http://hangtime.blogs.nba.com/2013/01/09/report-sacramento-kings-being-sold-to-seattle-based-group/
SACRAMENTO KINGS BEING SOLD TO SEATTLE-BASED GROUP
The purchase to a group led by Hansen, a Seattle native living in the San Francisco area, is not complete. The Maloofs have a history of bailing on major deals at the last minute, as Sacramento officials know from getting their hearts broken in arena negotiations in the Northern California city. But if details from the very reliable Wojnarowski are completed, chances are good the NBA is forever leaving a town that has supported professional basketball like few others.
TNT analyst David Aldridge confirmed that a deal is in the works and that its structure came together just before Christmas, according to league sources. While the deal has not yet been consummated, the Seattle group is increasingly confident that a deal can be reached. Word of a possible deal first surfaced in a tweet published by Daina Falk, the daughter of sports agent David Falk. In a tweet that was subsequently deleted, Daina Falk said the sale of the Kings was “a done deal” and that the Kings would be in Seattle next year.
Just yesterday, civic leaders in Virginia Beach, Va., who had hoped of luring the Kings this year, ended that cause.
Seattle has already secured financing for an arena and was only waiting on having a team in place before moving forward with construction. The hope there all along has been for the relocated franchise to be re-named the SuperSonics, wear the familiar green and gold, and play in KeyArena until the new building is completed. That, Seattle Mayor Michael McGinn told NBA.com in October, would likely mean two seasons in the old facility.
