Kings' move to Seattle is all but a done deal

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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.

Quotes, notes and stars: Red Sox 5, Angels 4

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Quotes, notes and stars: Red Sox 5, Angels 4

Quotes, Notes and Stars of the Red Sox’ 5-4 win over the Angels

Quotes

"It's a joke. That's a brutal call for whoever's back in New York looking at it.'' - Mike Scioscia on decision not to cite fan interference on ground-rule double in the ninth.

"We played with 26 players tonight. I was like, 'Yes!''' - David Ortiz on the fan who touched Daniel Nava's double.

"If I had to go back and do it all over again, I probably would have just thrown a knuckleball. I didn't want to walk a guy, but I've got to think about the bigger picture and just swallow the walk.'' - Steven Wright, on the fastball thrown to C.J. Cron, who hit a grand slam.

Notes

* David Ortiz moved into 19th place all-time in home runs with No. 522, breaking a tie with Willie McCovey, Frank Thomas and Ted Williams.

* Ortiz collected his 2,000th hit as a member of the Red Sox, something only six other players in history have accomplished.

* Ortiz also passed Thomas in career RBI with 1,704, good for 23rd place.

* Ortiz extended his Fenway hitting streak to 18 games. He's reached base at home in every home game since April 29.

* Steven Wright has allowed just six homers all season, but three have come in the last four games. Xander Bogaerts and Mookie Betts became the first Red Sox teammates to record 100 hits each before the team's 81st game since 1988 when four players did so - Wade Boggs, Dwight Evans, Mike Greenwell and Marty Barrett.

* The win snapped a four-game losing streak for the Red Sox against the Angels.

* The game marked the 47th time in first 79 games that the Sox have collected 10 or more hits. That leads the majors, with Kansas City and Detroit next at 39.

* The Sox are 23-9 in Brock Holt's starts.

Stars

1) David Ortiz

Ortiz had a three-hit game with two singles and a homer, the last of which was his 2,000th hit in a Red Sox uniform. The homer also was career home run No. 522, moving him past three Hall of Famers into 19th place all-time.

2) Brock Holt

Holt announced his presence loud and clear with two doubles, two runs scored, an RBI and an assist from the outfield.

3) C.J. Cron

Cron made things mighty interesting with one swing of the bat in the sixth, driving a ball into the Monster Seats for a grand slam that brought the Angels back to within a run.

Sean McAdam can be followed on Twitter: @Sean_McAdam

OFFSEASON

Report: Celtics meeting with Al Horford "went very well"

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Report: Celtics meeting with Al Horford "went very well"

The Boston Celtics' meeting with free agent center Al Horford "went very well," a source told The Boston Globe's Adam Himmelsbach.

The source also added that the Celtics have a "good chance" of signing Horford.

Horford is expected to demand a max contract valued at roughly four-years, $113 million.

Multiple other reports suggest the Hawks have resisted offering Horford a max, though they are working to clear space to re-sign him.

Dupont on Backes: B's won't have any problem with this deal

Dupont on Backes: B's won't have any problem with this deal

Kevin Paul Dupont joins Sports Tonight to discuss the Bruins signing former St. Louis Blue David Backes to a 5-year, $30 million deal.