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Posts Tagged ‘Chris Hansen.’

Hansen comes up with more money in bid to buy NBA’s Kings

(courtesy Free-Extras.com)

Chris Hansen, has acquired more cash in his bid to buy the NBA’s Sacramento Kings.

Hansen has come up with an additional $75 million.

Hansen has increased his valuation of the Kings from $550 million to $625 million in another attempt to change owners minds to allow him to purchase the Kings and move them to Seattle.

Sacramento Kings might be moving to Seattle; new ownership group have filed papers

The Sacramento Kings might be on the move to the Northwest.

NBA commissioner David Stern has said that the group that has reached an agreement to purchase the Kings formally have filed the necessary paperwork to relocate the franchise to Seattle.

Seattle, which used to be home to the SuperSonics from 1967 to 2008 when the owners moved the franchise to Oklahoma City, has been pleading for the NBA to come back.

The new ownership group, headed by Chris Hansen and Steve Ballmer, are “very strong”  says Stern and the NBA committees will look over the proposed sale of the Kings and their possible relocation to Seattle, Washington.

 

Info & logo courtesy of NBA. Other sources include Radio & TV