Sonics update: Bidding war? Seattle group increases bid by $25M

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The Seattle investment group led by Chris Hansen and Microsoft CEO Steve Ballmer is raising its bid to bring the NBA back to the Emerald City. Late Friday, Hansen wrote that his group is increasing its purchase offer to buy the Sacramento Kings from the Maloof family by $25 million from $525 million to $550… Read More…

California politician blasts Ballmer over NBA deal, seeks details on Microsoft’s state contracts

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Nasty, angry, threatening — these are words that describe a letter sent on Tuesday from a California politician intending to vilify Microsoft CEO Steve Ballmer. Ballmer is co-leading a Seattle investment group that is extremely close to purchasing the Sacramento Kings and moving the NBA team to the Emerald City for a reported $341 million…. Read More…

Done deal: The NBA is returning to Seattle

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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…