Another day, another unconfirmed source says Sacramento Kings have been sold to Seattle group

Apparently the Maloofs invested all their money in plastic. AM I RIGHT?!

Here we go again.

According to the Sacramento Bee, it's official: the Kings have been sold to the Seattle group led by Chris Hansen.

A tweet from a Comcast Sports Bay Area NBA analyst this morning said the team had been sold for $525 million to a group led by hedge-fund manager Chris Hansen. A representative for Hansen in Seattle could not immediately be reached for comment.

Eric Rose, a Kings spokesman, said, "Nothing has changed with our position that we will not comment on rumors or speculation about the Sacramento Kings franchise."

And, as Sonics fans know, these kind of anonymous sources are never, ever wrong.

UPDATE: And now, of course, CBS Sports is reporting that the Kings might have a local buyer lined up. Gulp!

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.

Supersonics 2.0 : Sacramento Kings moving to Seattle?

Maloof. Maloof. Maloof is on fire! (sorry)

Chris Hansen is buying the Sacramento Kings and moving them to Seattle in time to start playing at The Key next season, according to the wild rumor mill known as Yahoo! Sports.

The rumor originated in a Tweet from Daina Falk, a food blogger known as “The Hungry Fan’’ and also the daughter of longtime NBA agent David Falk, whose clients included Michael Jordan and a number of former  Sonics, including longtime team president Wally Walker. 

Daina Falk sent out a Tweet Tuesday reading: “So I hear that the Seattle Kings is officially a done deal! The Maloofs (the family  that owns the Kings) finally sold the ailing Sacramento team.’’ 

When questioned about the Tweet, she responded that she had heard it from someone who would know, and she also referred to the Tweet on her Facebook page saying to wait and see what happens over the next few days. 

Those Tweets and her Facebook message were all deleted by Wednesday morning.

(from The Seattle Times)