Sacramento Mayor Kevin Johnson
It’s official: The NBA Board of Governors denied Seattle’s attempt to purchase the Sacramento Kings.
The Maloof family is making more moves to prevent Mayor Kevin Johnson’s assembled ownership group from buying the Kings.
Chris Hansen has increased his total valuation of the Sacramento Kings from $550 million to $625 million in another attempt to sway NBA owners to allow him to buy the franchise and move it to Seattle.
Officials with the NBA announced the board of governor’s will not vote this week on the future of the Sacramento Kings.
There’s another addition to the investor group to save the Kings and keep the team from moving to Seattle, Mayor Kevin Johnson announced Friday morning via social media.
On Wednesday, the Maloofs issued an ultimatum to the Sacramento investor group trying to buy the Kings, saying they want an offer in writing by Friday or they will not negotiate with Sacramento investors — no matter what.
Billionaire Ron Burkle will no longer be part of Mayor Kevin Johnson’s whale investors’ effort to keep the Sacramento Kings from moving to Seattle.
Kings fans turned out to welcome back Mayor Kevin Johnson as he landed at Sacramento International Airport Thursday morning.
Mayor Kevin Johnson says he believes Sacramento’s bid for the team will match Seattle’s and he’s feeling a rush nearing the NBA’s decision day.
Two of the three men involved in a plan to keep the Kings in Sacramento held meetings in Sacramento Monday.
Billionaire Mark Mastrov spoke publicly for the first time Friday about his bid to keep the Kings in Sacramento as NBA Commissioner David Stern said Mayor Kevin Johnson’s investor group must increase their bid if they hope to keep the basketball team.
After weeks of behind the scenes work, Mayor Kevin Johnson is expected to reveal the highly speculated names of the deep-pocket investors he’s lined up to bid on the Sacramento Kings.
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