Ric Bucher's post on Basketball | Latest updates on Sulia
More Kings fodder, for whatever it's worth: both groups, from Seattle and Sacramento, signed papers with the NBA
waiving their right to revenue-sharing funds. It wasn't an incentive presented by either group to improve the attractiveness of their offer, a source says, but a prerequisite set by the league. In other words, the league wants to make the absolute most financially off this battle over the Kings. That's where the raised bid by the Hansen group seems to pose a double-edged sword for the Sacramento group. One, upping the value of the Kings' franchise to $625 million puts money directly into every owners' pocket via the valuation of their franchise. Now, once upon a time, David Stern would've had the wherewithal to tell them all to stand down with a promise he'd find a way to make it up to them. He doesn't hold that sway anymore. Two, Hansen is helping the Maloofs build a hell of an anti-trust law suit; how can the league refuse the Maloofs the right to sell their franchise for that much jack? Even if the league prohibits the franchise from moving, they can't stop the team from being sold to the highest bidder, can they? And then what? Hansen is going to build an arena in Sacramento? Riiiigghht. Sacramento gets to keep the Kings until the Seattle arena is finished? Nobody wants that. At this point, I can't tell you where this ends; I just have a strong feeling it won't end next week. I do know when it comes to sentimental possessions, it's always rough to see the biggest bankroll rule; but the NBA, on the business side at least, never has been much for sentiment.