Oh God no. Sold to Seattle owners?

[boogie-reke]

Breaking News:

The Rock to appear at Kings final home game.

[youtube]http://www.youtube.com/watch?v=fOSpU29FS_w[/youtube]

get the **** out.

[Jukeness]

Really too bad for your guys' team, also too bad that the Kings have struggled for the last 6-7 years. Will always remember my favorite Kings player Mitch Richmond, dude had a sweet jumpshot. I will say I'm glad Seattle is getting a team, always liked them, it's just too bad it's at the expense of another team and their fans.

[boogie-reke]

OK mayor KJ, balls in your hands with 10 seconds left on the shot clock and you're down by 1. I say dunk it on their ass!!

I think it's more like down by 3 and need a Larry Johnson 4 point play to save the day But if anyone can do it, it's Sacramento.

[pillwenney]

So what was the point? They might as well have just gone ahead and moved them down to Anaheim like they wanted to do initially. What was the point in staying here for a couple extra years, acting like they actually GAVE A DAMN about the city or the fans? They had TWO deals on the table to either sell OR build a new arena which would have kept them RIGHT HERE, but they declined both. "The Kings are not for sale". So how do you explain this? SELLING to a group who plans to relocate them immediately ANYWAY?

They didn't move to Anaheim for one reason and one reason only: the league would not have approved the move. Then they acted like it was because of the fans.

[ILOVEIT]

Do we still have hope, guys?

http://probasketballtalk.nbcsports.com/ ... um=twitter

The ongoing joke about the Maloofs in league circles is that they can get the girl’s phone number, but they can’t close the deal.

After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there are plenty of reasons to not call it a “done deal” just yet.

Wojnarowski said as much when he tweeted “No agreement signed, but one source describes deal as “1st and goal at 1.” Maloofs history of changing course late still makes many uneasy.”

Indeed, sources close to the situation told PBT that there are still many hurdles for this deal to overcome, and that Sacramento still has willing, reputable buyers ready to meet or beat Hansen’s offer in order to keep the franchise in town.

Indeed, as reported here numerous times, Hansen would have to drastically overpay in order to outdo the Sacramento ownership groups, because Sac owners don’t have to account for a relocation fee, a city loan back to Sacramento, and the hard costs of moving. Sources say that this will total a minimum of $125 million, and should the NBA decide they want to levy a higher relocation fee to even out the playing field that number could increase.

This means that if the Maloofs sell to Hansen for $500 million, that in reality they are getting much, much less. In Sacramento, this means that it’s time for their local buyers to step up with their offers, and make the same effort the city made in the spring of 2011 when the Maloofs had most believing the team would move to Anaheim.

An offer of $425-$450 million dollars would start to put more money in the Maloofs’ pockets than the Seattle offer does, and that’s where the next step in this relocation debacle lies.

If there is any silver lining to today’s events for Kings fans and Sacramento, the Maloofs should be willing to entertain a bidding war, unless it is out of pure spite and indifference to any league reaction opposing such actions.

There are other hurdles for the deal to clear, including an up-or-down vote from the Board of Governors after a recommendation by the league’s relocation committee, headed up by none other than Clay Bennett. Bennett saw firsthand the difference in how the Seattle politicians turned their back on the Sonics when he arrived, independent of his and the league’s mishandling of that situation, and he has been extremely impressed with Sacramento’s efforts to keep their team.

However, David Stern has said he would try expedite any sale that moves a team to Seattle.

Hansen and the Maloofs will need to convince Bennett and the other 29 owners that torching the No. 20 Sacramento market, along with all of the negative attention the league’s relocation behavior will receive, will be worth the incremental benefit of going to a somewhat larger market with a handful of professional sports teams.

There are plenty of benefits to being in Seattle, and Hansen is the type of owner that they want. He and his group are about to throw nearly a billion dollars to obtain a franchise that Forbes valued at $300 million. And there is some sentiment that Seattle needs to be indemnified for what happened to them, though most sane people would say that two wrongs don’t make a right.

In Sacramento, this is the ultimate show us your hand moment. Look for mayor Kevin Johnson and his people to respond soon, and as we know with the Maloofs if there is anybody that can’t close a deal – it is them.

Warrior Fan here....King fans are at the same level of fandom as Warrior fans....completely faithful and loud....I say SCREW THE MALOOFS and dump them before they dump you! You are all welcome to join the Warriors....which are about to go on a run like the Vlade and Webber days. For me anyway, it's about LOCAL fandom....I can't imagine being the same Warrior fan if they moved to fricken Washington.....

[ILOVEIT]

one more thing...if they move..you are about to be spared another 5 years of disfunctional basketball and disappointment...you deserve better. Warriors sucked just as hard until they got new ownership....

Hang in there.....

[Silver Man]

one more thing...if they move..you are about to be spared another 5 years of disfunctional basketball and disappointment...you deserve better. Warriors sucked just as hard until they got new ownership....

Hang in there.....

Dysfunctional team >>no team.

[Inigo_Montoya]

KJ will be doing a conference at 3:30

[408Kings]

Need C Webb to gather a group of buyers to keep the team in Sacramento. Still holding out a tiny bit of hope that the ship hasn't set sail just yet.

This move will set Sacramento back SO many years in becoming a bigger, more progressive, and modern city.

I'm going to watch the Kings whenever they go to Oracle so I'm not putting any more money in the idiots' hands. **** those guys.

[KF10]

This sucks major balls.

I hope KJ is doing everything in his power to keep the Kings in Sacramento right now. I mean, RIGHT NOW.

[Inigo_Montoya]

lol, someone just called Grant a carpetbagger

[pillwenney]

KJ will be doing a conference at 3:30

Can someone keep this thread updated on what he says for those of us currently busy with school/work/whatever?

[Inigo_Montoya]

I'll post some updates

[KF10]

Is there a link online for KJ's conference?

[bibby1023]

where will I be able to watch the interview?

[SacTown Kings]

Not sure if its on tv but Grant said on his show that "we will be listening to KJ very soon"

[Inigo_Montoya]

1140 and Fox 40 will broadcast it. Not sure about Fox 40 but I think that you can stream 1140 online

[Wolfay]

It's on 1140 radio if you live in the area.

[SacTown Kings]

LOL Grant going off on Aileen.

[Inigo_Montoya]

haha, someone got in a sneaky FTM