I'd like to see others like Peja and Christie there as well. The more the better. It should be like a freaking Kings reunion at the BOG.
 

Tetsujin

The Game Thread Dude
I hope you are right. I was a little greedy/unhappy with the Richmond involvement. I kept thinking, if Richmond was involved financially why not Vlade and Webber? Maybe their business interests don't allow for that type of financial investment (conflict of interest), but it sure would be nice if they were at the BOG to support the effort. And I'd like to see others like Peja and Christie there as well. The more the better. It should be like a freaking Kings reunion at the BOG.
To be fair, Vlade's word is worth much more than his money. We're talking about one of the most respected men in world sports.
 
I hope you are right. I was a little greedy/unhappy with the Richmond involvement. I kept thinking, if Richmond was involved financially why not Vlade and Webber? Maybe their business interests don't allow for that type of financial investment (conflict of interest), but it sure would be nice if they were at the BOG to support the effort. And I'd like to see others like Peja and Christie there as well. The more the better. It should be like a freaking Kings reunion at the BOG.

I have no idea, but does chipping in financially preclude them from being employed elsewhere in the nba as far as coaching, front office etc.
 
I have no idea, but does chipping in financially preclude them from being employed elsewhere in the nba as far as coaching, front office etc.
Yah I was wondering if that would be a conflict of interest especially with Webber and TNT/TBS. Doesn't Vlade represent the NBA as well in some capacity overseas? I have a feeling that's the reasoning they are not donating money but lending their support.
 
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