FanPost

The Maloof Reign of Bullshit is Almost Over




First off we all know the Maloofs are not professional in any sense of the word and would much rather perpetuate a personal vendetta against a city than take the high road and behave respectfully. It's like a child where reason just does not work and they will do anything to get their way...even if it makes no sense. This, however, can only last so long. The road is ending for the Maloofs. They have very limited power. Any leverage they have is because of their allegiance with the H/B/N group. That being said, I feel that their loathe for Sac is only half of the reason why they want to sell to Hansen so badly. I personally feel that they have some sort of behind the scenes deal with H/B/N which in some way puts them in a better financial situation. The fact of the matter is, the Maloofs won't actually be getting much money after they pay back their loan to the nba. If they are getting 350 mill for the kings they will have to give 125 mill of this to the nba for their loan and 77 mill to the city of Sacramento. This is over half of what they are getting from the deal. I feel that the Maloofs are extremely desperate for money right now and every dollar counts for them at the moment. The higher price the H/B/N is paying will definitely help them out of their hole. Also, as I previously stated I feel as though there is something that sweetens their deal with the H/B/N that isn't documented. Maybe someone in the H/B/N has agreed to loan the Maloofs money in their next venture (we all know they probably have horrible credit at this point) and this is why they want to deal with them. Or maybe the H/B/N will actually give them some under the table money. Either way it does not matter what the Maloofs want. It is ALL up to the NBA and the other owners.
The NBA has DEFINITIVELY shown they DO NOT want the kings to leave. First, they did not have to leak the relocation vote--but they did entirely on their own accord. Secondly, the vote was UNANIMOUS. This means there was no doubt in that meeting and the sentiment is very strong to keep the team in Sac. Third, the BOG has actually corrected false reports saying that the vote was actually 4-3. Again they did not have to do any of these things and in most situations they would not speak of their inner workings and the only way we know what's going on is because it leaks. Very rarely are their "official nba press releases" and they released a statement right after the vote that the vote was unanimous. Also we can see the general thought process of the majority of owners based on Arrisons DMs. Again, the owners are really the ONLY thing that matters. Once they are on our side (which they are) the rest of the process is just a matter of time.
This process only has a few possible endings at this point. The NBA will deny both relocation and both of the deals with H/B/N on May 15th every single sign points to this. Anyone who thinks other wise is a FOOL. The sentiment of the NBA is beyond clear. After this the scenarios are as follows:
1: The Maloofs see the light and grow up (doubt it) and see that the NBA is not going to approve a relocation and they also realize that the value of the kings is only going to drop after this whole situation ends and they agree to sell to Vivek and co. Easy. Done. Get ready for the Golden Age of the Kings and enjoy some actual basketball.
More likely is that the Maloofs retain their toddler-esque stubbornness and don't sell to Vivek. At this point Stern puts the hammer down. And there are a few ways this can go:
2: If he is able to (based on the details of the original agreement) he calls upon the loan the maloofs owe the NBA and the Maloofs are not able to pay. This forces them into bankruptcy and the nba takes over the kings in the same way they took over the hornets and sell to Vivek.
3. If Stern cannot call upon the loan yet, he will utilize the best interest clause we have been hearing about. This will be a court proceeding and any half way component judge will see that the Maloofs are definitely not acting in the best interests of the NBA and they will be forced to sell. Any appeal to the BoG will be futile as they are on Sacs side.
The above two scenarios both likely involve the Maloofs making a lot less money than if they would simply just choose the first scenario and sell to Vivek and get as much as they can while they still can.
It all boils down to timing at this point. The Maloofs can hold up this process a considerable amount but they are on a very short leash. The other owners want them out and the NBA is completely over them as owners. Hang tight everyone, we have won the BoG and that means we have won the war. All we can hope for at this point is that the Maloofs' greed out weighs their stubbornness/bitchiness and they see that the most lucrative way out of this is by selling to Vivek.

(This is a FanPost from a member of the Sactown Royalty community. The views expressed come from the member, and not Sactown Royalty staff.)

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