Report: Kings To Be Sold For $525M, Maloofs Completely Out

The Sacramento Kings will be sold to an ownership group that will move the franchise to Seattle for $525 million, according to a source.

The source also said that the Maloof family will have no ownership stake or decision-making within the franchise, which has been a reported point of contention during negotiations.

Yahoo! Sports reported on Wednesday that a deal to sell the Kings to the Seattle group was nearly complete for $500 million.

http://basketball.realgm.com/wiretap/225541/Report_Kings_To_Be_Sold_For_$525M_Maloofs_Completely_Out

How far has the stadium come? Or have they yet to start?

Sacramento Lost [pic]

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SoDo Palace

My city lost....

Good thing Im a laker fan [pic]

i was really glad to hear this finally... i didnt think they Hansen was gonna let Maloofs get any ownership moves , but i just wanted it confirmed cause we all know the Maloofs can be pretty outrageous

aka ... you still LOST......[pic]

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[pic] i !!n love it.. knew them goofs were playin hardball tryna milk every penny.. o !!n well, got our team and thats all that matters.

Lets goooo

Extra 25 Mill for the Maloofs to[pic]

Sacramento Lost [pic]

Come receive this L Franchise you phaggot [pic]

Next up move the Warriors to San Francisco

525 Mill got damn...

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#1 pick next season [pic]

Seattle finally won

i know were im going in 2k14 in my career [pic]

me and big cuz [pic]

Let me send you a L first brah

where the !! is franchise !! a#s at? [pic]

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@BringBackSonics: Matt Steinmetz, is saying he expects the deal to be announced early next week. #Kings #Sonics