Nba, Sacramento Kings | featured news

Person with knowledge of deal: Kings to make Sim Bhullar NBA's 1st player of Indian descent

The Maloof family is asking NBA owners to approve the sale of the Kings to a Seattle group, saying there is "significant distance between us and the Sacramento group." In a letter sent to the NBA's relocation and finance committee, and obtained by The Associated Press on Friday, the Maloof family said the Sacramento group originally matched the $525 million valuation for the franchise negotiated by Chris Hansen, who is heading the Seattle group. Hansen then increased the valuation offer to $550 million last week.

Representatives from Sacramento and Seattle are making their presentations before NBA owners, hoping to show their city is the best home for the Kings franchise.

There's no place like home for the Golden State Warriors to finish off what they started. Despite the recent road struggles, the Warriors are in prime position to make the playoffs for only the second time in 19 years. Golden State (34-27) has the sixth-best record in the Western Conference entering Wednesday's matchup against the Sacramento Kings and plays 15 of its final 21 games at Oracle Arena, where an ever-loyal fan base has always made things tough on the visitors.

Five years after its beloved SuperSonics bolted for Oklahoma City, Seattle is on the verge of luring Sacramento's basketball team. Seattleites are thrilled, yet feel Sacramento's pain.

The Sacramento Kings may be playing their last games in the capital city. Sources said Sunday night that the Maloof family, which owns the team, reached agreement over the weekend to sell a controlling interest in the club to a group led by hedge fund manager Chris Hansen, whose intention after buying the team is to petition the NBA to move the team to Seattle in time for the 2013-14 season.

Aaron Brooks has been in an awkward spot since news surfaced that the Sacramento Kings could be sold and moved back to his hometown of Seattle. The Kings guard has no answers for family and friends who have been calling and texting for information. Even the excitement his brother, Alvertis, had when he showed up for a visit evaporated once he realized those in Sacramento might feel the same sorrow as when the SuperSonics left for Oklahoma City in 2008.

After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there are plenty of reasons to not call it a “done deal” just yet.