How does the Kings' sale price compare to other NBA franchises?

Kelley L Cox-US PRESSWIRE

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?

Word spread on Wednesday that the Sacramento Kings will be sold by the Maloof family for an estimated $500 million, according to Yahoo! Sports' Adrian Wojnarowski, and that's certainly on the top-end of what NBA franchises have been selling for in the past few years.

In comparing the sale of the Kings to the most recent NBA franchise transactions, it's important to note that every one came in a different situation. Some of the sale prices included facilities, not just brands (see Mikhail Prokohorov, who owns part of the Brooklyn Nets' new home, the Barclays Center). Others were sales to people who were already minority owners of a team (see Michael Jordan, who already owned a small piece of the Bobcats).

Here are the last eight sales of NBA teams:

March 2010: Michael Jordan, already a minority owner, buys a large portion of the Charlotte Bobcats for $275 million and assumed $150 million in debt from former owner Bob Johnson, who himself paid $300 million for the franchise.

May 2010: Mikhail Prokhorov purchased 80 percent of the then-New Jersey Nets for $200 million, all while assuming $180 in debt.

June 2010: Ted Leonsis bought the Washington Wizards from the late Abe Pollin's family to meet an estimated value of $550 million.

July 2010: Joe Lacob and Peter Guber won the bid to buy the Golden State Warriors for a then-NBA-record $450 million.

June 2011: The Detroit Pistons were bought by Tom Gores for a reported $325 million.

October 2011: A group led by Joshua Harris bought the Philadelphia 76ers for $280 million.

June 2012: Tom Benson's ownership group purchased the New Orleans Hornets from the NBA for $338 million.

October 2012: Robert Pera officially bought the Memphis Grizzlies for $377 million.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

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.