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Kings to stay in Sacramento after Board of Governors reject relocation to Seattle

Here they stayed in Sacramento. The NBA's Board of Governors upheld the recommendation of the relocation committee and voted 22-8 to reject the relocation of the Kings to Seattle.

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107 Total Updates since January 9, 2013
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  • All Updates 107

Ranadivé buys Cook's share in Kings

Vivek Ranadivé matched Chris Hansen's $15.1 million bid for Bob Cook's stake in the Kings, adding to his controlling interest in the team.

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Sacramento's dawn

The Kings have been neglected for so long that the mere presence of someone who cares will drastically alter the course of the franchise.

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Kings sale to be announced on Friday

The Maloof family has agreed to sell their controlling interest in the Sacramento Kings to a group of local investors. The deal is expected to be finalized soon.

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Vivek Ranadivé expects Kings purchase this week

The NBA will try to facilitate a sale between the Maloofs and the Sacramento-based group headed by Ranadivé.

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8 thoughts on the Kings staying

The Kings are staying in Sacramento. We look at some big-picture implications, what happens next and some amusing anecdotes from the whole saga.

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Sacramento's wide-open future

Now that the Kings' relocation situation appears to be resolved, it's time for the actual basketball team to stop being an embarrassment and move forward in its rebuilding effort.

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Cliff notes version of why the Kings are staying

USA Today's Sam Amick didn't have much to do after the Dallas hotel that hosted the NBA Board of Governors meeting was locked down due to a tornado warning. Therefore, he spent time putting together a ripped-up piece of paper that described (in very simple terms) why the Kings are staying in Sacramento.

The notes don't tell us anything new -- the Seattle offer was more lucrative, but Sacramento's was good enough to keep the team -- but it is stunning how Amick was able to piece the notes together.

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George Maloof hides in a closet

Because how else would you expect the Kings saga to end?

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Adam Silver says NBA expects to return to Seattle

The NBA's Board of Governors turned down the relocation of the Sacramento Kings franchise on Wednesday, but future commissioner Adam Silver added that the city of Seattle will be on the league's mind moving forward.

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NBA votes to keep Kings in Sacramento

As expected, the NBA Board of Governors have voted against moving the franchise to Seattle, David Stern confirmed.

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Don't cry for the Maloofs

The Maloofs crossed and embarrassed David Stern a year ago. They are finding out that was a terrible idea.

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Ballmer's moves angering NBA?

Steve Ballmer was reportedly behind the desperation moves by the Seattle ownership group.

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Expansion still makes the most sense

The only clean path out of the mess created by the Maloofs remains.

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Kings sale: A guide

Trying to make sense of all the new developments in the Sacramento Kings saga is difficult. Here's our best attempt.

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Maloofs open to Sacramento deal

The Maloofs have not completely dismissed selling the Kings to a Sacramento-based ownership group.

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Maloofs' final middle finger

Chris Hansen and Steve Ballmer can explain away their pursuit as collateral damage on behalf of Seattle. What do the Maloofs have to say for themselves?

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Maloofs reportedly agree to new deal with Hansen

After the other NBA owners rejected a possible move to Seattle, the Maloofs have agreed to a new deal with Chris Hansen that would make him a minority owner and allow them to keep the team.

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Bid for Kings upped to $625 million

The Seattle group, headlined by Chris Hansen, will raise its bid for the Sacramento Kings to $625 million in an attempt to convince the league to approve the sale and relocation of the franchise.

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Why Stern as Seattle's villain isn't fair

The NBA has set the stage for a vote to keep the Kings in Sacramento next week. Some in Seattle are angry at David Stern for doing exactly what they wanted him to do in 2008. Is that fair?

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Kings group agreed to limit revenue-sharing intake

The Sacramento-based ownership group made key concessions to help earn support from the NBA in its fight to keep the team from moving to Seattle.

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Sacramento investors put down deposit on Kings

The local investment group takes another step in its effort to purchase the Kings and keep them in Sacramento.

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Kings saga turns fans against fans ... again

While the NBA looks out for its business interests, fans are at each other's throats. At some point, it has to end.

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Why the NBA is choosing Sacramento over Seattle

An economics writer thinks the NBA is only concerned with wringing money from public hands. Stunningly, money isn't everything!

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Wolves owner won't sell team to Seattle group

Timberwolves owner Glen Taylor has had discussions with Chris Hansen's Seattle group, but he won't sell because he does not want the team to be moved.

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Seattle Mayor taking 'long view' with NBA

In a radio interview, McGinn said he was still optimistic about getting the NBA back to Seattle, despite the setback with the Kings.

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Sacramento's blueprint

The blueprint on keeping a team that's trying to leave is custom-made. By Sacramento, for Sacramento. But three ingredients are non-negotiable.

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Chris Hansen vows to fight NBA's Kings decision

The battle to bring basketball to Seattle is still far from over.

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Stern on Kings staying, expansion and more

NBA commissioner David Stern doesn't seem to be inclined on mending fences with Seattle before he leaves office.

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Kings staying in Sacramento

A committee voted against the relocation of the Kings franchise on Monday. This is certainly not what Seattle wanted to hear.

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May 8 earliest date for Kings vote

After the NBA's relocation committee gives their recommendation on an April 29 conference call, the owners will take at least seven days before holding a vote.

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Spurs' darkest timeline features ... the Maloofs?

An old story dug up about the Maloofs reveals that they almost bought the San Antonio Spurs in the 1990s. Oh man.

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Kings sale at least a week away from resolution

NBA commissioner David Stern outlined the timeline for a resolution to the sale of the Sacramento Kings franchise during a press conference on Friday. It appears there are still a few weeks to go in this saga.

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NBA BOG needs 7 days for Kings vote

The delay in the Board of Governors' vote on the Kings sale to Seattle is a procedural issue, as they need seven days to make a decision after receiving a recommendation from the joint relocation and finance committee.

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NBA vote on Kings sale will be delayed

Seattle mayor Mike McGinn said there's a chance the NBA Board of Governors does not vote on the fate of the Sacramento Kings franchise, and the NBA confirmed the news Tuesday.

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Seattle ownership group increases offer

Seattle group increases its offer after reports indicated Sacramento group would match original Seattle offer.

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Seattle ownership group increases offer

Seattle group increases its offer by $25 million.

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Sacramento group will match offer for Kings

The Maloofs would accept the local bid if a Sacramento-based group of investors formally matches an offer made by a group of Seattle investors for a majority interest in the Sacramento Kings franchise.

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NBA asks local Kings' bidders to pay Seattle group

The NBA has reportedly asked the group of Sacramento investors to pay the Seattle bidders for the Kings for a non-refundable deposit should they win the team.

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Rift forming between Stern, owners over Kings?

NBA Commissioner David Stern and some NBA owners apparently do not see eye-to-eye on what path the sale of the Sacramento Kings franchise should take. Is the priority to keep the team in Sacramento or to facilitate a deal with Seattle-based investors?

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Proposed Kings ownership group undergoes changes

The local developer will take the place of Ron Burkle, who had to withdraw due to a potential conflict of interest.

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Avoiding the next Kings saga

This saga surrounding the future of the Sacramento Kings hasn't been good for anyone. How can the NBA avoid such issues in the future?

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Kings' future may not be decided by April 18

The NBA Board of Governors presiding over the sale of the Sacramento Kings may not determine whether ownership groups in Seattle or Sacramento will end up with the franchise by the end of an April 18 meeting.

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George Maloof to be in Seattle presentation

George Maloof is expected to represent the Maloof family during the Seattle presentation to a pair of NBA ownership committees on Wednesday. Meanwhile, limited partner David Luchetti matched Chris Hansen's bid for the 7 percent of the Kings tied up in bankruptcy proceedings.

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Expansion is the only fair solution

With two half-billion-dollar arenas planned, two hungry fanbases begging for basketball and two incredibly eager ownership groups at hand, expansion is the only reasonable solution to the Sacramento Kings situation.

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Re-enter the Maloofs

For three months, it's been all about Seattle's bid to take the Kings, and Sacramento's effort to block that. But now the Maloofs, who still own the team, are coming back into view. And man, that promises some fireworks. Preferably lit ones shoved down a Maloof's britches.

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Sacramento, Seattle present to NBA Wednesday

The NBA will decide whether Sacramento or Seattle gets to keep the Kings. That process begins as representatives from each city present before a committee of owners Wednesday in New York.

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Kings' future in NBA's hands now

Sacramento completed its work to keep the Kings on Tuesday as its City Council voted 7-2 to approve an arena term sheet with an investor group led by Ron Burkle. Now Sacramento and Seattle wait for the NBA's judgment.

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Sacramento has a new, four-pronged approach

All of a sudden, Sacramento's buying power has become much more substantial.

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Sacramento reaches agreement on new arena deal

Sacramento has increased its bid to keep the Kings in town, with the city reaching a preliminary agreement to build a new arena.

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What Stern really said about the Kings

The headlines out of David Stern's impromptu Sacramento Kings news conference in Oakland said the local bid by Mark Mastrov came in too low. The reality that appears between the lines gives Sacramento renewed hope.

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Stern says Sacramento proposal needs more money

David Stern said more money is needed to make the offer to keep the Kings in Sacramento viable.

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Proposal in to keep Kings in Sacramento

Local businessmen Ron Burkle and Mark Mastrov are doing their best to keep the Sacramento Kings from moving to Seattle.

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Sacramento is nothing like Seattle

Before you get bogged down in the details, consider what Sacramento mayor Kevin Johnson's Thursday speech says about his city's commitment to remaining in the majors, and consider how rare that is these days.

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Kings' potential buyers to be revealed Thursday

Sacramento Mayor Kevin Johnson is primed to make a big announcement regarding potential buyers for the Kings franchise on Thursday.

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Chris Hansen files for move to Seattle

David Stern confirmed that the Seattle group led by Chris Hansen has filed papers to move the Kings from Sacramento.

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Will Stern clean up Kings mess?

The Maloofs and Chris Hansen chose to ignore Sacramento-based minority owners' rights to be first in line to buy the Kings. Will the NBA try to do the same? If not, there's one obvious solution to this mess.

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Could ownership papers keep Kings in Sacramento?

A clause in the Maloofs' ownership documents appears to grant minority owners of the Sacramento Kings a "right of first opportunity" to match a sale, a bit of legal wording that could keep the team from moving to Seattle.

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NOLA was saved, why not Sactown?

In late 2010, the New Orleans Hornets were nearly sold to an out-of-town group, but the NBA stepped in to prevent that and save the southern Louisiana market. Why not do the same in Sacramento?

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NBA to vet Sacramento arena plan before April

In what is definitely good news for Sacramento, the NBA will reportedly vet the city's proposal to keep the Kings prior to Mayor Kevin Johnson's presentation to the Board of Governors in April.

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For Sacramento, it's all or nothing

One way or the other, the Sacramento Kings will officially be sold in a few months. That could mean something wonderful or horrible for Sacramento basketball fans.

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Mark Mastrov meets with Sacramento investors

The founder of 24 Hour Fitness reportedly met with local investors on Monday.

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Potential Sacramento owner meets with Stern

Just when you thought the sale to Seattle was all but finalized, supermarket mogul Ron Burkle bursts on the scene and meets with Stern Thursday to keep the Kings in Sacramento.

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Bankruptcy trustee could slow down Kings sale

An interesting legal twist that could make the Kings move to Seattle more difficult emerged on Thursday.

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Kings to Seattle is not, should not be a done deal

Chris Hansen wants to handle this all like a surgical procedure. The NBA has got to put the brakes on and look at the big picture.

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Kings sale: Burkle, Mastrov could team up

Two 'heavy hitters' from Northern California have reportedly joined forces to submit a last-ditch ownership bid to keep the Kings in Sacramento.

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KJ won't back down at Sacramento presser

In the wake of the pending sale of the Sacramento Kings, Mayor Kevin Johnson vowed to keep fighting for the city's beloved franchise.

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Kevin Johnson on the process of fight for Kings

Sacramento mayor Kevin Johnson took the first step in the city's process to retain the Kings franchise on Tuesday.

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Kevin Johnson announces local Sacramento investors

Sacramento mayor Kevin Johnson announced a group of 19 local investors who have committed money to keep the Sacramento Kings franchise in town.

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What's next for the Kings' roster?

The roller coaster ride is over in Sacramento, as the Maloof brothers have agreed to sell the Sacramento Kings to an ownership group in Seattle. Paul Flannery of SB Nation NBA comments on the development and what it means for the basketball team -- whatever it is named next year -- moving forward.

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An FAQ about the Sacramento Kings

The Hook teaches you all about the Sacramento Kings, a team we would forgive you for not thinking twice about since 2003.

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Spurs' GM Buford not interested in Sonics

The new Seattle ownership group was interested in bringing in R.C. Buford to build a team that has struggled of late in Sacramento, but the San Antonio Spurs general manager seems fine where he is.

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Keith Smart says uncertainty is 'tough' on Kings

Sacramento Kings coach Keith Smart told reporters before Monday's game that the whirlwind of reports on the final sale of the team has been tough on his players.

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Maloofs confirm sale of Kings to Seattle

The Maloof family released a statement Monday confirming the sale of the Sacramento Kings to a Seattle-based ownership group led by Chris Hansen.

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An open letter to the Maloofs

The Maloofs have sold the Sacramento Kings to Seattle buyers. Tom Ziller has thoughts on this.

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NBA confirms Kings' sale to Seattle

The NBA released a statement Monday morning confirming the sale of the Sacramento Kings to Chris Hansen's Seattle-based ownership group.

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Mayor Kevin Johnson cancels inauguration trip

Following the news of the Kings' sale to Seattle, Sacramento mayor Kevin Johnson has canceled his inauguration trip to Washington, D.C. in order to focus on his attempts to save the team.

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Sonics to chase R.C. Buford and Larry Bird?

The new Seattle ownership group has reportedly discussed going after Spurs general manager R.C. Buford and former Pacers president Larry Bird to run the franchise after relocation.

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Maloofs to keep "small piece" of Kings

ESPN.com's J.A. Adande reports that the Maloof family will retain a minority stake of the Kings after their expected relocation to Seattle.

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Kings controlling stake sold for $340 million

The Sacramento Kings are in the midst of being sold and moved to Seattle. We breakdown the recent events, including what is to come.

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Maloofs to get $30 million deposit in Kings sale

ESPN.com's Marc Stein reports that the Maloof family will receive a non-refundable $30 million deposit from Chris Hansen's Seattle group as part of the Kings' sale.

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LeBron speaks out on Kings sale

LeBron James took to Twitter to express skepticism on NBA profits after reports of the Kings sale spread on Sunday night.

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Kevin Johnson hard at work to counter Seattle deal

Sacramento Mayor Kevin Johnson will continue to work to assemble an ownership group to counter Seattle's deal to buy the Kings.

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Sacramento's path to keeping Kings hasn't changed

Sunday's news that the Maloof brothers had agreed on a deal to sell the Kings to a Seattle-based group is a blow to Sacramento, but their only chance to keep their team remains the same.

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Seattle team will reportedly use Sonics name

Did you keep your old Sonics jerseys stashed in your closet? Well, if you did, you're in luck. They're coming back.

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Relocation committee will approve Kings' sale

Yahoo! Sports' Adrian Wojnarowski says that the NBA's relocation Committee will approve the Kings' move to Seattle.

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Kings sale to Seattle complete

The Sacramento Kings have indeed been sold to Chris Hansen's Seattle-based ownership group for $525 million, according to a report.

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Kevin Johnson assembles bidders for Kings

As the relocation battle rages on in Sacramento, Mayor Kevin Johnson is busy assembling potential bidders for the Kings franchise.

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Your arguments against NBA expansion are weak

You've got arguments against NBA expansion, no doubt. But they are weak. The Hook rebuts them below.

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Relocation as weapon

Relocation in professional sports should come only in exceptional circumstances. Burning good markets is bad policy.

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'Whale' of an investor involved with Kings talks?

There is reportedly a "whale" of a local investor who has expressed some interest in buying the Kings and keeping them in Sacramento. The potential investor remains anonymous because he has only had preliminary talks with Mayor Kevin Johnson.

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NBA relocation committee briefed on Kings sale

The NBA's relocation committee has reportedly been briefed on the sale of the Kings to a Seattle-based ownership group, yet another sign that it's a matter of when, not if, the franchise officially relocates to the Emerald City.

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Local buyers emerge in bidding war for Kings

It looks like the Kings won't be leaving Sacramento without a potential bidding war.

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Report: Maloofs have handshake deal to sell team

Is the Kings' sale to a Seattle-based group done? One report suggests that the Maloofs have a handshake deal with Chris Hansen's group, but the Maloofs have backed out of handshake deals before.

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Kings sale snags on Maloofs' control after deal

The already wild tale of the Sacramento Kings' possible sale has hit a snag. The Maloofs want to keep some decision-making abilities in the team even if they sell it.

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Maloofs: Deal not close

The Sacramento Kings sale that on Wednesday was reported to be in the final stages is not close to being done, team owner George Maloof said.

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Sacramento's impossible war

Business is not fair, and sports are business, and Sacramento is quickly learning that, no, sports are not fair.

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Report: 'No formal offer has been made' for Kings

The Kings are still in Sacramento, and the rumor mill may be moving too quickly when it comes to reports of a potential sale. According to sources quotes in a story at The Sacramento Bee, "no formal offer has been made" at this point and "no deal is done."

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Hawes on Seattle: 'It's been a long time coming'

Philadelphia 76ers center and Seattle native Spencer Hawes spoke to SB Nation briefly about the Sacramento Kings' reported impending sale to a group from Seattle.

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Kings sale talk in 'conceptual' stage, report says

Amid reports that the Maloof brothers were close to reaching an agreement to sell the Kings to a Seattle-based group for $500 million, the Sacramento Bee is reporting that talks have merely been "conceptual." Here's what one source told the paper:

"If someone was to put a crazy number on the table, their perspective could change," he said. "If somebody like a (Chris) Hansen (the head of the Seattle group) were to actually make an offer, which hasn't happened yet, and that offer was ridiculous, things could change."

The Kings declined to comment. Keep in mind that this source is likely close to the Maloofs and has little interest in suggesting the deal is close to done at this point.

Meanwhile, Sacramento mayor Kevin Johnson put this out on his Twitter account.

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Kings sale to Seattle to be done by end of month

The sale of the Sacramento Kings franchise to a Seattle-based group is expected to be finalized by the end of January.

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How Kings' sale price compares

The Sacramento Kings are reportedly about to be sold to a Seattle ownership group for $500 million. How does that compare to the most recent sales of NBA franchises?

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Kings to Seattle: A complete timeline

How did we get to the point where the Sacramento Kings were being sold and relocated to Seattle? Here's a timeline of the events in both cities.

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Kings players, fans react to possible Seattle move

The Kings are reportedly finishing up an impending move to Seattle, leaving those involved to display their reactions to the world on Twitter.

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