The wait continues and other news, rumors, etc.

[Kingsfan23]

Yeah, right... If that was the case, they would have documents to back up those statements and would have no problems showing them.

MUCK THE FALOOFS!!!! So glad we're done with these clowns one way or the other.

malignant people. They aren't going to make it easy. They are going to take a pound of flesh out of sacramento. First by doing everything in their power to get this seattle deal approved. If the league rejects that, a lot of folks are just under the impression that they will just immediately sell to us with no qualms with their tails between their legs..

 

[Gary]

Interesting. They really are compulsive liars.

If That's the case and they did in fact say all that then why on earth would any owner approve this? They pretty much came out and said they wanted the team moved because they thought KJ lied to them. REALLY?

They are a bunch of asshats.

 

[menziebr]

The news just keeps getting better. So if KJ can prove that the Maloofs are lying (shocker), it's in the bag, because apparently that's what they're staking their case for relocation on. And this is probably some of the "extra information" the league requested.

Gut feeling: I suspect the "effort" they "made" to "fix" Sacramento's market was probably the crap about renovating STA, and KJ "working against" that was him pushing for a new arena instead (you know, like, the thing the NBA said was key). Somehow I don't see that flying. It really is great news that it seems like the focus is being pulled away from Hansen and Seattle and toward the Maloofs. Especially now that the vote is really a referendum on Sacramento, the more they talk, the better it gets for us, I think.

 

[Gary]

The news just keeps getting better. So if KJ can prove that the Maloofs are lying (shocker), it's in the bag, because apparently that's what they're staking their case for relocation on. And this is probably some of the "extra information" the league requested.

Gut feeling: I suspect the "effort" they "made" to "fix" Sacramento's market was probably the crap about renovating STA, and KJ "working against" that was him pushing for a new arena instead (you know, like, the thing the NBA said was key). Somehow I don't see that flying. It really is great news that it seems like the focus is being pulled away from Hansen and Seattle and toward the Maloofs. Especially now that the vote is really a referendum on Sacramento, the more they talk, the better it gets for us, I think.

It also doesn't help that KJ came up with 10+ million dollars in sponsorship money for the Maloofs in like two days.

 

[KingsFanSince85]

If there is any truth to Montemayor's tweets, then it is good news for Sacramento. The sellers are coming off as paranoid schizophrenic, not to mention utterly desperate. As long as this saga has been unfolding and as much involvement the league has had in the process over the years, I don't see anyway the owners buy into any of their crap. They know what's been going on. If KJ or the City of Sacramento had sabotaged any part of the deal the NBA made on the sellers behalf a couple of years ago, the NBA would fully be aware of it.

Lastly, according to Montemayor, the sellers just fully admitted, on record, that they are purposely trying to ensure the team leaves Sacramento as a means of receiving some type of personal "vindication". I don't believe that could have helped their cause in any way.

 

[Gary]

If there is any truth to Montemayor's tweets, then it is good news for Sacramento. The sellers are coming off as paranoid schizophrenic, not to mention utterly desperate. As long as this saga has been unfolding and as much involvement the league has had in the process over the years, I don't see anyway the owners buy into any of their crap. They know what's been going on. If KJ or the City of Sacramento had sabotaged any part of the deal the NBA made on the sellers behalf a couple of years ago, the NBA would fully be aware of it.

Lastly, according to Montemayor, the sellers just fully admitted, on record, that they are purposely trying to ensure the team leaves Sacramento as a means of receiving some type of personal "vindication". I don't believe that could have helped their cause in any way.

If that's indeed the case the vote should go all of Sacramento's way, and if any owner votes for the move then that's someone we should write a spiteful letter to

 

[D13]

Up till now it seems KJ was being friendly with the Magoofs hoping to not stir the pot... thinking maybe taking the high road would make things easier. Well, it might be time to take the gloves off in public. Point out to the NBA board just how underhanded they have been dealing with Sac... From years of sabotaging one thing after another, from team to arena, to bad faith negotiations. When all else failed to relocate, they backdoored a deal with the obvious agenda to hurt the city. I'm sure the board already knows these things, but KJ could reiterate showing the bad faith and why the lack of progress in dealing with those snakes.

 

[Section 101]

Up till now it seems KJ was being friendly with the Magoofs hoping to not stir the pot... thinking maybe taking the high road would make things easier. Well, it might be time to take the gloves off in public. Point out to the NBA board just how underhanded they have been dealing with Sac... From years of sabotaging one thing after another, from team to arena, to bad faith negotiations. When all else failed to relocate, they backdoored a deal with the obvious agenda to hurt the city. I'm sure the board already knows these things, but KJ could reiterate showing the bad faith and why the lack of progress in dealing with those snakes.

This tweet from my post covers it.

Tim Montemayor Tim Montemayor ‏@TheMontyShow 1h

…Move done. Re: #Seattle told today the group looks desperate with their raise in offer for #NBAKings "best move for them is to be quiet"

 

[HndsmCelt]

Nice little discussion about Stern's Presser
http://www.news10.net/video/2313310140001/1/VIDEO-Keeping-the-Kings-Discussion-Panel

Looks like Stern changed the vote and it will be separate votes on relocation first then ownership.

 

[Gary]

Nice little discussion about Stern's Presser
http://www.news10.net/video/2313310140001/1/VIDEO-Keeping-the-Kings-Discussion-Panel

Looks like Stern changed the vote and it will be separate votes on relocation first then ownership.

Nice discussion, and it was true what they said about the whole "sell to whoever you want" thing. It's not blocking sales, it's about relocation, because I am sure Hansen and Balmer would make awesome owners, IF they would want to keep the team here.. The whole issue with them wanting to move the Kings is the reason this is all happening.

 

[Turgenev]

The longer the process drags out the more time allowed for the Maloofs to do something stupid. Best of luck to them.

 

[Gilles]

I should preface it by saying I don't think it negatively impacts the kings either way, but I'm pretty sure I heard him say today they would be voting on relocation first since it was the lynchpin.

My understanding of what has been combined were the committees recommending to the rest of the BOG on both the sale and relocation, not the actual 30 member votes.

Stern actually said they would "get to relocation first"(discuss first), which falls in line with relocation being the main issue. Seems they indeed want to combine votes into one. What would be majority needed for Seattle, 23 or 16, though? They will probably have to amend by-laws to allow such a vote.

P.S. As for Maloofs? LOL. I remember in their presser, when asked, why they are withdrawing, Georgie claimed , that deal negotiated by NBA wasn't viable for them. If KJ really tried to change the deal, wouldn't it be a much better reason to give? I believe, both sides will have a chance to address BOG agaiin. I think the issue will come up.

 

[Gary]

I don't put it by the Maloofs to be so stupid as to say that the arena deal that they had agreed to was sabotaged by KJ, but wouldn't the NBA be able to see all the details of the goings on in regards to whether or not KJ did in fact pull money out or are they still whining about the pre-development costs?

I assume it was that pre-development cost that they are still whining about but come on..... The Maloofs are really putting Seattle in a bad place by opening their mouths.

 

[ParniValjak]

I think the relocation vote going first is a good thing for us and a nice little strategic move by Stern to ensure that technically, Hansen/Ballmer never get rejected as owners.

NBA is selling this as a relocation issue. The NBA is reluctant to move the team if it has the fan/sponsor/political support and a new arena or a plan to build a new arena. So if the relocation gets rejected, Hansen/Ballmer will pull out so this technically never gets to a sale vote because they will not want to buy the team that they cannot move.

This way NBA keeps the team in Sacramento with a great ownership geoup BUT they never technically reject Hansen/Ballmer, keeping the door open for them to get another team or an expansion team down the track!

As for Maloofs and their letters, I think they are doing this to cover their ***. They need a written trail to prove that they have never back-tracked on their binding agreement with Hansen/Ballmer otherwise, they would be open to legal action from Seattle group if they are found to be neutral or opposed to their binding agreement. I think they sense that the relocation to Seattle is probably a no goer and as such, they need to be seen as doing everything they can to complete the binding offer that they have signed.

I might be reading too much into this, but everything that came out today is a good thing for Sacramento!

Oh and Stern schooling Daniels again is priceless!

 

[Warhawk]

I think the relocation vote going first is a good thing for us and a nice little strategic move by Stern to ensure that technically, Hansen/Ballmer never get rejected as owners.

NBA is selling this as a relocation issue. The NBA is reluctant to move the team if it has the fan/sponsor/political support and a new arena or a plan to build a new arena. So if the relocation gets rejected, Hansen/Ballmer will pull out so this technically never gets to a sale vote because they will not want to buy the team that they cannot move.

This way NBA keeps the team in Sacramento with a great ownership geoup BUT they never technically reject Hansen/Ballmer, keeping the door open for them to get another team or an expansion team down the track!

As for Maloofs and their letters, I think they are doing this to cover their ***. They need a written trail to prove that they have never back-tracked on their binding agreement with Hansen/Ballmer otherwise, they would be open to legal action from Seattle group if they are found to be neutral or opposed to their binding agreement. I think they sense that the relocation to Seattle is probably a no goer and as such, they need to be seen as doing everything they can to complete the binding offer that they have signed.

I might be reading too much into this, but everything that came out today is a good thing for Sacramento!

Oh and Stern schooling Daniels again is priceless!

I think you are 100% correct in this. I don't think there is a doubt in anyone's mind that Hansen/Ballmer would be accepted as a potential ownership group in general (expansion, "uncontested" sale/move of a team, etc.). And the NBA doesn't want to throw that opportunity away.

But this involves moving a team, so if they can address the move first and not reject the potential owners, it works out better for them as well.

 

[Gilles]

I believe agreement between HBN group and Seattle city and county authorities ends in 2017. And this group seems determined to go on in their quest if sale of Kings is rejected. NBA might want to use them as boogie man to help build arenas in other cities for a while.

 

[KingsFanSince85]

Under this proposed scenario of relocation being rejected but the sale approved, what if the Seattle group calls the NBA's bluff and still purchases the team? What's to stop them from doing what Clay Bennett did in Seattle and what the seller's have been doing in Sacramento for nearly a decade now -- which is to seek ridiculous concessions from the city which they know will prevent an Arena deal from ever getting done thus giving them an out?

We'd be back in the same boat with a different ownership group that has the exact same agenda.

 

[Warhawk]

Under this proposed scenario of relocation being rejected but the sale approved, what if the Seattle group calls the NBA's bluff and still purchases the team? What's to stop them from doing what Clay Bennett did in Seattle and what the seller's have been doing in Sacramento for nearly a decade now -- which is to seek ridiculous concessions from the city which they know will prevent an Arena deal from ever getting done thus giving them an out?

We'd be back in the same boat with a different ownership group that has the exact same agenda.

If the relocation isn't approved, they aren't buying the team. If they try to move it without authorization, how will they make any money with a team in Seattle but no other teams scheduled to play in Seattle next year?

The sale and the move are being evaluated as one item. They may vote on the move first for political reasons, but don't think for a second that Seattle wants to buy the team if it can't move.

 

[VF21]

Interesting column from the Seattle Times:

A bad look for David Stern as Seattle-Sacramento battle for Kings drags out

...The situations are different, and that's why Stern is doing everything he can to help Sacramento. In truth, this is the way the commissioner should act. The respect for incumbent cities should be this great, and the process to relocate to another city should be an extraordinarily difficult one. Considering that the Maloofs — bad owners looking for a golden parachute — sold out Sacramento, it's wonderful that the NBA is stepping in and making sure it has a good opportunity to save the Kings...

 

[KingsFanSince85]

If the relocation isn't approved, they aren't buying the team. If they try to move it without authorization, how will they make any money with a team in Seattle but no other teams scheduled to play in Seattle next year?

The sale and the move are being evaluated as one item. They may vote on the move first for political reasons, but don't think for a second that Seattle wants to buy the team if it can't move.

While I certainly hope you are correct, how can you possibly know that to be true? They could purchase the team and flounder around for a couple years unable to come to an arena agreement with the city of Sacramento (just like the Maloofs have been doing) - all while making more friends and better connections within league circles - then apply for relocation under the premise that an arena deal never got done.


I'm not saying that's what will happen, but they still could attempt that if the league approves the sale but not the relocation. The current arena deal is with another group. If the Seattle group is approved, it's back to square one negotiating a deal.

 

[VF21]

Is NBA Trying To Poke Holes In Sacramento’s Bid For Kings? Expansion For Seattle?

Another good article worth reading.

...Let me make this clear – expansion isn’t an option yet – it can’t be. There are legal ramifications if the NBA goes that route. Entering into a binding agreement with the Seattle based Hansen-Ballmer group, the Maloof family (who will most certainly never set foot into NBA ownership again) would cause a legal ruckus if the NBA even remotely brought up the idea of expansion, which would heavily devalue the sale of the Kings franchise. There’s just no benefit for the NBA to do it – again – right now, a word that continues to find its way out of David Stern’s mouth...

 

[VF21]

While I certainly hope you are correct, how can you possibly know that to be true? They could purchase the team and flounder around for a couple years unable to come to an arena agreement with the city of Sacramento (just like the Maloofs have been doing) - all while making more friends and better connections within league circles - then apply for relocation under the premise that an arena deal never got done.


I'm not saying that's what will happen, but they still could attempt that if the league approves the sale but not the relocation. The current arena deal is with another group. If the Seattle group is approved, it's back to square one negotiating a deal.

Hansen doesn't want to spend money on a team that he cannot move to Seattle. If the league does not approve the relocation, Hansen will most likely withdraw his bid. AND since the entire board of governors is well aware of Hansen's intention, they aren't going to approve a "wink, wink, nudge, nudge" sale.

 

[jpsls]

While I certainly hope you are correct, how can you possibly know that to be true? They could purchase the team and flounder around for a couple years unable to come to an arena agreement with the city of Sacramento (just like the Maloofs have been doing) - all while making more friends and better connections within league circles - then apply for relocation under the premise that an arena deal never got done.


I'm not saying that's what will happen, but they still could attempt that if the league approves the sale but not the relocation. The current arena deal is with another group. If the Seattle group is approved, it's back to square one negotiating a deal.

They aren't going to gamble away half a billion for something that may or may not happen two years from now.

 

[Glenn]

I cannot for a second believe that the BOG would vote against a move but OK a sale to Hansen. Makes no sense. The relocation and ownership committees are meeting as one. They will vote to OK a sale to Hansen AND a move or vote for Ranadive and axe the idea of moving - moot point at that time. I think we are all getting tied up in what ifs. In the end I think it is which city can provide the best place for a team with the default position being that the league, and I mean all of the BOG, does not want a team to leave a city that is supportive. Every delay in the vote is another period of time for Sacramento to get its ducks in a row.

All of the owners involved in the Sacramento deal slows down the process as each potential owner needs to prove they have the money available. That's close to 30 sets of financial books.

 

[KingsFanSince85]

I really hope you guys are right. I guess I'm just paranoid at this point and refuse to rule out each and every possibility however remote they may each be. This saga has taken so many twists and turns that I just have no idea what to believe anymore. Early on, I felt this might be a lost cause. More recently, I felt there was no way the team could possibly leave based upon past precedent of why teams leave and the fact that Sacramento has done everything the NBA has asked. Now I'm just flat out unsure what might happen.

 

[Gary]

When the league votes down the relocation and if Hansen does not pull his bid, then they will be out right rejected. End of story. I am sure there will be concessions made by the NBA to Seattle if they agree to pull their bid once the relocation is voted down.

 

[Section 101]

I really hope you guys are right. I guess I'm just paranoid at this point and refuse to rule out each and every possibility however remote they may each be. This saga has taken so many twists and turns that I just have no idea what to believe anymore. Early on, I felt this might be a lost cause. More recently, I felt there was no way the team could possibly leave based upon past precedent of why teams leave and the fact that Sacramento has done everything the NBA has asked. Now I'm just flat out unsure what might happen.

The rumor is the sale is contingent upon relocation being granted.

 

[HndsmCelt]

The rumor is the sale is contingent upon relocation being granted.

That is my understanding as well. But the BOG can certainly vote down relocation then call Hansen to see if he is till interested.

 

[Glenn]

The rumor is the sale is contingent upon relocation being granted.

No doubt. Two great sets of potential owners are involved. Ownership is not the issue as the NBA wants both sets. It is up to Sacramento to prove they can build an arena and if Seattle can also prove they can build an arena, tie goes to the home team.

 

[Glenn]

That is my understanding as well. But the BOG can certainly vote down relocation then call Hansen to see if he is till interested.

That's not really what Section 101 is saying.