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...but all you need to know is this: now, practically the last thing standing in the way of an...

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...but all you need to know is this: now, practically the last thing standing in the way of an arena rising on the site is Hansen finding a team to buy and move. Well, that and the Mariners... Last month it emerged that the team has funded opposition to the arena plan, including paying for a survey showing residents were against publicly financing an NBA arena.

Deadspin's Barry Petchesky: Why The Mariners Are The Biggest Opponents Of A New NBA Arena In Seattle

The Maloofs owe about $70 million to the city of Sacramento and well over $100 million to the NBA,...

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The Maloofs owe about $70 million to the city of Sacramento and well over $100 million to the NBA, and a sales price in excess of $400 million is needed to give the 43 percent stakeholders an easy way out of Dodge. Considering the franchise is valued at $300 million by Forbes, which is a generous valuation, Hansen would need to hope that the bump of moving to a larger market in Seattle and owning land near the arena would justify the inequity there if he plans to meet the family’s needs. But more importantly, when you factor in a relocation fee, which sources tell me will be assessed to give Sacramento buyers a fair shot at buying the team, Hansen could be looking at $500 million or more to buy the Kings. After paying $300 million and counting to build an arena, that’s approaching a billion dollars to get in the game. It’s possible that the man known for his patience will wait for a less toxic situation to pop up, and it’s fair to wonder now if the league would reconsider expansion now that multiple cities have expressed interest in NBA clubs.

Aaron Bruski, NBC Sports Emphasis is mine. I definitely recommend reading the entire article.

How do you finish last, by a landslide, in fan voting for owner honesty? For the Kings' brother...

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How do you finish last, by a landslide, in fan voting for owner honesty? For the Kings' brother bosses, Gavin and Joe Maloof, it takes six easy steps: 1)Play footsie with Anaheim, where city officials and Ducks owner Henry Samueli offered to help you relocate. 2)Withdraw your plans, in part because local Sacramento businesses pledge to keep you in town. 3) Strike a deal with Mayor Kevin Johnson to build a $391 million arena in the Sactown rail yards, with the city paying up to 255 million, and the NBA footing a 67 million loan to help cover the rest. 4) Cry in public when announcing the deal. 5)Triumphantly hold the mayor's hands aloft at the first Kings home game after the deal. 6)Back out 6 weeks later. I was reading through the mag, trying to find something on the negative about the Magoofs and was pleasantly surprised to find this article on page 56. There is more but its good to see that a national sports magazine has the correct gist of things

ESPN the Magazine, page 56, best and worst owners in all of sports, Maloofs ranked 122/122.

Rich ‏@RichB702 @aaronbruski Says Maloofs and reps were at Westin town center nearly a month...

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Rich ‏@RichB702 @aaronbruski Says Maloofs and reps were at Westin town center nearly a month negotiating.

Via Twitter Not to go all sky is falling...but what the hell is this?

Francisco Garcia "is available (in a trade) and has been for some time," according to Hoopsworld's...

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Francisco Garcia "is available (in a trade) and has been for some time," according to Hoopsworld's Steve Kyler. ------------------ Garcia has a $6.1 million salary in 2012-13 and then a team option for $6.4 million in 2013-14, so he's essentially an expiring contract for a team that wouldn't want to keep him beyond this year. However, we can't imagine there is much of a market for him due to his consistent battles with injuries and his subpar 2011-12 season when he averaged just 4.8 points and 2.0 rebounds on 37.6 percent shooting in 16 minutes per game. Source: Hoopsworld Aug 30 - 10:44 AM E.T.

NBA free agent Donte Greene suffered an ankle fracture while working out in Charlotte last...

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NBA free agent Donte Greene suffered an ankle fracture while working out in Charlotte last Saturday, his agent Chris Luchey tells Y! Sports.

Marc Spears

"Sources within the Kings organization also say the Maloof brothers, who own the team, have plans...

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"Sources within the Kings organization also say the Maloof brothers, who own the team, have plans to keep the team on the west coast."

Report from WAVY.com, VB's NBC affiliate. Interesting choice of words, but it could very well be just a sloppy retelling of previous reports that the Maloofs are "committed to Sacramento".

"If [Serge Ibaka] sticks around and remains mad, though, it is my fervent hope that the United...

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"If [Serge Ibaka] sticks around and remains mad, though, it is my fervent hope that the United States fights fire with fire in the years ahead and deploys its most dangerous and enticing weapon: DeMarcus Cousins. Big, mad and gifted is a hell of a way to go through life, y'all." We got a shoutout y'all!!! #fridays

Serge Ibaka was very upset during Olympics, ‘will not return’ to Spanish team without increased role

"Eventually, winning solves all of these issues. And I wouldn’t be in this business if I didn’t...

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"Eventually, winning solves all of these issues. And I wouldn’t be in this business if I didn’t think we would win. I’ve lived the American Dream, and I’m blessed financially. If you’re looking for a return on your investment, this would be one of the worst-performing businesses possible. That’s not why I bought the team. It’s a competitive challenge. I want to win." Must be nice to have an owner that sees things in this way...

http://sports.yahoo.com/news/nfl--jaguars--rookie-owner-shahid-khan-is-a-veteran-when-it-comes-to-riled-up-workers-like-mjd.html

Hall of Famer Isiah Thomas working with Kings Isaiah Thomas on Saturday in Los Angeles.

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Hall of Famer Isiah Thomas working with Kings Isaiah Thomas on Saturday in Los Angeles.

Marc Spears Twitter
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