(Reuters) - A Seattle investor group vying to purchase the Sacramento Kings basketball team has vastly increased its offer to buy the franchise to wrest momentum away from a Sacramento group that wants the team to stay in California. Hedge fund manager Chris Hansen, who wants to move the team to Seattle, posted on his website that his group's new offer would now value the team at $625 million, up $75 million from a prior offer. (Reporting by Sharon Bernstein in Los Angeles and Eric M. Johnson in Seattle; Editing by Cynthia Johnston)
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