HoopsHype.com Sacramento Kings Twitters
» Update: 10:40 AM ET
Wednesday, May 15
I couldn't ask for a better birthday present. Kings stay in Sacramento and @cowbell_kingdom lives on.
Stern: Maloofs were in the room for the great part of the discussion. This was not some overwhelming vote
Adam Silver: It was a wrenching decision. I don't think 22-8 reflects the expressions.
Stern: This was hard work. This was very difficult b/c board was presented w/very strong Seattle group. There was a lot of to & fro
Stern once again referring to incumbency as a major advantage for Sacramento. Gave edge "once Sacramento got engaged" in January.
Stern: It was just do you give the edge to a city that has a 28yr history of support.
Stern: Once Sacramento got engaged in doing this & being able to deliver on promise that advantage to incumbent was going to prevale
Stern: If there is a signed document we would convene by conference call which has vetted Ranadive group
Stern: "It is my expectation that we will be able to make a deal with the Maloofs and the Ranadivé group..." No certainty though.
Stern: It is my expectation that we'll be able to make a deal to transfer ownership to Ranadive group.
Stern: "It is my expectation that we'll be able to make a deal with the Maloofs and Ranadive group to transfer title of the team."
STERN: Maloofs have the right to retain ownership of the franchise. My expectation that we will be able to make deal w/ Maloofs & Ranadive
Stern: Maloofs have right to retain ownership of the franchise b/c all we did was vote on relocation.
Stern: The edge went to the incumbent.
Stern: "This was not an anti-Seattle vote. This was a pro-Sacramento vote."
Stern: This wasn't an anti-Seattle vote. This was a pro-Sacramento vote.
Future NBA Commissioner Adam Silver: "We've never wavered on our interest 2 return to Seattle." Says they want to wait-&-see on next TV deal
Adam SIlver: We fully expect we'll return there (Seattle) one day.
Adam Silver: We;ve never waivered in our desire to return to the city of Seattle. Expansion was discussed as a possibility down the road
Stern: Sacramento used the time of this process to firm up what it said it would do.
Awkward Stern - Seattle moment happening
"(The vote) was on the $625 (million bid from Seattle)" -David Stern
Stern: owners voted on the increased H/B offer of $625million
"Their agreement to sell to Seattle effectively ended with that vote." -David Stern
Stern: Maloofs agreement to sell club to Seattle ended with the vote. We think b/c Maloofs have been good to Sac they will be motivated
STERN: Agreement of Maloofs to sell to Seattle ended with today's relocation vote.
Stern: The big winner here today was Sacramento.
Stern calls today "a victory for Sacramento", moreso than a victory for the NBA.
Stern on whether there's a promise of expansion for Seattle: "Just our promise of fair dealing and ultimate consideration down the road."
"I would say it's a victory for Sacramento." -David Stern
Stern: I would say this is a victory for Sacramento, not a victory for the NBA
Stern to Seattle: Promise of fair dealings and consideration down the road.
"There was a generalized talk that (expansion) would be good in the future." -David Stern
Stern on Ranadivé and Maloofs negotiations: "No documents signed as far as the backup bid."
Stern: The only action taken today was vote on relocation. No documents signed w/backup bid so nothing for BoG to vote on.
"The only action today was on the relocation." -David Stern
Stern on Maloofs' talks w/ Sac: Anticipates they will be open. "And I plan to visit with them and close hopefully on that anticipation."
STERN: Nothing conrete to report with respect to an NBA franchise in Seattle at this time
Stern: I anticipate Maloofs will be open to selling to Sacramento group.
Very sorry to hear that they do not have a plan for Seattle on the table.
Stern: "We don't have anything concrete to report" as far as a franchise for Seattle.
Stern saying a 24-48 hour timetable on negotiations b/w Maloofs and Vivek group.
STERN: If Sacramento community could produce a financially strong ownership group, arena, & fan support - then team should remain in Sac
Stern: If Sac could produce sight & strong ownership group & support by city then appropriate outcome was to keep team in Sacramento
Stern says league will talk to Maloofs to help facilitate deal w/ Sac group in next 24-48 hours.
Stern: Sea presentation was brisk, firm & excellent.
Stern: We will talk to the Maloofs whether we can help facilitate an agreement signed to the Ranadivé group.
Stern: BoG voted to reject Kings relocation to Seattle. Vote was 22-8. We will talk to Maloofs in next 24-48 hours about sale to Sac
Stern: "NBA Board of Governors voted to reject the relocation of the Sacramento Kings to Seattle."
10 seconds for Stern
David Stern in 2 minutes or less. Sounds like a pizza delivery.
Told meeting was very contentious ...
David Stern & Adam Silver "on their way in" for press conference.
Source who is an owner confirms relocation to Seattle denied ... In accordance with relocation committee recommendation ... Awaiting Stern
Other outlets reporting both relocation and sale sale resolved. My source says only relocation settled with Kings staying.
Incredible day for Sacramento. Small Market, Big Heart shines through.
5 minutes to Stern
IT IS ALLLLLLLLLLLLLLLLLLLLLLLLLLL OVER!
The NBA Board of Governors have officially voted down the Kings moving to Seattle.
Owner did not offer details except Sac is staying
Source tell me Sac wins!
Grant Napear screams: "GET READY TO PARTAAAAAAAAAY!"
Board of Gov's ended. David Stern to hold presserexpected in about 10 mins.
Meetings may be over. Several owners walking out
Oh, to expect the expected. Wonderful
Very high level source: "Sac's got this"
Surreal scene here. Phil Oates and Kevin Nagle standing on second floor balcony .. Feet from ex-Sonics player/gm Wally Walker
George and Joe Maloof chatting with Bobby Hernreich now outside conference room ....
Kings minority owner Bob Hernreich just walked into BOG meeting.
Soon. Very soon.
I'm hearing good news...
Hard to see but Joe & George Maloof are now standing outside meeting room. Waiting. http://t.co/21MyNJHOPE
This is the entrance to the board room where the meetings are taking place, just so you have a visual http://t.co/WB5bT6kgu4
Joe & George Maloof left room briefly then Joe waves to throng of cameras as they walk back in