April 26, 2012; Sacramento, CA, USA; Sacramento Kings owners Phil Maloof, George Maloof and Gavin Maloof stand up after the win over the Los Angeles Lakers at Power Balance Pavilion. The Sacramento Kings defeated the Los Angeles Lakers 113-96. Mandatory Credit: Kelley L Cox-USA TODAY Sports

Sacramento Kings Moving To Seattle - Sold To Investor Chris Hansen

Absolute devastation for Sacramento and the greater area.

Per Wojo:

The Maloofs are finalizing an agreement to sell the Sacramento Kings to the Hansen-Ballmer led Seattle group, sources tell Yahoo! Sports

Rumors had leaked earlier this morning that the Kings had been sold thanks to a tweet from the daughter of NBA agent David Falk, but the tweets were quickly removed and denial came from all avenues, including those closest and most respected in King rumors. However, the hush hush was just that as the Maloof family agreed to sell the Sacramento Kings to Seattle business tycoon Chris Hansen and the Hansen–Ballmer led group, this according to Yahoo Sports.

It is important to remember that this deal is not official – the NBA, who hasn’t exactly been helpful in the Maloof’s pursuit of relocation in the past, has to approve the deal – but dealing with a sale is much easier than relocation and there’s no way to make good news of this for Sacramento fans. It will take a pretty big oversight for any purchase to be voided.

We’ll have more on the expected sale and move of the franchise in the coming hours and days, but now is a time of mourning for the city -for the fans – for anybody who bleeds purple and black. If there was any deserving place more than Sacramento to have a franchise, it’s Seattle, who had the rug pulled from underneath their feet a few years back – but they also know the pain that comes with it.

As for the Maloof family, nothing but disgust. Awful, horrible, people.

Tags: Relocation Sacramento Kings

  • Guest19038

    Well that last sentence pretty much summed it up.

  • Dux

    I can’t explain how much I feel sorry for Sacramento Kings fans. I’m from Serbia and I root for the Kings since ’95. I used to wake up late in the night and watch The Greatest Show On Court and continue to root for them after Chris Webber era. I can’t even imagine how painful is this to Sacramento fans but I would like you to know that there are lots of us outside of Sacramento and USA who are also very sad about all this. We rooted for the same team and in my eyes this makes us family. You deserved better than this. I don’t know if I will ever root for Seattle Sonics/Kings…

    • Joe

      Thank you. This means a lot. I hope there is overwhelming support like this all over the world. What a sad day.

  • Pingback: Sacramento Ready To Step Up Again And Save Kings - Buyers In Wait To Make Offers To Keep Kings In Sacramento - A Royal Pain - A Sacramento Kings Fan Site - News, Blogs, Opinion and More