Resolution nearing on Sacramento Kings sale
by Jeff Zillgitt, USA TODAY Sports
NEW YORK – Clarity remains non-existent today on the future of the Sacramento Kings.
There is still no answer to the question: Will the Maloof family sell the franchise to a local group, which plans to keep the team Sacramento or will the Maloofs sell the team to a group which plans to move the team to Seattle?
But NBA Commissioner David Stern said on Friday there will be a resolution the week of May 6 when the league’s Board of Governors are expected to vote on the sale of the franchise.
After two-plus days of meetings in New York, Stern said a joint committee of owners will meet late next week, take a vote on their recommendation and issue a report to the rest of the NBA’s owners.
Owners then have seven business days to consider the report, and Stern said a vote will be taken after that. Stern continued to call it one of most complex dilemmas of his tenure as commissioner.
“This has been wrenching,” Stern said. “This is one that’s just been quite difficult and confusing for the owners as well.”
In a letter sent to the NBA this week, the Maloofs re-iterated their preference to sell the team to the Seattle group. However, Stern pointed out, it’s not the simple.
The NBA encourages owners to sell to the person or group of their choosing, but, “when a team wants to move, it becomes the province of the board, rather than ownership,” Stern said.
The sale of team requires 3/4 approval from league owners, and relocation requires a majority.
Stern said the league is not trying influence the decision, a sentiment echoed by Deputy Commissioner Adam Silver, who will replace Stern when Stern steps aside Feb. 1.
“There’s no lobbying or campaigning going on by the league office,” Silver said. “We are presenting the facts in a most full way we can to the owners.”