Aug 16, 2013, 11:01 PM EST
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.
Dec 24, 2014, 11:00 PM EST
The Wizards are an underrated team in the East. The Knicks… not so much.
Dec 24, 2014, 9:30 PM EST
Previewing the Bulls vs. Lakers matchup at the United Center.
Dec 24, 2014, 9:00 PM EST
Colorways inspired by shoes Michael Jordan wore during his best Christmas Day performance.
Spurs and Thunder, who’ve been best in the West lately, both fighting for position entering Christmas matchup
Dec 24, 2014, 7:00 PM EST
Injuries to Kevin Durant, Russell Westbrook and Kawhi Leonard have put both teams behind the eight ball
Dec 24, 2014, 6:06 PM EST
An additional confirmation that no Deron Williams deal gets done on Sacramento’s side unless they can also get the talented young big man as part of the package.
Dec 24, 2014, 5:30 PM EST
Young says Lakers played liked ‘Django Unchained’ without Kobe Bryant
Dec 24, 2014, 4:00 PM EST
Boston has Brandan Wright, large trade exception
Dec 24, 2014, 3:00 PM EST
The NBA has given us some good presents to open for Christmas.
Dec 24, 2014, 2:15 PM EST
McHale earned this.
Dec 24, 2014, 1:24 PM EST
This is a low risk pickup by the Rockets at a good price.
Dec 24, 2014, 12:58 PM EST
A minor move, but one that should benefit both teams.
Dec 24, 2014, 12:36 PM EST
Expect more Tristan Thompson in the short term, a trade for Cleveland to land a big in the longer term.
Dec 24, 2014, 11:45 AM EST
Miami fans will boo a little, but this isn’t Cleveland.
Dec 24, 2014, 11:00 AM EST
Lakers can use Steve Nash’s disabled-player exception to sign free agents
Dec 24, 2014, 10:00 AM EST
Orlando’s fourth-year players have All-Star cases. Yes, really.
Kendall Marshall turns back to play, runs like an airplane to celebrate… Jared Dudley’s missed 3-pointer (video)
Dec 24, 2014, 9:45 AM EST
Bucks don’t come back, fall to Hornets
Dec 24, 2014, 9:00 AM EST
Wizards center gets big slam, but Bulls win
How much did Damian Lillard’s game tying shot Tuesday look like series winner vs. Rockets? A lot. (VIDEO)
Dec 24, 2014, 8:30 AM EST
Same play, same spot, same result.
Dec 24, 2014, 8:00 AM EST
Lakers star says he trusts Lakers management
Dec 24, 2014, 2:15 AM EST
The Lakers pick up a win without Kobe Bryant around.
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