New Development in Possible Kings-to-Seattle Deal - Spokane, North Idaho News & Weather KHQ.com

NBA

New Development in Possible Kings-to-Seattle Deal

As of right now – Tuesday afternoon – the Kings still belong to Sacramento despite investor Chris Hansen's push to buy the NBA franchise from the Maloof family. There is, however, a new development in the ongoing sports saga.

Sacramento Mayor and former NBA star Kevin Johnson told the Associated Press on Tuesday that he has approval from NBA Commissioner David Stern to present a counteroffer to the league from investors who want to keep the team in Sacramento.

Johnson, speaking at a State of Downtown breakfast, gave a six week timetable on the counteroffer, calling it a "six-week sprint" to put a proposal together. The league's deadline for teams to apply for relocation is March 1.

The Associated Press said neither the Kings nor the NBA have a comment.

Yahoo Sports reported Monday that the NBA held a conference call last week with the league's relocation committee to talk about the Kings possibly relocating to Seattle. The source detailed the proposal, saying Microsoft CEO Steve Ballmer would buy 65 percent of the team valued at $525 million. The remaining 35 percent would remain with minority owners.

A report on NBA.com said a deal was just about done, but Hansen wanted to wait until the Seattle Seahawks had their playoff situation settled before making anything official.

HD DOPPLER 6i
/
  • Pro SportsProMore>>

  • Seattle Mariners agree to 25 year lease for Safeco Field

    Seattle Mariners agree to 25 year lease for Safeco Field

    Photo: Cacophony / Wikipedia / CC BY-SA 3.0Photo: Cacophony / Wikipedia / CC BY-SA 3.0
    Photo: Cacophony / Wikipedia / CC BY-SA 3.0Photo: Cacophony / Wikipedia / CC BY-SA 3.0

    The new lease will take effect in 2019. The original ballpark 20-year lease expires at the end of 2018.

    >>

    The new lease will take effect in 2019. The original ballpark 20-year lease expires at the end of 2018.

    >>
  • Get to know the NAIA World Series teams

    Get to know the NAIA World Series teams

    The first round of action in this year's NAIA World Series begins on Friday, May 25 and you can catch all the action live on SWX.

    >>

    The first round of action in this year's NAIA World Series begins on Friday, May 25 and you can catch all the action live on SWX.

    >>
  • Mariners place Dee Gordon on 10-day DL

    Mariners place Dee Gordon on 10-day DL

    Photo: Twitter/@MarinersPhoto: Twitter/@Mariners
    Photo: Twitter/@MarinersPhoto: Twitter/@Mariners

    Gordon, 30, initially injured the toe when he fouled a ball off it during an at-bat on May 9 at Toronto, and further injured it in Sunday's 3-2 victory over the Tigers.

    >>

    Gordon, 30, initially injured the toe when he fouled a ball off it during an at-bat on May 9 at Toronto, and further injured it in Sunday's 3-2 victory over the Tigers.

    >>