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04-10-2013, 10:40 PM
  #839
gstommylee
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Quote:
Originally Posted by Fugu View Post
Okay, thanks, D. I'm just trying to figure out why anti-trust is coming up in the context of this discussion. Hansen wants an NBA team in Seattle. I think he is willing to work with the NBA to make that happen, along the lines of Chipman in Winnipeg. My sense is that there's nothing overly contentious about it. In theory, the Maloofs could move the team themselves, and then sell it.
Maloofs can't own the team and move it to seattle. Our MOU doesn't allow it. Too much collateral or something like that. The MOU is specific to a certain either 40 or 60% (i can't recall off hand) of how much the team can be used as collateral. Maloofs are way above that i believe.

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