Sacramento Kings Will Likely Stay In Sacramento

4/29/13 in NBA   |   natsaar   |   160 respect

Apr 17, 2013; Sacramento, CA, USA; Sacramento mayor Kevin Johnson looks on during the game against the Los Angeles Clippers at the Sleep Train Arena. The Los Angeles Clippers defeated the Sacramento Kings 112-108. Mandatory Credit: Ed Szczepanski-USA TODAY SportsPoint, Kevin Johnson!
 
The mayor of Sacramento has been doing everything in his power to keep the Sacramento Kings in his city, and it seems like he may have pulled it off.
 
On Monday, the NBA’s relocation committee took a unanimous vote about the issue of relocating the team to Seattle. They decided to recommend that the NBA Board of Governors reject the application for relocation.
 
The 30 NBA owners will vote on May 13 but are expected to follow the recommendation.
 
However, it’s not clear who will own the Kings. According to Antonio Gonzalez of Yahoo! Sports:

“The Maloof family reached an agreement in January to sell a 65 percent controlling interest in the team to a group led by investor Chris Hansen at a total franchise valuation of $525 million, topping the NBA-record $450 million that Joe Lacob and Peter Guber bought the Warriors for in 2010. Then Hansen increased his offer to $550 million, which implies buying the 65 percent stake for about $357 million.”


The mayor of Seattle, Mike McGinn isn’t going down without a fight though and said:

''I'm proud of how Sonics fans have rallied together to help Seattle get a team. going to stay focused on our job: making sure Seattle remains in a position to get a team when the opportunity presents itself.''


So it’ll be another two weeks before Kings fans can rejoice having their team stay in the city, though there’s always a chance it could be undone.
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4/30/13   |   CP43   |   294 respect

orangemen90 wrote:
So what this team is to get lucky in the NBA draft and maybe then they will have a .500 record..Free agents don"t' go their...In 10 years the will just still be a losing team in an aging arena with empty seats... oh yeah a new aging arena.... but still a bottom feeder in the NBA... That's what the committee voted for...keep a team down...

Sacramento fans are mourning now because their team will STAY in Sacramento

4/30/13   |   orangemen90   |   5785 respect

So what this team is to get lucky in the NBA draft and maybe then they will have a .500 record..Free agents don"t' go their...In 10 years the will just still be a losing team in an aging arena with empty seats... oh yeah a new aging arena.... but still a bottom feeder in the NBA... That's what the committee voted for...keep a team down...