Frankly, it’s hard to blame the Maloofs – but something they’ve tried to avoid doing publicly for so many years finally became a reality. The Maloofs issued a statement last night (through their reps) saying they are open to all options when it comes to the future of the Kings.
In a statement issued late Monday, representatives of Sacramento Kings owners Joe and Gavin Maloof say they’re no longer ruling out moving the struggling NBA franchise from it’s longtime home in Sacramento.In a one sentence statement issued to News10, the Maloof brothers said they “are looking at all options to ensure the long term viability of this franchise.”
While we’ve all been aware of the Kings potentially relocating, this is the first time we’ve heard the Maloof family publicly acknowledge that its a very real possibility. It’s almost always been a denial, even though we knew what they really meant, but they’ve never wanted to come out and say it. And while they didn’t spell it out, it’s clear the Maloofs have to do what’s right for them.
After the NBA tried to unsuccessfully help the Maloofs get a new arena and then wash their hands of any involvement in the situation, it became evident the Kings were in some serious trouble. I know many will be unhappy with the Maloofs, but it’s no longer feasible to operate a team financially out of Arco, especially with the Maloofs current financial troubles.
Do they want to stay in Sacramento? Of course they do. Is it probable? Without a new arena within a few years, I can’t see how. No, they aren’t calling for moving boxes tomorrow and no, this isn’t really any new information – but it is what it is.