sac_kings.jpg
The owners of the Sacramento Kings have reportedly rejected investor Chris Hansen's offer to buy the team. (AP image)
A noted Sacramento radio personality says investor Chris Hansen offered upwards of $400 million to buy that city's NBA team.

Carmichael Dave claimed on his radio show that sources close to the team say the Maloof family, owners of the Sacramento Kings, rejected the offer from the Seattle billionaire seeking to build a new arena.

A spokesman for Hansen says the investor won't comment on the reports as part of his long-standing position to not discuss any other NBA franchise.

Dave said sources tell him the Maloof family were "looking more to relocate than to sell."

The Maloofs have been rumored to be in talks to move the franchise to Virginia Beach, Virginia.

Hansen earlier this week completed the purchase of enough land in Seattle's SoDo neighborhood to build a new arena if approved by the Seattle City Council. A vote is expected next month.

Follow Josh Kerns, MyNorthwest.com Reporter

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Comments (11)


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  • hpygolkyone wrote...
    Hmmmmmm?.........
    This was news on Monday of this week (maybe even earlier, I forget) that Seattle wasn't in the running and that Virginia Beach was?

    Is MyNW.com on dial-up or something?

    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    how much money does he have? . . . .
    how about a looke see at his tax return's'. Five years is the number?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • dragonmeteor wrote...
    Tax Returns?
    This is sports and he's not Mitt Romney. He will gladly show his tax returns. Just another idiotic topic for you nincompoops to stress over
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • uralnutjobs wrote...
    ch where are yours?
    still waiting for you to release your returns
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Lessmith50 wrote...
    the Maloofs are on dope
    If they think after all the NBA has done to help the Maloofs that they will get the OK on a relocation. They are high on crack cocaine and meth if they think the NBA will allow that. NO FRIGGIN WAY! They just crapped all over David Sterns & Kevin Johnsons plans to build a new arena in Sacramento. NOT SMART DUMB A55's to piss of the great one in David "the Devil" Stern. I will bet my life that they will be forced to sell that team before Stern lets them relocate and keep it. NO WAY! We seen it here first hand what happens when you dis Stern. Except it was not the fan base that dissed him it was our legislature morons.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • messiah101 wrote...
    Lessmith50
    Obviously you have little value on your life because if the NBA refuses to allow the relocation of the team (for a more lucrative deal) then the Maloofs WILL SUE the entire NBA (just like Al Davis did with the NFL) and they WILL WIN.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Lessmith50 wrote...
    messiah101
    they will not win when all the other owners veto it. They have the power to NOT let them relocate. Do you really want to sue the Devil Stern? This is not the NFL. The NFL's Dictator is nutless when it comes to the Devil. I firmly believe if its a pissing match between the Devil and the brain dead Maloofs the Devil will win that war. He has a legal background also. Good luck Maloofs on that one.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    He will gladly show his tax returns . . . .
    I wasn't asking the Council was.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • C"mon Man wrote...
    David Stern
    Would he sign on to another case of franchise free agency, and allow the NBA to return to Seattle? Does not matter what hansen,maloofs or anyone else thinks, is their money,prestige and camera and media face time in it for Stern, He said that Seattle was not committed to pro sports, how can he not have seen those two stadiums from his limo on his way to the four Seasons, or noticed out the window of his private jet as it takes off and lands from Boeing field.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • uralnutjobs wrote...
    old news is new on mynw.com
    this story was debunked weeks ago. VA beach has no plans for a NBA team or stadium.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }








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