Mar 8, 2013, 11:58 PM EDT
Of late there has been growing momentum for Sacramento in its fight to keep the Kings. Mayor Kevin Johnson has helped bring together a bid led by 24 Hour Fitness founder Mark Mastrov (who was second in the bidding for the Warriors a couple years ago) and supermarket magnate Ron Burkle. The plan calls for the construction of a new arena in downtown Sacramento.
But it’s still a negotiation. And NBA commissioner David Stern is good at the negotiations part.
Friday night Stern spoke and there was good news for Sacramento fans: Stern said that a comparable offer from Sacramento might well sway the owners to vote to keep the team in Sacramento.
The bad news is Stern said the offer currently on the table from Sacramento is not good enough.
“I think it’s fair to say without telling any secrets that the offers are not comparable,” Stern said Friday night. (Thanks to our man Aaron Bruski, who has written on this story a lot at PBT and sent me the audio file of Stern’s remarks.)
Stern was in Oakland to watch the Warriors get in a track meet with the Rockets. He spoke to the media before the game and a contingent of Sacramento media made the drive to the coast to pepper him with questions. Stern used the opportunity to put a little pressure on Sacramento.
Stern went on to say that if the Sacramento offer doesn’t improve it will not go before the owners.
“I have an expectation, a hope, that the variance will be eliminated by the time the owners give it consideration…” Stern said.
“(The Sacramento offer has) strong people behind it but not quite there compared to Seattle bid.”
It’s a negotiation folks and David Stern is going to get the most money he can for his franchise, wherever it comes from. Don’t take these comments as a sign that Seattle is far ahead of Sacramento, take this as a sign David Stern wants to jack up the sale price.
It will probably work. Look what Mastrov told the AP.
The offer from Sacramento was never going to be as high as from Seattle because it would not have to repay the $77 million loan (with penalties) from the city the Maloofs were given. But the number the league was given did not win over Stern. Yet.
The Maloof family that owns the team has a deal in place to sell the franchise to a well-funded Seattle group led by hedge fund guy Chris Hansen and Microsoft CEO Steve Ballmer.
In the end it is not David Stern or the Maloofs that make the final call — the NBA Board of Governors (made up of the other 29 owners) will vote on this. Stern all but outright said if the BOG votes for the Sacramento offer that he expects the Maloof family will fall in line and sell.
That vote will come April 18-19 in New York City. Up until then it is an ongoing negotiation.
Apr 25, 2015, 1:28 AM EDT
Leonard was fantastic at both ends of the court.
Apr 25, 2015, 12:18 AM EDT
The Wizards are moving on. That’s the Truth.
Apr 24, 2015, 10:30 PM EDT
Dwight Howard grabbed 26 rebounds, too.
Apr 24, 2015, 9:30 PM EDT
Portland, down 0-2 to Memphis, needs all the help it can get.
Apr 24, 2015, 8:30 PM EDT
NBA continues its technological push.
Apr 24, 2015, 7:30 PM EDT
Parker is going to finish his degree at Duke.
Apr 24, 2015, 6:45 PM EDT
The Warriors eventually won in overtime regardless.
Apr 24, 2015, 6:00 PM EDT
Looking past the first round to some of the more exciting later matchups to come.
Apr 24, 2015, 5:15 PM EDT
The long-running rift continues.
Apr 24, 2015, 4:30 PM EDT
He’s got to coach whoever they draft anyway, why not?
LeBron James on why Kevin Love gets criticized: ‘When you have a big three, they’ve got to find someone’
Apr 24, 2015, 3:47 PM EDT
With Heat, it was Chris Bosh
Apr 24, 2015, 3:11 PM EDT
Aron Baynes doubtful
Apr 24, 2015, 2:33 PM EDT
Spurs assistant coach achieved incredible success in Europe
Apr 24, 2015, 1:55 PM EDT
Which is ridiculous
Apr 24, 2015, 1:07 PM EDT
Despite the chess match going on, guys still have to just hit their looks.
Apr 24, 2015, 12:31 PM EDT
Brave to admit the mistake, but still not inspiring
Apr 24, 2015, 11:52 AM EDT
Johnson a borderline top-10 prospect
Apr 24, 2015, 11:15 AM EDT
And I’m not just talking about allowing Stephen Curry’s game-tying 3-pointer
Apr 24, 2015, 10:33 AM EDT
Is his scoring, size and athleticism worth the trouble? It won’t take long for an NBA team to say yes
Apr 24, 2015, 9:50 AM EDT
Bulls point guard looks good – very good
- Behind 32 points from Kawhi Leonard, Spurs rout Clippers to take 2-1 series lead 1
- The Truth (and Marcin Gortat) will set Washington free, up 3-0 on Toronto after win 1
- James Harden scores 42 points to lead Rockets to Game 3 win, 3-0 series lead over Mavericks 14
- Why can’t the Pelicans foul in a timely manner? 7
- PBT Extra: No Rajon Rondo, no Chandler Parsons, Dallas is in trouble vs. Houston 6
- Stephen Curry drops 40, leads 20-point comeback as Warriors beat Pelicans in OT, take 3-0 series lead 10
- Stephen Curry hits ridiculous corner three to force OT (VIDEO) 18
- Bulls pull away in double-overtime to take 3-0 lead over Bucks 10