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


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 Report: Kings To Be Sold For $525M, Maloofs Completely Out
topic by Stringer - 01-11-2013, 12:10 PM


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


The following 4 BX residents gave props to Stringer (Sent To 9,442 Subscribers)  eCity 420 (01-11-2013) , JohnDoe (01-12-2013) , MASEANDDIDDY (02-16-2013) , HEAT HOT TOPIC (Blog'd,RSS'd,Tweet'd and Facebook'd)  (01-12-2013)

70 comments for "Report: Kings To Be Sold For $525M, Maloofs Completely Out"


 01-11-2013, 12:20 PMaway - #2
ThePainkiller 306 heat pts306

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How far has the stadium come? Or have they yet to start?
 01-11-2013, 12:22 PMaway - #3
CosbySweater 191 heat pts191

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Sacramento Lost
 01-11-2013, 12:22 PMonline - #4
markov 14 heat pts14

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SoDo Palace
 01-11-2013, 12:34 PMaway - #5
lakersboy03 4 heat pts

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My city lost....

Good thing Im a laker fan
 01-11-2013, 12:36 PMaway - #6
Clutch City Kid 17 heat pts17

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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
 01-11-2013, 12:38 PMaway - #7
Special Edd 87 heat pts87

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Originally Posted by lakersboy03
My city lost....

Good thing Im a laker fan
aka ... you still LOST......
 01-11-2013, 12:39 PMaway - #8
P-Hill|M 19 heat pts19

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Originally Posted by Special Edd
aka ... you still LOST......
 01-11-2013, 12:42 PMaway - #9
eCity 420 21 heat pts21

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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.
 01-11-2013, 12:44 PMaway - #10
hellasick206 1 heat pts

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Lets goooo

 01-11-2013, 12:44 PMonline - #11
markov 14 heat pts14

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Originally Posted by eCity 420
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.
Extra 25 Mill for the Maloofs to
 01-11-2013, 12:47 PMaway - #12
cubes 2 heat pts

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Originally Posted by CosbySweater


Sacramento Lost
Sacramento Lost

Come receive this L Franchise you phaggot
 01-11-2013, 12:50 PMaway - #13
The N 202 heat pts202

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Next up move the Warriors to San Francisco
 01-11-2013, 12:51 PMaway - #14
Ca$h Out 33 heat pts33

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525 Mill got damn...

 01-11-2013, 12:59 PMaway - #15
Panopticon 16 heat pts16

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 01-11-2013, 02:20 PMaway - #16
ReggieA 191 heat pts191

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#1 pick next season
 01-11-2013, 02:36 PMaway - #17
Poohdini 20 heat pts20

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Seattle finally won

i know were im going in 2k14 in my career

me and big cuz
 01-11-2013, 02:37 PMaway - #18
Illuminati 95 heat pts95

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Originally Posted by cubes
Sacramento Lost

Come receive this L Franchise you phaggot
Let me send you a L first brah
 01-11-2013, 02:40 PMonline - #19
TattooedMPsz 31 heat pts31

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where the #### is franchise #### a$s at?

 01-11-2013, 03:32 PMaway - #20
SeattleWon 655 heat pts655

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


 



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