Rockets News

Sacramento Kings Sold: Seattle Supersonics Are Back

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According to Adrian Wojnarowski of Yahoo! Sports The Maloofs, who are the owners of the Sacramento Kings, are finalizing a deal to sell the team to a Seattle led group.

The Maloofs are finalizing an agreement to sell the Sacramento Kings to the Hansen-Ballmer led Seattle group, sources tell Yahoo! Sports.

— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013

The deal will sell the Kings for approximately $500 million, with the Seattle group seeking relocation to Key Arena for the 2013-’14 season.

— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013

The Seattle group’s plans, with support of the NBA, is to play two seasons in Key Arena before moving into a new Seattle arena, sources say.

— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013

No agreement signed, but one source describes deal as “1st and goal at 1.” Maloofs history of changing course late still makes many uneasy.

— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013

The Maloofs are expected to keep an extremely small percentage of team, but will have no real input or say in franchise, sources say.

— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013

This is very bad news for Sacramento and Kings fans. I mean, who wasn’t a Kings fan in the late 90’s and early 2000’s? A team filled with guys like Jason Williams, Chris Webber, Vlade Divac and more. But the fact is those times are the only memorable moments of the Kings franchise and they didn’t accomplish much.

The Seattle based group just seems very hypocritical to me. They have been bashing the NBA ever since the Sonics left for stealing them away. Now they have done the same thing to Sacramento. But I guess you can’t blame them for giving the Seattle fans what they have been fighting for since the Sonics left 5 years ago.

Break out those Gary Payton, Shawn Kemp, Rashard Lewis and Ray Allen jerseys Seattle fans. The Seattle Supersonics are back!

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