RealGM

Wouln't it make more sense if he was the owner of the Kings instead of Mastrov? Forbes has him estimated at $3.1 Billion. Does this mean Burkle will only own the new arena?

He'll be part owner, but Mastrov will be the face behind the franchise. Why would he just put up $$$ for the arena and have no stake in the team?

I didn't realize the Maloofs were in a contract with Burkle and Mastrov? Last I knew the Maloofs and Hansen had a signed agreement the BOG was voting on.

Go away

I read an article about burkles bid for AEG, which owns a percentage of the Lakers (30% I believe?), would be a reason why he couldn't own the Kings. You can't own percentage in different teams.

RIPskaterdude wrote:He'll be part owner, but Mastrov will be the face behind the franchise. Why would he just put up $$$ for the arena and have no stake in the team?

So we'll have two owners? Why not just one like most others?

^^most teams have minority owners, the person who owns the largest pieces of the pie is generally viewed as the face of the ownership group. Currently the maloofs only own something like 65% of the kings franchise but it's the controlling interest so they are the face of the owners.

Will the Maloofs sell to this group? They said they wouldn't & with a smaller offer than Seattle I see trouble brewing. The damn Maloofs might just keep the team. Will find out in April, but I have a feeling the Kings are gone.

kevin44 wrote:Will the Maloofs sell to this group? They said they wouldn't & with a smaller offer than Seattle I see trouble brewing. The damn Maloofs might just keep the team. Will find out in April, but I have a feeling the Kings are gone.

The Maloofs have said that they would entertain "backup" offers.

Anyway, I have a feeling that there'll be a lot of Sonics fans crying that Stern screwed them again come April.

No matter what role Burkle ends up having, glad he is still part of this process.

Burkle should have a bigger role

Sacballer916 wrote:Burkle should have a bigger role

I don't know, considering how much the Maloofs reportedly hate Burkle, keeping him in the background is probably a good thing.

Inigo_Montoya wrote:

Sacballer916 wrote:Burkle should have a bigger role

I don't know, considering how much the Maloofs reportedly hate Burkle, keeping him in the background is probably a good thing.

Plus, Burkle seems to be a behind-the-scenes type of owner. Mastrov has the ultimate basketball fan personality that all fans hope for in their owner (Mark Cuban).

It doesn't really matter who has the bigger share in the team, they are both contributing to both ownership and the arena.

I like that they are split and am just as much interested in the downtown plan as I am keeping the Kings. Lets face it. Downtown sucks!

Burkle to Mastrov is like Ballmer is to Hansen.

I think that the reason Burkle is heading up the arena charge is because he sees the arena as his most likely place to make money. We won't know for sure until details come out, but I bet Burkle is going to be in charge of running the arena on a day to day basis and will make money from that. I don't think he sees any profit to be made from buying the Kings at the price they are going to have to pay. Burkle is a smart business man and I think taking charge on the arena is a business decision.