I'm more inclined to believe they're only offer 1 year deals for obvious reasons. They're tipping their hand, yet again .....
And you can bet that during the relocation hearing this spring (yes, it will happen) when the Maloofs complain about corporate sponsorship again KJ will have a long list of advertisers who will have signed statements claiming support for multiple years which the Maloofs would not commit to.
I've been saying this for a while, but barring a miracle sale things will get much uglier before they can get better. We're down to:
1) Miracle sale
2) Maloofs file for relocation, are denied, bring antitrust lawsuit
3) Maloofs pack up and move without filing, league fights it, and it's all ugly any way it turns out
I suppose for completeness there are:
4) Maloofs sell to Hansen, Kings become Supersonics
5) Maloofs file for relocation, it is granted
But both of those seem quite unlikely right now given the NBA's efforts to keep basketball in Sacramento. I don't see relocation or sale to Hansen being approved, not this year, and not next year.