Hey every one I having been lurking this site religiously for years and I just wan to say dont know what I would have done without Kingsfans Vf and your positive attitude. Thank you! I'm not trying to paint a bad picture and I HATE the Magoofs but if you were selling something on ebay and someone offered 100 million more and ebay said no wouldnt you be upset and refuse to sale too. I just think this will drag out between sac and the Ma goofs and it may get uglyier than it already is!
This isn't eBay. It's much more complicated than that.
1. ANY sale agreement is subject to and dependent upon the approval of the NBA.
2. Any attempt to relocate a team is subject to and dependent upon the approval of the NBA.
3. Hansen/Ballmer and the Maloofs made a purchase agreement for a specific amount of money that was binding to both of them subject to and dependent upon the approval of the NBA, and yet they did not seek the assistance or advice of the NBA, choosing instead to make back-room deals in an attempt to shut out other potential buyers.
4. The NBA, looking at the whole situation and having years of experience in dealing with the Maloofs, allowed the Sacramento group to put forth a counter-offer that would match the amount of money in the original purchase agreement AND keep the Kings in Sacramento.
5. Hansen, with about as much hutzpah as could be imagined, has tried to cry foul about the allowance of the Sacramento counter-offer, all the while trying to pretend he, Ballmer and the Maloofs weren't caught red-handed.
6. The relocation committee, whose approval is necessary for any relocation, has indicated they will be recommending to the Board of Governors that they reject the request to relocate the Kings to Seattle.
7. Once the relocation is formally rejected, a vote will be taken on the sale itself, unless Hansen/Ballmer see the hand-writing on the wall and stop the madness.
8. The Board of Governors will vote on the sale proposal (the original one). The raised bids are immaterial and are, more or less, merely attempts by Ballmer/Hansen to attempt to sway opinion. It's not going to work, because it's clear to all concerned that their real desire is for a team in Seattle, NOT Sacramento.
9. Once the Seattle purchase offer is dealt with, there is only one remaining offer on the table. That of the Vivek group. The Maloofs will either accept that offer or they face dire consequences. The exorbitant offers of Hansen/Ballmer are not relevant and they cannot be considered.
This is all almost over. It's not going to drag out further. Keep in mind one very important detail: The ONLY reason the Kings are being sold is because the Maloofs are broke, as in "can't afford to run the team for another year and may or may not have already been derelict in timely payments of bills such as employee paychecks" broke. They are not going to turn down the only remaining offer for cold, hard cash.