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Sacramento Kings sale: News, reaction and more
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June 16, 2013
Behind the Scenes on Keeping the Kings
Now that the Kings are staying in Sacramento, the Bee was able to reveal some of the information hiding behind the various smokescreens of the Sacramento-Seattle saga.
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May 31, 2013
Sale of Kings is Final
The Maloof Family closed escrow on a deal to sell the Kings to Vivek Ranadivé today. The deal is based on an NBA record franchise valuation of $534 million.
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May 19, 2013
Letter to Vivek from Here We Stay
Embarking on the new era of the Sacramento Kings together.
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May 18, 2013
Sacramento decision cost Maloofs ... $4 million
There was a clause in the Maloofs' deal with Chris Hansen that made the two payouts to the family similar.
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May 17, 2013
Thank you, Chris Hansen and the Maloofs
Sacramento's dawn wouldn't have happened without a spark.
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May 16, 2013
Sold!
The Sacramento Bee has broken the news that the Maloofs have agreed to sell their majority share of the team to the Sacramento group led by Vivek Ranadivé for $535 million. The official announcement will come tomorrow.
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May 16, 2013
Vivek, Maloofs reportedly working on deal
The next owner of the Sacramento Kings expects to reach a deal in the next few days. Lawyers for the two sides exchanged documents on Wednesday.
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May 15, 2013
Showing Hansen and Ballmer the light
Are Hansen and Ballmer seeing the light of the Maloofian sun?
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May 14, 2013
George Maloof and the NIMBYs
George Maloof gives one of his longest interviews in the past year to Bryan May, and two anti-arena groups reveal their plans to try to stop the development of a downtown Entertainment and Sports Complex.
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May 14, 2013
Hansen-Ballmer Bid Dissolves if Relocation Denied
The Bee's Ryan Lillis went on the Carmichael Dave Show today and introduced a fascinating bit of news, straight from an NBA memo...
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May 14, 2013
Ballmer's rampage
Ballmer has slowly taken control of Seattle's messaging and strategy, according to Aaron Bruski. That's probably not good for anyone.
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May 13, 2013
Relocation Committee Stands Firm
Despite recent efforts by the Hansen-Ballmer group to sweeten their offer, the NBA's relocation committee stood by their original recommendation to keep the Kings in Sacramento.
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May 13, 2013
Maloofs may still take Ranadive deal
If the NBA rejects Seattle's pleas, the Maloofs have not ruled out selling the Kings to Vivek Ranadive.
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May 11, 2013
Report: Maloofs Won't Sell to Vivek, Have Plan B
A day after the Seattle group led by Chris Hansen raised their bid in a last second attempt to change the NBA's mind on approving the sale, the Maloofs reportedly play their own cards.
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May 11, 2013
Imagining bigger NBA team value gains
The argument is that the Kings going for a higher price raises all boats in the NBA. But there's a different consideration to make for some owners.
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May 10, 2013
Hansen Raises Bid to $625 Million
The Seattle Group makes a big play leading up to the Board of Governors Meeting on May 15th.
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May 9, 2013
Heat owner explains Sacramento vote
Micky Arison, the owner of the Heat and CEO of Carnival Cruises, engaged with a Seattle fan through Twitter Direct Messages, apparently. And Arison defended his vote in favor of keeping the Kings in Sacramento.
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May 8, 2013
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.