Bring Your Own Burkle and other latest stuff

[jpsls]

Disagree. I think getting price could not happen until they found the $500 million offer. When they did the game was on and they knew any offer from " locals " would then meet their standard or thy would go elsewhere. How would you have done it?

Would you have signed a binding agreement to sell to the first bidder because that's what the Maloofs did.

[Glenn]

Who knows, the Maloofs may not wish to go down in the history of the NBA as the owner group despised by their city. Who knows, they may have pride and want the people of Sacramento to like them and wish to part on good terms. At one point, they valued their good relationship with Sacramento. Money is money. Burkle/Malov/etc. may be able to pay an extra $10-35 mil and that may be hard to turn down. A sale to a group that keeps the team local is inherently less costly than a sale that involves a move. Advantage: Sacto. Hansen and Ballmer have already locked in their offer. Ooops! Now the local ownership can offer a little more.

There are many reasons why the Maloofs would want to sell locally and I believe they told Cook, a minority partner, that they would sell locally if there move to Seattle turned down. They can keep playing this "let's try to move" game but have already been turned down to go to Anaheim and if they are turned down on a move to Seattle, what on earth would make anyone believe the next move would be authorized? I seriously don't think the whole family is evil.

I think they are losing money in Sacramento and how long does anyone thing that can go on?

[Glenn]

LOL at that whole entire post. Just a bunch of ridiculousness telling us why we should want the Kings to go to Seattle and we can get a mythical expansion team. No thanks jeff I'll keep my team here.

I am 68. I see no advantage personally to letting the team go to Seattle and then wait for an expansion team.

[Bricklayer]

I think they are losing money in Sacramento and how long does anyone thing that can go on?

This is not the probelm. People keep on acting like its even a possibility they come back. Its not.

The NBA will KICK them out of the league, which they have the power to do, if they don't go now. They are an active embarrassment causing the league damage. They have no money, have agreed to go. They are GONE. The only minor detail left is who they are TOLD to sell to. Because that is the case as well. The Maloofs signed a paper for a certain amount. Packed up their bags and left Sacto. They are no longer NBA owners. Whatever their intent, their sleaze, their backstabbing up until this point, its done now. They are out in 3 months. And its the NBA who gets to decide to whom they sign the team over.

[Glenn]

This is not the probelm. People keep on acting like its even a possibility they come back. Its not.

The NBA will KICK them out of the league, which they have the power to do, if they don't go now. They are an active embarrassment causing the league damage. They have no money, have agreed to go. They are GONE. The only minor detail left is who they are TOLD to sell to. Because that is the case as well. The Maloofs signed a paper for a certain amount. Packed up their bags and left Sacto. They are no longer NBA owners. Whatever their intent, their sleaze, their backstabbing up until this point, its done now. They are out in 3 months. And its the NBA who gets to decide to whom they sign the team over.

Sacramento: 2 - Seattle: 0.


Just a sec, I have abetter score.

[Dudeman23]

So I just got done talking to the wife of a radio host who works for 98.5. He is a good friend of whitey from the rise guys.... And whitey told her Chris webber is on board as an investor and that stern is leaving the bid open and on the table until sacramento comes and matches it!!!!! I'm pretty stoked I'm at work and am posting this in the bathroom stall because I just found out!!!

[Dudeman23]

So I just got done talking to the wife of a radio host who works for 98.5. He is a good friend of whitey from the rise guys.... And whitey told her Chris webber is on board as an investor and that stern is leaving the bid open and on the table until sacramento comes and matches it!!!!! I'm pretty stoked I'm at work and am posting this in the bathroom stall because I just found out!!!

whitey and Chris webber are good friends

[Glenn]

I was wondering what was going on with CWebb. Sounds like someone is writing a play and this is the big dramatic finish. Well, maybe not the biggest but still a good us of Chris.

[SacTownKid]

I saw CWebb on NBATV the other night and he very clearly said, "We are doing everything we can to keep the team in Sacramento", or something along those lines. Sounded like he was definitely involved in some capacity.

[Hoovtrain]

So I just got done talking to the wife of a radio host who works for 98.5. He is a good friend of whitey from the rise guys.... And whitey told her Chris webber is on board as an investor and that stern is leaving the bid open and on the table until sacramento comes and matches it!!!!! I'm pretty stoked I'm at work and am posting this in the bathroom stall because I just found out!!!

That is where i do some of my best work.

[wazzups]

This team has a history and is in sacramento now.....so what is a good decision for the league???? Chris Webber does not want the Kings Franchise to be eliminated and buried...there are other guys that were very good for the league that played here too and in the team history which is now very strongly tied to sacramento

[wazzups]

i remember traveling in 2002 and people in Canada were watching the Kings in the playoffs and i would tell them im from there...it was awesome

[wazzups]

coming home and the airport was plastered with different kings players all over the place welcome to sacramento international airport. Sacramento home of the KINGS

[wazzups]

So let the league decide... not those that have neglected a wonderful community treasure. And model Franchise of the league

[Elektrik]

Is he still running the operation down there? I was under the impression that he's been squeezed out of the position (wouldn't be the first time I'm wrong). With the drug and prostitution sting that has recently been reported, I would have to wonder if things weren't linked (not sure when the investigation actually happened).

HE's down in the basement with a stapler.

[VF21]

This is good to know. I was talking to my friend about it in Seattle and I am going to share it with you and tell me how far off base this is. He wrote that last part after the dots


Sorry but you've run in to a bigger snag by the name of Larry Ellison. No one in Sacramento can compete with the Hansen group cash-wise as of now. Any combination of Burkle, Ellison, and Mastrov can back one of the minority holders and buy the team. The Maloofs knew this and just got a free 30 million from Hansen and are going to sell the team to the Sac investors for the same price and make more money on the deal. Long Live the Kings!!!

.................................................. ......

I am going to do something. I am going to look at it from your view. We understand that today Ron Burkle went to the NBA office in NY and talked to David Stern. Now what was talked about was how serious the talk was about keeping the Kings in Sacramento. What was the chance for them to stay in Sacramento? Also he talked to the NBA about moving the arena idea from the railyards to the Crown Plaza in downtown Sacramento.

Then today Larry Ellison was going to meet with your mayor Kevin Johnson about buying the team.

I'll address it for you.....

Look remember the arena deal in March 2012 between City of Sacramento, AEG and the Maloofs were??? It was $250+ from Sacramento City parking lots, AEG was going to give $58.75 million and the Maloofs give $73.25 million at the railyards. Now Burkle says if we build it at Crown Plaza in Sacramento, the price is going to be a lot cheaper than the $391 million dollar arena at the railyards.

So you will have all the money you need plus it would be cheaper for Burkle to buy in. So in the Crown Plaza arena deal, you basically have all the same parties involved still offering the same money ($58.75 from AEG/ $250 million from the City of Sacramento Parking lots and instead of Maloofs there at $58 million, you have Burkle replacing them at a cheaper price. So as Burkle is a billionaire, $58 million is nothing to him. Understand??? So if Burkle agrees to the deal, you now have an arena deal in Sacramento. Don't think that Stern doesnt see this and will do whatever it takes for the deal to go through.

So I am guessing without building a complex there at the railyards, The Crown Plaza arena Burkle's price will be 40+million or less. Lot cheaper than at the railyards! The railyard arena is more expensive because your adding a hotel/ entertainment center and you have to pay a boatload of money to clean the railyards. I mean Enviromental Review costs and all of that is expensive. With the arena at the plaza, you wouldnt have to do that because you just tear down the movie theater and the buildings around there and then you just build the arena. Get me?? So your just building an arena and that is about it because you already have nearby parking garages and no place to build more. You just building an arena.

Now here is your best bet. You need to allow the Kings to come to Seattle because you would get rid of the Maloofs. Secondly, if you dont and the NBA doesnt allow the Kings to leave, the Maloofs are still your owner and they dont like Burkle. So then that would mean the Kings would still be looking to move the team to another city. So you start from page 1 again.

Then the NBA still wants the Seattle #13 market and Steve Ballmer in the NBA, so Seattle would get an expansion team and you get a chance to get nothing. So your best bet is the Kings come to Seattle and get rid of the Maloofs, the NBA with Ellison and Burkle involved with a strong arena agreement plan in place, then NBA BOG will not turn you down and you will get an expansion team that will stay in Sacramento forever. That is really the only choice you have.

See if the NBA BOG turns down the request, the problem is the Maloofs regain ownership and they dont have to stay. So you get a chance of losing the franchise. But if you allow them to leave and you get an agreement from the NBA you will get an expansion team next season or the year after that, you wont have the Maloofs as owners and you will have ellison and Burkle as owners. (There is no way NBA wants Ellison moving the team to San Jose. You already got the Warriors in San Jose market. Territory rights come into play!) So you end up with a new "Kings" and the fans will come out and sell out the place again with the cowbells ringing and all that.

So you end up with a team with new owners that dont want the Kings to leave town and you would have a new arena at crown plaza by co-owner Ron Burkle.

Ask your friend this question:

Say you've been renting a house for a number of years. You've always told the owner that you would buy it if he ever decided to sell. He remained adamant about not selling. Finally, one day you find out he has offered the house for sale to a stranger. Would you be happy? Wouldn't you want first refusal to match the stranger's offer? That's where we're at. We do NOT want an expansion team. We want to keep our team - and the history that goes with it.

Seattle has been without a team for several years. It makes much more sense for them to get the expansion team.

[Schmoe]

I stayed at a Crowne Plaza once, but I don't think an arena would fit there. It did have nice pillows, though.

[LWP777]

So let the league decide... not those that have neglected a wonderful community treasure. And model Franchise of the league

I think this gets overplayed a lot. I think we (Sacramento) have been a nice story in the NBA the last 25 years but I don't think we've been the "model franchise of the league." I'm not sure how we could be when about 75% of the time we've been one of the worst teams in the league.

[Tetsujin]

I think this gets overplayed a lot. I think we (Sacramento) have been a nice story in the NBA the last 25 years but I don't think we've been the "model franchise of the league." I'm not sure how we could be when about 75% of the time we've been one of the worst teams in the league.

I think model city is the more appropriate term. The only thing a franchise owned by the Maloofs would be is a model of abject failure.

[LWP777]

I think model city is the more appropriate term. The only thing a franchise owned by the Maloofs would be is a model of abject failure.

True and true!