Re: Sacramento is going to lose the Kings to Seattle
The Maloofs have given a bankruptcy trustee some of the documents regarding the sale of the Sacramento Kings to a Seattle group, it was revealed today.
The documents could figure in the trustee's assertion that the Maloofs may be improperly denying the team's limited partners a chance to match the Seattle group's offer for the team.
David Flemmer, the bankruptcy trustee overseeing limited partner Bob Cook's 7 percent share of the team, has been negotiating with the Maloofs for weeks to get documents related to the Seattle deal. Flemmer's attorney, Don Fitzgerald, said in U.S. Bankruptcy Court today that the Kings relinquished some of the documents Friday and are expected to release more records today.
-- Sacramento Bee