Stay or go?
The ongoing saga with whether or not the Sacramento Kings are staying in Sacramento continues.
The NBA Board of Governors meeting took place on Thursday and Friday in New York at the Saint Regis hotel.
The voting decision was suppose to come during this meeting, but a few days before it was declared that the owners would need more time to view both Seattle and Sacramento’s offers before deciding anything definitive.
Sources say George Maloof was vocal in the meetings saying he still preferred Seattle’s offer. The Seattle group is headed by Chris Hansen and Steve Ballmer.
The issue with Sacramento prior to these meetings was that the original offer set by Mark Mastrov was not anywhere close to where it needed to be. Since Vivek Ranadive joined the Sacramento group, Stern has been satisfied with the offer.
This saga has been going on for far too long. Kevin Johnson and the Sacramento group have stepped up time and time again, doing everything the NBA has asked for. They delivered on an arena plan, they got enough financial backers to buy the team, and they put together a legitimist ownership group in under three months
However, the NBA is not as much at blame as the Maloof brothers are in this situation. They had the chance to sell to the Sacramento for the same dollar for dollar price. They have not done that. The Maloof brothers have tainted their name for years now running the Sacramento Kings and the entire franchise into the ground. They tried to move this team three different times despite written statements that said their loyalty was to Sacramento first. There’s a reason they only own 2 percent of the Palms Casino Resort now.