And the countdown begins and other news, rumors, etc.
- Thread starter VF21
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Think about this... If the Sacramento group "matched" the Seattle offer by offering the Clowns $312M (which is $1M more, by the way), for their 65% of the team, AND separately reimbursing Hansen for his "lost" $30M, then this means that the Sacramento "valuation" is at $480M.
This could be what's causing all this "discrepancy". But, in effect, the Clowns get the same amount of money ($1M more), and Hansen is made whole. Thus, Sacramento's offer at a $480M valuation is better than Hansen's offer at $525M.
So don't believe the hype. These guys know what they're doing.
This could be what's causing all this "discrepancy". But, in effect, the Clowns get the same amount of money ($1M more), and Hansen is made whole. Thus, Sacramento's offer at a $480M valuation is better than Hansen's offer at $525M.
So don't believe the hype. These guys know what they're doing.
This is exacly why you should be more calm right now. That because so much is at stake, and because so many powerful and wealthy people are involved, is why they wouldn't "dick the NBA around" as you stated previously. Think about it man. There's way more you don't know than what you do know, so it makes no sense to get all worked up. In any case I do think you could use a drink.
We don't know the facts, they could have been "not comparable" for any number of reasons. At the time they didn't know the exact terms of the offer so there was a lot of speculation on whether the Clowns or Hansen would pay off the city loan, what would happen with NBA debt, etc.... Since then, they were able to see the actual terms of the Hansen offer, adjusted their offer and Stern declared money was not an issue any longer.
I suspect expansion came back on the table because there are two credible ownership groups who also can build nice arena. Whatta deal, get rid of one piece of crap and get two glossy objects. Bad owners are not good for the NBA and two new probably good owners may be too good to pass up. The dilution of the talent pool is being trumped by credible owners in the 12th and 20th largest media markets.
I won't trust any expansion talks without any legit sources.
Plus I really think the BOG wants to rid themselves of Maloofs. If they give Seattle an expansion team then the Maloofs can tell Sacramento to **** off and they just hold on to the team and continue to run it into the ground. They may rather go broke doing nothing with the team and forcing the league to contract than to sell off at a reduced bid (which would happen is Seattle gets an expansion).
Plus I really think the BOG wants to rid themselves of Maloofs. If they give Seattle an expansion team then the Maloofs can tell Sacramento to **** off and they just hold on to the team and continue to run it into the ground. They may rather go broke doing nothing with the team and forcing the league to contract than to sell off at a reduced bid (which would happen is Seattle gets an expansion).
Let me ask you something... I see you say you go to this sonic rising site. Obviously, They are going to be biased up there. They want a team! we all know the reasons why. Now we have 4 situations at hand..
1) Sacramento keep team, Seattle gets nothing
2) Kings stay in Sacramento, Seattle gets expansion
3) Kings go to Seattle, Sacramento gets nothing
4) Sacramento keeps Kings, Seattle gets expansion
These are the only options right now. KJR Seattle says source told them that Kings will leave to Seattle and Sacramento will get expansion team to get maloofs control out of the NBA. I was saying this for the longest but no mind. The point is everything we are hearing is hearsay. Nobody really knows until Friday when someone will leak what the recommendation the NBA will do. There is no way that the NBA is going to turn down Sacramento bid. So let me tell you expansion is not off the table is what I heard and you will hear from the NBA today that it is so. So just dont give up hope bro. either way we keep the Kings we have or we make a new Kings with our history and logo and have an ownership that will put money into the team to make it a winner! mark my words! Just relax!
1) Sacramento keep team, Seattle gets nothing
2) Kings stay in Sacramento, Seattle gets expansion
3) Kings go to Seattle, Sacramento gets nothing
4) Sacramento keeps Kings, Seattle gets expansion
These are the only options right now. KJR Seattle says source told them that Kings will leave to Seattle and Sacramento will get expansion team to get maloofs control out of the NBA. I was saying this for the longest but no mind. The point is everything we are hearing is hearsay. Nobody really knows until Friday when someone will leak what the recommendation the NBA will do. There is no way that the NBA is going to turn down Sacramento bid. So let me tell you expansion is not off the table is what I heard and you will hear from the NBA today that it is so. So just dont give up hope bro. either way we keep the Kings we have or we make a new Kings with our history and logo and have an ownership that will put money into the team to make it a winner! mark my words! Just relax!
Agreed. A possible look at the most sensible end for this whole ordeal.
I choose to believe that KJ and our team have followed the NBA lead on what to submit and in what form. I choose to believe that these self-made millionaires/billionaires know a lot more about the bid process required than we do. After all, one bidder is a current NBA minority owner and another has bid on a team before. They know what they are doing. There are likely technical/legal/financing reasons for doing it the way they did. Let the process play out.
I choose to believe that KJ and our team have followed the NBA lead on what to submit and in what form. I choose to believe that these self-made millionaires/billionaires know a lot more about the bid process required than we do. After all, one bidder is a current NBA minority owner and another has bid on a team before. They know what they are doing. There are likely technical/legal/financing reasons for doing it the way they did. Let the process play out.
Sorry you're not out of the penalty box yet.
EDIT: Can't resist teasing you more... Actually yeah, it's speculation. I speculated it after I read a direct quote by a major journalist quoting Peter Holt. Pure speculation that he actually said it though, so it's probably not true. Peter Holt, head of BOG, probably lets false reports about him go unaddressed all the time. So the fact he hasn't rebuked the report means nothing.
EDIT: Can't resist teasing you more... Actually yeah, it's speculation. I speculated it after I read a direct quote by a major journalist quoting Peter Holt. Pure speculation that he actually said it though, so it's probably not true. Peter Holt, head of BOG, probably lets false reports about him go unaddressed all the time. So the fact he hasn't rebuked the report means nothing.
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