OT: Source: Maloofs make backup plan with Hansen, relocation fee at 116$ million
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05-13-2013, 02:28 PM
Business of Hockey
Join Date: Jul 2006
Location: South Mountain
Originally Posted by
But a sports league taking the unprecedented step of not only trying to force an owner to sell for a lesser amount by trying to claim eminent domain (essentially) over a business that has nothing tying it legally to that market isn't? Or a league going so far as to try and legally remove an owner using a "best interest of the league" defense (which has never been done, not even for Shinn) is somehow expected and normal?
One thing worth pointing out is that the rights to the Seattle market belong to all the NBA owners, not the Maloofs/Hansen. The Maloofs own the rights to the Sacramento market.
If the franchise is worth more in Seattle than it is in Sacramento then the NBA as a whole has the rights to that delta $, not the Maloofs.
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