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Closing Bell

Report: Sale Of NBA Kings To Hansen-Ballmer Group A "Done Deal"

Comcast SportsNet Bay Area's Matt Steinmetz on Friday posted on his Twitter feed, "I've heard from reliable source that the Kings' sale to Hansen-Ballmer in Seattle is done deal. Source said price of the sale is $525 million. The source said further that the Maloofs will have no stake or decision-making with Seattle team and are out" (TWITTER.com, 1/11).

In response, NBA Kings spokesperson Eric Rose said, "Nothing has changed with our position that we will not comment on rumors or speculation about the Sacramento Kings." Kings limited partner Richard Benvenuti, whose family owns 15% of the team, said of a potential sale, "We haven't heard anything about it" (SACBEE.com, 1/11).

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On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Molly Solomon, who will lead NBC’s production of the Olympics, and she shares what the network is are planning for Paris 2024. Later in the show, we hear from ESPN’s P.K. Subban as the Stanley Cup Playoffs get set to start this weekend. SBJ’s Josh Carpenter also joins the show to share his insights from this year’s Masters, while Karp dishes on how the WNBA Draft’s record-breaking viewership is setting the league up for a new stratosphere of numbers.
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