Sacramento mayor Kevin Johnson assembling potential Kings ownership group

Kelley L Cox-USA TODAY Sports

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

Sacramento Mayor Kevin Johnson isn't going to let his city give up the Kings franchise without a fight. Sacramento City Hall was brimming with action on Thursday, as Johnson continues to work on recruiting and assembling a local ownership group capable of bidding on the Kings. Jeff Dorso, the leader of the Mayor's task force, told the Sacramento Bee that the potential local ownership group may be revealed next week.

NBA commissioner David Stern has avoided any acknowledgement of the rumored offer for the Kings from a Seattle-based group of investors headed by Chris Hansen, and he has noted that Johnson has requested to address the NBA's board of governors.

The identity and existence of the Kings franchise as we know it is at stake, and the same Sacramento Bee report notes that local business owners are expected to play a prominent role as the public face of the potential ownership group while other investors take care of the majority of the financial commitment. Sleep Train executive Dale Carlsen has been mentioned as a local business owner who has expressed interest in taking part in joining the group. Supermarket tycoon Ron Burkle and Mark Mastrov are other potential names that have popped up in various reports.

For a comprehensive breakdown of all the latest developments in the rumored sale of the Sacramento Kings, be sure to check out SB Nation NBA's dedicated StoryStream.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.