News

Sacramento Kings Owners Keeping Quiet On Latest Sale Rumors

View Comments
Members of the Sacramento Kings look on following a loss against the Los Angeles Lakers on April 13, 2011 at Power Balance Pavilion in Sacramento. (Jed Jacobsohn/Getty Images)

Members of the Sacramento Kings look on following a loss against the Los Angeles Lakers on April 13, 2011 at Power Balance Pavilion in Sacramento. (Jed Jacobsohn/Getty Images)

SACRAMENTO (CBS) — A tweet send by sports reporter Matt Steinmetz revived rumors Friday about the Sacramento Kings being sold and moved to Seattle.

Steinmetz tweeted at 9:29 a.m., “I’ve heard from reliable source that the Kings’ sale to Hansen-Ballmer in Seattle is done deal. Source said price (continued on separate website) of the Sale is $525 million. The source said further that the Maloofs will have no stake or decision-making with Seattle team and are out.”

(Copyright 2012 by CBS San Francisco. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 55,772 other followers