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200px-Seattle_SuperSonics_logo (1)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 owners) in January to buy 65 percent of the Kings for a reported $341 million.

But Sacramento came back with its own investment group and arena plan, and the NBA’s relocation committee believes that the Kings should stay in California.

League owners will make an official vote May 13, but that’s expected to be a formality.

It was a seriously blow to Seattle’s chance of getting an NBA team this fall, as there may never be a better opportunity to get pro hoops back in this city, as Ballmer said last week.

But there’s still hope, at least according to Hansen, who penned a blog post late Monday night, writing that the Seattle group “has absolutely no plans to give up.”

Here’s some of the reaction on Twitter last night:

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