Link to the Presser for after the vote:
http://www.king5.com/live-stream/pop...205420931.html
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Link to the Presser for after the vote:
http://www.king5.com/live-stream/pop...205420931.html
HR SIM LEAGUE: MEMPHIS GRIZZLIES
Mod over at reddit.com/r/NOLAPelicans
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.
How does an expansion team work? In terms of personnel. ?
"The pelican is fearsome. Take a raven, for example: it's omnivorous. It eats bugs, and seeds, and fruit, and carrion. Compared to the well-rounded citizen that is the raven, the pelican is the serial killer of birds." - Barry Petchesky, Deadspin
Owners opt for Sacramento
http://espn.go.com/nba/story/_/id/92...ngs-sacramentoDALLAS -- 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.
so it looks like the Kings stay in Sac... could the NBA take it over from the Maloofs at some point?
..ESPNSteinLine Marc Stein
Sources close to situation tell ESPN that owners' vote to keep Kings in Sacramento was 22-8
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.
Here's how it worked for the RobertCats.
http://www.nba.com/bobcats/news/draf...s_summary.html
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"Aime la vérité, mais pardonne ?** l'erreur." - François-Marie Arouet (Voltaire)
Feel bad for the Seattle fans, as a Seahawk fans, I know how great their fans are and how they deserve a team
New Orleans Pelicans-Seattle Seahawks-Atlanta Braves-Anaheim Ducks
RIP HunnyB
This fits HunnyB/FlyGirl so well- https://www.youtube.com/watch?v=IyzTiSEfM00
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
http://espn.go.com/nba/story/_/id/92...ording-sourcesJust 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.
Keep an eye on the Milwaukee Bucks situation
http://www.todaystmj4.com/sports/mil...207684371.html
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,
Last edited by PowerPel; 05-17-2013 at 12:16 AM.
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