KINGS RUMORS & GOSSIP

Last week, the NBA Board of Governors, no doubt carrying out strict marching orders from David Stern, voted to block relocation of the Kings from Sacramento to Seattle. In doing so, they also scuttled a potential sale of the Kings to a group led by Chris Hansen. Instead, the Maloof brothers will sell to a group headed by Vivek Ranadive. Tuesday, another penny dropped. Appearing on...

As the field for the NBA Finals is now down to 4 (Indiana, Miami, SAS, Memphis), the hopes and dreams of the other 26 teams have faded quickly. Some of them (Clippers, Knicks, Nuggets, OKC) left the playoffs too early, some of them (Lakers, Brooklyn) never materialized what they thought was a great team, and others (Minnesota, Philadelphia) were hit by the injury bug and never got...

On May 15th the NBA rejected a group of investors’ bid to move the Sacramento Kings to Seattle, Washington, the home of the one-time Seattle Supersonics.  The team, the league’s Board of Governors (*Author’s note: this is the part where I started imagining Marc Cuban wearing a powdered wig and shouting out “Nay, good sir!  Nay!” The post 5 Ways Chris Hansen’s Investment�...

NBA Commissioner David Stern got his wish as the Maloof family agreed to sell the Sacramento Kings for a franchise valuation of $535 million, which will be a league record, to a local group led by software magnate Vivek Ranadive.

A person familiar with the deal says the Maloof family has reached an agreement with a Sacramento group headed by TIBCO software tycoon Vivek Ranadive to sell a 65 percent controlling interest in the Kings at a total franchise valuation of $535 million. The person, speaking on condition of anonymity to The Associated Press late Thursday night because they weren’t authorized to...

After the Board of Directors declared that the Kings would be staying in Sacramento, USA Today's Sam Amick pieced together notes explaining the reason why.

DALLAS — NBA owners voted Wednesday to reject the Sacramento Kings’ proposed move to Seattle, the latest in a long line of cities that have tried to land the franchise. The 22-8 vote followed a recommendation made last month by the NBA’s relocation committee and may have finally brought an end to an emotional saga that has dragged on for nearly three years. A group led by investor...

Sacramento Kings owner George Maloof reportedly was chased into a closet by the media after the NBA owners had a relocation vote.

The Kings are officially not headed to Seattle, the league's owners rejected the idea with a vote of 22 to 8. 

via Capradio.org On the eve of the NBA Board’s meeting to decide the final fate of the Sacramento Kings franchise, Sacramento mayor and former NBA superstar Kevin Johnson will make a last pitch for his city to keep the team. The Seattle buyers bid was much higher so KJ has to appeal in a different way. per Capradio.org   The Mayor will make a presentation in Dallas, Texas...

The Hansen-Ballmer group, who is attempting to bring the Sacramento Kings to the City of Seattle, has a secret plan to relocate the team if the NBA keep blocking the move.According to a source, the group isn't taking no for an answer, as the NBA relocation committee voted to deny the relocation. The Seattle based investor group not only will increase their bid for the franchise...

A committee of NBA owners re-examined the potential relocation of the Sacramento Kings to Seattle on Monday, and reports say they came to the same conclusion as before: the franchise isn’t moving. The relocation committee will recommend to the league’s owners that the Kings not be allowed to be sold to a Seattle-based group led by investor Chris Hansen and Microsoft CEO Steve...

The Maloofs continue to consider the possibility of selling the Sacramento Kings to a group that intends to keep the team from relocating to Seattle, according to a source. Reports over the weekend indicated that the Kings have an alternative plan in place to sell a smaller stake to the Seattle-based group led by Chris Hansen. But the Maloofs "still has that option," said...

Sacramento appeared to score a victory recently when it looked like they would keep the Kings, but that may no longer be the case.

Heat owner Mickey Arison's recent discussion with a jilted Sonics fan brought to light a lot about the Kings situation, and also the future landscape of the league as well.