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cheapbag214s · Posted: Fri 9:44, 08 Nov 2013 Post subject: SACRAMENTO

Kings to stay in Sacramento after NBA rejects Seattle move ,[url=http://www.leedpe.com/]christian louboutin pigalle[/url]
SACRAMENTO, May 15 () -- The Sacramento Kings will stay in the California capital after the NBA Board of Governors voted Wednesday to reject a proposed move to Seattle.NBA Commissioner David Stern said the board voted 22-8 to turn down a bid by Kings owners Joe and Gavin Maloof to gain approval for a move in advance of a sale to a Seattle investor group led by hedge fund manager Chris Hansen."This was not an anti-Seattle vote, it was a pro-Sacramento vote," Stern said during a press conference.A group headed by Silicon Valley tech entrepreneur Vivek Ranadive has expressed an interest in buying the Kings and keeping them in Sacramento with a new, publicly subsidized arena,[url=http://www.leedpe.com/]louboutin shoes sale[/url], but was offering substantially less money than Hansen's group.There had been reports the Maloof family threatened it would refuse to sell to the Ranadive group and instead would sell a minority share to Hansen if the move was rejected, but Stern said that didn't happen."It is my expectation that we will be able to make a deal with the Maloofs and the Ranadive group to transfer title in Sacramento," the commissioner said.Stern said the NBA would "continue a dialogue" with the Seattle investors on the possibility of placing an expansion team in the city.