Jan 11, 2013, 6:04 PM EST
As we told you earlier, the sale of the Kings won’t be a done deal until it is actually a done deal — contracts signed, press conferences convened, a river of tears flowing through the streets of Sacramento, etc.
Shortly after the initial report of the deal being done came out, our own Aaron Bruski reported that it wasn’t quite a done deal just yet, and that the Maloofs want a bidding war.
And around we go. Just as we had an earlier report today that it was (once again) essentially done and that the team will in fact be sold to the Seattle ownership group, now comes one that says a legitimate buyer has surfaced who not only has made an offer for the team, but who would keep it in Sacramento.
Mark Mastrov, the founder of 24-Hour Fitness who finished second to Joe Lacob and Peter Guber in bidding for the Warriors, told CBSSports.com Friday he has interest in buying the Kings and keeping the franchise in Sacramento.
“Definitely, there’ve been conversations,” Mastrov said from his northern California office. “Definitely there’s interest in acquiring the team and keeping it in Sacramento.”
Mastrov met with the Maloofs recently, and two league sources speaking on condition of anonymity said he has made a formal offer.
So, where does this leave us?
Well, if the league is truly interested in keeping the Kings in Sacramento and the price offered was reasonable — and, as noted in this report, it wouldn’t have to be as high as a group planning on relocating due to the cost of a loan from the city not needing to be repaid in full at the time of the sale — then they could not-so-gently nudge the Maloofs in the direction of taking this offer.
If the price offered by the Seattle group includes additional dollars in order to overpay for the right to relocate a team out of one NBA market and into another, however, that could be problematic, because the current ownership is going to want to (obviously) maximize any profits gained through a potential sale.
Again, nothing is final until it is actually final. And with one legitimate potential buyer emerging locally who would keep the team in Sacramento, things are likely to get much more complicated before they are ultimately settled.
Mar 3, 2015, 12:00 AM EST
The Warriors fell to 46-12.
Mar 2, 2015, 11:15 PM EST
Griffin has missed the Clippers’ last 10 games.
Mar 2, 2015, 10:30 PM EST
Whiteside grabbed Len by the legs.
Mar 2, 2015, 9:45 PM EST
Hamilton had no chance.
Mar 2, 2015, 9:00 PM EST
Yes, you read that right.
Mar 2, 2015, 8:15 PM EST
Teletovic is also out for the season.
Mar 2, 2015, 7:30 PM EST
We’ll see about that.
Mar 2, 2015, 6:44 PM EST
He will sit out Tuesday vs. Atlanta.
Mar 2, 2015, 6:15 PM EST
Nine total shoes, three colorways each.
Mar 2, 2015, 5:30 PM EST
Has his extra run and touches since Josh Smith was released changing the dynamic in Detroit?
Mar 2, 2015, 4:30 PM EST
Nobody is talking about Dwight Howard as long as the Rockets are winning.
Mar 2, 2015, 3:45 PM EST
The Knicks got some wins and move out of the cellar.
Mar 2, 2015, 3:08 PM EST
Wizards forward has twice been suspended following altercations with Chicago
Mar 2, 2015, 2:28 PM EST
Lakers guard says he can take a joke – just not this one
Mar 2, 2015, 1:45 PM EST
Bulls facing big challenge without their best player
Doc Rivers on DeAndre Jordan for Defensive Player of the Year: ‘If anybody else gets that award, we need to have an investigation’
Mar 2, 2015, 1:18 PM EST
Clippers coach: ‘What he’s doing defensively, if he was doing that offensively, he would be recognized as the MVP’
Mar 2, 2015, 12:38 PM EST
I can’t wait
Mar 2, 2015, 11:59 AM EST
Sleeves notwithstanding, these are good
Mar 2, 2015, 11:21 AM EST
Trail Blazers’ Paul Allen falls to No. 2 among NBA owners
Mar 2, 2015, 10:32 AM EST
Trail Blazers center has moves – or at least a move
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