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Seattle Group Files for Relocation of Kings
Posted By HOOPSWORLD On February 7, 2013 @ 8:29 am In All,Headlines,NBA Headlines | No Comments
With one more procedural move, the Sacramento Kings took another step toward Seattle.
NBA Commissioner David Stern said Wednesday night that the Seattle group led by Chris Hansen and Steve Ballmer, which recently reached an agreement to purchase the Kings, has formally filed for relocation with the league.
Stern spoke in Minneapolis before the Timberwolves hosted San Antonio. He called the Seattle group “very strong,” and said the appropriate committees have been convened to look over the proposed sale of the Kings and the prospective move.
Stern said the relocation proposal calls for the team to play in KeyArena for “two years, possibly three,” while a new arena in Seattle is being built.
“We have had submitted a signed agreement to have the team sold to a very strong group from Seattle,” Stern said. “We have received an application to have the team moved from Sacramento to Seattle.”
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