Source: Stern, Potential Kings Bidder Meet
Los Angeles-based billionaire and prospective owner of the Sacramento Kings Ron Burkle met with NBA Commissioner David Stern on Thursday in New York City, according to two people with knowledge of the situation.
The meeting, according to one of the people with knowledge of the situation, lasted approximately two hours and took place inside the NBA’s offices. The day before meeting with Stern, Burkle – according to one of the people – was in Sacramento.
Burkle — the supermarket mogul who is part owner of the NHL’s Pittaburgh Penguins— has been planning to make a competing bidwith fellow money man Mark Mastrov, the Northern California-based founder of 24-Hour Fitness, in an attempt to convince the NBA to keep the team in Sacramento. The goal all along from the Sacramento side has been to force the NBA into a tough decision by putting together an arena plan and a bid that’s competitive with the Hansen-Ballmer group.