ElRey
Starter
Even if it was an intentional smokescreen by Maloofs, they wasted over a million dollars of Virginia Beaches money! Not that them scumbags care much, but just saying.
Staying or going? Latest rumors, thoughts, etc.
- Thread starter VF21
- Start date
- Status
Even if it was an intentional smokescreen by Maloofs, they wasted over a million dollars of Virginia Beaches money! Not that them scumbags care much, but just saying.
Kingster
Hall of Famer
No. Now that the Maloofs have been outed as wanting to sell the team, the league can put a lot of pressure on the Maloofs to sell to a Sacramento buyer. Will the league do so? That's the question.
Kingster
Hall of Famer
I don't think there's one chance in a million that the Maloofs retain a say in operation. A small ownership interest. Sure. But not any control.
ElRey
Starter
I'm not sure they really care that much about having a say in the team. I think they will probably be happy as small minority owners and still be able to sit courtside, so they can show their faces like celebrities.
ElRey
Starter
New News from KJ this morning "Mayor Kevin Johnson said this morning that he has received approval from NBA Commissioner David Stern to present a counter offer for the Kings directly to the NBA's board of governors."
Read more here: http://blogs.sacbee.com/city-beat/2...-for-kings-directly-to-nba.html#storylink=cpy
Looks like KJ is looking to bypass the Maloofs all together! Good move!
Read more here: http://blogs.sacbee.com/city-beat/2...-for-kings-directly-to-nba.html#storylink=cpy
Looks like KJ is looking to bypass the Maloofs all together! Good move!
kupman
Starter
To add to this further, the Maloofs have shown that when they have money they can be very good owners. 10-14 years ago they were spending money (because they had it to spend) and the Kings were rising to the top.
Yours and mine. I think you're right. I just don't/maybe won't know when "our shot" happens.
Kingster
Hall of Famer
Brilliant move. Now if Burkle gets in the game, he just forwards his offer directly to Stern. PERFECT MOVE. I hope checkmate is around the corner.
This is beyond huge. It is an indication that the NBA will not simply rubber-stamp whatever deal the Maloofs come up with.
If you visit other forums, you'll find that basketball fans all over are watching what happens here. And, for the most part, they understand how we Kings fans feel and they support our efforts. More than a few of them are honest in saying they don't know how we can still support a team after everything that's gone on. We're an example of fan loyalty that is seen very rarely.
It's been said before, but now is the time for Kings fans to put it all out there. Support every event and attend as many games as you possibly can. It is making a difference.
I think this was anticipated by him a long time ago and hinted at when he said he was going to speak to the BOG directly at their meeting. But good to get verification! He and Stern have been in lockstep pretty much this entire process - I am liking our chances to keep the team more and more as the process plays out.
I would guess (and it's just a guess) that he's not bypassing the Maloofs altogether. I would guess that this suggests that the Maloofs are locking him out. The NBA, it would seem, is not taking too kindly to that, as they would appear to be granting access to the approval-makers directly. Obviously this is nothing but good news, though there is the chance that the NBA is simply doing this as a formality.
HndsmCelt
Hall of Famer
Agreed, I can't imagine or see any point in NOT sending the offer to the Maloofs AND the NBA. The point is transparency, forcing the Maloofs to make sale details know to the NBA so they can't just make claims that the Sac offer was not as good as the one from Seattle. It will make it MUCH easier for the BOG to reject the sale and move knowing what other options the Maloofs may have that would keep the team in Sac.
Wow that is great news. As long as KJ can put together an equivalent deal(and looking at the names that have been thrown around I think it is feasible), I would be shocked if the BOG allows the team to move to Seattle. The most important difference between us and Seattle 4 years ago is that we already have an arena deal on the table and one that is more than fair to the team.
Glenn
Hall of Famer
I was about to write a nice long, thoughtful, and wonderful note asking the simple question of whether Sacramento would accept Joe and Gavin as managing partners of the Kings if they made a local sale and there was adequate money behind them. This means the arena gets built, etc. Basically, have the Maloofs burned all bridges or is it simply George that has burned all bridges? I am beginning to sense that people would accept Joe and Gavin back.
I wonder if George was set up as the bad guy so the team could stay in Sacramento if he just disappeared. His role, which seems to come so naturally, is to be the bad guy while protecting the good image of Joe and Gavin.
I like the idea of presenting the offer directly to the league. The league is behind Sacramento as it should be and has figured out a way to maximize Sacramento's chances. Bravo KJ and Stern!
I wonder if George was set up as the bad guy so the team could stay in Sacramento if he just disappeared. His role, which seems to come so naturally, is to be the bad guy while protecting the good image of Joe and Gavin.
I like the idea of presenting the offer directly to the league. The league is behind Sacramento as it should be and has figured out a way to maximize Sacramento's chances. Bravo KJ and Stern!
Section 101
All-Star
The most surprising part to me was it is the April BoG meeting and not all star weekend. 4 more months of this stuff.
Dime Dropper
All-Star
IF the Kings remain in Sacramento, you all need to make sure a statue of KJ is resurrected outside of the new arena. He's gone above and beyond what one could reasonably expect. I hope it's not in vain.
HndsmCelt
Hall of Famer
I think every member of the Maloof Clan has been carefully monitoring the sales of: tar, feathers, rails, torches and pitchforks.
I think it has to happen before March 1st so that Seattle group can still file for relocation if Sacramento's offer turns out not good enough.
ElRey
Starter
Oh I'm sure the Maloofs will get the offer as well, but instead of trying to negotiate with the Magoofs and dealing with their stupid shenanigans, you deal with the NBA BOG. If we can get a comparable offer together that is close to Seattle's, then we have a good chance of keeping the Kings. Why waste your time with the Maloofs? You already know the price they are willing to sell, so just put together something comparable.
Section 101
All-Star
They can still file. Just because you file doesn't mean they have to move if the City's deal is good.
Apologies if this has already been posted, but I thought this was a relevant bit of news:
http://basketball.realgm.com/wiretap/225609/AEG_Remains_Interested_In_Downtown_Sacramento_Arena
I think we all figured this was the case, but it's nice to see AEG come out and publicly state that (1) they are still ready to move forward with the arena plan with current or new owners and (2) they support the mayor and Sacramento
http://basketball.realgm.com/wiretap/225609/AEG_Remains_Interested_In_Downtown_Sacramento_Arena
I think we all figured this was the case, but it's nice to see AEG come out and publicly state that (1) they are still ready to move forward with the arena plan with current or new owners and (2) they support the mayor and Sacramento
I do not want anyone named Maloof associated with the new ownership of the Kings. George is the fall guy but that doesn't absolve Joe and Gavin of complicity in my mind. They have poisoned the well so badly that their name is forever tainted. The average guy on the street doesn't understand the distinction between them and, truth be told, neither do I. For all I know, they're playing the world's longest-lasting game of good brother/bad brother.
We've all asked the question on why George gets to overrule Joe and Gavin. Perhaps he's not overruling them. Perhaps it's all part and parcel of how the Brothers Maloof do business. They lie with impunity and don't feel they should be held accountable, much less have to give rational reasons for irrational acts.
Is them retaining a 2% share of the Kings a dealbreaker for me? Nope, but I hope they never make the mistake of occupying their cushy seats or box at STA again. At some point, making excuses for them or forgiving them is no longer possible. For me, that time came after they looked straight into the camera and said they weren't selling the team and they wanted to stay in Sacramento. They reminded me of the emperor who strutted down the street, expecting all the peasants to bow and scrape and compliment him on his incredible new clothes.
Sorry Maloofs, but you're not wearing any clothes and quite frankly, it's not a pretty sight.
ElRey
Starter
I understand everyone's sentiment. But don't lose sight of the FOREST over the trees. If this makes them sell to Sacramento, then you do it.
And that's where I'm at. I want the Kings in town with owners who want to field a winning team and new downtown arena. I'd prefer that the Maloofs be out of the picture entirely, but anything that keeps them here (under new ownership) and out of Seattle is okay by me.
Geoff
Starter
While I can get behind the idea that George is the main punk, the fact is that neither Joe nor Gavin stood up to him in any meaningful way that we have seen. They abdicated their positions, and are thus tarred with the same brush.
Jose
Bench
Unless the deal is that the Maloofs file for relocation to Seattle and the sale is contingent on the relocation being approved?
That would explain the high sale price and why the "Seattle math" includes relocation costs as part of the sale price.
Last edited:
Thanks for posting that. Good to know.
Ryan
I like turtles
The story about KJ flying to NY is now on ESPN
http://espn.go.com/nba/story/_/id/8846577/mayor-kevin-johnson-present-counteroffer-sacramento-kings
http://espn.go.com/nba/story/_/id/8846577/mayor-kevin-johnson-present-counteroffer-sacramento-kings
Glenn
Hall of Famer
I am sure if I sorted through this thread, I would figure out how much a local group has to come up with. Are they buying the Maloofs 53% or the whole team? If it's the whole team, some of the old ownership group might be part of the new ownership group. If it's just the Maloofs part, it's an offer of at least $180 mil if the team is valued at $350 mil. I understand another present owner wants out but the less of the original owners that want out, the better for the whole deal. There must be enough people in the world who would like to own a piece of a team in Sacramento hence my mention of MVP. He wants part ownership and wants a team in California. The fact that this area is almost over run with filipinos (I'm married to one so take no offense) might make this area even a nicer idea for him. He's eager.
It can't be that simple, can it? I think the FACT that there is an arena ready to be built must make this pretty attractive and although I may be one of the few, I think the team has a good future. They just need money and brains in the FO. I'll donate my $100.
In fact it would be cool and, of course, of no use, if KF.com came up with an amount of money and offered to be part owners. Hey, raise a ruckus, right!!!! The fact we are not an organized entity makes no difference as it is the spirit of the thing. We could come up with a $1000 or so and make sure it gets publicized or be part of something that our dear Mike has going.
Edit: Maybe if I read some of the articles it would help me. But I'm lazy. Actually I'm still a bit gassed but this is getting my blood flowing again.
By the way, I am very forgiving of Gavin and Joe.
It can't be that simple, can it? I think the FACT that there is an arena ready to be built must make this pretty attractive and although I may be one of the few, I think the team has a good future. They just need money and brains in the FO. I'll donate my $100.
In fact it would be cool and, of course, of no use, if KF.com came up with an amount of money and offered to be part owners. Hey, raise a ruckus, right!!!! The fact we are not an organized entity makes no difference as it is the spirit of the thing. We could come up with a $1000 or so and make sure it gets publicized or be part of something that our dear Mike has going.Edit: Maybe if I read some of the articles it would help me. But I'm lazy. Actually I'm still a bit gassed but this is getting my blood flowing again.
By the way, I am very forgiving of Gavin and Joe.
- Status
