Yahoo: Kings owners plan "backup" deal with Seattle group: ESPN (Reuters)

Revrag

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(Reuters) - The owners of the Sacramento Kings intend to reject a sale that would keep the NBA team in the city and instead cut a deal that could give a minority stake to investors intent on moving the team to Seattle, ESPN reported on Saturday. The Maloof family, which owns the Kings, has favored selling the team to an investment group led by hedge fund manager Chris Hansen, who wants to move the team to Seattle. ...

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