• Seattle's Hansen increases Kings offer to $625 million

    Summary of 8 articles · Updated May 11, 2013
    Hansen increased his total valuation of the Kings from $550 million to $625 million on Friday in another attempt to sway NBA owners to allow him to buy the franchise and move it to Seattle. That new plan comes on the heels of Hansen's announcement on Friday that he had upped his offer to buy the Maloofs' 65 percent of the Kings from $358 million to $409 million, which would boost the estimated value of the team at sale to $625 million. The increase in the total valuation of the team would go from $550 mil...
    Source: nba.com
    • Source: New deal could still send Kings to Seattle

      SEATTLE (AP) -- If the NBA Board of Governors denies the pending sale and relocation of the Sacramento Kings, the Seattle group seeking to purchase the franchise has a backup deal with the Maloof family.
      Sources: CNNSI.com nba.com
    • Sources -- Maloof family cuts new deal for Sacramento Kings

      The group trying to move the Sacramento Kings to Seattle is continuing to be relentless in its pursuit. That includes the current owners of the team, the Maloof family.
      Source: ESPN.com
    • Seattle's Bid For The Kings Increases, A Week Before The NBA Votes

      Chris Hansen, whose bid to buy the Kings and move them to Seattle was thwarted by unanimous vote of the NBA's relocation committee, has upped his offer significantly. He's willing to pay $65 million more for the Maloofs' shares in the Kings, an amount t…
      Source: deadspin.com
    • Seattle-based group looking to buy Sacramento Kings raises offer by $75 million

      When the NBA Board of Governors Relocation Committee unanimously recommended last Monday that the Sacramento Kings not be sold to a Seattle-based ownership group intent on relocating the franchise to Washington, it seemed that the effort spearheaded by …
      Source: yahoo.com
    • Seattle group raises bid for Kings to $625M

      After a committee of owners voted to recommend the Kings stay in California, the investors trying to bring the team to Seattle fired a last salvo. Chris Hansen announced he was increasing his offer for 65 percent of the Kings to $406 million.
      Source: ESPN.com
  • Jackson waits on result of Seattle's bid for Kings

    Jackson waits on result of Seattle's bid for Kings
    Source: CNNSI.com

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