Metro Seattle: NHL, NBA and Arena - Part VI
View Single Post
02-06-2013, 06:55 PM
HOPE & CHANGE
Join Date: Mar 2002
Location: New York
AP: NBA Commissioner David Stern says Seattle group has filed relocation paperwork to move #NBAKings to Pacific Northwest
Sacramento-Seattle tug of war: There wasn't much news here. Stern said he doesn't imagine there will be a bidding war between the respective groups in Seattle and Sacramento who hope to purchase the Kings from the Maloof family and that the matter will be settled by the league. After a Seattle group led by Chris Hansen put together an offer to purchase the team in January, Sacramento Mayor Kevin Johnson said he would gather potential local owners to put together a package to purchase the team, build a new stadium, and keep it there.
As of Tuesday, no Sacramento group had been assembled, but Stern said he's expecting both group to put forth packages. He said the appropriate committees will consider both offers and look at factors like support for the team in the prior city and the likelihood of proposed buildings – Seattle also has pledged to build a new arena – being built.
NBA Commissioner David Stern says the group that has reached agreement to purchase the Sacramento Kings has formally filed to relocate the franchise to Seattle.
Stern spoke on Wednesday night in Minneapolis before the Timberwolves hosted San Antonio. He called the Seattle group, led by Chris Hansen and Steve Ballmer, "very strong," and that the appropriate committees have been convened to look over the proposed sale of the Kings and the prospective move to Seattle.
The deadline for teams to file for relocation is March 1. It's been expected that the Hansen/Ballmer group would file to move the team to Seattle, but Stern's comments were the first time that decision has been verified.
View Public Profile
Find More Posts by RangerBoy