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[crcballer55]

what started this bad blood between the maloofs and Sacramento?
maloofs acting life the whole city banged every woman they cared about

It's kind of how they roll. Rumors have it that they bought the team with the intention of moving them to So. Cal or Las Vegas, but were warned by Jim Thomas (previous owner) that the NBA would never let the team leave. As a result, they have basically tried the same tactics that Bennett did with stonewalling a new arena to try and force the NBA to let them move. Unfortunately for them, Stern has personally been involved with the negotiations and Kevin Johnson has been the mayor, so they've been the bad guys in the situation the whole time since there was no way they were getting out of this deal with anything they wanted. Unfortunately for them, the team they bought was located in a city with a fanbase only rivaled by the Cubs & Packers from a loyalty standpoint.

 

[Deleted member 38182]

The way I'm looking at this is, the Maloofs (and by association, Hansen as well) are going off script again, as the Maloofs always seem to do, such as the 2006 measures Q & R and last years arena plan.

I doubt this ends well for the Maloofs or Hansen. Just another slap in the face to the NBA and it's owners by the Maloofs/Hansen, and IMO probably makes it easier for the owners to side with Sacramento, especially for following the NBA's process thru out this situation. 

What will happen if this is really Hansen's ace of spade he's been saving? I don't know, but I really don't think it will result in successfully purchasing the Kings.

 

[brian to the b]

what started this bad blood between the maloofs and Sacramento?
maloofs acting life the whole city banged every woman they cared about

In short, the Maloofs have always wanted to move the team.

Imagine if you got married to a girl that has no intentions of being faithful to you. Of course you'd just divorce her. As a city, we can't get rid of the owners. We just have to put up with them.

 

[dakid23]

The way I'm looking at this is, the Maloofs (and by association, Hansen as well) are going off script again, as the Maloofs always seem to do, such as the 2006 measures Q & R and last years arena plan.

I doubt this ends well for the Maloofs or Hansen. Just another slap in the face to the NBA and it's owners by the Maloofs/Hansen, and IMO probably makes it easier for the owners to side with Sacramento, especially for following the NBA's process thru out this situation. 

What will happen if this is really Hansen's ace of spade he's been saving? I don't know, but I really don't think it will result in successfully purchasing the Kings.

So your saying the NBA will force the Maloofs to sell to Sac?

 

[Deleted member 38182]

thank the Lord, if in fact, Stern uses his 'best interest of the league' power on this bumbling idiots

It is worth noting the #NBA BOG would have to approve the smaller percentage sale to H&B as well according to my sources #NBAKings
— Tim Montemayor (@TheMontyShow) May 12, 2013

I am told there is a "call" regarding this situation on Monday morning and that "this in no way surprising to those who know the #Maloofs"
— Tim Montemayor (@TheMontyShow) May 12, 2013

4 ppl in the last 15 mins hv said "David will have to evoke his power to act in the best interest of the league" ...word for word #NBAKings
— Tim Montemayor (@TheMontyShow) May 12, 2013

Source says NBA's relocation & finance-advisory committees will meet by conf call Monday to sort out #NBAKings stuff.
— Dale Kasler (@dakasler) May 12, 2013

Source in @vivek group says they're not surprised by Hansen-Ballmer's raised bid, or the Maloof threat. #NBAKings

— Dale Kasler (@dakasler) May 12, 2013

 

[Deleted member 38182]

The way I'm looking at this is, the Maloofs (and by association, Hansen as well) are going off script again, as the Maloofs always seem to do, such as the 2006 measures Q & R and last years arena plan.

I doubt this ends well for the Maloofs or Hansen. Just another slap in the face to the NBA and it's owners by the Maloofs/Hansen, and IMO probably makes it easier for the owners to side with Sacramento, especially for following the NBA's process thru out this situation. 

What will happen if this is really Hansen's ace of spade he's been saving? I don't know, but I really don't think it will result in successfully purchasing the Kings.

So your saying the NBA will force the Maloofs to sell to Sac?

where did I say that? 

All I said was I don't think this helps Hansen's cause whatsoever. 

 

[SneakerProSr.]

I just don't see how not letting a business owner sell a business for 75 million more than the competing offer will stand up in court if the Maloofs are forced to sell the team.

 

[lightweight champion]

“@JaredDudley619: I know the NBA can't like this,ESP after the owners unanimously voted to keep the team is SAC.I really want to know what the NBA options are”

“@CarmichaelDave: “@kevin_welling: @CarmichaelDave NBA can call for repayment of credit line debt, too, right?”

DING”

 

[lightweight champion]

I just don't see how not letting a business owner sell a business for 75 million more than the competing offer will stand up in court if the Maloofs are forced to sell the team.

The money isn't the issue. The issue is after purchasing the team. Not a soul that's living or has ever lived believes Hansen will work in good faith to keep the team in Sacramento.

 

[SneakerProSr.]

I just don't see how not letting a business owner sell a business for 75 million more than the competing offer will stand up in court if the Maloofs are forced to sell the team.

The money isn't the issue. The issue is after purchasing the team. Not a soul that's living or has ever lived believes Hansen will work in good faith to keep the team in Sacramento.

They got to at least give him a shot though considering they just did it 5 years ago.

 

[lightweight champion]

Doubt it. In Mike Singletary's words "Insanity is doing the same thing over and over and expecting different results." Stern won't make the same mistake again.

 

[crcballer55]

I just don't see how not letting a business owner sell a business for 75 million more than the competing offer will stand up in court if the Maloofs are forced to sell the team.

The money isn't the issue. The issue is after purchasing the team. Not a soul that's living or has ever lived believes Hansen will work in good faith to keep the team in Sacramento.

They got to at least give him a shot though considering they just did it 5 years ago.

the NBA has said multiple times that the Seattle situation was a travesty. If you admitted making a mistake would you do it again to try and rectify the situation? Or would you try to never do it again?

If the Maloofs are tht hell bent on not selling to Sac, the only chance Hansen will have of getting the team is in bankruptcy court when the Maloofs file due to lack of support. If they do in fact reject the Ranadive & co. offer, the market value of the team (and every other franchise in the league) will plumet, thus fulfilling Stern's statement of acting in the best interest of the league. This isn't just an issue of money, it's one of stability and rewarding fan loyalty too. If the NBA doesn't support Sacramento for putting up with all they've been through in the last 28 years with bad teams, bad owners, MULTIPLE threats of leaving, etc. then what is to keep any other franchise from packing up and leving because someone else has the right price for the team? At this point, I think Hansen is just burning bridges for Seattle getting another team. I don't think it would have been that far fetched to think that Seattle would get another team from another willing owner since there are at least a dozen teams that play in empty arenas on a nightly basis.

 

[dakid23]

Look If not the Kings Hansen will still get a team... Money Talks

 

[Deleted member 38182]

Look If not the Kings Hansen will still get a team... Money Talks

Hey something we can all agree on!

So you're saying Hansen slept with Adrianne Maloof?

 

[dakid23]

Hey something we can all agree on!

So you're saying Hansen slept with Adrianne Maloof?

Who?

 

[Deleted member 38182]

Hey something we can all agree on!

So you're saying Hansen slept with Adrianne Maloof?

Who?

I was just making a joke to your earlier response to my post 

but she is the sister of the Maloofs... also kinda looks like a real life Slamson

 

[noblekane]

wow what a beast :x


so why dont the nba just force the maloofs to sell?

If i were david stern and the nba id black ball the maloofs and balmer n hansen for trying to undermine me.

 

[Deleted member 38182]

After they deny Hansen, the NBA could just collect on the Maloof debt and it's hefty enough to make them sell.


I hope Hansen/Ballmer don't get blackballed outta consideration. But they aren't even owners, and yet they are still running around under the cover of darkness doing their best Maloof impression that can't be rubbing the owners of the league in a good way

 

[SneakerProSr.]

I love the passions of the Sac fans but there is a lot of wishful thinking in this thread.

Leagues have proved time and time again they give no damns about fan loyalty.

Two if the owners really didn't like Hansen they wouldn't be reconsidering his purchase agreement with Maloofs

And finally I just don't see how the NBA can call in a loan force the Maloofs to sell and not let them sell to the highest bidder.

If the Maloofs or Hansen sue I can't see that holding up in a court of law

 

[SneakerProSr.]

Also if Hansen keeps upping the bid I just don't see how NBA wont agree to a NBA team being sold for the cost of a NFL team, stadium financing be damned.

Other owners eventually will be like "damn a team either in Seattle or Sacramento went for 700 million dollars! My team is now worth a billion!"

Greed will always win no matter what's "right"

 

[lightweight champion]

I love the passions of the Sac fans but there is a lot of wishful thinking in this thread.

Leagues have proved time and time again they give no damns about fan loyalty.

[COLOR=#red]Two if the owners really didn't like Hansen they wouldn't be reconsidering his purchase agreement with Maloofs [/COLOR]

And finally I just don't see how the NBA can call in a loan force the Maloofs to sell and not let them sell to the highest bidder.

If the Maloofs or Hansen sue I can't see that holding up in a court of law

The NBA proved in 2011 that they care about Sacramento by denying the relocation to Anaheim even though Sacramento didn't have an arena plan in place, and Ducks owner Henry Samueli was willing to pay the relocation fee himself while having the Maloofs control day to day basketball operations.

[COLOR=#red]Word is the Sacramento group has been told by the NBA to disregard every raised bid by the Hansen/Ballmer group.[/COLOR]

They can. This might be Stern's ultimate weapon seeing as how the Maloofs are in debt to the NBA with the maximum amount they've taken from the league's line of credit. If Stern recalls the loan in full the Maloofs would have to pay the entire amount. They can't do it without selling the team. But in order to sell the team they need the approval of the Board of Governors to complete the sale. The 10 person finance committee analyzes prospective owners and arena deals. 5 of those 10 are also on the 7 person relocation committee that just voted 7-0 against the move to Seattle. It's pretty safe to say those same 5 would also deny a sale to Hansen knowing his intent is to relocate.

The Maloofs could very well file for anitrust. Even if they win and are granted the right to sell to Hansen, that doesn't mean Hansen can move the team. Article 9 in the NBA Constitution is pretty clear about what is needed to successfully relocate. The incumbent city must be considered a failed market. In order for a market to be deemed a failure, the city must lack fan support, which the Kings do not. The team must not have political backing, which the Kings do. And finally an arena deal must not be in place and for the forseeable future must not have one even in the beginning stages, which Sacramento already has a term sheet signed. Hell, a bill is being presented to the capital that would bypass the environmental study of the prospective arena site to speed up the construction process if passed. Those three things are what's needed to consider a market a failed one, and Micky Arison stated in those DMs he sent that Sacramento has fulfilled everything they've needed to in order to keep the team.

So there you have it.
- Stern calls in the loan
- Maloofs forced to pay in full.
- Maloofs have to sell team to payoff loan.
- Maloofs want to sell to Hansen.
- Hansen sale blocked by BoG
- Maloofs refuse to sell to Sacramento group.
- Maloofs, as a result, will bleed out and file for bankruptcy.
- Kings are then turned over to NBA like the Hornets were.
- Stern finds local group, much like he found Tom Benson in NoLa, to buy Kings.
- Ranadive, Mastrov, and co. own the Kings.
- Maloofs lose. Again.

If they had any sort of dignity, they would go along with the NBA's advice and just sell to the Sacramento group already. They're not doing anybody any favors by dragging this through the mud for as long as they are.

 

[SneakerProSr.]

After they deny Hansen, the NBA could just collect on the Maloof debt and it's hefty enough to make them sell.


I hope Hansen/Ballmer don't get blackballed outta consideration. But they aren't even owners, and yet they are still running around under the cover of darkness doing their best Maloof impression that can't be rubbing the owners of the league in a good way

Cover of darkness?

There has never been any confusion on what those dudes are about and how they plan to go about it.

They plan to put so much money on the table the NBA can't say no.

If the Kings go on auction like the Rangers did a few years ago the Hansen group will get the team for less than they are offering now. The league will be embarrassed and the value of all NBA teams will plummet.

MLB hates Cuban and he almost got the Rangers because it went to bankruptcy and if he wanted to he could have bought them. The NBA won't let its self it put in that position.


I can't see this ending well for Sacramento unless the local group raises their bid. Probably doesn't have to be dollar for dollar but I can't see the current offer riding.

Hansen and Ballmer have basically turned this into a **** measuring contest and IMO its deeper than money or basketball for them. Its ego and they have so much money its going to be hard to deny them.

 

[Deleted member 38182]

Bruski has hit pretty much everytime with his sources' reports since this Seattle saga started...

I was really hoping this 100% Maloofs doing, but it seems like its on Ballmer. Like I've said a few times now, I really hope he doesn't light any bridge on fire with the NBA to the point where there is 0% hope of Seattle getting a team. They absolutely deserve a team, just not the Kings, and not running around like a chicken with it's head cut off acting petulant about it.

On the contempt of SEA’s camp in spite of the NBA reko against relo, one high-level NBA source said “Ballmer is on a rampage right now.”
— Aaron Bruski (@aaronbruski) May 12, 2013

Source: “Ballmer is playing a game of Russian Roulette with SEA’s NBA future.He can’t throw money at the problem like this is Microsoft.”
— Aaron Bruski (@aaronbruski) May 12, 2013

More: Reports that the league has any real concern about SAC’s arena plan or ownership group are outright false.
— Aaron Bruski (@aaronbruski) May 12, 2013

Source: The idea that Hansen/Ballmer would own any portion of the Kings while they play in Sacramento is a “non-starter.”
— Aaron Bruski (@aaronbruski) May 12, 2013

Source on NBA using Best Interests of the League clause vs. Maloofs: The league "will use all options at its disposal to protect the logo.”
— Aaron Bruski (@aaronbruski) May 12, 2013

 

[SneakerProSr.]

I love the passions of the Sac fans but there is a lot of wishful thinking in this thread.

Leagues have proved time and time again they give no damns about fan loyalty.

[COLOR=#red]Two if the owners really didn't like Hansen they wouldn't be reconsidering his purchase agreement with Maloofs [/COLOR]

And finally I just don't see how the NBA can call in a loan force the Maloofs to sell and not let them sell to the highest bidder.

If the Maloofs or Hansen sue I can't see that holding up in a court of law

The NBA proved in 2011 that they care about Sacramento by denying the relocation to Anaheim even though Sacramento didn't have an arena plan in place, and Ducks owner Henry Samueli was willing to pay the relocation fee himself while having the Maloofs control day to day basketball operations.

[COLOR=#red]Word is the Sacramento group has been told by the NBA to disregard every raised bid by the Hansen/Ballmer group.[/COLOR]

They can. This might be Stern's ultimate weapon seeing as how the Maloofs are in debt to the NBA with the maximum amount they've taken from the league's line of credit. If Stern recalls the loan in full the Maloofs would have to pay the entire amount. They can't do it without selling the team. But in order to sell the team they need the approval of the Board of Governors to complete the sale. The 10 person finance committee analyzes prospective owners and arena deals. 5 of those 10 are also on the 7 person relocation committee that just voted 7-0 against the move to Seattle. It's pretty safe to say those same 5 would also deny a sale to Hansen knowing his intent is to relocate.

The Maloofs could very well file for anitrust. Even if they win and are granted the right to sell to Hansen, that doesn't mean Hansen can move the team. Article 9 in the NBA Constitution is pretty clear about what is needed to successfully relocate. The incumbent city must be considered a failed market. In order for a market to be deemed a failure, the city must lack fan support, which the Kings do not. The team must not have political backing, which the Kings do. And finally an arena deal must not be in place and for the forseeable future must not have one even in the beginning stages, which Sacramento already has a term sheet signed. Hell, a bill is being presented to the capital that would bypass the environmental study of the prospective arena site to speed up the construction process if passed. Those three things are what's needed to consider a market a failed one, and Micky Arison stated in those DMs he sent that Sacramento has fulfilled everything they've needed to in order to keep the team.

So there you have it.
- Stern calls in the loan
- Maloofs forced to pay in full.
- Maloofs have to sell team to payoff loan.
- Maloofs want to sell to Hansen.
- Hansen sale blocked by BoG
- Maloofs refuse to sell to Sacramento group.
- Maloofs, as a result, will bleed out and file for bankruptcy.
- Kings are then turned over to NBA like the Hornets were.
- Stern finds local group, much like he found Tom Benson in NoLa, to buy Kings.
- Ranadive, Mastrov, and co. own the Kings.
- Maloofs lose. Again.

If they had any sort of dignity, they would go along with the NBA's advice and just sell to the Sacramento group already. They're not doing anybody any favors by dragging this through the mud for as long as they are.

See the Texas Rangers saga about what control a league has over the ownership group if a team goes to bankruptcy.

 

[Deleted member 38182]

After they deny Hansen, the NBA could just collect on the Maloof debt and it's hefty enough to make them sell.


I hope Hansen/Ballmer don't get blackballed outta consideration. But they aren't even owners, and yet they are still running around under the cover of darkness doing their best Maloof impression

that can't be rubbing the owners of the league in a good way

Cover of darkness?

There has never been any confusion on what those dudes are about and how they plan to go about it.

They plan to put so much money on the table the NBA can't say no.

If the Kings go on auction like the Rangers did a few years ago the Hansen group will get the team for less than they are offering now. The league will be embarrassed and the value of all NBA teams will plummet.

MLB hates Cuban and he almost got the Rangers because it went to bankruptcy and if he wanted to he could have bought them. The NBA won't let its self it put in that position.


I can't see this ending well for Sacramento unless the local group raises their bid. Probably doesn't have to be dollar for dollar but I can't see the current offer riding.

Hansen and Ballmer have basically turned this into a **** measuring contest and IMO its deeper than money or basketball for them. Its ego and they have so much money its going to be hard to deny them.

I meant that in terms of not following the NBA directions or process. 

There is a reason Sacramento hasn't raised it's bid and there is a reason the NBA hasn't even acknowledged the two 'voluntary' increases. Why do they even need to voluntarily raise it, does it mean Seattle feels threatened by Sacramento?

I can't see this ending well for Seattle until they start working hand in hand with the NBA and stop flying off script ala Maloof-style.