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SBD/March 28, 2013/Franchises
Sacramento, Seattle Bolstering Their Bids For NBA Kings As BOG Meeting Nears
Published March 28, 2013
POWER PLAY: In Seattle, Nick Eaton noted if the league "rejects Hansen’s plan to buy and move the Kings to Seattle," team Owner the Maloof family could "entertain a counteroffer" from the ownership group organized by Johnson. However, if Hansen's acquisition of this 7% is approved, "as a minority owner he could, with his newfound right of first refusal, block a potential later sale of the Kings to that Sacramento group" (SEATTLEPI.com, 3/27). In Sacramento, Ailene Voisin writes within the past five days -- perhaps the "most important five days in the history of the Kings -- Sacramento thrust itself back into the game." The league's owners "have some serious studying, evaluating and reviewing ahead" (SACRAMENTO BEE, 3/28). A SACRAMENTO BEE editorial writes under the header, "A Rush To Judgment By City Council On Downtown Arena Term Sheet." The editorial states, "Committing so much public money to one project comes with levels of uncertainty -- and the way the council reached its decision was a sham of the public, transparent process that should have happened" (SACRAMENTO BEE, 3/28).
WHERE WILL THE TEAM WIND UP? The S.F. Chronicle’s Ann Killion said despite Sacramento approving a new arena deal, the city will not be able to keep the Kings because the “momentum is with Seattle.” The San Jose Mercury News’ Mark Purdy said the decision is "really going to be determined by what (NBA Commissioner) David Stern wants,” as he can "organize the owners and get them to vote whichever way he wants.” Purdy: “I believe that they want to keep Seattle open as that threat for any team to move there. It’s more valuable for them that way almost and if this plan is real in Sacramento … I think the Kings do have a very good chance of staying in Sacramento.” CSNBayArea.com's Ray Ratto said, “This has always been Seattle’s to lose from the moment that the Maloofs agreed to sell.” Ratto noted Ballmer, the "money guy" behind Hansen's bid, is worth $15B. Ratto: "You only get to say no to guys like that one time. ... They would rather have him in the league; they’d rather have the Seattle market taken care of than Sacramento. Unless Chris Hansen does something incredibly stupid … it’s going to Seattle” (“Chronicle Live,” Comcast SportsNet Bay Area, 3/27).