Maloof family and Sacramento investors reach deal for Kings
2 days ago
After absorbing debt associated with the franchise - including the repayment of a $64 million loan the team owes the city of Sacramento - Ranadive would pay roughly $200 million for the Maloof...
Report says Kings sale is done
2 days ago
Stern said Sacramento kept the Kings in part because the advantage went to "the incumbent."
Report: Maloofs, Sacramento group agree
2 days ago
The Sacramento Bee announced Thursday the Maloofs completed the sale to the investment grouped headed by Vivek Ranadive for a record $535 million.
Kings still have some unfinished business
2 days ago
Sacramento mayor Kevin Johnson said Thursday he thinks that will soon be settled, and that the team will be sold to a local ownership group led by Vivek Ranadive.
NBA owners vote in Dallas to keep Kings in Sacramento
2 days ago
"NBA Commissioner David Stern seemed resigned to the fact that if the negotiations were like comparing apples to apples, then there was no reason for the Kings to leave Sacramento.
NBA Board of Governors denies relocation bid to move Kings to Seattle
3 days ago
With a deal to move the Sacramento Kings to Seattle struck down by the NBA on Wednesday, the focus now turns to an effort by a Sacramento-based group to buy the franchise from the Maloof family.
Owners reject Sacramento Kings' move to Seattle
3 days ago
The former All-Star guard didn't want to celebrate at the expense of Seattle after league owners voted Wednesday to reject, once and for all, an aggressive bid to move the Sacramento Kings.
NBA gives 'advantage to the incumbent,' Mayor Kevin Johnson and Sacramento
3 days ago
However, the Maloof family could still keep the team or sell to a Sacramento group, or even possibly broker a deal in which Hansen would become a limited partner.
Kings to remain in Sacramento | Dallas-Fort Worth Sports News - Sports News on...
3 days ago
"We think that now because the Maloofs have been overall good for Sacramento and the NBA, they will be motivated to do something fast so the franchise can get cranking.
Seattle not in the game for Kings
3 days ago
However, a feverish rally in Sacramento the past five months that included the assembly of an ownership group and the culmination of downtown arena deal with the city proved to be Seattle's undoing.