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Yahoo! Sports: NBA Was Briefed On Kings Deal

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SACRAMENTO (CBS13) – There are new developments on what the NBA might know about the sale of the Kings.

Yahoo! Sports is now reporting that the NBA held a conference call last Tuesday in which the relocation committee was briefed about the terms of the sale to a Seattle business group.

The terms were a non-binding set of deal points on a $525 million sale.

Sources also tell Yahoo! Sports the Maloofs would not retain any operational control.

Watch CBS13 news at 5 p.m. tonight for the latest in this ongoing story.

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