Best news yet! Deal is done!

[VF21]

As soon as the big news hits, we'll open this up so we have a clean thread for a new beginning!!!

I LOVE THIS TEAM!!!!!

The thread is open and the nightmare is over.

THANK YOU Kevin Johnson for leading us out of the darkness and into the promised land.

WE ARE SACRAMENTO!!!

 

[PurpleHaze]

Breaking News: Deal Reached!

http://www.sacbee.com/2013/05/16/5427622/kings.html

NBA now has to review and give "official" approval.

 

[annihilator_33]

Crown Downtown ‏@CrownDowntown 24s

Sacramento group, Maloof family reach deal for Kings Read more here: http://www.sacbee.com/2013/05/16/5427622/kings.html …

 

[Warhawk]

YES!!! Bye-bye, Maloofs. Couldn't happen fast enough.

 

[annihilator_33]

The bee article says valuation for $535 million.....threw in the extra 10 mil to save headaches I'm assuming

 

[rainingbuckets]

Sacramento group, Maloof family reach deal for Kings

A Sacramento investors group has reached a deal with the Maloof family to buy the Kings for an NBA record valuation of $535 million, a source has told The Sacramento Bee.

The agreement, reached today, is expected to be announced sometime Friday. If the NBA approves the deal, escrow is expected to close at the end of May.

The source, close to the deal, said the Maloof family was eager to "turn the page" and was pleased they were able to sell to a group that will keep the team in Sacramento.

The source said more details will be released Friday, including statements from partners in the deal.

A spokesman for the Sacramento investment group, led by Vivek Ranadive, declined comment.

A spokesman for the Maloof family could not be reached.

Read more here: http://www.sacbee.com/2013/05/16/5427622/kings.html#storylink=cpy

http://www.sacbee.com/2013/05/16/5427622/kings.html

 

[HndsmCelt]

The bee article says valuation for $535 million.....threw in the extra 10 mil to save headaches I'm assuming

We call that an Jerk Tax.

 

[Padrino]

and there it is. nothin' but joy on this side of the screen!!

 

[xrzn]

All but official at this point

 

[Telemachus]

http://www.sacbee.com/2013/05/16/5427622/kings.html

I think everyone can sleep a little easier tonight knowing we will never have to worry about the Maloofs again.

 

[spok22s]

So happy

 

[Agent23]

Viva la Vivek!!!!

 

[Andriod_KiNg]

We should have all the church bells ringing lol. WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

 

[Livinthedream]

It just finally hit me that this thing is over. Got a little choked up at the news. Time to go get a drink and breathe a sigh of relief.

 

[TaxMan]

Woot! Rejoice!

 

[Jose]

Boom! Bye Maloofs, don't let the door hit you on the way out. Please never come back.

 

[Krunker]

Hooray! Free from the yoke of the BM!

 

[Brac-o-matic]

Wooohoo,...Maloofs did something RIGHT!!

 

[Trueblood]

Awesome news!! Way to go Vivek!

As for Bucher, this is exactly what we want. The Warriors and Kings is the sleeping giant of potential rivalries. As I've been saying, these are 2 of the best fan bases in the league and are less than 90 miles apart but there has never been a season since the Kings came to Sacramento where both teams were in the playoffs at the same time. Imagine how awesome that WILL be. Grant and Bucher going off on the other market and fan bases will be just the tip of the iceberg...

 

[AussieKing]

Finally the team can move forward. Looking forward to TDOS now.

 

[eliczone]

Omg!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[PejaFanatic]

 

[Elektrik]

At Last! The foul bitter taste of maloof that was in my mouth for so long is finally gone! Good riddance. Now....we can begin to get back to basketball the way it was meant to be! Happy days are here again! Hip Hip Hooray!!!!! Yahoo!!!!!!!YippeeKaiYay!!!!!!!!!Awesome!!!!!!!GRoovy!!!!!!!fantastik!!!!!!!!YeeeHawww!!!!!!!!supercalifragilistickexpialadocious!!!!!!!!!Un freaking belivable!!!!!!!!!!!
Oh, and here"s to the Ranadive Group and Kevin Johnson and everyone that made this happen. Thank You!

 

[Kingfanpaul]

THEY DID IT!!!!!! WE'RE FREE!!!!!!!!!!!!!! NO MORE MALOOFS!!!!!!!!!!!!!

 

[thingfish]

halle-freaking-lujah!!!!

 

[fansinceday1]

Oh my god I can't believe this is finally done. I can finally bust open this bottle of champagne. We never have to hear from the worst owners in all of sports. HALLELUJAH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Andriod_KiNg]

Bap bap bap !!!! Lol

 

[Return To Glory]

Hell Yeah!!!!

 

[jpsls]

Looks like Bucher eats his words again

 

[Telemachus]

Looks like Bucher eats his words again

Nah! He is in a state of denial (and delusion) that would make the Maloofs turn and say "WTF".