Jump to content




Photo

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


  • This topic is locked This topic is locked
8 replies to this topic

#1 TheOriginalCZM

TheOriginalCZM

    Rookie

  • 823 posts
  • Joined: Oct 12, 2012
  • Name:J
  • Fan Since:1989
  • Fav. Laker:Brian Scalabrine

Posted January 11, 2013 - 10:08 AM

Posted Image

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.

Via Matt Steinmetz/Comcast



#2 Michaelyumm

Michaelyumm

    Quick & Easy

  • 9,691 posts
  • Joined: Jul 24, 2008
  • Fan Since:I was born
  • Fav. Laker:Adam Morrison

Posted January 11, 2013 - 10:39 AM

Nice! Bball back in Seattle. Even though the Sonics were a pain in our ass in the 90s, they have an amazing fan base!

Can't wait till Sonics vs Thunder @ the Key Arena! wooo!

#3 -Wade-

-Wade-

    知己知彼,百戰不殆

  • 5,383 posts
  • Joined: Jun 17, 2010
  • Location:◕‿◕
  • Name:Chao❤Wade
  • Fan Since:▄︻̷̿┻̿═━一
  • Fav. Laker:♛ Kobe Bryant

Posted January 11, 2013 - 11:50 AM

This will be cool. ;D Sonics were the first team I ever saw ball professionally.

wKNsigp.png

"I'm always a firm believer in us being able to make our own decisions." --Kobe Bryant


#4 Junayd

Junayd

    Based Prophet

  • 10,890 posts
  • Joined: Jan 28, 2009
  • Location:Dire Dawa
  • Fan Since:'97-'98
  • Fav. Laker:Sedale Threatt

Posted January 11, 2013 - 12:25 PM

Kingsgate documentary coming in Winter 2014.

Posted Image
@MooMeezy | Tumblr
“i have more respect for a man that lets me know where he stands, even if he’s wrong.
than one who comes up like an angel but is nothing but a devil.”


#5 kobe8

kobe8

    Rookie

  • 166 posts
  • Joined: Dec 19, 2011

Posted January 11, 2013 - 02:25 PM

It can finally be a good day again.

Oh and not a sneakerhead at all but damn if I were a Sonics fan...

Posted Image

Posted Image


#6 True Lakers Fan

True Lakers Fan

    Dead Discussion! You will not win, because I will not lose&#

  • 22,587 posts
  • Joined: May 12, 2009
  • Location:San Antonio but from OC Cali
  • Name:Kyler Hay
  • Fan Since:1990
  • Fav. Laker:Kobe, Nash.Young, Farmar

Posted January 11, 2013 - 02:38 PM

Ken Berger@KBergCBS
Potential buyer Mark Mastrov tells @CBSSports he wants to buy the#Kings and keep them in Sacramento.


Edited by True Lakers Fan, January 11, 2013 - 02:38 PM.

Posted Image

#7 ツ  

ツ  

    Starter

  • 5,514 posts
  • Joined: Jul 09, 2010
  • Location:California
  • Fan Since:2003
  • Fav. Laker:Kobe Bryant

Posted January 11, 2013 - 03:02 PM

so when are they gonna have games in seattle?

#8 Hollywood

Hollywood

    "Hey Now"

  • 17,589 posts
  • Joined: Dec 27, 2011
  • Location:Berkeley
  • Name:Fernando
  • Fan Since:Kobe Shaq Era
  • Fav. Laker:Kobe, Shaq, West, D12?

Posted January 11, 2013 - 03:45 PM

Have they sold them? Are they staying or leaving?
Posted Image

#9 fido

fido

    Analyst, Moderator, Insomniac

  • 10,215 posts
  • Joined: Aug 01, 2008
  • Location:Costa Mesa, CA
  • Name:Andy
  • Fan Since:1982
  • Fav. Laker:Magic Johnson

Posted January 12, 2013 - 01:35 AM

Already have a thread for this.

http://lakernation.c...ling-the-kings/




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users