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SBD/January 18, 2013/Franchises
Stern Has Not Seen Sale Agreement Regarding Kings; Sac Mayor To Address NBA BOG
Published January 18, 2013
LOCAL GROUP COMING TOGETHER: KXTV-ABC’s Nick Monacelli cited sources trying to keep the Kings in Sacramento as saying that a local ownership group “is forming faster and better than expected.” The source said that the group “could be announced as early as next week.” Johnson “admits big names with deep pockets are being added to the equation.” He said, “There’s not one or two, there’s multiple people that are interested. Once it leaked and once it became public that there was a potential deal in Seattle, my phone hasn’t stopped ringing. These are people that have significant dollars and these are people that want in at different levels” (NEWS10.com, 1/17).