News

Hansen Raises Bid to $625 Million

The Seattle Group makes a big play leading up to the Board of Governors Meeting on May 15th.

Sac Group Asked to Deposit 100%

The Sacramento Bee is reporting that the Sacramento group led by Vivek Ranadivé is being encouraged by the NBA to place the full $341 million into escrow in order to persuade the Maloof family to sign a deal with them.

Sacramento Group Offers Concessions to NBA

A new report by the Sports Business Journals details the substantial lengths the potential Sacramento Kings ownership group has gone to in order to prevent the Kings from moving to Seattle.

HERE WE STAYED

After months of worry and angst, the saga is coming to an end as owners reject relocation once more.

Recommendation Coming Monday

The fate of the Sacramento Kings could very well be decided by 12 owners on a conference call on Monday.

Little Clarity on Kings Future After BoG Meetings

The two day Board of Governors meetings concluded today and while the Sacramento Kings were a topic of discussion, an answer on the future of the Kings still appears to be a while away.

Maloofs Prefer Seattle Offer

As the first day of full meetings for the NBA Board of Governors wrap up, the Bee reports that the Maloof Family continues to prefer Seattle's offer for the Kings.

NBA Decision on Kings Still Weeks Away

The NBA super-committee in charge of deciding whether or not the Sacramento Kings should be sold and relocated to Seattle or not held a meeting today before the end of season Board of Governor's meetings.

Sacramento Adds Two More Investors for Kings Bid

The Sacramento Bee reports that two more investors have joined Sacramento's group: Naren Gupta and Andy Miller. The Bee also details Vivek Ranadivé's plans to make the Sacramento Kings a global brand.

Seattle Group Increases Bid for Kings

The Bee's Tony Bizjak reports that the Hansen-Ballmer is contemplating increasing their bid for the Sacramento Kings by $25 million after the Sacramento group led by Vivek Ranadivé indicated they would match Seattle's offer.

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