Rumors swirl about selling Sacramento Kings to Seattle
Sacramento and the Twittersphere are buzzing this morning about a rumor of a Kings move started by a now-deleted tweet by the daughter of a well-known sports agent.
Several Sacramento-based sports reporters ...
Investor interested in moving Sacramento Kings to Seattle
Chris Hansen contacts the Maloof family, which owns the Kings, about a purchase that would return the NBA to Seattle. He would build an arena.
Hansen's interest was confirmed Wednesday by people with knowledge of the situation. They spoke on condition of anonymity to the Associated Press because no deal has been reached.
One person said the Kings could sell for more than $500 million. The Kings' future in Sacramento has been uncertain because brothers George, Joe and Gavin Maloof and the city haven't been able to come up with a long-term arena solution.
Yahoo Sports first reported the discussions between the Kings and Hansen. Yahoo reported a possible sale could land the Kings in Seattle for the 2013-14 season. The team would play at KeyArena as a temporary home until a new arena is constructed.