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[Deleted member 38182]

Well I got the 2 days part right.

Edit: Damn it, I said that 3 days ago. I fail.

what'd you say?? 

Why the hell is Kenny Thomas on the radio right now? 

I saw him at the Folsom outlets like 2 years ago 

 

[mister916]

That another investor will pop up.

 

[Deleted member 38182]

ah good call

 

[Deleted member 38182]

too late to jump on the bandwagon I guess 

Source also says that Sacramento contingent has begun turning away wealthy investors seeking to be part of ownership group
— Ryan Lillis (@Ryan_Lillis) April 12, 2013

this was expected, but good to see this confirmed 

Source: Sacramento #NBAKings contingent has notified the #NBA it will match the offer on the table from Seattle.
— Ryan Lillis (@Ryan_Lillis) April 12, 2013

 

[mister916]

We're over capacity

 

[Deleted member 38182]

We're over capacity

I did wish Webber woulda came in and threw his name in the hat... woulda been nice

 

[Deleted member 38182]

Maloofs gonna Maloof 

Source tells me Maloofs' 5 pm Friday deadline on #NBAKings bid is not an NBA requirement
— Dale Kasler (@dakasler) April 12, 2013

Source: Maloofs will give Sacramento additional time to submit matching bid past 5 p.m. Fri. deadline. Story soon on NBA.com.
— David Aldridge (@daldridgetnt) April 12, 2013

 

[mister916]

 

[Deleted member 38182]

The Maloofs are just cracking me up now..... they're worried that once the smoke clears Sacramento will screw them on the offer 

Irony at its finest

The Sacramento politicians and the Maloofs finally found common ground: setting arbitrary deadlines that won't ultimately impact the outcome
— Sam Amick (@sam_amick) April 12, 2013

 

[mister916]

Source: Maloofs will give Sacramento additional time to submit matching bid past 5 p.m. Fri. deadline. Story soon on NBA.com.— David Aldridge (@daldridgetnt) April 12, 2013

I don't even...

 

[senorroboto2k5]

I did wish Webber woulda came in and threw his name in the hat... woulda been nice

Same here. Maybe he's still wary after Center Court didn't work out.

My question here is: if the Kings match and the Maloofs accept the Sac deal... aren't they going back on a deal with Seattle then? My understanding was that they had an agreement with Seattle, and the only thing stopping it from going through was the BoG review. Or was just an idea, and if Sac comes up with a better deal before the BoG meets, then it's all fine and ethical for the Maloofs to go for it?

Not that it really matters to the Sacramento fans, other than just another example of the Maloofs being Maloofs. If I understand correctly.

 

[Deleted member 38182]

Naw, the only way the Maloofs take the Sac deal, is if/when the BoG rejects the Seattle bid. 

 

[niketalker23]

Naw, the only way the Maloofs take the Sac deal, is if/when the BoG rejects the Seattle bid. 

Or they back out of the Hansen deal before the BOG meeting if they know that deal wont get approved.

But nothing they've done in the past shows me theyd back out of a deal..

 

[Deleted member 38182]

Naw, the only way the Maloofs take the Sac deal, is if/when the BoG rejects the Seattle bid. 

Or they back out of the Hansen deal before the BOG meeting if they know that deal wont get approved.

But nothing they've done in the past shows me theyd back out of a deal..

but for real, I don't think they can back out for the same reason why we're saying Hansen can't raise their bid.

 

[Deleted member 38182]

Damn, had no idea the Spurs have 17 total owners in their ownership group with Peter Holt owning the majority 35% share.

I guess what Vivek is heading up isn't so out there

 

[dmbrhs]

Damn, had no idea the Spurs have 17 total owners in their ownership group with Peter Holt owning the majority 35% share.

I guess what Vivek is heading up isn't so out there

I think Schultz's Sonics ownership group had something like 40-50 people, in all.

 

[Deleted member 38182]

Damn, had no idea the Spurs have 17 total owners in their ownership group with Peter Holt owning the majority 35% share.

I guess what Vivek is heading up isn't so out there

I think Schultz's Sonics ownership group had something like 40-50 people, in all.

Had no idea, I always thought most ownership groups were just a person or two and their family (like the Maloofs) and then a bunch of random local minority owners who were holdovers from original ownership

 

[crcballer55]

Damn, had no idea the Spurs have 17 total owners in their ownership group with Peter Holt owning the majority 35% share.

I guess what Vivek is heading up isn't so out there

I think Schultz's Sonics ownership group had something like 40-50 people, in all.

Had no idea, I always thought most ownership groups were just a person or two and their family (like the Maloofs) and then a bunch of random local minority owners who were holdovers from original ownership

No, Look at the Giants & 49ers ownership groups. It's pretty similar, but you only hear about the majority owner. Heck, even Jerry Buss was selling shares of the Lakers to his stars.

 

[Deleted member 38182]

Honestly, the Maloofs reputation just took another huge blow. They clearly tried to vet Sacs offer to green light an increase from Hansen.
— James Ham (@James_Ham) April 13, 2013

If you think today has been fun, wait 'till you get a load of what's in store next week.New York's gonna be a hoot.
— Bryan May (@BMayNews10) April 13, 2013

Folks have pointed this out to me and I did the math to confirm: based on his statement, Hansen actually raising offer by just $16.5 mil.
— Jonathan Santiago (@itsjonsantiago) April 13, 2013

Hansen says Maloofs and him agreed on $550 mil franchise valuation.He's purchasing 65% and 65% of $550 million is $357.5 million.
— Jonathan Santiago (@itsjonsantiago) April 13, 2013

thats not so bad, only like $16M more. 

Good try on the Maloofs part to try and get Sac to fork up the offer so that Hansen could just raise the bid after the fact.

The $30m deposit and this strong-arm move has to stack up against the Maloofs/Hansen.

 

[dub 253]

So the Hansen raised the purchase price? Oh. I'm SHOCKED.

 

[Deleted member 38182]

So the Hansen raised the purchase price? Oh.

Yup, must be feeling the heat...

 

[dub 253]

So the Hansen raised the purchase price? Oh.

Yup, must be feeling the heat...

Most likely. I just feel vindicated.

 

[Deleted member 38182]

So the Hansen raised the purchase price? Oh.

Yup, must be feeling the heat...

Most likely. I just feel vindicated.

Definitely, cracked me up seeing so many national writers and Seattle folks write off Sacramento so quickly.......... we will win.

 

[dub 253]

Objectively, It's interesting as hell to see these billionaires (on both sides) fighting this hard for a team.

 

[Deleted member 38182]

Objectively, It's interesting as hell to see these billionaires (on both sides) fighting this hard for a team.

Wait, are you with Seattle or Sacramento