Thursday, January 10

Not so fast! Maloofs get Maloofish in deal to bring Kings to Seattle.

To the shock of absolutely no one, the Maloof brothers are apparently acting like giant a-holes in negotiations to bail them out of debtors' prison buy the Sacramento Kings and move them to Seattle, according to this story in the Seattle Times:
The family that owns the Sacramento Kings wants to maintain a say in how the team is run if they sell it to Chris Hansen, creating a possible snag in the sale negotiation, an NBA source told The Seattle Times.

The Maloof family has owned the team since 1998, and brothers Joe and Gavin have been particularly involved and visible presences in the franchise since day one.

An initial Yahoo! Sports report on the sale, since confirmed by others, is that the family would retain a small percentage in the team. But the question now, according to the source, is whether that percentage also would allow the Maloofs some say in how the team is run.
So basically, the Maloofs would like to sell us their car for roughly twice the Blue Book value but still want to be able to borrow it to cruise for dates. Yeah, I'm sure Chris Hansen became a bazillionaire by making shrewd business deals like this.

If these are the sort of folks we have to appease to get a (pretty lousy) team, I'd rather invest in a custom team on NBA Live.

1 comment:

Anonymous said...

As a Kings fan, it pains me to lose them. I have been a fan since the Mitch Richmond days but the Maloofs or Magoofs ruined the franchise. Sell it to Hansen's group already, our guys like Tyreke Evans and Demarcus Cousins deserve better owners. Fire Geoff Petrie while you're at it.