OT: Seattle getting NBA team back

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1979 was a banner year for the Pacific Northwest with the Supersonics winning the NBA championship and the Whitecaps winning the NASL championship.

/Yes, I'm dating myself, to hell with it.

 

[beantownmaniac]

Just heard hansen (the dude trying to buy the team) owns the trademarks, logos and name

/he also owns $55 million in land where he will be building the arena

Just bought more land last week for parking lots

An agreement was reached when the Sonics left that when the NBA returned to Seattle they would get the Supersonics name back.


Good news and bad. I didn't care when the NBA left Seattle, but I know a lot of people who loved the Sonics and they were gutted. So I know what the diehard fans of the Kings are going through now and I do feel bad for them. Not that the sympathy helps any, but the situation does suck. On the good news side, buying an NBA team was the last hold up to getting the new arena built. Once the sale is complete, the NHL coming to Seattle is only a matter of time. And that is very exciting.

Ok, kinda like when Modell move his team Cleveland kept the "Browns" name

 

[Bizzle McDizzle]

wait.. there's no NBA team in Seattle?




(I really do not follow the NBA)

 

[Bizzle McDizzle]

The Kings, or more specifically Magoof entertainment was the biggest none government employer in the area.

Although the people here weren't making it easy on them by being uptight about a new arena. We are the capital city for the largest state in the union and we can't even get one freaking professional arena built? NCAA basketball won't play here anymore, lots of artists skip Sac because of the shit arena and people here bitch like it is owed to them by private companies.

I can't say that I will actually miss basketball but I was hoping that if we got a new arena that someday we could lure a minor league hockey team here.

I know Texas was thinking about seceding, but they didn't really do it, did they?
I really don't follow the news.

 

[jstewismybastardson]

official ... $525 shmill ... highest price an NBA team has ever sold for

or maybe not:

Greg Oden's knee is stronger than a Maloof handshake deal...

 

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official ... $525 shmill ... highest price an NBA team has ever sold for

Wow...I think the Maloofs bought the Kings for a little under $250 shmill. Not a bad return at all.

 

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A person familiar with the decision said that Hansen's group will buy 65 percent of the franchise, which is valued at $525 million, and move the team to Seattle and restore the SuperSonics name. The deal will cost the Hansen group a little more than $340 million. The Maloofs will have no stake in the team.


Maloofs agree to sell NBA's Kings to Seattle group - Yahoo! Sports Canada

 

[mattola]

CKNW ‏@CKNW
NBA Commissioner David Stern says paperwork received for relocation of Kings to Seattle.

 

[elocomotive]

only posted it here because NHL has to get off its ass and do something with this market pronto

Yeah... if only the league had direct control of a team that wasn't making money and that it wanted to move to a new location...

 

[TiLoBrown]

What are you two talking about? Gary has been trying! He's been trying to move the Devils since 95!

 

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Not so fast?

NBA Receives Formal Offer For Kings From Mastrov And Burkle « CBS Sacramento

 

[Destroydacre]

Not so fast?

NBA Receives Formal Offer For Kings From Mastrov And Burkle « CBS Sacramento

Possibly, but I really don't know how the NBA says no to the Seattle group. Sacramento just approved starting negotiations for a new arena yesterday, Seattle has an arena just waiting to be built. Steve Ballmer alone is worth 4 times as much as this potential Sacramento Kings ownership group and to top it all off the NBA owners will be deciding the team's fate in just over a month. It's a nice effort on Sacramento's part, but I honestly don't see the NBA ruling in their favor. We'll see though. Stern has already screwed the city of Seattle over once, I'm sure he'd love to do it again.

 

[elocomotive]

What is the support like for the Canucks in Seattle? Lots of Vancouver fans? Are they indifferent? Just curious.

 

[Destroydacre]

What is the support like for the Canucks in Seattle? Lots of Vancouver fans? Are they indifferent? Just curious.

Not particularly. If someone is a fan of the NHL in Seattle odds are they are a Canucks fan, but they don't have a huge fanbase or following in the city.

 

[elocomotive]

Not particularly. If someone is a fan of the NHL in Seattle odds are they are a Canucks fan, but they don't have a huge fanbase or following in the city.

Oh, okay. Interesting. Thanks, D. Seems like that would make the city more attractive to the NHL.

Why do you guys think they are trying so hard in Phoenix? I mean - the city is losing money, the team has little fanbase, etc. What do you guys think is the main motivation for them staying there? I know Bettman is an ass, but he must have a reason (even if it's wrong). Pride? Deal with the city?

 

[jstewismybastardson]

Not particularly. If someone is a fan of the NHL in Seattle odds are they are a Canucks fan, but they don't have a huge fanbase or following in the city.

definitely tepid fan support

they were on the canucks bandwagon during the cup run (see the number of rioters arrested that were from seattle)

junior hockey fans ... largest adult rec hockey league in the US is in Seattle iirc

my bro in law works at Amazon and its not the best guage (since its basically the United nations) but he cant find anyone to talk hockey with at work

 

[jstewismybastardson]

Oh, okay. Interesting. Thanks, D. Seems like that would make the city more attractive to the NHL.

Why do you guys think they are trying so hard in Phoenix? I mean - the city is losing money, the team has little fanbase, etc. What do you guys think is the main motivation for them staying there? I know Bettman is an ass, but he must have a reason (even if it's wrong). Pride? Deal with the city?

are they (the NHL) still trying in phoenix? ... i think theyre just waiting for someone to step up in seattle and say they want to buy the team and move them ... fait accompli if u ask me

 

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A powerful committee of NBA team owners on Monday rejected the Kings’ proposed relocation to the Pacific Northwest. The unanimous 7-0 vote by the league’s relocation committee could kill the $357 million deal the Maloof family struck to sell the team to investors from Seattle

SLAM ONLINE | » NBA Committee Recommends Kings Stay in Sacramento

Well poop (but good news for Slim)

 

[jstewismybastardson]

related: under 10k fans at safeco to see the mariners game last night (lowest ever)