Stern: Kings sale still few weeks away
April 17, 2013
By The Associated Press
NEW YORK (AP) - NBA Commissioner David Stern said Wednesday that a decision on the future home of the Kings franchise is still at least two weeks away.
Stern told reporters after a meeting of owners considering the team's sale that it could be early next month before it's known if the team is staying in Sacramento or heading to Seattle.
``I would be charitable to say the first week in May, but it could slide a bit,'' Stern said. ``That's where we are.''
Stern said the committee will brief the full board of governors during their two-day meetings Thursday and Friday, but that there will be no vote. He said the committee, comprised of 12 owners, has a number of questions regarding real estate and legal matters.
He added that it's likely they will meet again next week, either in person or via teleconference.
A Seattle group led by hedge-fund manager Chris Hansen has a deal to purchase 65 percent of the franchise from the Maloof family, and Sacramento has put together a group to make a backup offer. NBA officials have refused to say if the second bid matches Seattle's.
Stern reiterated that expansion has not been discussed.
Copyright 2018 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written
consent of STATS LLC and Associated Press is strictly prohibited.
7-1 L6 Days, 8-1 L9 Guarantees
5-1 Picks, 26-13 G-Plays, +2,099
4-1 L5 Days, 7-3 L10 Guarantees
+3,962 Overall This Season
18-5 Picks, 16-5 GPlays, 10-1 Totals
3-1 Y'day, 28-15 Picks, 7-1 G-Plays
41-22 L63 Picks, 21-12 L33 Totals
5-2 L7 G-Plays, 13-7 L20 Totals
4-2 L6, 8-4 L12 NBA Selections
15-5 L20 Over/Under Plays
+2,185 G-Plays, +2,323 Overall TY
5-0 L5 G-Plays, 10-3 L13 Picks
With a VI Gold Membership, you can SAVE 20%
off Daily Pick packages, SAVE 10%
off a Live Odds Pro subscription, and receive access to up to 1,000
Member Plays each month!