It was reported yesterday that the Maloof brothers were very close to finalizing a deal to sell the Sacramento Kings to an ownership group from Seattle.
Shortly after that, reports started surfacing that the Maloof brothers had rejected the offer made by the Chris Hansen-led Seattle group.
Adrian Wojnarowski of Yahoo! Sports, who had first reported the potential sale, described the deal as “First and Goal from the 1-yard line.”
Now it is looking like the sale of the Kings is far from over and we may start hearing all kinds of rumors in the upcoming days or weeks as to what will happen.
We also are hearing today that the NBA has issued a memo to all owners to not talk about the possible Kings’ sale.
The city of Seattle was rejoicing yesterday about the potential return of their beloved Sonics and while there is still of course a very good chance of this being the case, the celebrating will be on hold for a little until something is finalized.
Hansen’s group from Seattle have begun construction on a new arena that will be ready for the 2015-16 NBA season. Their plans are to move the team to Seattle next year though and have them play in Key Arena which is the last place the Sonics played back in 2008.
Here is an interesting quote from Clay Bennett back in 2008: “We will reserve the name Sonics and SuperSonics and the marks and the colors and will not use them. But we will return them to (Seattle) if a team does indeed return to Seattle.”