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SBD/March 6, 2013/Franchises
Sacramento Mayor Johnson Hopes To Meet NBA Owners Ahead Of BOG Vote
Published March 6, 2013
THE LONG AND WINDING ROAD: Also in Sacramento, Marcos Breton notes Johnson has been "able to change the conversation about a Kings relocation that was described as a 'done deal' in the national press just six weeks ago by producing billionaire suitors who are willing to buy the team and keep them here." The presence of the ownership group led by 24 Hour Fitness co-Founder Mark Mastrov and Penguins co-Owner Ron Burkle "and their big wallets not only creates a viable scenario for local ownership, it allows Sacramento to illustrate how this situation is different from other NBA relocations." Breton: "Does Sacramento have Microsoft, Boeing, Starbucks or Nordstrom within its borders? No. Seattle is a great city with wealth Sacramento doesn't have." But if the NBA "votes with Seattle even if Sacramento's bid for the Kings is equal or close to the Emerald City's, the decision would feel less like a relocation and more like a hostile takeover" (SACRAMENTO BEE, 3/6). CBSSPORTS.com's Ken Berger cited a source as saying that a relocation "fee of as much as" $75M has been mentioned internally among NBA owners. That would "change the game, and not necessarily in Sacramento's favor." The bigger the relocation fee, the "better the Sacramento deal would look to" Kings Owner the Maloof family. But, the "better the Seattle deal would look to the other 29 owners, who would share the relocation fee" (CBSSPORTS.com, 3/3).