Tag Archives: Maloofs

Kings Packing up Shop; Seattle to Reclaim The Sonics?

UPDATE 21/01/2013: Several sources close to the situation have indicated that a deal for the sale of the Sacramento Kings to Seattle’s Hansen-Ballmer Group is imminent. The reported settlement is said to be worth $525 Million and would see 65% of the Maloofs’ ownership go to Seattle. At this stage it is also reported that […]

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