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Reports Say Seattle and Sacramento Both Have Bidders for Kings



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(Sacramento, CA)
Friday, January 11, 2013
 
Update: 4:10 pm.

John Kehriotis, one of five limited partners of the team, said, "As an owner, one would think I'd know something about it, and I don't, at this point anyway."

He said he has had no contact with the Maloofs or with any of the other three limited partners.

"First of all, I don't know if there is an offer. I don't know what the offer says. I don't know if the offer gives me any options. When the Maloofs contact us, I'll have a better idea of how to answer any of your questions,"  he said.

Kehriotis added that one thing he does know is he would like the team to remain in Sacramento. 

Late this afternoon another report surfaced from CBSSports.com saying the founder of 24 Hour Fitness has put a bid in to buy the team and keep it in Sacramento.  

CBSSports.com story
Potential Kings buyer emerges, would keep team in Sacramento
 
 
 
Original story:
 
Another reporter says the Sacramento Kings have been sold to a group out of Seattle. But if a deal has been reache, it's news to the team's other owners.
 
John Kehriotis is one of five limited partners of the team,  "As an owner, one would think I'd know something about it, and I don't."
 
 He says he has not had contact with the Maloofs or with any of the other three limited partners, "First of all, I don't if there is an offer. I don't know what the offer says.  I don't know if the offer gives me any options.  When the Maloofs (indecipherable), I'll have a better idea of how to answer any of your questions." 
 
Maloof spokesman Eric Rose released a statement saying only, "Nothing has changed with our position that we will not comment on rumors or speculation about the Sacramento Kings franchise."
 
Kehriotis says one thing he does know is he would like the team to remain in Sacramento
 
Additional coverage:
 
Sacramento Bee
Kings sold to Seattle grouop, says unconfirmed report
 
KCRA.com
Comcast Sports Net: Kings sold to Seattle group


Read more here: http://www.sacbee.com/2013/01/11/5108127/kings-sold-to-seattle-group-says.html?utm_source=dlvr.it&utm_medium=twitter#mi_rss=Latest News#storylink=cpy

News10.net video from Friday night:

Sacramento Mayor Kevin Johnson jokes with LaBron James during the St. Hope fundraiser about buying the Kings. 
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