FanShot

Seattle Group Offering Less Than Reported $525 Million?

"As for Seattle, the ownership group led by Chris Hansen has made an offer to the Maloofs, but NBA sources said the amount is short of the reported $525 million." Hmm... Although the article does continue on to say that "According to Forbes Magazine, the Kings are the 23d most valuable NBA team at $300 million, so it’s highly unlikely the Hansen group would offer nearly twice that," meaning that the Globe is apparently unaware of just how badly Hansen wants an NBA team in Seattle.

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