Board of Govs Meeting Updates-DAY 2
- Thread starter ReinadelosReys
- Start date
dbienick
George Maloof said they could still move #sackings to Anaheim in time for next season.
#Maloofs said buyout offer is "just talk" and "hogwash", said they've never been approached.
#Maloofs said #nba commissioner David #Stern would have more to say soon about extending deadline.
George Maloof said they could still move #sackings to Anaheim in time for next season.
#Maloofs said buyout offer is "just talk" and "hogwash", said they've never been approached.
#Maloofs said #nba commissioner David #Stern would have more to say soon about extending deadline.
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Yep.
And on July 24, 2010 (less than nine months ago), Ailene Voisin asked them about relocation:
Joe's response?
How's that response looking now, Joe? Were you negotiating with Anaheim at that very time?
Insist you won't sell, insist you won't trade as much as you want. Your word means nothing. Maybe you won't, but maybe you will. Just don't waste my time with your white noise, Joe. (Applies to Gavin and George, too.)
And on July 24, 2010 (less than nine months ago), Ailene Voisin asked them about relocation:
Joe's response?
How's that response looking now, Joe? Were you negotiating with Anaheim at that very time?
Insist you won't sell, insist you won't trade as much as you want. Your word means nothing. Maybe you won't, but maybe you will. Just don't waste my time with your white noise, Joe. (Applies to Gavin and George, too.)
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markkreidler
All indications are Maloofs will ask for the extension Monday. That doesn't mean months -- they could ask for another week to assess.
(cont.) NBA cannot go indefinitely -- needs to know where franchise will be next season ... if there is a next season.
All indications are Maloofs will ask for the extension Monday. That doesn't mean months -- they could ask for another week to assess.
(cont.) NBA cannot go indefinitely -- needs to know where franchise will be next season ... if there is a next season.
That is excellent news. At this point, the longer it goes on, the better. It's not going to be a slam dunk for them.
I heard this morning that the Maloofs are going to present to the NBA that they aren't in dire financial shape. That tells you right off the bat that the perception among NBA owners is that they are in dire financial shape. And how in the world can persuade the NBA that they aren't in dire financial shape when they've defaulted on a $400 million line of credit for the Palms? And when they are in negotiations to lose their controlling interest in the Palms?
I heard this morning that the Maloofs are going to present to the NBA that they aren't in dire financial shape. That tells you right off the bat that the perception among NBA owners is that they are in dire financial shape. And how in the world can persuade the NBA that they aren't in dire financial shape when they've defaulted on a $400 million line of credit for the Palms? And when they are in negotiations to lose their controlling interest in the Palms?
The Maloofs need 15 votes plus their own for total of 16 yes votes. I bet in canvassing the other NBA franchise owners they've now found less than what they need. Probably the majority have told them they are on the fence or solid no votes. The ones on the fence could also just obstain, meaning getting to the number they need could be very difficult - at least as this point.
At some point, enough is a enough. They should have had all their ducks in order by now. They were already granted one extension, now with this knowledge of Billionaire Burkle saying, yes it CAN work in Sacramento after the Maloofs are essentially saying no it can, thats why we need to move, Stern needs to step and say no, try again next year.
I am really starting to wonder how bad off the Maloofs are financially. They seem almost desperate to move the team by next season. If they don't move, they may be forced to sell. Slowly but surely powerful groups are turning against the Maloofs. Right now they are essentially battling KJ, the State Government, the City of Sacto and its team of lawyers, a billionaire with much deeper pockets than them, the BOG, and potentially David Stern. I really doubt they were expecting this much resistance to the move from so many places.
The Maloofs are also battling Buss. They only reason to ask for an extension is to see if they can poke holes in the Burkle/Icon/Taylor plan. Which is why it was brilliant for KJ to keep this under the radar until the actual meeting. The Maloofs are stubborn and are going to try to fight this to the end. Will burn all their bridges in Sac in the process.
IF all of this statment is true, they are :
News10_CA News10 - California
Maloofs say that the team is not for sale for any price. Also stated that Sacramento would not get another team if the Kings move.
Who are THEY to say this???? Yes, I realize they are owners and have vote, but you don't say these types of things!
News10_CA News10 - California
Maloofs say that the team is not for sale for any price. Also stated that Sacramento would not get another team if the Kings move.
Who are THEY to say this???? Yes, I realize they are owners and have vote, but you don't say these types of things!
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I'm moving to the point of "sell" or "Maloofs, get the hell out of my city". Selling is way better, but the damage the have done to me as a fan and the city is significant.
Also, if the NBA leaves the city of Sacramento and its fanbase hanging even further by granting another extension, they may also lose me as a costumer. Probably, for good.
Also, if the NBA leaves the city of Sacramento and its fanbase hanging even further by granting another extension, they may also lose me as a costumer. Probably, for good.