The Sacramento Bee reports that Bob Cook, former minority owner of the Kings, has brokered a meeting for Mayor Kevin Johnson with Larry Ellison, the third richest man in the United States.

The Sacramento Bee reports on a possible snag in the deal between the Maloof Family and the Hansen-Ballmer group. A Bankruptcy Attorney overseeing Robert Cook's 7% share claims that a first right of refusal exists in the partnership agreement.

The big partners were not revealed today, although the mayor says that there has been "considerable progress" on that front and that he hopes to reveal them next week.

A day after revealing 19 local investors, Mayor Johnson has called another press conference, this time to discuss the "whale".

Sam Amick reports that Ron Burkle and Mark Mastrov may join forces as the large equity partners the city of Sacramento has been looking for to finance a bid for the Kings and a new arena.

Mayor Kevin Johnson held a press conference in which he unveiled 19 local investors who would partner with a large equity "whale" to try to keep the Kings in Sacramento. The 19 investors have each pledged $1 million.

California Senate President pro Tem Darrell Steinberg makes the fight political by targeting Microsoft CEO Steve Ballmer in a letter to the California Department of General Services.

In a press conference in London, NBA commissioner David Stern speaks a little bit about the Sacramento situation.

David Aldridge reports that it appears that the Kings are headed to Seattle despite Sacramento's best efforts. To David Aldridge I say, you haven't seen Sacramento's best efforts yet.

Scott Howard-Cooper reports that there are strong indications that a handshake deal between the Maloofs and Seattle's group has not happened and further that the Maloofs have not stopped talking to other potential buyers.