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.
Apr 16, 2014, 8:00 AM EDT
Nine combined spots on the ballot go to eight different players, and none of our winners made the other two’s top three
Apr 16, 2014, 2:42 AM EDT
Chris Paul and J.J. Redick look good as Clippers ready for playoffs.
Apr 16, 2014, 12:40 AM EDT
Poor Evan Fournier is on the wrong end of a highlight that’s going to get shown a lot for a few days. At least.
Apr 15, 2014, 11:46 PM EDT
Video of one player executing a crossover that drops another player to the floor — you know you’re watching.
Apr 15, 2014, 10:31 PM EDT
Sick pass, monster slam.
Joe Johnson says he shouldn’t have been laughing on bench during blowout loss to Knicks earlier in season
Apr 15, 2014, 9:16 PM EDT
Joe Johnson says Jeff Van Gundy’s criticism of his behavior was spot-on.
Apr 15, 2014, 8:01 PM EDT
Mike D’Antoni had no idea how beating the Jazz on Monday would negatively impact his team’s Draft Lottery chances. And there’s absolutely nothing wrong with that.
Apr 15, 2014, 6:43 PM EDT
Anthony is out for the rest of the season but will not be surgery and will be good to go next season.
Apr 15, 2014, 5:31 PM EDT
Just 7-8 minutes before, Cedric Maxwell had stood next to one of the people killed in the Boston Marathon bombing, but he decided to go inside and get warm.
Apr 15, 2014, 4:41 PM EDT
With nothing on line Pacers going to rest key guys… except Hibbert.
Apr 15, 2014, 3:46 PM EDT
It’s not something you could ever prove (and the Nets may not even do it), but they could rest guys in hopes of falling into a first-round matchup with Toronto.
Apr 15, 2014, 2:59 PM EDT
Damian Lillard doesn’t want to end up like all those players without rings. The ones sitting in his living room.
Apr 15, 2014, 2:17 PM EDT
Two general managers make all three ballots, one tops each
Apr 15, 2014, 1:40 PM EDT
Award honors ‘outstanding service and dedication to the community’
Apr 15, 2014, 1:07 PM EDT
It was just a fender bender, the good news is nobody got hurt. However, Chandler Parsons was delayed getting to the Toyota Center for the Rockets game Monday when he got into an accident. And then the other driver found out who he was and… I will let Jonathan Feigen of the Houston Chronicle tell…
Apr 15, 2014, 12:30 PM EDT
And Burke is one of the best rookies in this class….
Carmelo Anthony questionable against Nets tonight, but not if Mike Woodson has anything to say about it
Apr 15, 2014, 11:44 AM EDT
Melo, a pending free agent, could be done playing for Knicks
Apr 15, 2014, 11:03 AM EDT
We know for sure the Pacers play the Hawks in the first round, and we know the Rockets and Blazers will meet. After that all the matchups are still up in the air.
Apr 15, 2014, 10:33 AM EDT
Knicks forward come become free agent this offseason
Apr 15, 2014, 9:55 AM EDT
Rockets guard known for defense, anyway, right?
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