Sources: Investor seeking to buy Kings - Spokane, North Idaho News & Weather KHQ.com

Sources: Investor seeking to buy Kings

Posted: Updated:

SEATTLE (AP) - People with knowledge of the situation say investor Chris Hansen has contacted the Maloof family about buying the Sacramento Kings.

The people spoke on condition of anonymity Wednesday because no deal has been reached. One person says the Kings could sell for more than $500 million.

Hansen is trying to build a new arena in Seattle, which lost the SuperSonics to Oklahoma City in 2008.

The Kings' future in Sacramento has been uncertain because the Maloofs and the city haven't been able to come up with a long-term arena solution.

Yahoo! Sports first reported the discussions between the Kings and Hansen.

 

  • Pro SportsProMore>>

  • Shock Talk: JT Fitzgerald

    Shock Talk: JT Fitzgerald

    Spokane Shock defensive back and special teams standout JT Fitzgerald joined John Collett in the SWX Studio for another edition of Shock Talk powered by VPI Home Solutions on Tuesday, April 22.>>
    Spokane Shock defensive back and special teams standout JT Fitzgerald joined John Collett in the SWX Studio for another edition of Shock Talk powered by VPI Home Solutions on Tuesday, April 22.>>
  • Russell Wilson, The Most Underpaid QB on the Seahawks Roster

    Russell Wilson, The Most Underpaid QB on the Seahawks Roster

    Russell Wilson has won a Super Bowl, been to the Pro Bowl twice, gone 5-1 in the playoffs, hasn't missed a single game in his two years in the league, thrown 52 touchdowns to his 19 interceptions and will be the lowest-paid quarterback on the Seattle Seahawks' roster in 2014.>>
    Russell Wilson has won a Super Bowl, been to the Pro Bowl twice, gone 5-1 in the playoffs, hasn't missed a single game in his two years in the league, thrown 52 touchdowns to his 19 interceptions and will be the lowest-paid quarterback on the Seattle Seahawks' roster in 2014.>>
  • Marlins Sweep Mariners for 6th Straight Loss

    Marlins Sweep Mariners for 6th Straight Loss

    Sunday, April 20 2014 7:53 PM EDT2014-04-20 23:53:33 GMT
    Adeiny Hechavarria hit a go-ahead sacrifice fly in the eighth inning after an instant replay went in Miami's favor and the Marlins beat the Seattle Mariners 3-2 to complete a three-game sweep.>>
    Adeiny Hechavarria hit a go-ahead sacrifice fly in the eighth inning after an instant replay went in Miami's favor and the Marlins beat the Seattle Mariners 3-2 to complete a three-game sweep.
    >>