Sonics: Hansen expects Ballmer to stay on investment team until NBA is back in Seattle

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From the sounds of it, Steve Ballmer appears committed to bringing NBA hoops back to the Emerald City. Two weeks after the NBA voted to prevent an investment group led by the Microsoft CEO and hedge fund manager Chris Hansen from bringing the Sacramento Kings to Seattle, Hansen sat down with local TV and radio stations… Read More…

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

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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…

NBA committee rejects bid to bring NBA to Seattle, Ballmer ‘horribly disappointed’

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The effort to bring NBA hoops back to Seattle took a serious blow today, as the NBA relocation committee made up of 12 owners unanimously voted to block Seattle’s bid to buy the Kings and bring them to Emerald City. League owners will make an official vote May 13, but that’s expected to be a… Read More…

Sonics update: Former Facebook exec joins Sacramento investor group

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Another California tech titan is joining the group trying to keep an NBA team in Sacramento and away from Seattle. Chris Kelly, who was Facebook’s Chief Privacy Officer from 2005-2010, is joining the partnership hoping to buy the Sacramento Kings and block Seattle’s bid to bring the Supersonics back to the Emerald City. The Sacramento… Read More…

Sonics update: 44K season-ticket requests and a music video featuring Macklemore

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Lots going on with the Sonics today, from a “stunning” season ticket priority wait list to a Sacramento group trying to block an arena being built in their city. But first, important to note that tomorrow is a huge day. The two leaders of the Seattle investment group trying to bring NBA basketball to Seattle… Read More…

Sonics update: It’s turning into a Silicon Valley vs. Seattle investor showdown

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By now, you’ve likely either read or had a discussion about the Seattle vs. Silicon Valley entrepreneurial debate. Heck, the good folks over at Killer Infographics even designed the badass poster you see above that artistically describes the different characteristics of each region’s geeks. Now that discussion is moving to the basketball court. For a while, it seemed as though… Read More…

Sonics update: NHL owner and fitness guru to challenge Seattle’s NBA bid

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In his annual State of the City address, Sacramento mayor Kevin Johnson named two equity investors as part of the fight to keep the Sacramento Kings in town. 24-Hour Fitness founder Mark Mastrov and Rob Burkle, co-owner of the NHL’s Pittsburgh Penguins, are the two investors. Mastrov will lead the bid to buy the team from… Read More…

Sonics update: Sacramento mayor Kevin Johnson outlines plan to keep Kings

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While the deal to bring the NBA back to Seattle is extremely close to completion, Sacramento still has a chance to keep its team in town and mayor Kevin Johnson outlined his plan Tuesday afternoon. Johnson, a former NBA point guard, spoke with confidence that the city would come up with an offer to keep… 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…