N/P Seattle vs Sacramento to be decide today*Update* Maloofs agree to sell

Link to the Presser for after the vote:

http://www.king5.com/live-stream/pop...205420931.html

I'm more than certain they are keeping the team in Sacramento.

The guys/fans from Seattle seem very certain they'll be getting their team back.

If Benson wouldn't have stepped up i wonder if it would be us they are talking about...(i assume so)
I hope they stay.
Give Seattle an expansion team eventually.

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Originally Posted by iNolaNightmare

The guys/fans from Seattle seem very certain they'll be getting their team back.

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and the Sacramento people seem certain they'll stay lol

How does an expansion team work? In terms of personnel. ?

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Originally Posted by WhoDatPelican

If Benson wouldn't have stepped up i wonder if it would be us they are talking about...(i assume so)
I hope they stay.
Give Seattle an expansion team eventually.

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I think every Hornets (now Pelicans) fan breathed a sigh of relief when Benson bought the team... we knew what we were getting w/ Benson... fear of the unknown may haveworried us too much when it came to other outside owners

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Originally Posted by rt0307

I think every Hornets (now Pelicans) fan breathed a sigh of relief when Benson bought the team... we knew what we were getting w/ Benson... fear of the unknown may haveworried us too much when it came to other outside owners

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One of the happiest days as a fan for me. Top 5. (getting #1 pick in the draft probably #1..i think the whole neighborhood heard me yellin)

Owners opt for Sacramento

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DALLAS -- NBA owners have spoken: They, too, want the Kings playing in Sacramento.

A full meeting of the league's 30 teams met here Wednesday for nearly four hours and, according to sources with knowledge of the vote, ultimately backed last month's recommendation from a relocation committee that advocated to reject the Kings' proposed sale to a Seattle group headlined by lead investor Chris Hansen and keep the team in Sacramento.

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http://espn.go.com/nba/story/_/id/92...ngs-sacramento

good.

so it looks like the Kings stay in Sac... could the NBA take it over from the Maloofs at some point?

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ESPNSteinLine Marc Stein
Sources close to situation tell ESPN that owners' vote to keep Kings in Sacramento was 22-8

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..

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Originally Posted by rt0307

so it looks like the Kings stay in Sac... could the NBA take it over from the Maloofs at some point?

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They won't. The Maloofs have come off the worst in this. They are cowardly idiots and made it public to the rest of the league. If the Maloofs insist on not selling to the local SAC ownership group, the owners are likely to call in the $100 million debt the Maloofs owe, as well as refusing to give out their revenue sharing portion. Basically, let the Maloofs hang themselves.

The Maloofs will have to sell..they are broke.

Bunch of greedy knuckleheads. Serves them right.

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Originally Posted by iNolaNightmare

How does an expansion team work? In terms of personnel. ?

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Here's how it worked for the RobertCats.

http://www.nba.com/bobcats/news/draf...s_summary.html

http://i.imgur.com/X0DxL3w.png

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Originally Posted by Kibner

http://i.imgur.com/X0DxL3w.png

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wow... is this a south park episode?

HAHAHA! What a bunch of idiots.

http://deadspin.com/george-maloof-ch...oset-507044152

LOL

Feel bad for the Seattle fans, as a Seahawk fans, I know how great their fans are and how they deserve a team

I didn't think crap like that really happened IRL. But life will always write funnier things than people like me ever could.

Sources: Maloofs agree to sell Kings

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Just a day after NBA owners officially rejected a bid to relocate the Sacramento Kings to Seattle, the team's owners have agreed to sell the team to a Sacramento-based group, sources told ESPN.com.

Software billionaire Vivek Ranadive came to an agreement to purchase 65 percent of the Kings from the Maloof Family for approximately $348 million. The Kings' total valuation in the sale is $535 million, an NBA record.

The Maloofs, who have owned the team since 1998, had hoped to sell the stake to a group of Seattle businessmen who were offering $406 million for their shares. The family later proposed they would keep controlling interest of the team but selling off a 20 percent stake to the Seattle group.

But with the league's owners supporting Ranadive and the team remaining in California, the Maloofs quickly dropped their other plans and came to an agreement. NBA commissioner David Stern said Wednesday he expected such a deal would by signed by the end of the week. Stern said Ranadive had already put more than $200 million in an escrow account in anticipation of the purchase.

The Sacramento Bee first reported the sides had reached a deal.

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http://espn.go.com/nba/story/_/id/92...ording-sources

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Originally Posted by Vinny6420

Feel bad for the Seattle fans, as a Seahawk fans, I know how great their fans are and how they deserve a team

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Keep an eye on the Milwaukee Bucks situation

http://www.todaystmj4.com/sports/mil...207684371.html

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They have one of the least revenue-generating arena leases in the NBA with the Bradley Center, and the team hopes to make more money from amenities which their current 25-year-old arena cannot provide.

"If we don't secure the team to a long-term lease, there is no other way they're going to stay in Milwaukee," admitted Sheehy.

Estimated costs for a replacement for the Bradley Center run at about $500 million,

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Originally Posted by Vinny6420

Feel bad for the Seattle fans, as a Seahawk fans, I know how great their fans are and how they deserve a team

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They did everything possible to lose the one they had. I don't feel bad at all.

ESPN's PTI's Michael Wilborn on 5/17 after discussing the Sacramento Kings situation and "NBA expansion" throws out the "New Orleans can't support two professional sports teams with it's present population" bomb. Very annoying that these so called experts have nothing else to do but speculate on things they know nothing about. He was implying that the Pelicans could somehow wind up in Seattle.

Let's see if we can get a rebuttal out there.

Here are my thoughts aout this whole issue on several fronts:

1. City of Sacramento: You guys are pot stuck now. The Seattle owenership group has been claiming since this whole dispute started that the arena deal that Kevin Johnson and the Sacramento group had as part of their proposal was hogwash and would never happen. Now that could have been just negotiation fluff of course, but given how things usually happen in California and the history of stadium projects in that state over the last 20 years, there may be some merit here. Think about it: Can't get a stadium built in LA to lure an NFL team, can't get a stadium built in San Diego to replace Qualcomm, can't get a new stadium in Oakland for the A's and Raiders, the 49ers new stadium took about 20 years to finally start happening, the Arco area fiasco. The NBA stuck its neck out for you, you better come through.

2. City of Seattle: I feel bad for you, but you really have no excuses here. I feel about you the same I felt about Charlotte back when we got the Hornets. Same is true for LA when they lost the Rams and Raiders, Cleveland when they lost the Browns, and Houston when they lost the Oilers. If your team plays in a dump and you do not step up to the plate and assist in building a new place, you may lose your team. Period. You may say that it is wrong that owners demand public money for their stadiums, and that its wrong to spend millions of taxpayer dollars on stadiums and that argument certainly has merit. Just don't expect me to have any sympathy for you when you lose your team because there is always a city or a state willing to throw tax money at owners.

Key Arena was a dump for years and years. The city refused to step up to the plate to replace it. The Sonics left. Sorry guys, but i do not feel for you at all.

3. David Stern: It looks like that both Sacramento and New Orleans are the fortunate recipients of what is apparently one of the legacies that David Stern is trying to leave behind when he steps aside, that is that his league will no longer tolerate horrible owners. I think the Hornets leaving Charlotte primarily due to Shinn's stupidity and inabiility to own his team was the last straw. He bought the Hornets from Shinn because he was not going to let Shinn hold New Orleans hostage because Shinn was an idiot. Same with the Maloofs, their problems were totally self caused and they are a bunch of clowns. Stern is not gonna let these kind of bad owners hold his league hostage. He'll let things liek Seattle/OKC go because there was no clownish behavior there. Owner was stuggling, city would not step up, owner quickly sold, team left. There was not years and years of clowning around liek the Maloofs and Shinn had. I don't think Stern liked it at all, but without the years of foolishness ( and with the years of Seattle neglecting its arena situation) probably couldn't stop that one.

Addendum A: Right around the time Stern cracks down on clownish owners in Sacramento and New Orleans, the clown prince of owners himself, Donald Sterling of the Clippers, suddenly starts taking basketball seriously. Coincidence????????

4. Anyone else in a bad arena: Good news for those owners...David Stern will be gone when your issues come to the forefront. I seriously doubt that Adam Silver will have either the power or desire to strongarm owners like Stern has been doing the last several years on thse kinds of issues. When Stern is gone, the NBA will be back to its old ways, and teams will be free to move no matter what they have done to get themselves in trouble. So, if the Bucks are the next team to be in this situation, Stern will be gone by the time their issue hits the papers in a big way.

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Originally Posted by heartacre

ESPN's PTI's Michael Wilborn on 5/17 after discussing the Sacramento Kings situation and "NBA expansion" throws out the "New Orleans can't support two professional sports teams with it's present population" bomb. Very annoying that these so called experts have nothing else to do but speculate on things they know nothing about. He was implying that the Pelicans could somehow wind up in Seattle.

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I saw that too. So weird. Wilbon seems like a smart guy. You think he'd know that a local owner, local rebrand, new lease, new practice facility, etc. makes the Pelicans unmovable for the next decade at minimum.

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Originally Posted by heartacre

ESPN's PTI's Michael Wilborn on 5/17 after discussing the Sacramento Kings situation and "NBA expansion" throws out the "New Orleans can't support two professional sports teams with it's present population" bomb. Very annoying that these so called experts have nothing else to do but speculate on things they know nothing about. He was implying that the Pelicans could somehow wind up in Seattle.

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I saw that too but to be fair he said, "I wonder if New Orleans..." not what you said. He just threw that out there to get attention.

But I did send him a quick tweet:

@RealMikeWilbon Your comment on PTI regarding New Orleans was simply strange. New owner, rebrand, new practice facility, lease until 2024...

These guys don't know the details.

They are informed generalists, not specialists.

If there is a feasible way for teams to stay in their current locations I think that should be the default (other things being close to equal). Thus I am happy that Sacramento keeps the Kings. I do think that Seattle got a raw deal before. That city can absolutely support an NBA team and should get one soon. I'd be okay with expansion. I have heard rumblings that Milwaukee may be a possibility as a relocation.

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Originally Posted by Gumbo Jackson

If there is a feasible way for teams to stay in their current locations I think that should be the default (other things being close to equal). Thus I am happy that Sacramento keeps the Kings. I do think that Seattle got a raw deal before. That city can absolutely support an NBA team and should get one soon. I'd be okay with expansion. I have heard rumblings that Milwaukee may be a possibility as a relocation.

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NO NO NO. The league is already too watered down as it is.

I think there will never be any more expansion teams ever in the NBA, NFL, MLB, or NHL domestically. Any future expansion will be inernational. I think its clear that Roger Goddell wants a team in London come hell or high water. I'd bet that the NBA is waiting on that and if that works, they will do the same. That is the only expansion i forsee in any of these sports. Relocation is the only option to geta team now.

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Originally Posted by Purple Haze

NO NO NO. The league is already too watered down as it is.

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With front office talent; not player talent. There are so many more people playing basketball today at a higher level than there ever has been.

Sent from my DROID3 using Tapatalk 2

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Originally Posted by heartacre

ESPN's PTI's Michael Wilborn on 5/17 after discussing the Sacramento Kings situation and "NBA expansion" throws out the "New Orleans can't support two professional sports teams with it's present population" bomb. Very annoying that these so called experts have nothing else to do but speculate on things they know nothing about. He was implying that the Pelicans could somehow wind up in Seattle.

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It's a complete waste of argument and air time in 2013.

I just ignore Wilbon like I ignore Skip Bayless. They just want to get under your skin. Don't take the bait. You can shut them up by FILLING the seats this season. If it really got to you buy some tickets. It $ucks to go these games in the arena and see it half full or cheering for the HEAT. Prove em wrong this season.

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Originally Posted by cki3915

I think there will never be any more expansion teams ever in the NBA, NFL, MLB, or NHL domestically. Any future expansion will be inernational. I think its clear that Roger Goddell wants a team in London come hell or high water. I'd bet that the NBA is waiting on that and if that works, they will do the same. That is the only expansion i forsee in any of these sports. Relocation is the only option to geta team now.

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Not too sure about that. I think Seattle will get an expansion team. Like stern said. They will visit expansion for Seattle when the new tv deal is in place.We will see tho.

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Originally Posted by heartacre

ESPN's PTI's Michael Wilborn on 5/17 after discussing the Sacramento Kings situation and "NBA expansion" throws out the "New Orleans can't support two professional sports teams with it's present population" bomb. Very annoying that these so called experts have nothing else to do but speculate on things they know nothing about. He was implying that the Pelicans could somehow wind up in Seattle.

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I'm glad you saw that crap to because I called him out on twitter behind it and dared him to respond since he apparently works for a "sports reporting" business. Other people from other NBA cities even questioned him about it. Lost a lot of respect for dude behind that!

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Originally Posted by Purple Haze

But I did send him a quick tweet:

@RealMikeWilbon Your comment on PTI regarding New Orleans was simply strange. New owner, rebrand, new practice facility, lease until 2024...

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You were being too nice. Should've said idiotic and uninformed.

New Orleans shouldn't have two franchises is a LOT of talking heads on ESPN's position. I guarantee you Colin Cowherd shares the sentiment. Especially since he's from that area.

Wilbon (like other media personnel) is just a little troll. Pay no attention and they die away.

I am happy for Sacramento, however I have major question marks on how a city that is already economically frail as it is can financially afford to fund building of a new arena. Also, if you look at history of arena/stadium construction; the average time for construction/funding/approvals seems to be around six years. The 49ers and Giants had to wait that long to get their stadiums completed. I have a suspicion it's going to take this that long for Sacramento.

I hate seeing cities lose their team (I know it sounds hypocritical of me to say) but I also think the Seattle group/offer seemed a little more firm and full of answers. The Sacramento conglomorate has a ton too many holes for my liking.

As for Willbon, he's like a majority of the ESPN "employees." He's a glorified talking head.

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Originally Posted by Bayou Bee

I am happy for Sacramento, however I have major question marks on how a city that is already economically frail as it is can financially afford to fund building of a new arena. Also, if you look at history of arena/stadium construction; the average time for construction/funding/approvals seems to be around six years. The 49ers and Giants had to wait that long to get their stadiums completed. I have a suspicion it's going to take this that long for Sacramento.

I hate seeing cities lose their team (I know it sounds hypocritical of me to say) but I also think the Seattle group/offer seemed a little more firm and full of answers. The Sacramento conglomorate has a ton too many holes for my liking.

As for Willbon, he's like a majority of the ESPN "employees." He's a glorified talking head.

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The funding and approval have already been completed for SAC. They are selling the parking spots around the location for the new arena to the team. They are making up that lost revenue with increased revenue sharing from some aspects of the arena.

NBA roundup: NBA gives Kings arena deadline

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The NBA is giving the new Sacramento Kings ownership group a 2017 deadline to have a new arena built or risk losing the team to new owners.

The Sacramento Bee reported that the group, which is led by Vivek Ranadive, must meet a series of benchmarks as part of the agreement to own the team. Its purchase of the Kings from the Maloof family for an NBA-record $535 million was finalized this week.

If Ranadive's group does not meet the 2017 deadline, the NBA can arrange for new owners to buy the team and move it to another city. Ranadive plans to have an arena built by 2016.

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http://sports.yahoo.com/news/nba-rou...7366--nba.html

I'm rather surprised to see the "B" word used in conjunction with another team outside of ours. :rolleyes:

http://www.bizjournals.com/sacrament...ans-in-ad.html







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