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SBD/May 8, 2013/Franchises
Johnson Calls On Seattle Group To Back Off After NBA Committee's Recommendation
Published May 8, 2013
RANADIVE'S GAMBLE: ESPN.com's Brian Windhorst wrote the "revelation" that Ranadive had agreed to lessen the Kings' revenue-sharing allotments while the team still plays in Sleep Train Arena and forgo them once they build a new arena "helps explain why owners on the league's relocation committee appeared to pass on what had looked like a better long-term financial situation by moving the team to the larger Seattle market." It was a "shrewd, if quite expensive, card to put on the table as owners were making the challenging decision of what to do with the team." A source said that Ranadive "made the offer after a study projected a strong increase in team revenues once a new arena is opened" (ESPN.com, 5/6).