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Old 01-22-2013, 10:07 PM   #5
Killbot
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Join Date: Feb 2009
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Default Re: Maloofs will sell Kings to group in Seattle

Quote:
Originally Posted by JellyBean
Apparently the NBA great, at least to me, Kevin Johnson, Mayor of Sac-Town, is trying to put together a last ditch effort to get save the Kings. Dude has got together 20 people to invest $1 million to become minority owners of the Kings

http://hangtime.blogs.nba.com/2013/0...ity-investors/

It could work, but I honestly don't see Stern or any owner ok'ing the Kings' 20 minority owners, besides the backstabbing Clay Bennett. It doesn't add up. Decision making becomes a real problem as 20 of those owners might have different interests in where the Kings are going, whether financial reasons or whatever.

Meanwhile, Hansen and Steve Ballmer, both very rich have enough stability for ownership of a team. Not to mention Seattle would be the 12th largest market vs Sac Kings small market (Stern likes money). Plus Stern did say before he retired, he wanted Seattle to have a team. This is one of the rare chances to make this happen.

In Feb 2014, if what he says is true and he's going to retire, it will be the EXACT time where Seattle will begin to play its first season, assuming the Kings are going to relocate. Like Woj said, Stern is a dictator. He's going to get what he wants.

Last edited by Killbot : 01-22-2013 at 10:10 PM.
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