Aug 16, 2013, 11:01 PM EDT
When the NBA owners voted against relocating the Kings from Sacramento to Seattle back in May, that effectively ended the pursuit to purchase the team by a Seattle-based ownership group led by Chris Hansen.
Even after the battle was officially over, however, Hansen chose to keep fighting.
From Sam Amick of USA Today:
Seattle-based hedge fund manager Chris Hansen, who tried and failed to buy the Kings and relocate them to the Emerald City earlier this year, was revealed as the private investor in an anti-arena effort in Sacramento on Friday by California’s Fair Political Practices Commission. The organization sued the law firm Loeb & Loeb on Thursday in an attempt to force them to disclose whose $80,000 had been spent to gather signatures that could have derailed the city’s arena effort that is required to keep the Kings.
According to Gary Winuk, chief of the enforcement division for the FPPC, Hansen donated $100,000 to gather the signatures necessary to put the arena to a vote because of the $258 million in public subsidy. If the effort was successful and the arena wasn’t built by the NBA’s required completion timeline (reportedly 2017), then new owner Vivek Ranadive and his group that bought the team for a league-record $535 million in mid-May would be at risk of losing the team and Seattle, conceivably, could be back in the mix.
It was a long shot to say the least, and an underhanded play to leave the door open ever so slightly for Seattle to remain in the mix, despite the fact that so much would need to happen over the next few years in terms of a failure to build a new arena in Sacramento for the NBA to even consider relocating the Kings once again.
Hansen released a statement, of course, apologizing for his actions while trying to distance the ownership group from what he called a personal decision.
I have not agreed to provide any further political contributions and do not intend to make any further contributions.
I would also just point out that the contribution was made in my personal capacity and not on behalf of our ownership group or my partners. In fact, I have never discussed the contribution with them to date.
While I’m sure everyone can appreciate how easy it is to get caught up the heat of battle, with the benefit of hindsight, this is clearly a decision I regret. I wish the city of Sacramento and Kings fans the best in their efforts and they have my commitment not to have any involvement in their arena efforts in the future.
The question now becomes just how much this will hurt Seattle’s chances of gaining an NBA franchise in the future. It would seem, at the very least, that the city would need to find a new leader, or perhaps even a new ownership group to head up these efforts if it wants to appeal to the league’s sensibilities.
Jul 1, 2015, 4:51 PM EDT
Even if another team signs him to an offer sheet, the Warriors will just match it.
Jul 1, 2015, 4:47 PM EDT
Aldridge and Kobe Bryant didn’t quite click in their meeting.
Jul 1, 2015, 4:14 PM EDT
The Suns look like a team ready to run again.
Jul 1, 2015, 4:11 PM EDT
Boston gets nice value on a short-term frontcourt upgrade.
Jul 1, 2015, 3:09 PM EDT
The road to the NBA Finals out of the East — and maybe to the Larry O’Brien trophy itself — goes through Cleveland.
Jul 1, 2015, 2:55 PM EDT
Love returns, just as he maintained all season long.
Jul 1, 2015, 2:33 PM EDT
Butler will remain in Chicago as expected.
Jul 1, 2015, 2:28 PM EDT
The Pelicans were +10 per 48 minutes with an offensive rating of 111.9 (points per 100 possessions) when Anthony Davis and Ajinca were paired last season.
Jul 1, 2015, 1:23 PM EDT
New York is getting an audience with all the big names.
Jul 1, 2015, 12:29 PM EDT
Nice get for Toronto, and a Hawks team that won 60 games is going to look very different next season.
Report: Spurs reach deal to trade Tiago Splitter to Hawks, create cap space for LaMarcus Aldridge offer
Jul 1, 2015, 12:03 PM EDT
The Spurs can now offer Aldridge the chance to return to his native Texas and walk right onto a serious title contender.
Jul 1, 2015, 11:45 AM EDT
That’s a great signing for San Antonio.
Report: Kobe Bryant was ‘very good’ in Lakers meeting with LaMarcus Aldridge, which went ‘really well’
Jul 1, 2015, 11:26 AM EDT
Lakers feel better about this one than previous meetings with Carmelo Anthony and Dwight Howard.
Jul 1, 2015, 10:38 AM EDT
This was expected. But what happens with Dwyane Wade?
Jul 1, 2015, 9:55 AM EDT
A bit of a surprise.
Jul 1, 2015, 9:54 AM EDT
Solid move by Chicago at an extremely reasonable price.
Report: Blazers, Damian Lillard nearing agreement on five-year max contract extension worth $120 million
Jul 1, 2015, 9:15 AM EDT
Lillard’s worth it, but Portland right now really had no choice.
Jul 1, 2015, 8:30 AM EDT
Prince played better than you’d think last season, but he will turn 36 this coming year.
Jul 1, 2015, 8:00 AM EDT
Does putting Rajon Rondo, DeMarcus Cousins and George Karl in close proximity to each other for an entire NBA season seem like a good idea?
Jul 1, 2015, 3:11 AM EDT
The Bucks locked him up long-term after a breakout season.
- Report: LaMarcus Aldridge rules out Lakers in free agent decision 32
- Reports: Phoenix Suns sign Tyson Chandler, re-sign Brandon Knight, try to reshape roster 6
- Kevin Love will return to Cavaliers, contract is reportedly $110 million over five years 65
- Report: Spurs reach deal to trade Tiago Splitter to Hawks, create cap space for LaMarcus Aldridge offer 26
- Report: Heat, Goran Dragic agree to five-year deal worth $90 million 43
- Report: Paul Millsap had midnight meeting with Orlando, will decide between Magic and Hawks 17
- Report: Blazers, Damian Lillard nearing agreement on five-year max contract extension worth $120 million 17
- Report: Kawhi Leonard, Spurs reach deal for five-year, $90 million contract extension 19