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Tuesday, May 28, 2013

NBA approves sale of Kings to Ranadive group

After owners blocked the relocation of the franchise to Seattle earlier this month, the Maloof family reached an agreement to sell a 65 percent controlling interest in the Kings to Ranadive 's group at a total franchise valuation of $535 million.

http://www.washingtontimes.com/news/2013/may/28/nba-approves-sale-of-kings-to-ranadive-group/?

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