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Comments (15)
More twists, potential roadblocks emerge in Sacramento Kings saga
A minority owner of the Sacramento Kings insisted they have first right of refusal to buy the team, while Oracle founder and billionaire Larry Ellison is reportedly now in the mix to help keep the Kings in Sacramento in the latest developments in the ongoing saga.
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  • Fuego wrote...
    I didn't know
    January 24, 2013 9:55 am
    the Kings are in Bankruptcy. If the minority owner is in bankruptcy how could he get the money to buy out the Maloofs?
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  • marshawnsgrillz wrote...
    They aren't
    January 24, 2013 10:21 am
    He is a bankruptcy trustee.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • doublej wrote...
    Because
    January 24, 2013 10:25 am
    He's rich, which means he can declare bankruptcy and default all of his creditors without paying them. Now he has a bunch of free'd up money he can spend. Look at K-Mart. They declared bankruptcy and as soon as they came clear of the bankruptcy, they bought Sears.
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  • CH wrote...
    It's just too bad you can't do something more useful with your time like helping those in need -
    January 24, 2013 6:56 pm
    like the King County taxpayers?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • ktrenhed wrote...
    Who will make money on this arena deal...
    January 24, 2013 7:01 pm
    Please do yourself a favor and do some research.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Teahawk wrote...
    Read the Seattle Times Editorial Board's trash much??
    January 24, 2013 7:38 pm
    Anyone who can do basic math, read, and has any understanding of what this deal will mean for King County taxpayers would be overwhelmingly supportive of it.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Newton wrote...
    Larry if You step up and Help Sacramento out!.
    January 24, 2013 8:20 pm
    I will buy all your software.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Rangerhawk wrote...
    We'll see your Larry Ellison,
    January 25, 2013 1:22 am
    And raise you one Bill Gates! (come on Bill, it'll be a way cool to rival your old buddy Paul)
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • jstumbo wrote...
    Sure, the minority owners can buy the team...
    January 25, 2013 5:30 am
    Do they have 300+ million dollars? Dont think so. Bringing in someone else to purchase the team is not them exercising a right of first refusal.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • freeloader wrote...
    Don't worry too much...
    January 25, 2013 9:51 am
    I would assume that Chris Hansen's legal team are well aware of that clause and I'm also assuming that they are not worried about it. The wording is apparently pretty ambiguous and it is just the start of a list of things that will probably come up. Don't get too caught up in stories that come out. They are just trying to find news and find some way to cling to hope.
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  • CH wrote...
    King County taxpayers would be overwhelmingly supportive of it -
    January 25, 2013 6:29 am
    if this was true_ King County would have let the taxpayers vote on it. Not all taxpayers in King County are fools. Have your NBA just not with taxpayer money!! Use your skin not ours!!
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  • GoldFish wrote...
    CH
    January 25, 2013 9:08 am
    you are so painfully dumb. The arena has next to zero taxpayer risk. It will be paid with taxes generated from the Arena. Don't use the arena, you dont pay taxes. It's idiots like you that make people think americans are dumb.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Lessmith50 wrote...
    Goldfish
    January 25, 2013 10:14 am
    Your wasting your time with that brain dead troll. dont enable fools like him by responding. Just another Dumb A55 NIMBY! Period! Uniformed and sounds very unitelligent also. So dont waste your time. Not to mention King County taxpayers already voted and passed 091 or whatever it was and this group is following it to a tee. This idiot is pissed that they were friggin idiot when they drafted 091 and didnt cover their a55's.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HLC wrote...
    I seriously doubt Ch has ever held a job.
    January 25, 2013 11:23 am
    No taxpayer there. Go back to class your fourth grade teacher is looking for you. Maybe you'll make it to high school by the time your 30.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
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