Moderator: Cactus Jack
wiff wrote:So the BOG vote is on the 20th right?
DJRajX wrote:The wait for the final decision will be over soon enough... thank goodness
OzSonic wrote:DJRajX wrote:The wait for the final decision will be over soon enough... thank goodness
I noticed Gold Coast Suns in your sig. May I ask why?
One owner late last week indicated a willingness to support the Sacramento bid if the Ranadive group actually and officially puts down the same $30 million non-refundable deposit for the team that the Hansen group made in January.
"I think if they came up with the certainty of a deposit, for me, as an owner, that would be a compelling bid," said the owner, who obviously has to remain anonymous. "They're plenty capable. If they put a deposit, that makes it more compelling."
A second owner echoed that sentiment, saying that the two bids were essentially equal. He said this before the disclosure of the increased valuation of the Seattle offer was made public.
The first owner also expressed concerns about Seattle's ability to follow through on its agreement with Hansen's group to build an arena in Seattle's South of Downtown (Sodo) area, right next to where Major League Baseball's Mariners play at Safeco Field.
"This is a good group of owners," the owner said of the Hansen group. "They've stepped up. They'll build a building. But on the other hand, why didn't the city step up before?"
Another team's executive, however, favors the sale to Hansen and the move to Seattle, citing the binding deal the Maloofs made with the Hansen group.
"He has a deal that is not contingent on anything," the executive said. "But there's no basis to turn one down other than you want to move it to Seattle and we don't want you to."
The executive also said the economic and demographic dynamics are "more progressed" in Seattle.
"The work they've done already kind of speaks to the level of commitment of the group," the executive said. "If that group says they're going to do something, you can kind of rest assured that they will. If the question is what will be the best place to be for the next 25 years, it favors Seattle.
"They've got a site that's assembled and they're ready to go. They've been working on it for a year and a half. And now [in Sacramento] you've got an ownership group cobbled together, and they don't really know each other."And all three team execs, including the Sacramento supporters, expressed concerns with keeping the Kings in Sacramento because of the revenue-sharing issue. Over the next two seasons, the amount of teams getting money is expected to nearly triple, up to $16 million annually by the time the new revenue sharing plan is fully implemented in 2014.
"The one thing that could factor in to owners in the big markets is that Sacramento is a revenue-sharing recipient," one of the owners said. "Seattle probably wouldn't be."
The executive who favors Seattle echoed that sentiment.
"The bigger markets will be moved by which city has the best likelihood of being successful, and a lower likelihood of having to be supported," the exec said.
DJRajX wrote:OzSonic wrote:DJRajX wrote:The wait for the final decision will be over soon enough... thank goodness
I noticed Gold Coast Suns in your sig. May I ask why?
Sure. About 4-5 years ago I started watching footy/Australian football. A game aired live late night on ESPN 2 randomly and I found it interesting. So I started watching it more on stream on my laptop whenever I had the chance. I decided I wanted to root for a team, but most of the teams were well rooted in 50, 60, 70+ years of rich history. I wanted a team that was fairly new to follow, since I'm a new fan. The Gold Coast Suns are an expansion franchise from a few years ago, and I've been following them ever since.
Btw I'm not Australian, I live in the U.S. Plus I don't know many folks in the U.S. that watch footy.
Pretty much everything in my sig is what I follow/cheer for (e.g., I follow James Stewart [right logo] during FIM or AMA Motocross/Supercross events.).
OzSonic wrote:DJRajX wrote:OzSonic wrote:
I noticed Gold Coast Suns in your sig. May I ask why?
Sure. About 4-5 years ago I started watching footy/Australian football. A game aired live late night on ESPN 2 randomly and I found it interesting. So I started watching it more on stream on my laptop whenever I had the chance. I decided I wanted to root for a team, but most of the teams were well rooted in 50, 60, 70+ years of rich history. I wanted a team that was fairly new to follow, since I'm a new fan. The Gold Coast Suns are an expansion franchise from a few years ago, and I've been following them ever since.
Btw I'm not Australian, I live in the U.S. Plus I don't know many folks in the U.S. that watch footy.
Pretty much everything in my sig is what I follow/cheer for (e.g., I follow James Stewart [right logo] during FIM or AMA Motocross/Supercross events.).
No offence but I hope both the expansion teams have little to no success in their existence. Both teams have been gift wrapped the best players and free agents in a market that doesn't support AFL. It's clear they want both of these teams successful and quickly because they want to eat into NRL territory. Meanwhile Tasmania, a state which loves AFL is left out in the cold.
I support the Western Bulldogs by the way. My team has been raped by the uneven Salary Cap and lost 2 very good players to the expansion clubs.
Oh BTW. Sacramento added another 2 investors.
No worries, I'm sure GC Suns will still encounter several more Wooden Spoon awards in the near future than actually attaining winning seasons. 
Those first two seasons were dreadful. It'll be a long time before they get any merit and any better.
Chris Daniels @ChrisDaniels5 29m
RT @dakasler: Judge Klein says he will approve 7% sale of #NBAKings to Hansen notes 'there is literally no competition" from other bidders.
Chris Daniels @ChrisDaniels5 4m
BREAKING: Source says Seattle City Leaders to announce formal Key Arena agreement with Chris Hansen.
Chris Daniels @ChrisDaniels5 3m
BREAKING: Key Arena Deal between Hansen/City calls for minimum of $3 million in permanent investments, and guarantees $2m annually.
Chris Daniels @ChrisDaniels5 2m
BREAKING: Key Arena Deal between Hansen/City will allow some seating upgrades, locker room, club improvements, tech upgrades.
Chris Daniels @ChrisDaniels5 2m
BREAKING: Hansen had indicated to owners during league presentations earlier this month that deal was already done. This will be formal step
bennith13 wrote:This needs to end. What is the NBA doing. Neither side deserves this thing dragging out. Stern may not be a fan of anything but for those of us that are emotionally invested in some way or another this story needs to end sooner rather than later.
Supersonics41 wrote:bennith13 wrote:This needs to end. What is the NBA doing. Neither side deserves this thing dragging out. Stern may not be a fan of anything but for those of us that are emotionally invested in some way or another this story needs to end sooner rather than later.
Speculation is delay is over talk of expansion.
Sweezo wrote:Supersonics41 wrote:bennith13 wrote:This needs to end. What is the NBA doing. Neither side deserves this thing dragging out. Stern may not be a fan of anything but for those of us that are emotionally invested in some way or another this story needs to end sooner rather than later.
Speculation is delay is over talk of expansion.
Just seems like more time to let Sacramento try to put a matching bid together IMO. But I'm confused...I've seen tweets saying McGinn confirmed Stern told him there wouldn't be a vote on relocation this week. Does that also mean no vote on the sale either? I know that seems like splitting hairs but they are two different things even if one presupposes the other.
DJRajX wrote:All good.
Det the Threat wrote:So they just now remembered that there's a bylaw that states having to wait at least 7 and most 30 days after the committees presentation to vot on this thing?
Anyways, will be an "interesting" ride going on but I think there'll be some leaks starting this weekend at the latest.
Chris Daniels @ChrisDaniels5 1h
JUST IN: Source involved in #NBAKings negotiations says Sacramento counter bid, “non-binding”, involves “no earnest money”, & does not match
Chris Daniels @ChrisDaniels5 23m
NBA BOG Chair Peter Holt- expansion not off the table.
Dale Kasler @dakasler 10m
RT @Ryan_Lillis Stern: committee will meet again late next week, then make #NBAKings recommendation. Final BOG vote 2-3 weeks away
Det the Threat wrote:In may? Are they f**in insane?
What a joke this has become...
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