Kings' move to Seattle is all but a done deal

938659.jpg

Kings' move to Seattle is all but a done deal

From Comcast SportsNetThe only thing stopping the Sacramento Kings from a sale and move to Seattle is approval by NBA owners.The Maloof family has agreed to sell the Kings to a Seattle group led by investor Chris Hansen, two people familiar with the decision said Sunday night. The people spoke to The Associated Press on condition of anonymity because the deal is still pending approval from the NBA Board of Governors.One person said Hansen's group will buy 65 percent of the franchise for 525 million, move the team to Seattle and restore the SuperSonics name. The Maloofs will have no stake in the team.The sale figure is a total valuation of the franchise, which includes relocation fees. Hansen's group also is hoping to buy out other minority investors.The Maloofs will receive a 30 million non-refundable deposit Feb. 1, according to the deal, one person said. They will still be allowed to receive other offers until the league approves the sale.Sacramento Mayor Kevin Johnson said last week he had received permission from NBA Commissioner David Stern to present a counteroffer to league owners from buyers who would keep the Kings in Sacramento.The plan by Hansen's group is to have the team play at least the next two seasons in KeyArena before moving into a new facility in downtown Seattle. The deadline for teams to apply for a move for the next season is March 1.Johnson said in a statement late Sunday night that the city remains undeterred despite the agreement with the Seattle group."Sacramento has proven that it is a strong NBA market with a fan base that year in and year out has demonstrated a commitment to the Kings by selling out 19 of 27 seasons in a top 20 market and owning two of the longest sellout streaks in NBA history," Johnson said."When it comes to keeping the team in our community, Sacramento is playing to win. In particular, we have been focused like a laser on identifying an ownership group that will both have the financial resources desired by the NBA and the vision to make the Kings the NBA equivalent of what the Green Bay Packers have been in the NFL."In a saga that has dragged on for nearly three years, Johnson and Sacramento appear to be facing their most daunting challenge yet.Hansen, a Seattle native and San Francisco-based investor, reached agreement with local governments in Seattle last October on plans to build a 490 million arena near the city's other stadiums, CenturyLink Field and Safeco Field.As part of the agreement, no construction will begin until all environmental reviews are completed and a team has been secured.Hansen's group is expected to pitch in 290 million in private investment toward the arena, along with helping to pay for transportation improvements in the area around the stadiums.The plans also call for the arena to be able to handle a future NHL franchise.The remaining 200 million in public financing would be paid back with rent money and admissions taxes from the arena, and if that money falls short, Hansen would be responsible for making up the rest.Other investors in the proposed arena include Microsoft Chief Executive Steve Ballmer and two members of the Nordstrom department store family.Hansen's goal has been to return the SuperSonics to the Puget Sound after they were moved from Seattle to Oklahoma City in 2008.Asked in September if he could envision a team being in Seattle for the 2013 season, Hansen was cautious about finding an option that quickly.The Kings' sale price would top the NBA-record 450 million the Golden State Warriors sold for in July 2010.Brothers Joe, Gavin and George Maloof bought controlling interests in the franchise from Los Angeles-based developer Jim Thomas in 1999. The Maloofs, who have long waited for an upgrade to the team's outdated arena, backed out of a tentative 391 million deal for a new downtown building with Sacramento last year, reigniting fears the franchise could relocate.Johnson and the Kings broke off all negotiations in the summer with the team's owners, who said the deal didn't make financial sense for the franchise.In 2011, the Kings appeared determined to move to Anaheim before Johnson convinced the NBA to give the city one last chance to help finance an arena.At one point, Johnson seemed so certain the team was gone he called the process a "slow death" and compared the city's efforts to keep the Kings a "Hail Mary."Johnson made a pitch to the NBA Board of Governors in April 2011, promising league owners the city would find a way to help finance a new arena to replace the team's current outdated suburban facility. That pitch bought the Kings time, before the brokered deal between the city and the Maloofs fell apart last year.

Celtics force overtime, come up short in 127-123 loss to Blazers

Celtics force overtime, come up short in 127-123 loss to Blazers

BOSTON – For the second time in as many games, the Boston Celtics ran into a team that played with a greater sense of desperation.

And the result was yet another defeat as the Portland Trail Blazers, playing their second game in less than 24 hours, were able to get off their losing skid with a 127-123 overtime win over the Celtics.

Boston (26-17) has now lost back-to-back games at home, while the Blazers (19-27) snapped a four-game losing streak.

In the extra session, Portland jumped out to a 117-113 lead only for Boston’s Al Horford scoring on a bank-shot in the paint and Thomas draining a go-ahead 3-pointer for Boston.

Portland regained the lead when Al-Farouq Aminu made a pair of free throws with 59.3 seconds to play to make it a 119-118 game.

Boston soon fell behind 122-118, but a pair of Thomas free throws with 44.8 seconds to play made it a two-point game.

Mason Plumlee scored with 24 seconds to play in overtime, and an Al Horford miss – rebounded by Plumlee who was then fouled by Horford – essentially put the game away with 13.5 seconds to play.

Boston found themselves down late in the fourth quarter and seemingly headed towards defeat, only to get an unexpected lift in the final seconds from Terry Rozier.

Trailing by three points late in the fourth, Boston had one last chance to force overtime so who did they turn to?

If you were thinking Thomas which is what the Blazers and most fans were thinking, you would have been dead wrong.

The fourth quarter may be Thomas’ time to shine, but at that point in the game it was Rozier’s moment as he drained a 3-pointer with 8.4 seconds left that ultimately forced overtime. He finished with 15 points, three rebounds and three assists off the bench.

The Blazers came into the game with the kind of potent scoring punch in the backcourt that strikes the fear into the heart of any defense, let alone one that has been as up and down as the Boston Celtics this season.

For most of the game, Portland’s 1-2 punch of Damian Lillard (28 points) and C.J. McCollum (35 points) lived up to the lofty billing as they combined for 63 points.

McCollum and Lillard both did their share of damage down the stretch, but it was their bench – specifically Meyers Leonard – whose play kept Portland in the game early on.

He finished with 17 points off the bench.

Boston led 65-56 at the half, but soon found itself in a 67-all game after McCollum made the second of two free throws.

But Boston countered with a put-back basket by Kelly Olynyk and a 3-pointer from Isaiah Thomas to push Boston’s lead to 72-67.

Once again the Blazers fought back and eventually took the lead 74-72 on a powerful put-back dunk by Haverill (Mass.) native Noah Vonleh.

Brad Stevens had seen enough of his team getting pushed around, as he called a time-out with 5:31 to play in the quarter.

It didn’t help as Portland continued to bully their way around the rim for second and third-shot opportunities with their lead peaking at 78-72 following a put-back basket by  Plumlee.

But the Celtics responded with a 7-2 spurt capped off by an end-to-end, driving lay-up by Rozier that cut Portland’s lead to 80-79 with 2:44 to play in the quarter. Boston continued to be within striking distance as the third quarter ended with the Celtics trailing 88-86.