David Stern said Wednesday that Chris Hansen, no not To Catch a Predator Chris Hansen, and Steve Ballmer and the rest of the Seattle group that have an agreement in place to purchase the Sacramento Kings, have filed official relocation papers with the league.
Remember the Sonics? That Logo? The Glove, Shawn Kemp, Detlef Schrempf? Sam Perkins knocking down threes against the Bulls in the Finals? For 40 years (1968-2008)the Sonics ruled the Emerald City and the great northwest. Key Arena rocked and it rolled. Sonic fans are elite fans, they are not Heat fans. Yes, we all see the empty seats during telecasts, don’t act like you don’t know what I am talking about Miami. After losing their beloved Sonics to Oklahoma City in 2008 and losing Kevin Durant, god that one had to sting just as much. What about those NBA Finals the Thunder made? Cleveland Browns fans should be consoled by Sonic fans, they understand each others pain. The Emerald City is getting it’s Sonics back.“We have had submitted a signed agreement to have the team sold to a very strong group from Seattle. We have received an application to have the team moved from Sacramento to Seattle.” The relocation proposal calls for the Seattle Sonics to play two, possibly three seasons in Key Arena while a new arena is being built.
The proposed sale of the Sacramento Kings is for $525 million and would be the highest an NBA team has sold for. The record is the 2010 sale of the Golden State Warriors for $450 million. The Hansen/Ballmer group moved quickly before the March 1 deadline to submit relocation papers. They are trying to get the sale and relocation done so tip-offs takes place in Seattle during the 2013-2014 season.
Kevin Johnson, ex-NBA player, and current Sacramento mayor has been fighting the sale of the Kings all along. He has been searching for investors to match the sale price of the Kings, and help with construction costs of a new arena in Sacramento. The league has openly stated they are not happy with the Kings dilapidated facility. Johnson has stated he is attending the NBA all-star game in Houston and will continue his search to anyone that will listen.
Sacramento fans have seen this move coming. They knew they were eventually going to lose their team. Sacramento is easily and by far the worst of the California teams. The Warriors and Clippers are clearly in the playoff picture. The Lakers are, well ask me or anyone next week what the Lakers are, as it is a fluid situation. The Kings are expendable. Expendable for one clear motivation, money. The NBA doesn’t make money off the Kings being in Sacramento. The NBA makes money off the Kings being in Seattle and becoming the SuperSonics again. The television revenue alone would be worth it to the NBA. Exposure back in that part of the country again. Yes the Blazers are just south in Portland, but that is like telling a Michigan fan you can watch the Buckeyes play instead, not going to happen. The NBA wants this move and Stern is saying all the political things, three-fourths majority vote, dealing with issues that have to be met that are set by the NBA’s constitution, and everything else that spews from his mouth about this sale and move. Seattle is a better business move for the NBA, Stern is the Commissioner of the NBA, it’s CEO, a CEO’s job is to make their company profit. Sacramento is a deficit, Seattle is a profit, vote decided. By Steve Kish