Where are the Sacramento Kings moving to?
Where are the Sacramento Kings moving to?
Seattle
The Sacramento Kings look set to be sold and moved to Seattle, pending approval by the owners of the NBA. The current owners, the Maloof family, have agreed to sell the Kings to a Seattle group led by investor Chris Hansen, the league confirmed in a statement on Monday.
Are the Kings leaving Sacramento?
Let’s face it; the Sacramento Kings move to Southern California is a done deal. Every fan is holding out for a rejection when the owners vote, but that isn’t going to happen. The Kings will be 32 miles from Staples Center, the home of the Los Angeles Lakers and the Los Angeles Clippers, in the Anaheim Honda Center.
Will the Kings relocate?
On May 10, Chris Hansen announced that his ownership group increased the price on their purchase of the Maloofs’ share of the Sacramento Kings, from a $550 million to a $625 million franchise valuation. After the meeting in Dallas, Texas, the NBA owners voted 22-8 to reject the Kings’ relocation to Seattle.
When did the Sacramento Kings move to Anaheim?
On February 19, 2011, NBA commissioner David Stern admitted that the Kings and officials in Anaheim, California had discussions about relocation. It was later found that the organization went as far as to file for a trademark of the name Anaheim Royals, among others.
When did Sacramento Kings back out of deal?
On April 13, 2012, the Maloof family announced that they had backed out of their deal with Sacramento. Although there had not been as much progress in these negotiations as there has been with Anaheim, another market trying to lure the Kings to move there was the Hampton Roads metropolitan area of Virginia.
Who is the mayor of the Sacramento Kings?
Sacramento Mayor Kevin Johnson, with the help of local business owners and a rabid fan base, was successful in saving the franchise and persuading the NBA to force the Maloofs to sell the team to the Vivek Ranadivé group.
How long has the Sacramento Kings been in a losing streak?
After their loss against the Utah Jazz, the Sacramento Kings added their 29th 6+ game losing streak in 15 years. The Kings have been in a playoff drought for 15 years. Sacramento Kings trade for Delon Wright, immediately upgrading their backup guard position.