Increased Seattle bid (Again) and other news, etc.

[Darth Divac]

Dave Softy Mahler ‏@Softykjr 7m
BREAKING: Chris Hansen raise offer for Kings by $75 Million. to $625 Million valuation price

In an effort to further demonstrate the extent of our commitment to bring basketball back to Seattle, we have elected to voluntarily increase our proposed purchase price for the Sacramento Kings NBA Franchise by $75 million — from an enterprise value of $550 million to $625 million. In conjunction with our revised offer, we have also guaranteed to the NBA that the Franchise would be a revenue sharing payer in all years in Seattle.

Hansen's website

As disgussed in the previous thread, we believe that this is just a ploy to attract public sympathy for the HBN group. With the BOG meeting next week, though, anything can happen.

 

[VF21]

Already totally under discussion in the Off The Court forum.

 

[Warhawk]

This is already being discussed in other threads. I closed this one.