The Future of the Sacramento Kings: The Clock Ticks Down
THIS IS AN ARCHIVE OF STORIES FILED PRIOR TO MAY 15, 2013. GO HERE FOR THE LATEST NEWS REGARDING THE SACRAMENTO KINGS AND THE PLANNED DOWNTOWN ARENA
Capital Public Radio News Reports
Mayor Johnson: Maloofs Kept Sacramento's Hopes Alive
Tuesday, May 14, 2013On what could be the final day of the battle between Sacramento and Seattle over the Sacramento Kings franchise, Sacramento Mayor Kevin Johnson says the city won't lose its team even though Seattle's bid is higher.
Kings "Unusual" Ownership Vote Nears
Monday, May 13, 2013NBA owners are expected to vote Wednesday on whether the Sacramento Kings will play next year in Seattle or stay right where they are. That vote appears to be unprecedented among major sports leagues.
Report: Maloofs Have Backup Plan to Take Seattle Money But Retain Control of Kings
Saturday, May 11, 2013ESPN.com reports the team's majority owners have agreed to sell 20 percent of the team for $125 million. The agreement would be a backup plan should the other owners fail to approve a Seattle group's bid to buy control of the team and move it.
Seattle Investors Pour More Money Into Bid For Kings
Friday, May 10, 2013A group of Seattle investors has increased its assessment of the value of the National Basketball Association’s Sacramento franchise by $75 million.
Sacramento Mayor Tells Seattle Investors It Would Be Better For Them If They Forgot About The Kings
Tuesday, May 07, 2013Sacramento Mayor Kevin Johnson says if he were leading the Seattle group trying to move the Sacramento Kings, he’d give up.
Report: Sacramento Investors Agree to Less NBA Revenue Sharing
Monday, May 06, 2013A group of Sacramento investors would take significantly less in revenue sharing money from the National Basketball Association -if the league agrees to allow the group to purchase the Sacramento Kings, according to a story published today.
Whales Put Half of Their Bid For Kings in Escrow
Friday, May 03, 2013As much as $170.5 million is in a special account to be used if a Seattle bid is denied and a Sacramento bid for the Kings is accepted. The deposit was expected and comes the day after NBA officials visited Sacramento.
NBA In Sacramento For Meetings
Thursday, May 02, 2013The officials in town are here to talk arena sites, but other talks are also underway regarding a sale of the Sacramento Kings to the investors who want to keep the team in Sacramento.
Next NBA Commish Says Kings Fans More Impressive Than Seattle's Corporations
Wednesday, May 01, 2013Seattle’s inability to keep its former NBA team and Sacramento’s fan support for the Kings are two big reasons an NBA committee recommended against moving the Sacramento Kings.
Seattle Investors Say The Game Isn't Over
Tuesday, April 30, 2013Sacramento celebrated. Seattle hung its head in disappointment. But, Seattle native and lead investor Chris Hansen says they shouldn't give up.
Slideshow: Kings Fans Celebrate NBA Committee Vote
Tue, Apr 30, 2013
Sacramento Kings fans joined Mayor Kevin Johnson at a downtown press briefing and rally to celebrate the NBA relocation committee's recommendation against moving the team to Seattle. Johnson was cautious, saying this is just one step in the process.
Kings Fans Rally in Downtown Sacramento
Tue, Apr 30, 2013
Kings fans are up after the National Basketball Association’s relocation committee gave a thumbs down to Seattle's bid for the team. And both cities have been given a date when a final decision on the team might be made.
NBA Committee Says Kings Should Not Relocate
Mon, Apr 29, 2013
It appears the Sacramento Kings will play at least one more year in Sacramento. A special committee of NBA owners has recommended against relocation of the Sacramento franchise to Seattle. Updated 5:50 p.m.
Final NBA Vote on Kings Likely May 13
Fri, Apr 26, 2013
Commissioner Stern says one city will be unhappy with the final outcome, but it seems possible both Sacramento and Seattle could come away unhappy.
NBA Committee To Meet Monday On Kings Future
Thu, Apr 25, 2013
The timeline for a decision from the NBA is a little clearer.
CEQA Reform 'On Point' to Address NBA Concerns Over Sac Kings Bid
Wed, Apr 24, 2013
California Senate leader Darrell Steinberg has released the specific details of a bill that he says would help Sacramento build a downtown arena more quickly.
Sacramento Downtown Arena Drawing Released
Wed, Apr 24, 2013
What might a new arena in downtown Sacramento look like? See for yourself, as a set of drawings by AECOM and the City of Sacramento are now available.
Legal Expert: Sacramento Improvising to Complete Offer
Fri, Apr 19, 2013
Although the commissioner of the National Basketball Association says there is nothing wrong with the Sacramento offer for the Kings, the commissioner also says the offer is incomplete.
Maloof Letter Provides Details of Competing Bids
Fri, Apr 19, 2013
The Maloof family's letter to the National Basketball Association’s finance and relocation committees urges the owners to support Seattle’s bid for the Sacramento Kings’ franchise.
Stern: Nothing Wrong with Sacramento's Offer
Fri, Apr 19, 2013
During his 30-minute press conference today from New York, NBA Commissioner fielded a variety of questions regarding the fate of the Sacramento Kings. Competing purchase offers from Sacramento and Seattle groups were "in the ballpark," he said.
NBA Meetings in NYC Wrap Up
Fri, Apr 19, 2013
Capital Public Radio's Ben Adler gives Insight host Beth Ruyak an update on the NBA meetings going on in New York this week.
NBA Team Owners Meet In NYC To Discuss Fate Of The Kings
Thu, Apr 18, 2013
NBA owners are meeting in New York City today to discuss the future of the Sacramento Kings. They're evaluating competing proposals from investor groups in Sacramento and Seattle. Updated: 1:10 p.m.
Fans At Kings Season Finale Make Pitches to NBA
Thu, Apr 18, 2013
Seventeen thousand fans wore purple and white and chanted Sac-RAH-MEN-to during the Sacramento Kings final game of the season last night –hoping their voices could be heard 3,000 miles away.
Sacramento and Seattle Will Have One More Chance To Sway NBA
Thu, Apr 18, 2013
National Basketball Association Commissioner David Stern says the fate of the Sacramento Kings won’t likely be decided until investors from Seattle and Sacramento make another presentation before the league’s owners.
As it Happens: Kings Fans Fill Arena for Season Finale - Storify
Thu, Apr 18, 2013
The Sacramento Kings 2012-13 season came to an end Wednesday night, and Sleep Train Arena was filled with fans who may have witnessed the teams' final game in Sacramento. We tapped into Twitter to create a Storify slideshow from the arena.
No Vote This Week on Kings Future
Tue, Apr 16, 2013
The National Basketball Association says its Board of Governors will meet for three days this week but will not make a decision by the end of its meetings on Friday.
Seattle's Hansen One Step Closer To Owning Share of Sacramento's Kings
Tue, Apr 16, 2013
Seattle’s Chris Hansen has a bankruptcy court judge's blessing to buy part of the Sacramento Kings after a Sacramento offer fails to materialize.
Source: Sac Investor Group Will Match Seattle Offer For Kings
Fri, Apr 12, 2013
The Seattle investor group seeking to buy the Sacramento Kings is increasing the value of its offer by $25 million. That news comes on the same day a source close to Sacramento's investor group said it would match the Seattle group's earlier offer.
Update: Maloofs Give Sac Investors Deadline for Formal Offer
Thu, Apr 11, 2013
The NBA has reportedly asked the investor group trying to keep the Sacramento Kings from moving to Seattle to compensate the Seattle group for its $30 million non-refundable deposit if the team stays put. Story updated 11:30 p.m. Thursday
Friedman In, Burkle (Kind of) Out in Kings Investor Group Shuffle
Tue, Apr 09, 2013