So I checked this out with a buddy of mine who used to be with Goldman Sachs and has specifically worked on sports team acquisitions. He said he’s heard nothing about a Pels sale but said that buy-side guys—basically billionaires who want to get in the club + the camp advisors who stand to make a small fortune on an acquisition—are always chumming the waters about teams being “on the block.” It’s the equivalent of short-sellers in the market trying to drive a stock down with a whisper campaign. Of course the team could be sold, but apparently there is a ton of disinformation being spread around. My buddy said he actually thinks expansion is much more likely than a relocation. NBA doesn’t like it. Plus the expansion fees paid to the owners would enormous. Take it for what it’s worth.