Maloof family close to finalizing a deal to sell Kings to Seattle area group

SacramentoKings

Are you ready for the NBA’s return to Seattle? After losing the Sonics to Oklahoma City, it appears that Seattle is getting another shot with a new NBA team. Per Yahoo’s Adrian Wojnarowski, the Maloofs have reached a deal to sell the Kings to a Seattle based investor group for $500 million. The Maloofs plan to hold onto a small percentage of the franchise but not in a decision making capacity.

Kings-sold-Seattle-investment-group

 

The deadline to submit the application to the NBA for relocation is March 1st.

The fans of Seattle deserve a team but the cowbell loving Kings fans of Sacramento will always hold a special place in my heart from the Laker Championship years from 00-02. Mixed emotions.

Looks like I’m not the only one who feels that way. Check out Kings center DeMarcus Cousin’s Tweet.