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Thursday, May 16, 2013

NBA declines Seattle groupa s bid to buy Sacramento Kings

May 15, 2013: The NBA Board of Governors denies the application to move the Kings to Seattle, with a vote of 20-8. May 10, 2013: Chris Hansen raises his offer to the Maloofs by $75 million.That would make the 65 percent of the Kings the Maloofs own worth $406 million, and a total franchise valuation of $650 million.

http://www.theolympian.com/2013/05/15/2546715/nba-declines-seattle-groups-bid.html

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