While the long term fate of the Sacramento Kings is essentially held by the NBA’s Board of Governors, one rumor floating around – if the sale to the Seattle based Hansen-Balmer group was to fail – was that the Maloof family would refuse to sell to a Sacramento based group. Why that rumor ever existed, we don’t know, as it sounded pretty petty given everything (especially considering the Maloof’s love of money). But alas – a suggested rumor it was.
However, according to Ryan Lillis and Tony Bizjak of the Sacramento Bee, if there is a failure in the bid for the Sacramento Kings by the Seattle group, the Maloof family is willing to take another offer, or as they call it – a “backup” offer:
@Ryan_Lillis: Kehriotis has contacted Maloofs about submitting “back-up” offer for #NBAKings. Maloofs will accept back-up offers”
The rumor of the Maloof family refusing to sell to a Sacramento based group most likely originated from the suggested issues between their family and that of Ron Burkle, who tried to purchase the Kings before they were ever publicly announced for sale – something the Maloof’s didn’t appear to take kindly to.
Though the Maloof family wont legally be forced to sell to any group, assuming there was a failure in the Seattle bid, it’s widely expected that no matter what happens before the April BOG vote, the Maloof’s are on their way out and will sell to anybody – Sacramento based or not. The Lillis confirmation just solidifies that suggestion.