I have a question, does anyone know what happens if NO ONE owns a Majority share of the team? It occurs to me that perhaps the idea is to buy out the Maloofs with several buyers in order to assure the NBA and the City that the team CAN"T bid for relocation again in the near future because there would be no single owner who could sell a majority ownership.
I also wonder if a big part of the multiple buy strategy is the realization that in order to out bid Hanson (who is over paying), the local guys will have to seriously over pay, not too many single buyers or even a few of them would be willing to drop hundreds of millions into a bad deal, but getting them to lay out a few million for ownership rights, is a much easier pitch.