Which still would have to be approved by the league for a guy who wants to move the team to Seattle. Good luck with that.
Yeah, I understand that's still a long shot. Check out these numbers though.
Sacramento is offering 65% of a $525m valuation on the Kings, so $341m. They are subtracting all of the debt that the Maloofs owe on the arena and to the NBA from that though, which puts the price at $200m. So in the end, the Maloofs pocket about $200m.
Seattle offered 65% of a $625m valuation on the Kings, so $406m. They also offered to pay off all of the debts that the Maloofs owe. So in the end, the Maloofs pocket about $406m.
For the backup offer, Seattle offered 20% of a $625m valuation on the Kings, which is $125m and the Maloofs can continue running the team. So in the end, the Maloofs pocket about $125m and stay owners of the Kings.
There's still a lot of questions that need to be answered. The Sacramento grouped is reportedly tapped out of money and I don't think there's any ways the Maloofs agree to pocket $200m+ less.
Source for most of the numbers: LINK
This post was edited on 5/16 at 1:12 am