Term sheet to be announced and other news, rumors, etc.
- Thread starter Tetsujin
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Trueblood
Bench
Exactly. I've always said that one of KJ's major points to the BOG should be how Sacramento would probably have an arena in place if not for the Maloofs.
Kingster
Hall of Famer
And how important brain power is in the process. It's a great day today.
John Galt
Starter
Has somebody with stronger NBA ties than Carmichael Dave committed to this yet?
You won't see anyone with close ties to the NBA make any kind of definitive statement until after the BoG meets unless Hansen withdraws his offer. But, if the offer matches, it would be almost impossible for the NBA to move the Kings after the amount of local/regional support by fans, businesses, government, etc. It would, in the opinion of most "experts," put forth a negative message that could easily reverberate throughout the NBA fan base.
Kingsfan23
All-Star
A lot of people are more confident than me that we can. This is an exorbitant, record 525 for not a highly valued franchise comparatively that we're trying to match, led by a guy whose final offer for his hometown team was I believe worth less.. However Grant says his sources have said this is a formality, and everyone else thinks it will be done so I will go with this tide on this
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Gary
All-Star
The way I see it is this;
1. Sacramento offers the same amount of money that the Maloofs were to get from Seattle.
2. Sacramento has an arena deal in place.
3. Sacramento has the fan support and the local government support.
Basically we would meet (and exceed) every condition that's required to keep the team here. Think of it this way. Let's say if a team like Atlanta, or Portland has an owner come in who wants to move the team when Atlanta or Portland had recently broke ground on an arena, do you think the NBA would allow that new owner to move the team?
Put yourself in the mind of a person with common sense (not saying that you don't have common sence). Why on earth would they go through the entire "team moving process" when you have two identical offers and two arena plans from each city? Not to mention the city where the team is currently has fan support and has been there 30+ years. It makes no sense.
Now if Mastrov does not meet the bid then we could discuss the BOG reasoning, but per Stern's comments, I believe Mastrov will submit an equal bid and we will have the arena deal in place so there really isn't any reason to move the team unless someone wants to be a complete jerk.
Purple Reign
Starter
I have heard this before, "if" Mastrov does not meet the bid. This is just a general question, but speculation is that Mastrov/Burkle is worth a combined 4.5 billion dollars. Both gentleman have a passion for professional sports; one is a current sports owner, the other desperately wants to be one. Why would they not meet the offer?
Is there a legitimate reason why both men would go through the hassle of coming to an agreement with a city for an arena, and not meet the asking price for the team? Particularly when we are talking about a few million. I know it is not my money, but matching Seattle's bid should be the least of their issues.
Gary
All-Star
I believe personally that they will meet the bid, and from what Stern said this should be a non-issue.
So it comes down to this;
Would an owner vote to move the Kings with the same offer as the city that wants them, with an arena deal in place, fan support and a 30 year history (not to mention it being one of the original NBA teams)?
Nobody with any sense would vote to move the team. But with the Maloofs getting a vote you never know if there are other "Maloof" type owners out there who don't mind screwing over a city that has all of the above.
Apparently now it is 3pm.
Gary
All-Star
Does Seattle already have the term sheet for the arena?
I was also thinking that KJ can bring it up to the BOG how quickly we got the Arena/owner issue resolved. That would at least give them an idea of what we had to deal with over the past 6-8 years. Maybe they will realize it wasn't entirely our fault that the arena wasn't built earlier.
I was also thinking that KJ can bring it up to the BOG how quickly we got the Arena/owner issue resolved. That would at least give them an idea of what we had to deal with over the past 6-8 years. Maybe they will realize it wasn't entirely our fault that the arena wasn't built earlier.
Bibbilicious
Bench
Is there a website we should be looking to for the details when the sheet is released??
Tetsujin
The Game Thread Dude
Open house at city hall 5:30-7:30
HndsmCelt
Hall of Famer
That is a little misleading. Seattle does have an understanding to build the arena IF an NBA team is signed and committed. BUT there is still not an entirely clear path for their arena and no signed contract. There is a lawsuit over the lack of environmental impact study for the arena, and the Longshoreman's Union is appealing the judges decision in their suit claiming there was/is no alternative site and property was inappropriately approved for the Arena.
whozit
Starter
Bibbilicious
Bench
Isnt it a conflict of interest if this third guy has a stake in the warriors too??
whozit
Starter
Dreamtiger
G-League
The Sac Bee blog says that there is connection between Stern and Ranadive-- Stern provided a positive review/quote for one of his books. I'm not sure how often Stern does this but it's certainly a good sign.
Tetsujin
The Game Thread Dude
The more important thing is that is already within the NBA fellowship. Owners usually want to do what's best for other owners... unless they're Maloofs.
I agree. This is a GOOD sign!!!
Bibbilicious
Bench
As long as he doesnt try to bring the warriors new t shirt uniforms with him Im all for it! 
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