Yahoo: Sacramento mayor says working to keep basketball's Kings in town (Reuters)

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(Reuters) - Sacramento's mayor has won consent from the NBA to submit a proposal that would keep the Sacramento Kings from leaving town, a spokesman said on Tuesday, amid reports that an investor group was looking to buy the team and move it to Seattle. Kevin Johnson, speaking at his annual State of Downtown Breakfast on Tuesday, said National Basketball Association Commissioner David Stern had approved his request to present a counteroffer to the league from a group of investors who would keep the Kings in the California state capital, spokesman Daniel Conway said. ...

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