Oh God no. Sold to Seattle owners?

[Dan2087]

Feel bad for you guys. I remember when you had the loudest arena in the league, and no one wanted to play the Kings in the playoffs. If the team does move, hopefully you get a team back later on down the road

[kevin44]

The Kings will have plenty of expenses, at least a $30 million dollar relocation fee to be paid to their fellow NBA owners, as well as $10 to $15 million in moving expenses. They don't have that big of an advantage. From SI "Ellison said they did not outbid him. After the announcement of the agreement, Ellison -- who has not been available to comment throughout the process --- said in a prepared statement that he submitted a bid above the $450 million that Guber and Lacob offered. Although I was the highest bidder, Chris Cohan decided to sell to someone else. In my experience this is a bit unusual. Nonetheless, I wish the Warriors and their fans nothing but success under their new ownership."


http://sportsillustrated.cnn.com/2010/w ... z2HiFCkk3Q

[boogie-reke]

Well step right in Mr. Ellison! 450 mil would be enough to win Hansen's 525.

Just be sure to make him sign a paper that says he's not allowed to move the team away from Sacramento for the next 20 orso years.

[ICMTM]

The Kings will have plenty of expenses, at least a $30 million dollar relocation fee to be paid to their fellow NBA owners, as well as $10 to $15 million in moving expenses. They don't have that big of an advantage. From SI "Ellison said they did not outbid him. After the announcement of the agreement, Ellison -- who has not been available to comment throughout the process --- said in a prepared statement that he submitted a bid above the $450 million that Guber and Lacob offered. Although I was the highest bidder, Chris Cohan decided to sell to someone else. In my experience this is a bit unusual. Nonetheless, I wish the Warriors and their fans nothing but success under their new ownership."


http://sportsillustrated.cnn.com/2010/w ... z2HiFCkk3Q

We are aware, but my question is to you how does this apply to the Kings, because we're saying a person who's interested in the Kings does not have to match dollar for dollar with Seattle's group. You're proving our point actually.

[boogie-reke]

Kevin's on our side dude

[Morse Code]

Raps fan here...

It's a sad day for me because although I am a Raptors fan first, the Kings are what really started me on the road to becoming a die-hard fan of the game. Arco will always be talked about as possibly the most energy filled arena in NBA history. Is there another team that most Kings fans also follow closely?

There's not much else to say but sorry for your loss. If the Raptors ever left Toronto and I couldn't go to see live games and whatnot, it would honestly change my life lol. anyways my condolences gentleman.

Edit: I wasn't aware that this doesn't necessarily mean a move to Seattle so hope for the best.

[tru6playa]

"@dakasler: More “local” bidders surfacing for #NBAKings incl Sleep Train’s CEO and 24-hour Fitness founder

Look like I'm going to get a gym membership and a new mattress.

Damn right lol. That iComfort mattress looks like a great buy right about now. And I've been needing to work off these man boobs for awhile now.

[ICMTM]

Kevin's on our side dude

Picking one's brain doesn't mean we're adversary

[boogie-reke]

Kevin's on our side dude

Picking one's brain doesn't mean we're adversary

I ment that that's exactly what he posted it for, to prove our point

[tru6playa]

Well step right in Mr. Ellison! 450 mil would be enough to win Hansen's 525.

Just be sure to make him sign a paper that says he's not allowed to move the team away from Sacramento for the next 20 orso years.

Ellison could have the final laugh after he pulls an LA Dodger type spending spree over Lacob's Warriors. Of course the Salary Cap would prevent too much LA Dodger-type spending. It'd be an awesome rivalry.

[tru6playa]

The Kings will have plenty of expenses, at least a $30 million dollar relocation fee to be paid to their fellow NBA owners, as well as $10 to $15 million in moving expenses. They don't have that big of an advantage. From SI "Ellison said they did not outbid him. After the announcement of the agreement, Ellison -- who has not been available to comment throughout the process --- said in a prepared statement that he submitted a bid above the $450 million that Guber and Lacob offered. Although I was the highest bidder, Chris Cohan decided to sell to someone else. In my experience this is a bit unusual. Nonetheless, I wish the Warriors and their fans nothing but success under their new ownership."


http://sportsillustrated.cnn.com/2010/w ... z2HiFCkk3Q

I'd be astonished if the Maloofs ever took a less amount for the team, all in spite. Those guys need money. Their wealth is split between several people.

[boogie-reke]

Carmichael Dave ‏@CarmichaelDave

I would imagine the Mayor won't mind me sharing what he just emailed me: "Game On."

lets gooooooo

[gold_leader64]

One aspect about this that may be a positive is KJ and the city's leverage with the loan. While they can't force the team to stay if it is sold, what they may do is negotiate terms of the loan to retain the team's history and name/logo, similar to how the city of seattle settled their lease case with Clay. Part of the settlement, if I remember correctly, was that the city retained the team name/colors, and the option to "share" team history with the thunder. In this case, while the Maloofs have no lease because they own the arena, the city does have leverage with the loan to attempt to retain the team's history/name. Has this been brought up?

[gold_leader64]

Watching the hornet v wolves game right now:

"[rant about cousins, record, coaching, etc]...there are problems in Sacramento."

"You mean Seattle?"

"*chuckle*"

Classy...

[YC42Balla]

Carmichael Dave ‏@CarmichaelDave

I would imagine the Mayor won't mind me sharing what he just emailed me: "Game On."

lets gooooooo

That put a grin on my face, hah! At least we know KJ is giving it all he's gots. I love KJ as the Mayor of Sacramento for Basketball reasons.

Edit: I think by now the game is in double OT and Seattle just took the possible game winning shot. The Reff's are checking to see if indeed the shot went in...

[KF10]

Watching the hornet v wolves game right now:

"[rant about cousins, record, coaching, etc]...there are problems in Sacramento."

"You mean Seattle?"

"*chuckle*"

Classy...

The national media doesn't care about Sacramento. They always like to throw jabs if they can.

Watching ESPN & NBATV, they could care less if Sacramento loses their team or not.

[YC42Balla]

Watching the hornet v wolves game right now:

"[rant about cousins, record, coaching, etc]...there are problems in Sacramento."

"You mean Seattle?"

"*chuckle*"

Classy...

The national media doesn't care about Sacramento. They always like to throw jabs if they can.

Watching ESPN & NBATV, they could care less if Sacramento loses their team or not.

Well, in all fairness -- when I was in Jr High -- I could care less that Seattle lost their team. Although I wasn't as big of a sports fan as I am now. I found out through NBA 2K.

**point being, people can think what they want, its the fan support that really matters.

[SacKingZZZ]

KJ doin' work fellas! Now David Stern, this ball will eventually be in YOUR court. You know what's right and believe it, it will cement your legacy forever more if you do it. Get Seattle an expansion team and keep the Kings in SAC!!!

[702Celtics]

So the deal is done, the Kings will be relocating to Seattle?

[bibby1023]

For those wondering how much the local buyers are willing to spend

Sam Amick ‏@sam_amick
Johnson swears he'll get a shot here, says he's rounding up the money & targeting $425-450 million mark as comparable to $525 in Seattle.