Results of NBA meeting: Sacramento keeps Kings
NBA owners have spoken: They, too, want the Sacramento Kings playing in Sacramento.
A full meeting of the league's 30 teams met here Wednesday for nearly four hours and, according to sources with knowledge of the vote, ultimately backed last month's recommendation from a relocation committee which has been advocating since mid-April to reject the Kings' proposed sale to a Seattle group headlined by lead investor Chris Hansen and keep the team in Sacramento.
Hansen's group raised the overall valuation of their offer to buy the Kings to a league-record $625 million last week, but sources told ESPN.com that the owners gathered at this specially convened Board of Governors meeting at the Hilton Anatole have voted to reject the sale and proposed relocation of the Kings to Seattle.
Reported by Marc Stein of ESPN.com