Metro Seattle: NHL, NBA and Arena - Part V
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01-21-2013, 04:07 PM
Join Date: Oct 2006
Originally Posted by
NBA does not own the Kings though. The 30m is guaranteed non-refund regardless of if the sale is accept/rejected and since Maloofs accepted that 30m, NBA/Sac may be in legal hot water if they attempted to stop the sale.
When was the last time the NBA ever rejected a sale for something other than buyer has money issues.
If they reject Seattle purchase they may be forced to guarantee Seattle expansion. We already know how much of PR nightmare the NBA was in when they allowed the sonics to leave to OKC. It would be just as bad if not worse if they shaft Seattle again.
Again, the league reserves the right to approve owners. If not, why do they need to have a meeting to vote on the approval of it? That doesn't seem to make any sense or serve any purpose if they're not allowed to do it.
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