A new week and other news, rumors, etc.

Crown Downtown ‏@CrownDowntown 1m

Paul Faries said JMA & city have all the parcels needed to build the arena. Other parcels can be bought for more development.
 
Crown Downtown ‏@CrownDowntown 1m

Paul Faries said JMA & city have all the parcels needed to build the arena. Other parcels can be bought for more development.

I feel...great a disturbance in the Force, as if millions of Seatrolls cried out in terror and were suddenly silenced.

There goes another talking point. "BUT HANSEN HAS LAND." - every Sonics fan on twitter.
 
2 days until D-Day (I believe we're supposed to hear which direction this is going to go on friday)... I feel as if the culmination of all the years of being a fan of this team flashes before me here in the next two days.. If this were a roller coaster we are approaching the peak
 
Bloomberg TV News Sportsfolio just had spot (sitdown interview) with couple of "sport-biz analysts" on top of Kings stay or go saga to be decided very soon in the Big Apple. Did anyone see it or know of link? I caught just very end of what seemed to be some very deep analysis of Kings situation with perhaps prediction on outcome?
 
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Crown Downtown ‏@CrownDowntown 1m

Paul Faries said JMA & city have all the parcels needed to build the arena. Other parcels can be bought for more development.

I can vouch for this. Kennadog and I were talking with him when he shared that, which was then verified by Mike with Paul later. The other parcels would be to add on to or "flesh out" the desired development around the arena itself, however to get the arena built they have all the land they need.

I have very good thoughts about our chances based on some of what I heard tonight.
 
Seattle rejecting expansion?

http://www.sactownroyalty.com/2013/4/25/4264560/seattle-supersonics-expansion-sacramento-kings

I think this would be very foolish for Seattle to reject a guaranteed team in favor of possibly getting nothing at all.
I have no clue if Monty is on TO something or ON something, but IF the story is true Seattle may have NO choice except expansion... take it or go watch the Mariners.

Now they are saying the recommendation on relocation will be Monday... this MIGHT kill me!
 
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I've been following Monty for a while now and he's never tweeted anything like this (with as much supposed inside information as he's leaked). So he must be hearing this from someone. Whether his source is legit remains to be seen, but Monty seems to think so. I assume it's legit but embellished a bit. Meaning that's what's probably been talked about but not to the effect where Seattle is saying no to waiting another year ect ect.

If the decision is pushed back to Monday then I assume it's because they are finalizing the expansion option for Seattle. We all know how the NBA works. The only thing that pisses me off is that they don't just come out and say the Kings stay in Sac and they are in talks for an expansion team in Seattle.

I assume they wanted to release both at once for the drama factor? Kind of like "The Decision". Maybe ESPN will do an hour long show lol.

From everything I have read, and my GREY (EDIT) matter filling in the blanks though the Kings will stay in Sacramento. My stress level is down to almost nothing so I know something good is about to be released.. Perhaps this afternoon something will be leaked.
 
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Seattle rejecting expansion?

http://www.sactownroyalty.com/2013/4/25/4264560/seattle-supersonics-expansion-sacramento-kings

I think this would be very foolish for seattle to reject a guaranteed team in favor of possibly getting nothing at all.

hm. has any journalist yet corroborated montemayor's story? that series of tweets reads like a bizarro world version of the events so far. he makes what would be a ton of leaps in logic if not backed up by accurate sources...

that said, if monty's sources are, indeed, accurate, then the tenor of this discussion changes pretty rapidly. failing to cooperate on the proposition of receiving a future expansion team is an absolutely mercenary tactic (which would fit the bill for a hedge fund manager, i guess), and will likely result in seattle being left with no team at all. the board of governors has no reason to approve sale to an ownership group unwilling to play the game, or unwilling to consider what's in the best interests of the league. the nba's had enough of that with the maloofs. but we have every indication that vivek and co. are willing to play the game, and are considering what's in the best interests of the league. it's why they've met every demand asked of them thus far, in many cases over-delivering on those demands...
 
IF the delay is about the expansion they may need time to hammer it out or even convince Hansen to take the dam thing... Of course it may be just a weekend of word-smiting NBA does stand for Nothing But Attorneys.
 
Checking back in

Over the past few years, I’ve been trying to make the point that the Maloofs were broke, lying, bastards. I’ve also pointed out, what I believed were flaws in previous arena plans. The first point is no longer up for debate, and I don’t see any flaws in this arena plan.

Nothing is certain, but you’ve got to like Sacramento’s chance at getting good news in the next 24 hours. Good is the biggest understatement of all time. Kings stay for the long term, revitalized downtown, new arena, real owners, and no more Maloofs and the other staff that made this franchise dysfunctional.

And god forbid if things break the other way, the fans and city leaders did everything they could. The efforts have been amazing.

It’s going to get very busy in here. Before the (good) news breaks, I wanted to check in and wish everybody good luck.
 
Seattle rejecting expansion?

http://www.sactownroyalty.com/2013/4/25/4264560/seattle-supersonics-expansion-sacramento-kings

I think this would be very foolish for seattle to reject a guaranteed team in favor of possibly getting nothing at all.





if this dude's tweet is true, the kings are staying. But would the team still technically owned by the malololololofs or will the nba intervene and sell the kings to the new owners? I have a bad feeling since the kings may be technically owned by those losers
 
if this dude's tweet is true, the kings are staying. But would the team still technically owned by the malololololofs or will the nba intervene and sell the kings to the new owners? I have a bad feeling since the kings may be technically owned by those losers
No, the Maloofs have agreed to the Sacramento as a back up, and there is NO WAY the NBA lets them stay at this point. Besides if the Hansen deal is dead in NY they will have to take the Sac offer just to get cab fair back to their hotel.
 
if this dude's tweet is true, the kings are staying. But would the team still technically owned by the malololololofs or will the nba intervene and sell the kings to the new owners? I have a bad feeling since the kings may be technically owned by those losers

The Maloofs are out. They signed an agreement to sell to Hansen for a certain price and if the Kings group has the same amount of money they will either take the deal or the NBA will take over the team and pay them that amount.

There is absolutely NO scenario where David Stern and the NBA would let the Maloofs retain ownership after all of this.
 
hm. has any journalist yet corroborated montemayor's story? that series of tweets reads like a bizarro world version of the events so far. he makes what would be a ton of leaps in logic if not backed up by accurate sources...

that said, if monty's sources are, indeed, accurate, then the tenor of this discussion changes pretty rapidly. failing to cooperate on the proposition of receiving a future expansion team is an absolutely mercenary tactic (which would fit the bill for a hedge fund manager, i guess), and will likely result in seattle being left with no team at all. the board of governors has no reason to approve sale to an ownership group unwilling to play the game, or unwilling to consider what's in the best interests of the league. the nba's had enough of that with the maloofs. but we have every indication that vivek and co. are willing to play the game, and are considering what's in the best interests of the league. it's why they've met every demand asked of them thus far, in many cases over-delivering on those demands...

I assume it's because their timeline to have a team vs. building an arena. They need a team by a certain date and it's not working with the NBA timeline. I assume this can be solved, and they are probably delaying because Seattle has to basically re-write their agreement with the NBA and the city of Seattle to accommodate a 2014/2015 team rather than a 13/14 team.
 
The Maloofs are out. They signed an agreement to sell to Hansen for a certain price and if the Kings group has the same amount of money they will either take the deal or the NBA will take over the team and pay them that amount.

There is absolutely NO scenario where David Stern and the NBA would let the Maloofs retain ownership after all of this.




This is where I have a problem. ONce the nba rejects hansen's offer, the maloofs will TECHNICALLY retain ownership. And I know the maloofs will do anything to screw over Sac, even if it means not doing the logical thing and sell to the local bidders when the money is equal. In that case, the nba could take over the kings and sell it to the locals, but is it GUARANTEED that the nba will do this or are we being presumptuous? Also, if the nba decides to exercise the hostile takeover tactic, i can see the magoofs trying to sue.

I unno. I just see a few more obstacles in the way.
 
I assume it's because their timeline to have a team vs. building an arena. They need a team by a certain date and it's not working with the NBA timeline. I assume this can be solved, and they are probably delaying because Seattle has to basically re-write their agreement with the NBA and the city of Seattle to accommodate a 2014/2015 team rather than a 13/14 team.
Or Hansen is NOT all that confident in the arena deal. If he buys the Kings they play in Key until the Arena is built so if there is delay on the build it is no big deal he has the team already. An expansion team for 2 years from now could be yanked if the arena deal is stopped up in WA courts for over a year.
 
This is where I have a problem. ONce the nba rejects hansen's offer, the maloofs will TECHNICALLY retain ownership. And I know the maloofs will do anything to screw over Sac, even if it means not doing the logical thing and sell to the local bidders when the money is equal. In that case, the nba could take over the kings and sell it to the locals, but is it GUARANTEED that the nba will do this or are we being presumptuous? Also, if the nba decides to exercise the hostile takeover tactic, i can see the magoofs trying to sue.

I unno. I just see a few more obstacles in the way.

I don't.

If need be the "best interest of the league" clause will be enacted and the Maloofs will be bought out. Think of the money and especially man hours that everyone in the NBA, Seattle group and Sacramento group have spent in this situation and the anguish it has caused everyone (including fans in both cities) and then imagine a scenario where Stern and the BOG would let the Maloofs keep the team if relocation were denied. It won't happen. WON'T.

And the Maloofs might well sue the league if they don't agree to sell to the Sacramento group and the NBA forces them out. Franchise transfers often end up in litigation. The NBA knows that. But honestly, if the Maloofs argument in a lawsuit is that they were somehow damaged because the NBA gave them the exact amount that they agreed to in Hansen's deal but are angry because they wanted a team THAT THEY NO LONGER OWNED to be in Seattle vs Sacramento then they would be wasting their time and money. Come to think of it that does sound Maloofian, doesn't it?
 
It is quite maloofian. I just dont want these *******s to own the kings-NOT EVEN FOR A SECOND LONGER. I just hope the nba will give the new ownership the kings rather the team going back to the maloofs for them to sell to the new ownership group.
 
Or Hansen is NOT all that confident in the arena deal. If he buys the Kings they play in Key until the Arena is built so if there is delay on the build it is no big deal he has the team already. An expansion team for 2 years from now could be yanked if the arena deal is stopped up in WA courts for over a year.

Hansen is just being a jerk to get some leverage on the purchase price of the expansion franchise. Also, probably because he doesn't like to lose.
 
The Maloofs are out. They signed an agreement to sell to Hansen for a certain price and if the Kings group has the same amount of money they will either take the deal or the NBA will take over the team and pay them that amount.

There is absolutely NO scenario where David Stern and the NBA would let the Maloofs retain ownership after all of this.

I agree with this. The Maloofs are out however the decision goes. If MSE gets their $340+ million from Seattle, Sacramento, or the NBA, who cares? Doesn't matter. In fact, there may be stipulations that the NBA loans get paid first and then they get to keep the rest. And if the NBA buys them out, they just withhold that amount from the check they cut to MSE and then keep everything from Sacramento so all the debts get paid immediately.
 
if this dude's tweet is true, the kings are staying. But would the team still technically owned by the malololololofs or will the nba intervene and sell the kings to the new owners? I have a bad feeling since the kings may be technically owned by those losers

The Sacramento agreement is binding and will be the only deal on the table once the BOG votes the move down. This way the NBA doesn't have to actually "reject" the Hansen offer and use that binding agreement they have from Hansen on an expansion team, which is why I assume there have been delays. The Hansen agreement has to be changed in numerous areas to accommodate expansion rather than the Kings.

The NBA probably wants to announce both at once, then Stern walks out as the best Commish the NBA has ever seen. KJ walks out as the best Mayor Sac has ever had, and Hansen walks out as the savior of Seattle, and the Seattle fans say "they didn't want the Kings anyway". Works for everyone and all involved are saviors of their respected areas.
 
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This is where I have a problem. ONce the nba rejects hansen's offer, the maloofs will TECHNICALLY retain ownership. And I know the maloofs will do anything to screw over Sac, even if it means not doing the logical thing and sell to the local bidders when the money is equal. In that case, the nba could take over the kings and sell it to the locals, but is it GUARANTEED that the nba will do this or are we being presumptuous? Also, if the nba decides to exercise the hostile takeover tactic, i can see the magoofs trying to sue.

I unno. I just see a few more obstacles in the way.

They don't retain ownership. The deal goes to the second binding agreement which is Sacramento's. That's why there had to be a binding agreement in place with Sacramento's bid so that the Maloofs couldn't pull this crap you mentioned once the Seattle move is rejected.
 
They don't retain ownership. The deal goes to the second binding agreement which is Sacramento's. That's why there had to be a binding agreement in place with Sacramento's bid so that the Maloofs couldn't pull this crap you mentioned once the Seattle move is rejected.

And if you recall, Stern has said that he considers the Sacramento bid to be "binding".
 
They don't retain ownership. The deal goes to the second binding agreement which is Sacramento's. That's why there had to be a binding agreement in place with Sacramento's bid so that the Maloofs couldn't pull this crap you mentioned once the Seattle move is rejected.

Though the league can and most likely will put strong pressure on the maloofs to accept a deal with sac if Seattle is rejected, what you describe is not the official process. There is no automatic acceptance of the sac deal. Still most likely ends up with us in that case but the maloofs could still be there usual selves and make it a hassle
 
Though the league can and most likely will put strong pressure on the maloofs to accept a deal with sac if Seattle is rejected, what you describe is not the official process. There is no automatic acceptance of the sac deal. Still most likely ends up with us in that case but the maloofs could still be there usual selves and make it a hassle



and that's what im afraid of
 
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