NBA Commissioner Confirms: Kings' Possible Buyers File for Seattle Relocation

David Stern said the Seattle investment group led by Chris Ballmer and Steve Ballmer is "very strong." An NBA committee is expected to vote on the proposed sale in April.

NBA Commissioner David Stern confirmed Wednesday night the league has received a relocation proposal to move the Sacramento Kings to Seattle, the Associated Press reports.

It's been widely reported the investment group led by Chris Hansen and Steve Ballmer plans to bring the team to Seattle, but Stern's comments mark the first time those intentions have been verified.

Hansen's group reached a deal with the Maloof family back in January to purchase a 65-percent share of the franchise for $340 million. An NBA committee is expected to vote on both the sale and the relocation in mid-April. 

Meanwhile, Sacramento Mayor Kevin Johnson continues efforts to round up investors who could compete with Hansen's offer and build a new arena in California. But he has yet to name any major investors who would back such a bid.

Stern also told the AP the relocation proposal calls for the team to play "two, years, possibly three" at KeyArena while a new venue is being built. 


Will the Kings play in Sacramento next year? 

Roberto February 07, 2013 at 08:42 PM
I'm really tired of hearing about all this. Like we're really suppose to care? Kevin Johnson and the Kings need to hop a bus and relocate in Seattle. Adios Muchacos!


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