'Your papers, please' must never be heard in America
A group led by investor Chris Hansen has a deal to buy the team. Hansen hoped to move the franchise to Seattle and rename it the SuperSonics. The original Sonics were moved to Oklahoma City in 2008 and were renamed the Thunder.
If the NBA Board of Governors denies the pending sale and relocation of the Sacramento Kings, the Seattle group seeking to purchase the franchise has a backup deal with the Maloof family.
Chris Hansen has increased his total valuation of the Sacramento Kings from $550 million to $625 million in another attempt to sway NBA owners to allow him to buy the franchise and move it to Seattle.
Here they stay, for now.
The recommendation has been made, the vote is set and the Sacramento Kings seem all but assured of staying in California's capital city.
Here they stay.
The NBA says its relocation committee has voted unanimously to recommend that owners deny the application for the Sacramento Kings to relocate to Seattle.
A recommendation on the Kings' sale and possible move to Seattle could be issued as soon as next week and a final decision made early next month, ending a process NBA Commissioner David Stern called the most "wrenching" of his career.
The Maloof family is asking NBA owners to approve the sale of the Kings to a Seattle group, saying there is "significant distance between us and the Sacramento group."
The Seattle vs. Sacramento showdown is set.
The clock is ticking for Sacramento Mayor Kevin Johnson's efforts to keep the Kings from moving to Seattle.
Sacramento Mayor Kevin Johnson had a stern warning for Seattle SuperSonics fans who are excited about the prospect of the NBA returning to the Puget Sound next season.
Nearly five years after their colors, banners and history were packed away into storage and their franchise relocated, the SuperSonics are one significant step closer to returning to Seattle.
The only thing stopping the Sacramento Kings from a sale and move to Seattle is approval by NBA owners.
The Maloof family has agreed to sell the Kings to a Seattle group led by investor Chris Hansen, the league confirmed in a statement Monday morning. The deal is still pending a vote by the NBA Board of Governors.
