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	<title>A Royal Pain &#187; Maloofs</title>
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		<title>Maloof&#8217;s Latest “Backup Deal” is Even Stupider Than Their Previous “Strategy”</title>
		<link>http://aroyalpain.com/2013/05/13/maloofs-latest-backup-deal-is-even-stupider-than-their-previous-strategy/</link>
		<comments>http://aroyalpain.com/2013/05/13/maloofs-latest-backup-deal-is-even-stupider-than-their-previous-strategy/#comments</comments>
		<pubDate>Mon, 13 May 2013 22:38:15 +0000</pubDate>
		<dc:creator>embreystine</dc:creator>
				<category><![CDATA[Kings]]></category>
		<category><![CDATA[Chris Hansen Steve Ballmer]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Maloofs]]></category>
		<category><![CDATA[Phil Jackson]]></category>
		<category><![CDATA[Popular]]></category>
		<category><![CDATA[Sacramento Kings]]></category>
		<category><![CDATA[Vivek Ranadive]]></category>

		<guid isPermaLink="false">http://aroyalpain.com/?p=4931</guid>
		<description><![CDATA[<p>After the NBA’s relocation committee recommended denying the relocation of the Kings franchise to Seattle, the Maloofs met with Chris Hansen to discuss “strategy.” The brilliant idea that came out of that discussion was that Hansen could still buy the team, enter into negotiations with the City of Sacramento to build a new arena and [...]</p><p><a href="http://aroyalpain.com/2013/05/13/maloofs-latest-backup-deal-is-even-stupider-than-their-previous-strategy/">Maloof&#8217;s Latest “Backup Deal” is Even Stupider Than Their Previous “Strategy”</a> - <a href="http://aroyalpain.com">A Royal Pain</a> - <a href="http://aroyalpain.com">A Royal Pain - A Sacramento Kings Fan Site - News, Blogs, Opinion and More</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6211814.jpg"><img class="alignleft size-medium wp-image-4933" title="NBA: George Maloof eats popcorn" src="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6211814-300x199.jpg" alt="" width="300" height="199" /></a>After the NBA’s relocation committee recommended denying the relocation of the Kings franchise to Seattle, the Maloofs met with Chris Hansen to discuss “strategy.” The brilliant idea that came out of that discussion was that Hansen could still buy the team, enter into negotiations with the City of Sacramento to build a new arena and hope that Sacramento dropped the ball at some point. That strategy was based on the idea that the NBA could say no to relocation, but wouldn’t be able to resist the Hansen-Baller group’s deep pockets. While there are many reasons that plan is unlikely to work, the latest “<a title="Plan B" href="http://espn.go.com/nba/story/_/id/9265605/sources-maloof-family-cuts-new-deal-sacramento-kings">Plan B</a>” is even stupider.</p>
<p>The Maloofs announced last week that they have a backup deal with Hansen-Ballmer to sell them 20% of the team, and continue to own and operate the Kings in Sacramento. The thought of another season of the Kings in Sacramento being operated by the Maloof family is as sickening as thoughts come. At least Hansen-Ballmer has the money to at least conceivably contribute to an arena deal with the City of Sacramento. As far fetched and unpleasant as it sounds, it is at least plausible that the NBA could decide to approve the sale of the Kings to Hansen-Ballmer with the contingency that they agree to the same <a title="arena deal with Sacramento" href="http://www.news10.net/news/article/237485/2/Mayor-Sacramento-arena-deal-reached" target="_blank">arena deal with Sacramento</a> that Ranadive and company have already agreed to. The NBA could then closely supervise the execution of the arena plan, keeping the pressure on Sacramento to follow through, and potentially approving relocation sometime in the future should Sacramento fail to live up to their end of the bargain. If the NBA had significant concerns about Sacramento’s ability to build an arena, then the NBA could see approving the Hansen sale as a way to keep the heat on Sacramento to meet every deadline. There are a million reasons why the NBA would not allow that toxic situation come to pass, but there is at least a smidgeon of logic behind that strategy.</p>
<div id="attachment_4932" class="wp-caption alignleft" style="width: 310px"><a href="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6927216.jpg"><img class="size-medium wp-image-4932" title="NBA: Dallas Mavericks at Sacramento Kings" src="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6927216-300x199.jpg" alt="" width="300" height="199" /></a><p class="wp-caption-text">Jan 10, 2013; Sacramento, CA, USA; Sacramento Kings fans hold signs against the Maloof</p></div>
<p>The idea of a Maloof owned team in Sacramento is even more repulsive than the idea of a Chris Hansen owned team in Sacramento. The NBA is well aware that the Maloofs do not have the ability or desire to complete an arena deal with Sacramento.  Last year, they walked away from an arena deal that was significantly better (from the Maloof’s perspective) than the one currently on the table in Sacramento. The NBA does not want this franchise in any city that is not actively working to build an arena as soon as possible, and as long as the Maloofs control the team, there will be absolutely zero progress toward building an arena.</p>
<p>Each new plan the Maloofs and Hansen-Ballmer come up with is worse than the previous one. The NBA finance/relocation had a conference call today, and issued no comment, and did not schedule any follow up meetings. None of the Maloof/Hansen/Ballmer schemes seem to have made any difference to the <a title="recommendation" href="http://aroyalpain.com/2013/05/13/nbas-recommendation-on-kings-relocation-still-stands/">recommendation</a> that the Kings remain in Caifornia’s capitol.</p>
<p>Hopefully, this will all be over within the next few days so that Phil Jackson can go ahead and just <a title="accept a job already." href="http://www.cbssports.com/nba/blog/eye-on-basketball/22227260/report-phil-jackson-waiting-on-kings-seattle-resolution">accept a job already</a>.</p>
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		<title>Did Maloof&#8217;s &#8220;Maloof&#8221; Relocation Of The Sacramento Kings To Seattle?</title>
		<link>http://aroyalpain.com/2013/05/03/did-maloofs-maloof-relocation-of-the-sacramento-kings/</link>
		<comments>http://aroyalpain.com/2013/05/03/did-maloofs-maloof-relocation-of-the-sacramento-kings/#comments</comments>
		<pubDate>Fri, 03 May 2013 16:02:37 +0000</pubDate>
		<dc:creator>Bryan Rosa</dc:creator>
				<category><![CDATA[Kings]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Maloofs]]></category>
		<category><![CDATA[Relocation]]></category>
		<category><![CDATA[Sacramento Kings]]></category>
		<category><![CDATA[Seattle Sonics]]></category>

		<guid isPermaLink="false">http://aroyalpain.com/?p=4863</guid>
		<description><![CDATA[<p>It&#8217;s a bit difficult to ever accuse anybody of screwing up a financial deal where they come out of it with a extra few hundred million dollars in the process, but then again, most people aren&#8217;t the Maloofs. Hoping to sell the Sacramento King franchise to the Seattle based Ballmer-Hansen group and being fully aware [...]</p><p><a href="http://aroyalpain.com/2013/05/03/did-maloofs-maloof-relocation-of-the-sacramento-kings/">Did Maloof&#8217;s &#8220;Maloof&#8221; Relocation Of The Sacramento Kings To Seattle?</a> - <a href="http://aroyalpain.com">A Royal Pain</a> - <a href="http://aroyalpain.com">A Royal Pain - A Sacramento Kings Fan Site - News, Blogs, Opinion and More</a></p>]]></description>
			<content:encoded><![CDATA[<div id="attachment_4864" class="wp-caption alignright" style="width: 310px"><a href="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6212212.jpg"><img class="size-medium wp-image-4864" title="NBA: Los Angeles Lakers at Sacramento Kings" src="http://cdn.fansided.com/wp-content/blogs.dir/88/files/2013/05/6212212-300x199.jpg" alt="" width="300" height="199" /></a><p class="wp-caption-text">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</p></div>
<p>It&#8217;s a bit difficult to ever accuse anybody of screwing up a financial deal where they come out of it with a extra few hundred million dollars in the process, but then again, most people aren&#8217;t the Maloofs.</p>
<p>Hoping to sell the Sacramento King franchise to the Seattle based Ballmer-Hansen group and being fully aware of their intentions to relocate the franchise to the Emerald City, the Maloof family put in a request with the NBA to relocate the Kings. The request would not only get the team in Seattle quicker but also expedite funds to the Maloof pockets.</p>
<p>Of course, little did they know that Sacramento would come out swinging the way they did.</p>
<p>Many have compared this situation to that of the Sonics sale to Clay Bennett and suggested that Hansen could pull a similar move where he keeps the team local for a season or two before moving them. It&#8217;s incredibly silly and grasping at straws, but media is going to media, I guess.</p>
<p>What Bennett didn&#8217;t do though when he purchased the Sonics was request an immediate relocation. His intentions were relatively clear from the start, but unlike the Maloof family who requested to move the franchise, he simply went through with the purchase agreement and then once a venue couldn&#8217;t be completed in Seattle, did he attempt to move the team. It sounds almost like semantics, but it&#8217;s not. By the Maloof family requesting that the franchise also be relocated, it forced the NBA Finance and Relocation committees to look at not only the sale but the relocation as well.</p>
<p>Would the NBA have approved <em>just</em> a sale knowing that Hansen would essentially move the team, even if he stayed in Sacramento for a season or two? It&#8217;s hard to tell. They did with Bennett.</p>
<p>For the NBA, when it came to Seattle and Bennett, they looked at the situation like they do all relocation efforts &#8211; what has the incumbent city done to lose the team? Unfortunately at that time for Seattle, thanks to the building process of both the Seattle Mariners and Seattle Seahawk venues, the public wasn&#8217;t going to finance another stadium and that&#8217;s all the NBA needed to give the green light on relocation. And chances are, with the Ballmer-Hansen group lame-ducking Sacramento in a sale and having no desire to ever build a state of the art arena in Sacramento, they too could&#8217;ve met a similar fate as Seattle did with Bennett.</p>
<p>Thankfully for Sacramento, the Maloof family did file for relocation, forcing the NBA to look at what exactly Sacramento had done to lose the Kings. Their findings? Nothing. With the prospective ownership group willing to put a near identical amount of money in the Maloof pockets along with building a new downtown arena, there was no reason for the NBA to move the Kings. Seattle could&#8217;ve offered the world but as long as Sacramento was willing to offer something similar in return, the incumbent was always going to &#8220;win&#8221; that scenario.</p>
<p>In fairness to the Maloof family, they did find themselves somebody who was willing to overpay for one of the league&#8217;s smaller franchises &#8211; the sweetheart deal they&#8217;ve been apparently attempting to find for a decade or even longer, the result of that being an apparent record sale. But if they had such a vendetta against Sacramento, like so many have have tried to suggest, they certainly didn&#8217;t take the right steps in their potential sale to the Hansen-Ballmer group.</p>
<p>Nobody will ever know what would&#8217;ve happened had the Maloof family just sold the team to the Hansen-Ballmer group and let them deal with their own relocation in the next few years, but what we do know is their relocation bid was denied.</p>
<p>In the end, the Maloof&#8217;s may have &#8220;Maloofed&#8221; the relocation, ironically, in favor of Sacramento.</p>
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