Page 7 of 8 FirstFirst ... 5678 LastLast
Results 121 to 140 of 143

Thread: Local buyer reportedly enters the picture!

  1. #121
    My pants just got shorter after reading that article

  2. #122
    Senior Member bajaden's Avatar
    Join Date
    Jul 2006
    Location
    baja, mexico
    Posts
    13,436
    Incredible, I just read an article, and maybe its already been posted and I missed it, but it said the Maloofs won't sell unless they can retain the rights to have a say in the management of the team. If they can't, then their going to apply for relocation to Anaheim again. If the relocation committee deny's the request, then they'll sue the NBA. By the time this is over with, they will be the most hated owners in the history of sports. I don't think they're making many friends amongst the BOG'ers.

    The article was by Ric Bucher, so you have to take it with a grain of salt.
    Last edited by bajaden; 01-12-2013 at 01:50 PM.
    Its hard to have a battle of wits with an unarmed person.

    Hard work beats talent, when talent doesn't work hard.

  3. #123
    Quote Originally Posted by bajaden View Post
    Incredible, I just read an article, and maybe its already been posted and I missed it, but it said the Maloofs won't sell unless they can retain the rights to have a say in the management of the team. If they can't, then their going to apply for relocation to Anaheim again. If the relocation committee deny's the request, then they'll sue the NBA. By the time this is over with, they will be the most hated owners in the history of sports. I don't think they're making many friends amongst the BOG'ers.

    The article was by Ric Bucher, so you have to take it with a grain of salt.
    Unreal. These bafoons are so out of control.

    Edit: what article was this baja?

    Double edit: just saw bucher
    Last edited by Hoovtrain; 01-12-2013 at 01:54 PM.

  4. #124
    Quote Originally Posted by bajaden View Post
    Incredible, I just read an article, and maybe its already been posted and I missed it, but it said the Maloofs won't sell unless they can retain the rights to have a say in the management of the team. If they can't, then their going to apply for relocation to Anaheim again. If the relocation committee deny's the request, then they'll sue the NBA. By the time this is over with, they will be the most hated owners in the history of sports. I don't think they're making many friends amongst the BOG'ers.

    The article was by Ric Bucher, so you have to take it with a grain of salt.
    Aaron Bruski@aaronbruskiThe Maloofs have no leverage in the OC, no deal in the OC, and no leverage in an antitrust suit. Anybody reporting that is on the take.


    Bruski seems to think that rumor is total hogwash. I'll take his word for it over some clown like Bucher

  5. #125
    Senior Member rainmaker's Avatar
    Join Date
    Jan 2008
    Location
    Concord/NY
    Posts
    9,008
    stevelarge_cbs13 ‏@largesteven
    JMA Ventures planned bid for Kings includes Darius Anderson. The same man that connected billionaire Ron Burkle to KJ two years ago.


    “Sacramento is where I want to be,’’ he said. “I want to bring the organization back, help the organization get started back winning. I love the city of Sacramento. That’s where I want to be. End of story. “We can dig a hole, throw that topic in there, cover it with dirt, pack it down. I want to be in Sacramento. End of story.’’ -DeMarcus Cousins

    Our franchise literally is about to rise from the ashes.

  6. #126
    Senior Member bajaden's Avatar
    Join Date
    Jul 2006
    Location
    baja, mexico
    Posts
    13,436
    Quote Originally Posted by The_Jamal View Post
    Aaron Bruski@aaronbruskiThe Maloofs have no leverage in the OC, no deal in the OC, and no leverage in an antitrust suit. Anybody reporting that is on the take.


    Bruski seems to think that rumor is total hogwash. I'll take his word for it over some clown like Bucher
    No argument from me. Bucher is one of those guys that I have no respect for at all. One of my enjoyable moments came when Mark Cuban litterally took apart Bucher on ESPN. He exposed Bucher for the ignorant A$$ he is. It wouldn't surprise me if the Maloofs didn't threaten to move to Anaheim again though. I read on another thread, and I'm sorry I can't remember his name, but he's an antitrust expert, that its possible that the franchise agreement the Maloofs signed with the NBA has a no lawsuit agreement in it. If true, then the Maloofs are totally screwed if their planning an antitrust suit against the league. He said this kind of wording is usually in the "Best interest of the NBA" part of the franchise agreement.
    Its hard to have a battle of wits with an unarmed person.

    Hard work beats talent, when talent doesn't work hard.

  7. #127
    Quote Originally Posted by bajaden View Post
    No argument from me. Bucher is one of those guys that I have no respect for at all. One of my enjoyable moments came when Mark Cuban litterally took apart Bucher on ESPN. He exposed Bucher for the ignorant A$$ he is. It wouldn't surprise me if the Maloofs didn't threaten to move to Anaheim again though. I read on another thread, and I'm sorry I can't remember his name, but he's an antitrust expert, that its possible that the franchise agreement the Maloofs signed with the NBA has a no lawsuit agreement in it. If true, then the Maloofs are totally screwed if their planning an antitrust suit against the league. He said this kind of wording is usually in the "Best interest of the NBA" part of the franchise agreement.
    I remember that too, it was hilarious. Although i thought it was Skip Bayless. Either way they are both one in the same ( or is it "and the same?)
    Last edited by Hoovtrain; 01-12-2013 at 02:41 PM.

  8. #128
    Senior Member jaysoonii's Avatar
    Join Date
    Apr 2005
    Location
    Roseville, CA
    Posts
    249
    I hope they go to Anaheim before Seattle

  9. #129
    Disgruntled Kings Fan Contributor Larry89's Avatar
    Join Date
    Jan 2006
    Location
    Folsom, CA
    Posts
    3,340
    Maloofs = Corleones but every brother is Fredo???
    Sacramento Kings - Where WTF Happens


  10. #130
    Quote Originally Posted by Larry89 View Post
    Maloofs = Corleones but every brother is Fredo???
    Good, that means all 3 are going to get whacked.

  11. #131
    Incredible.

  12. #132
    Senior Member bajaden's Avatar
    Join Date
    Jul 2006
    Location
    baja, mexico
    Posts
    13,436
    Quote Originally Posted by Hoovtrain View Post
    Good, that means all 3 are going to get whacked.
    I own a nice little row boat.
    Its hard to have a battle of wits with an unarmed person.

    Hard work beats talent, when talent doesn't work hard.

  13. #133
    Senior Member Uk kings fan's Avatar
    Join Date
    Dec 2011
    Location
    Leeds, Yorkshire, UK
    Posts
    441
    guys what is the word on the ground and feeling currently?? i was rsigned to losing them so stepped away for the last few days and i come back and we have a buyer and everyone is happy.... are we saved???
    My predictions every year before the draft

    Steals of the draft

    2012
    1st round - Royce White/Andre Drummond
    2nd round- Jae Crowder


    Biggest Bust
    2012- Damian Lillard

    Players I Dislike
    2012- Jeremy Lamb

  14. #134
    Senior Member Contributor kennadog's Avatar
    Join Date
    Apr 2005
    Location
    Valley of the Kings
    Posts
    13,651
    Quote Originally Posted by Arco Arena View Post
    A local buyer who inherits the $77M loan is in no better position than the Seattle group if they chose to pay that loan back with another loan. That's the point. Many include the $77 million loan as some kind of discount, it isn't. The main difference/discount of buying locally is only the relocation fee. Don't see how you could argue otherwise.
    No one said it was a discount. But for any buyer that wants to move the team, they have to pay off the city loan immediately. Someone buying the team to keep in Sacramento does not have to factor in immediate repayment. I imagine it would be paid off or terms renegotiated, in conjunction with building a new arena. The bottom line is someone moving the team has to come up with the money to repay the city's loan now, while someone stying doesn't have to factor that into buying the team to keep it here.


    It doesn't mean it never has to be paid off, but a local buyer does not have to take it into account in the amount of their offer to purchase the team. They can just pay the Maloofs a lower amount and assume the loan.

    As to people who think these buyers don't borrow to purchase, that's silly. They lose a big write off for the business if they have no loan interest and fees to write off against revenue every year. Believe me, they want every single expense write off they can get.
    Last edited by kennadog; 01-12-2013 at 05:12 PM.
    I have faith the league owners will stand behind Sacramento.

  15. #135
    With the sale of the Kings to....whoever at this point, Is STA and the property it is on included in the deal? I mean what does Chris Hanson need with that property? I am assuming it is included since the Kings are going to need somewhere to play while a new arena is built right? That is to say that if the Local buyers are able to purchase the team. Just wondering how that comes in to play...

  16. #136
    ^^^ Sonic-kings will play in Key Arena in Seattle while they are waiting for a new arena to be built.

    Local owner either renovates STA or plays in STA while a new Downtown Sacramento arena is built.

  17. #137
    Dalek Vlade Contributor
    Moderator
    VF21's Avatar
    Join Date
    Aug 2001
    Location
    In the TARDIS
    Posts
    73,449
    Quote Originally Posted by rainmaker View Post
    stevelarge_cbs13 ‏@largesteven
    JMA Ventures planned bid for Kings includes Darius Anderson. The same man that connected billionaire Ron Burkle to KJ two years ago.
    And slowly but surely the pieces start to fit and a picture begins to emerge.
    SACRAMENTO KINGS - A Family Tradition - The passion runs deep with fans of this team.

    Why is the rum always gone? --
    Cap'n Jack Sparrow

    THANK YOU KEVIN JOHNSON! #WeAreSacramento - May 17, 2013

  18. #138
    Senior Member TyFreak Evans's Avatar
    Join Date
    Apr 2012
    Location
    Roseville, California
    Posts
    389
    Quote Originally Posted by Uk kings fan View Post
    guys what is the word on the ground and feeling currently?? i was rsigned to losing them so stepped away for the last few days and i come back and we have a buyer and everyone is happy.... are we saved???
    Not saved yet. But not lost yet either.
    #HereWeStayed
    BOOM! goes the dynamite.

  19. #139
    Where is Burkle?

  20. #140
    I was watching the MIA broadcast and in their interview with KJ they mentioned 4 different groups looking to buy the kings and keep them here. If thats the perception out in the world its only a good thing for SAC.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •