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re: NBA has voted "NO" to Relocation of Sacramento Kings
Posted on 4/29/13 at 4:44 pm to floridatigah
Posted on 4/29/13 at 4:44 pm to floridatigah
quote:
I don't think they got screwed today. It was going to be difficult to get the Kings to Seattle if there were buyers willing to keep them in Sac. I'm sure it feels like getting screwed though because the process is different from when the Sonics were stolen.
Yeah, but Ballmer was willing to buy the team to keep them in Seattle when they were threatening to move them to OKC and got denied. It just reeks of Stern.
quote:
And yes I think they continue to go for a team. Hansen group is legit and I'm sure they realized this was always a possibility.
Good point. Hansen and Ballmer are too smart to put all of their eggs in one basket. They're about $100 million into this already.
Posted on 4/29/13 at 4:47 pm to TDawg1313
quote:
Yeah, but Ballmer was willing to buy the team to keep them in Seattle when they were threatening to move them to OKC and got denied. It just reeks of Stern.
IIRC, Ballmer didn't step up to the plate until about 2-3 years after Bennett had bought the team from Starbucks magnate Howard Schultz and Schultz had been trying to sell to an owner in Seattle for some time before that as well as failing to get public support for a new arena.
If Ballmer wanted to keep the Sonics in Seattle, he should have bought them before Bennett did.
Posted on 4/29/13 at 4:55 pm to TDawg1313
Also need to think about what this does for franchise values around the league. The Sixers went for 280 just two years ago, the Hornets 340 last year. Seattle sets their sights on the Kings and all of a sudden they are worth 550? That's great for the rest of the owners, it will be even better when they go down the line and do the same to Milwaukee, Minnesota, and Charlotte.
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