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Keeping the Kings: NBA blocks Seattle’s bid to purchase team

The Kings are staying in Sacramento. The NBA Board of Governors voted 22-8 Wednesday in Dallas to keep the Kings in Sacramento and prevent an investment group led by Microsoft CEO Steve Ballmer and hedge fund manager Chris Hansen from bringing the team to Seattle. “This was not an anti-Seattle vote,” NBA commissioner David Stern said…. Read More

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Commish calls Ballmer investment team ‘perfect prototype’ for NBA owners

Here’s what NBA commissioner David Stern thinks of the Chris Hansen/Steve Ballmer investment team: perfection. Appearing on PBS’ Charlie Rose Show Tuesday, Stern and Deputy Commissioner Adam Silver spoke briefly about how the NBA relocation committee unanimously voted Monday afternoon to block Seattle’s bid to buy the Sacramento Kings and bring the NBA back to the Emerald City. An… Read More

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How social media reacted to Sonics news that left Ballmer ‘horribly disappointed’

By now, you’ve probably heard how the NBA relocation committee unanimously voted Monday afternoon to block Seattle’s bid to buy the Sacramento Kings and bring the NBA back to the Emerald City. An investment group led by Microsoft CEO Steve Ballmer and hedge fund manager Chris Hansen had already reached an agreement with the Maloof family (current… Read More

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Done deal: The NBA is returning to Seattle

Seattle basketball fans have reason to celebrate this morning: The NBA is coming back to the Emerald City. We’ve been hearing several reports in the past few weeks and most recently Sunday night, but now the NBA, Chris Hansen, and the Maloof family have all officially confirmed the sale of the Sacramento Kings. The Seattle… Read More

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NBA returning to Seattle thanks to Steve Ballmer

We heard two weeks ago that the NBA might be back in Seattle. Now we have some confirmation and assurance. Several legitimate sources, including ESPN, Yahoo! Sports and The Seattle Times, were all out with stories late Sunday night that reported a done deal between the Maloof family and a Seattle investment group that is led… Read More