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(PhatzRadio / AP) — The NBA’s Board of Governors voted at a meeting in Dallas on Wednesday to reject an investment group’s effort to relocate the Sacramento Kings to Seattle for the 2013-14 season. NBA commissioner David Stern told reporters that the Board followed the lead of the league’s Relocation Committee, which unanimously recommended in [...]
(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 [...]
(PhatzRadio / AP) — The battle over an arena for the Sacramento Kings has taken yet another unpleasant turn. Chris Lehane, executive director of Think Big Sacramento committee established by Mayor Kevin Johnson, has asked U.S. Attorney General Eric Holder to investigate the Maloof brothers who own the team. In response, Eric W. Rose, the [...]
(Sacramento Mayor Kevin Johnson reached a tentative deal with the Maloofs and the NBA on a financing plan for a new Kings arena. AP) (PhatzRadio / SI) — Building a new arena for the Sacramento Kings has never been closer to reality. The city, the Sacramento Kings and the NBA announced a tentative deal Monday [...]
Head coach Paul Westphal of the Sacramento Kings points to his bench during their game against the Chicago Bulls at Power Balance Pavilion on December 29, 2011 in Sacramento, California. (December 28, 2011 – Photo by Ezra Shaw/Getty Images North America) SACRAMENTO, Calif. (AP) — If the Sacramento Kings stood any chance at success this [...]
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