Mar 8, 2013, 11:58 PM EST
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.
Dec 21, 2014, 8:00 AM EST
The Bucks went heavy with Brandon Knight at the end of the game. That went about as well as you’d expect.
Dec 21, 2014, 12:46 AM EST
Nine assists but shot 3-of-11.
Dec 21, 2014, 12:16 AM EST
He can do better.
Dec 20, 2014, 10:30 PM EST
A final look back at Rondo’s time in Boston as he gets set to make his debut with Dallas.
Dec 20, 2014, 9:00 PM EST
Cavaliers are tied with the Pistons for 23rd in defensive efficiency.
Dec 20, 2014, 7:11 PM EST
Kings are looking to make a splash, and Williams has been made available in trade by the Nets.
Dec 20, 2014, 6:30 PM EST
Dragic will opt out of the final year of his deal to become an unrestricted free agent this summer.
Dec 20, 2014, 5:00 PM EST
An expletive was added for emphasis.
Dec 20, 2014, 3:30 PM EST
No contact on the perimeter, yea he’s up for that.
Dec 20, 2014, 2:00 PM EST
The Christmas Day slate of games is (mostly) stellar.
Dec 20, 2014, 12:30 PM EST
Dunk of the year by Johnson had Drummond throwing elbows.
Dec 20, 2014, 11:00 AM EST
Rivers saw this coming just four games into the season.
Dec 20, 2014, 9:30 AM EST
Lin understands why Bryant always gets the ball in these situations, but admits he’d like to get some opportunities.
Dec 20, 2014, 8:00 AM EST
As the Thunder ended up winning by one, 104-103, this block ended up being very important.
Dec 20, 2014, 2:07 AM EST
Lillard needs to get mentioned with the game’s top point guards.
Dec 20, 2014, 12:49 AM EST
Young earned this one and will get to write a check to the league.
Dec 20, 2014, 12:02 AM EST
Former NBA player now trying to make his way as a fighter.
Dec 19, 2014, 10:50 PM EST
There are a whole host of reasons Rondo was traded; this is just the most convenient for Boston’s brass.
Dec 19, 2014, 9:40 PM EST
Nice gesture by the players.
Dec 19, 2014, 8:30 PM EST
…pretty smoothly somehow
- Rajon Rondo was very Rondoesque in debut with Mavericks (VIDEO) 7
- Report: Kings discussing trade for Deron Williams with Nets 12
- Report: Multiple teams contacting Suns trying to trade for Goran Dragic 10
- Clippers rip officials after being called for seven technical fouls in loss to Nuggets 18
- Jeremy Lin after Kobe misses at the buzzer: ‘I like game-winners too’ 54
- Damian Lillard drops career high 43, leads Blazers to 3OT win over Spurs (VIDEO) 8
- Kendrick Perkins: Rajon Rondo wanted out of Boston 8
- Report: Minnesota agrees to trade Corey Brewer to Houston 7