Skip to content

Seattle, Sacramento make cases; Stern says decision could take longer than expected

Apr 3, 2013, 7:23 PM EDT

*Jul 24 - 00:05*

The news you actually care about out of Wednesday’s combined meeting of the NBA owners’ sale and relocation committees will leak out over the next few days. That’s when we’ll see which side gained an advantage (if any) and where the owners are leaning on the question of where the Kings will play next season — Seattle or Sacramento.

In a Manhattan hotel Wednesday, both groups make their pitches to the owners.

David Stern came out of the meeting and basically went to the Rasheed Wallace staple — “both sides played hard.” Here is what he said, via Ben Golliver at Sports Illustrated.

“We heard a day full of extraordinary presentations of a complex real estate, arena, construction timelines, potential obstacles and team funding in two really great cities,” Stern said. “It was a long day without any breaks and both sides made, in my view, very, very strong presentations.”

Then he gave the only bit of real news to come directly out of the meeting — the owners may not be ready to vote come the Board of Governors’ meeting April 18-19.

“It’s not at all clear what our precise timeline is for a final determination here is because the most important thing is doing all the work that has to be done,” Stern said. “We’re doing it as fast as collectively can together. It may well slide past the board meeting, but I wouldn’t expect it, if it does, to slide by a lot. Because there’s a combined interest in having some clarity come to this situation.”

The Seattle group is led by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer. They have an agreement to purchase 65 percent of the team, which is valued at $525 million, and have applied for relocation to take the team to Seattle. The team would play in the Key Arena in Seattle for a few seasons while a new arena is constructed (it is in environmental review). They came out confident, according to reports.

However, whatever happened inside the room Sacramento apparently won the press conferences — they were looser. Sacramento Mayor Kevin Johnson, has put together a strong counter offer led by billionaire Vivek Ranadive to go with 24-Hour Fitness owner to lead a group buying the team, and with Ron Burkle behind a deal to get a new arena done in downtown Sacramento.

So now we wait. And we could be waiting more than just a couple weeks for the answer.

Latest Posts
  1. Zach LaVine throws down some crazy dunks at Seattle Pro-Am (VIDEO)

    Jul 27, 2014, 10:00 PM EDT

    2014 NBA Draft 2014 NBA Draft

    The 2015 Slam Dunk Contest champion might have already been decided.

  2. Paul Millsap receives last minute invite to USA Basketball mini-camp

    Jul 27, 2014, 5:30 PM EDT

    Indiana Pacers v Atlanta Hawks - Game Six Getty Images

    Millsap gets the call as a late addition after Blake Griffin and Kevin Love dropped out in the last few days.

  3. Report: Kevin Garnett eyes post-basketball position with Nets

    Jul 27, 2014, 4:00 PM EDT

    Newly acquired Brooklyn Net's NBA player Kevin Garnett listens during a news conference introducing him in Brooklyn Reuters

    KG is likely coming back for his 20th NBA season, but may be setting himself up for something more with the Nets one his playing days are finished.

  4. LeBron announces he’ll wear No. 23 with Cavaliers

    Jul 27, 2014, 2:30 PM EDT

    LeBron James LeBron James

    LeBron makes yet another momentous decision.

  5. Report: Lakers won’t use stretch provision on Steve Nash

    Jul 27, 2014, 1:00 PM EDT

    Utah Jazz v Los Angeles Lakers Getty Images

    L.A. will keep Nash on the roster for the upcoming season, and take the cap hit for the $9.7 million remaining on his contract all at once.

  6. Rumor: NBA to open 2014-15 season with Spurs at Cavaliers

    Jul 27, 2014, 11:30 AM EDT

    Cleveland Cavaliers v San Antonio Spurs Cleveland Cavaliers v San Antonio Spurs

    Only other possibility would have been LeBron facing the Heat, but that feels more like Christmas.

  7. Report: Lakers say ‘no done deal’ with Byron Scott

    Jul 27, 2014, 10:01 AM EDT

    Byron Scott

    Team downplays ESPN report that a contract has been agreed upon.

  8. Donatas Motiejunas doesn’t think Rockets should have paid Chandler Parsons James Harden money

    Jul 27, 2014, 9:29 AM EDT

    Oklahoma City Thunder v Houston Rockets Getty Images

    Would Harden have been offended if he and Parsons made similar money?

  9. Report: Lakers, Byron Scott agree to four-year, $17 million deal to coach team

    Jul 26, 2014, 11:37 PM EDT

    Cleveland Cavaliers  v Miami Heat Getty Images

    The negotiations was over years and the fourth year is a team option.

  10. Report: Several teams interested in free agent Michael Beasley

    Jul 26, 2014, 10:00 PM EDT

    San Antonio Spurs v Miami Heat - 2014 NBA Finals Game Three San Antonio Spurs v Miami Heat - 2014 NBA Finals Game Three

    Beasley is an unrestricted free agent, and some team will almost certainly take a chance on him next season.

  11. Kevin Love trade talk: He doesn’t want to opt in to deal, Cavs may live with that

    Jul 26, 2014, 7:00 PM EDT

    Kevin Love Kevin Love

    If Kevin Love will not opt-in to the last year of his deal, would you still give up Wiggins for him?

  12. Defensive Player of the Year Joakim Noah swats away children’s shots (VIDEO)

    Jul 26, 2014, 5:30 PM EDT

    Joakim Noah Joakim Noah

    Nobody scores on Joakim Noah, 7-year-old youth included.

  13. Paul George says his favorite rookie memory was when his coach got fired

    Jul 26, 2014, 4:00 PM EDT

    Paul George Paul George

    Being inserted into the starting lineup might have something to do with it.

  14. Kevin Love leaving Team USA not helpful, certainly not devastating either

    Jul 26, 2014, 2:30 PM EDT

    US forward Kevin Durant and US forward K Getty Images

    Kevin Durant is the perfect international power forward anyway.

Featured video

Why can't Lakers have a player-coach?
Top 10 NBA Player Searches
  1. T. Warren (4308)
  2. L. James (4086)
  3. K. Love (4008)
  4. J. Nelson (3518)
  5. R. Allen (3294)
  1. C. Anthony (2850)
  2. K. Bryant (2505)
  3. D. Rose (2488)
  4. A. Wiggins (2482)
  5. A. Aminu (1992)