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Seattle Group Gives Presentation to NBA
Posted By HOOPSWORLD On April 3, 2013 @ 3:32 pm In Headlines,NBA Headlines | No Comments
The Seattle ownership group, which is led by hedge fund manager Chris Hansen and Microsoft chief executive Steve Ballmer, gave a presentation to the NBA’s Board of Governors on Wednesday.
The group made it clear that “the pieces are in place” for Seattle to have a successful NBA franchise right now. Hansen and Ballmer have an agreement with the Maloof family to purchase the Sacramento Kings, but the deal needs league approval.
The plan to bring a team back to Seattle has been in the works for over two years.
Real estate for a new arena has been purchased, tickets have been requested by over 44,000 fans and local government is supporting the movement to bring an NBA team back to the Emerald City.
George Maloof expressed his family’s “strong” desire to go forward with the Seattle deal.
The Sacramento ownership group will also give a presentation to the Board of Governors today. HOOPSWORLD will keep you updated on the latest developments.
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