Skip to content

David Stern sets the stage for final leg of the Sacramento Kings saga

Feb 19, 2013, 5:44 PM EDT

NBA Commissioner David Stern listens at a news conference before the All Star slam dunk competition during the NBA basketball All-Star weekend in Houston Reuters

There is a lot to understand when it comes to the potential sale of Sacramento Kings.  As NBA commissioner David Stern laid out Saturday, the 29 owners deciding the Kings’ future home face a complex story involving a great ownership group in Seattle and a compelling story out of Sacramento.

Seattle’s ownership group already has executed a contract to buy the Kings from the Maloof family. If Sacramento mayor Kevin Johnson produces a “fair and competitive” offer – including a significant public subsidy for a new arena – it would potentially give the owners two viable options.

A sale agreement would need to be approved by a three-quarters vote of NBA owners. A relocation approval must pass with a majority vote. Both issues are intertwined, as Stern has combined both relocation and finance committees to review the matter with a vote likely occurring at the Board of Governors meeting in mid-April.

The Maloofs have already filed for relocation to Seattle, and despite reports out of Seattle that the deal has already been vetted Stern said on Saturday that the committees are still reviewing the sale and relocation bid.

Early reports mirrored the efforts of the Seattle group to portray an NBA decision to allow the Kings to move to Seattle as a done deal.  Sources have told PBT that Sacramento would be given a real chance to produce a ‘fair and competitive’ offer to keep the team in California’s capitol.

Stern’s comments have echoed that sentiment leading up to this week, and on Saturday he said it was “plausible” that the Kings remain in Sacramento, and that a decision would be made on a number of criteria but that “economics” would not be the lone factor. Stern’s comments are rooted in the multitude of issues that will play a role in the BOG’s decision-making that aren’t tied to franchise price, but overlook the “economics” factor.

“I don’t think it’s a bidding war….” Stern said last week. “There’s a series of issues that are defined by our constitution that have to be considered. One of the things that our board is mandated to consider is the support for the team in the prior city. So there are real issues for the board to consider, about the buildings, about the likelihood they will be built, about the support from the cities.”

Stern also addressed the idea of expansion on Saturday, an idea that would give the league a potential out to keep both cities and potential ownership groups happy.

“I don’t see any scenario where both cities are happy….” Stern said. “There’s a large group of owners who believe that expansion as an economic matter; is a neutral thing. At least the way we’ve done it to date, you get a lot of money in and in return for that you cut the new team in for a large and growing source of revenue from national TV, national licensing, and all things international and digital. And then it doesn’t really seem to make that much additional sense as the increased revenue that demands to the gross (basketball-related income) and increased each player costs and the like.

“So it has to be parsed and analyzed but right now given that we’ve just come through an intriguing collective bargaining negotiation and coupled it with specific revenue sharing, over $200 million, I think the sentiment is to let it all settle and assess how we are doing and what the projections are for how we’ll do.”

Multiple sources told PBT that even if expansion were a possibility that it would be extremely unlikely for the league to express support for it.

This will continue as a two-city race for one team to be decided by the Board of Governors in the coming months.

Latest Posts
  1. LeBron’s 30-point performance leads Cavaliers to hard-fought Game 2 win over Celtics

    Apr 21, 2015, 10:00 PM EDT

    Boston Celtics v Cleveland Cavaliers - Game Two Getty Images

    LeBron had 30, Kyrie Irving added 26 to give Cleveland the 2-0 lead in the series.

  2. Chandler Parsons out for Game 2, maybe rest of Rockets series

    Apr 21, 2015, 9:41 PM EDT

    Devin Harris, Chandler Parsons, Trevor Ariza AP

    Devin Harris also out Game 2 for Mavericks

  3. Nikola Mirotic could miss Game 3 against Bucks

    Apr 21, 2015, 8:00 PM EDT

    Milwaukee Bucks v Chicago Bulls - Game Two Milwaukee Bucks v Chicago Bulls - Game Two

    Bulls forward strained knee in scuffle with Zaza Pachulia

  4. PBT Extra matchups to watch: Spurs look for ways to contain Chris Paul

    Apr 21, 2015, 7:15 PM EDT

    Expect to see a lot more Kawhi Leonard (and Danny Green) on Paul from the start.

  5. Report: Suns’ Morris twins charged with aggravated assault

    Apr 21, 2015, 4:51 PM EDT

    Phoenix Suns Media Day Getty Images

    The twins were allegedly part of a group that beat up a man outside a rec league basketball tournament.

  6. Hawks’ Al Horford says he will play in Game 2 despite finger injury

    Apr 21, 2015, 4:14 PM EDT

    Al Horford AP

    Horford is going to have work to do on the defensive end slowing down Brook Lopez.

  7. Brilliant spoof: Zach Randolph’s deep thoughts on cats, shirts, more

    Apr 21, 2015, 3:30 PM EDT

    Zach Randolph AP

    Well done, Zach Randolph and the Memphis Grizzlies.

  8. Nets list Mirza Teletovic as ‘probable’ for Game 2 vs. Hawks

    Apr 21, 2015, 2:43 PM EDT

    Brooklyn Nets v Sacramento Kings Getty Images

    Teletovic was originally ruled out for the season on Jan. 23.

  9. Report: Spurs might get a free agent meeting with LaMarcus Aldridge

    Apr 21, 2015, 11:50 AM EDT

    Denver Nuggets v Portland Trail Blazers Getty Images

    Another report has Aldridge at no better than 50-50 to re-sign with the Blazers.

  10. Raptors’ Lou Williams: ‘Staying in Toronto would be ideal for me’

    Apr 21, 2015, 11:10 AM EDT

    Toronto Raptors v Charlotte Hornets Getty Images

    Williams will be an unrestricted free agent this summer.

Featured video

Mavericks need to contain Dwight Howard in Game 2
Top 10 NBA Player Searches
  1. C. Parsons (5257)
  2. D. Rose (5076)
  3. P. George (4685)
  4. K. Durant (4611)
  5. T. Splitter (4481)
  1. D. Lee (4449)
  2. M. Conley (4227)
  3. K. Bryant (4110)
  4. L. James (3941)
  5. S. Curry (3821)