NBA must find new owners for the Kings

Editor’s note: I’m glad to see the media addressing the “elephant in the corner” when it comes to the Kings. I’ve been stating this for more than a year.

“The time has come for the Maloof family to sell all or part of their ownership in the Sacramento Kings. For the good of the league – and the good of a city and region that have been devoted supporters of professional basketball ever since the Kings first arrived – NBA owners must use their leverage to make this happen,” the Sacramento Bee writes in an editorial.

“As has been increasingly clear, the Maloofs lack the means and the will – or both – to pay for their share of a new sports and entertainment complex in Sacramento, even under terms that many would judge to be extremely favorable to them. Their financial status makes it difficult for them to field a competitive team, which means a franchise owned by the Maloofs will continue to drag down and distract the NBA, regardless of whether the team is in Anaheim, Seattle or another city.

“This isn’t personal about the Maloofs. During their ownership, the Kings became one of the most exciting teams in the NBA, beloved nationwide. The Maloof family deserves credit for those glory years, and if it were in a better financial situation, we’d like to think the family would still be fielding competitive teams and serving as reliable partners in siting and building a new arena.”

Read more here: http://www.sacbee.com/2012/04/13/4410610/nba-must-find-new-owners-for-the.html#storylink=cpy

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One Response

  1. I am not a fan of Sacramento Mayor Kevin Johnson. In my opinion he is a self promoter with no real substance as a civic leader, Boy, the Maloofs really pulled a fast one on him!

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