Thank You, Mr. Adam Silver

[TyFreak Evans]

Great read....

http://www.sbnation.com/nba/2013/10/22/4867044/scramento-kings-stay-adam-silver

 

[VF21]

From the article (which is titled "Adam Silver reportedly delivered key message to keep Kings in Sacramento":

...Silver listened as debate raged between NBA owners, a phalanx of lawyers and Stern; the point of contention was whether ownership would allow the Sacramento Kings to be sold to a group that would move the team more than 625 miles north to Seattle. In the balance was an astounding franchise price of $406 million, along with a relocation fee rumored to be around $75 million, which would be split among ownership.

None of that mattered to Silver as he surgically cut through the posturing, pushing to keep the Kings in California and sending a message to owners and the fans about the importance of franchise stability.

 

[John Galt]

I enjoyed the article but was surprised when it said the local group had to refund hansens $30M among other things. I read or saw an interview with Hansen about a month after where he denied having been paid back the $30M. He said something like "I have to decide how far to push without sueing" or words to that effect. Has that loop ever been closed? Or was Hansen....gasp.... Lying???

 

[Kingsfan23]

I enjoyed the article but was surprised when it said the local group had to refund hansens $30M among other things. I read or saw an interview with Hansen about a month after where he denied having been paid back the $30M. He said something like "I have to decide how far to push without sueing" or words to that effect. Has that loop ever been closed? Or was Hansen....gasp.... Lying???

I'm interested in that too.. But it didn't sound to me like the author of that article definitively knew for certain or was somewhat postulating

 

[bajaden]

I'm interested in that too.. But it didn't sound to me like the author of that article definitively knew for certain or was somewhat postulating

What did you call me?

 

[John Galt]

What did you call me?

Are you drew garrison? If so, how sure are you about the $30M refund to Hansen? Like unsaid, Hansen was denying having received it - I think it was an interview on Seattle TV - the same one where he said the whole thing made him sick to his stomach and that he would not be in a predator position again. I don't have a link sorry.

 

[Gary]

I thought that was not physically paid off but it was deducted from the sale price or something? Not sure how it worked out.

 

[VF21]

Sometimes the ability of one comment to totally derail a thread astounds me. Other times, not so much.

I do believe Hansen received recompense for the $30 million. The important thing here, IMHO, is that it's pretty obvious Silver's feeling for Sacramento is as deep as Stern's. Certainly doesn't hurt to know the new commissioner will be as supportive as the current one.

 

[Kingsfan23]

It was always my belief, although ofcourse I never knew for certain, that we paid the full valuation for the team AND the Maloofs kept the 30 million, which is why they went away so easily. Infact I thought that was the point of HBN at the last minute raising his valuation to 600+ mil, because in reality that is the figure that needed to equal Sacramento's bid given fees for moving the team and the extra 30 mil that the Maloofs would pocket if it went Sacramento's way. Pay no attention to any of that, just rambling

 

[Kingsfan23]

http://live.wsj.com/video/stern-kin...98.html#!29840C18-F728-41D4-B332-E8CDF4814498

2:10

Here Stern says the 30 mil was never refunded

 

[ninjabiscuit]

On topic 1: Thanks to Mr. Silver!

On topic 2: I read somewhere that the owners offered Hansen the $30M and he turned it down. I remember because I was surprised at the time.

 

[Kingsfan23]

On topic 1: Thanks to Mr. Silver!

On topic 2: I read somewhere that the owners offered Hansen the $30M and he turned it down. I remember because I was surprised at the time.

Yeah, the NBA did offer to make Hansen whole, but he decided to bribe them for goodwill on future considerations, which is why I don't feel sorry for his loss

 

[KingMilz]

I will thank him once he rigs the lottery for us so he can make $$ from the expansion into India the Kings are leading.