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» Update: 10:40 AM ET

Wednesday, May 15

James Ham

I couldn't ask for a better birthday present. Kings stay in Sacramento and @cowbell_kingdom lives on.

Sean Cunningham

The press conference is over. The ball is now back in the Maloof family's hands. #NBAKings

Brian May

Stern: Maloofs were in the room for the great part of the discussion. This was not some overwhelming vote

Brian May

Adam Silver: It was a wrenching decision. I don't think 22-8 reflects the expressions.

Brian May

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

Jon Santiago

Ranadivé deal for #SacKings is still at $525 valuation, not $625 according to Stern.

Jon Santiago

Stern once again referring to incumbency as a major advantage for Sacramento. Gave edge "once Sacramento got engaged" in January.

James Ham

Jimmer Fredette on the vote to keep the Kings in Sacramento today: sulia.com/my_thoughts/ec…

Brian May

Stern: It was just do you give the edge to a city that has a 28yr history of support.

Brian May

Stern: Once Sacramento got engaged in doing this & being able to deliver on promise that advantage to incumbent was going to prevale

Sean Cunningham

STERN: I think Mayor, Vivek Ranadive, Sac City Council did a great job #NBAKings

Brian May

Stern: If there is a signed document we would convene by conference call which has vetted Ranadive group

Jon Santiago

Stern: "It is my expectation that we will be able to make a deal with the Maloofs and the Ranadivé group..." No certainty though.

Mark Kreidler

Wow. What a pregnant pause by David Stern when asked if Seattle was "used as a pawn." Commish looks tired. #Kings

Brian May

Stern: It is my expectation that we'll be able to make a deal to transfer ownership to Ranadive group.

Dave Mason

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."

Sean Cunningham

STERN: Maloofs have the right to retain ownership of the franchise. My expectation that we will be able to make deal w/ Maloofs & Ranadive

Brian May

Stern: Maloofs have right to retain ownership of the franchise b/c all we did was vote on relocation.

Brian May

Stern: The edge went to the incumbent.

Jon Santiago

Stern: "This was not an anti-Seattle vote. This was a pro-Sacramento vote."

Brian May

Stern: This wasn't an anti-Seattle vote. This was a pro-Sacramento vote.

Sean Cunningham

ADAM SILVER: "We fully expect to return to Seattle one day" #NBASeattle

Jon Santiago

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

Brian May

Adam SIlver: We fully expect we'll return there (Seattle) one day.

Brian May

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

Brian May

Stern: Sacramento used the time of this process to firm up what it said it would do.

Sean Cunningham

Awkward Stern - Seattle moment happening

Sean Cunningham

STERN: the NBA vote was on the $625 valuation, not the $525 million #NBAKings

James Ham

"(The vote) was on the $625 (million bid from Seattle)" -David Stern

Brian May

Stern: owners voted on the increased H/B offer of $625million

James Ham

"Their agreement to sell to Seattle effectively ended with that vote." -David Stern

Brian May

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

Sean Cunningham

STERN: Agreement of Maloofs to sell to Seattle ended with today's relocation vote.

Brian May

Stern: The big winner here today was Sacramento.

Jon Santiago

Stern calls today "a victory for Sacramento", moreso than a victory for the NBA.

Sean Cunningham

STERN: Today is a victory for Sacramento #NBAKings

Jon Santiago

Stern on whether there's a promise of expansion for Seattle: "Just our promise of fair dealing and ultimate consideration down the road."

Sean Cunningham

STERN: General talk to consider expansion in the future after TV deal is negotiated. #NBAKings #NBASeattle

James Ham

"I would say it's a victory for Sacramento." -David Stern

Brian May

Stern: I would say this is a victory for Sacramento, not a victory for the NBA

Brian May

Stern to Seattle: Promise of fair dealings and consideration down the road.

James Ham

"There was a generalized talk that (expansion) would be good in the future." -David Stern

Jon Santiago

Stern on Ranadivé and Maloofs negotiations: "No documents signed as far as the backup bid."

Brian May

Stern: The only action taken today was vote on relocation. No documents signed w/backup bid so nothing for BoG to vote on.

Sean Cunningham

STERN: Only action was relocation vote today. #NBAKings #NBASeattle

James Ham

"The only action today was on the relocation." -David Stern

Jon Santiago

Stern on Maloofs' talks w/ Sac: Anticipates they will be open. "And I plan to visit with them and close hopefully on that anticipation."

Sean Cunningham

STERN: Nothing conrete to report with respect to an NBA franchise in Seattle at this time

Brian May

Stern: I anticipate Maloofs will be open to selling to Sacramento group.

Sean Cunningham

David Stern's Helen Thomas - @Brian May

James Ham

Very sorry to hear that they do not have a plan for Seattle on the table.

Jon Santiago

Stern: "We don't have anything concrete to report" as far as a franchise for Seattle.

Dave Mason

Listen to David Stern's presser NOW on @CBSSports1140 : bit.ly/PyHb2X

Jon Santiago

Stern saying a 24-48 hour timetable on negotiations b/w Maloofs and Vivek group.

Sean Cunningham

STERN: If Sacramento community could produce a financially strong ownership group, arena, & fan support - then team should remain in Sac

Brian May

Stern: If Sac could produce sight & strong ownership group & support by city then appropriate outcome was to keep team in Sacramento

Jason Jones

Stern says league will talk to Maloofs to help facilitate deal w/ Sac group in next 24-48 hours.

Brian May

Stern: Sea presentation was brisk, firm & excellent.

Jon Santiago

Stern: We will talk to the Maloofs whether we can help facilitate an agreement signed to the Ranadivé group.

Sean Cunningham

STERN: We will talk to the Maloofs in the next 24-48 hrs to help facilitate agreement between them and Ranadive group #NBAKings

Brian May

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

Sean Cunningham

STERN: 22- 8 vote to vote against relocation of the #NBAKings to Seattle

Dave Mason

Stern: "NBA Board of Governors voted to reject the relocation of the Sacramento Kings to Seattle."

Sean Cunningham

Here We Go ladies and gentleman. David Stern #NBAKings

Brian May

10 seconds for Stern

Sean Cunningham

David Stern in 2 minutes or less. Sounds like a pizza delivery.

Ailene Voisin

Told meeting was very contentious ...

Brian May

David Stern & Adam Silver "on their way in" for press conference.

Ailene Voisin

Source who is an owner confirms relocation to Seattle denied ... In accordance with relocation committee recommendation ... Awaiting Stern

Sean Cunningham

Another source getting blue on me: "Can't you just (bleeping) wait for David Stern?" Ok then. #NBAKings

Dave Mason

Who's going to @FirestonePublic to celebrate?!

Ailene Voisin

Other outlets reporting both relocation and sale sale resolved. My source says only relocation settled with Kings staying.

Brian May

Final vote appears to be 22-8 saying no to relocation. #NBAKings

James Ham

Incredible day for Sacramento. Small Market, Big Heart shines through.

Brian May

Again, Stern presser live on News10 & News10.net as soon as it begins.

Brian May

5 minutes to Stern

James Ham

Glad to see our good friend @Sam Amick breaking the big Kings news. Kings stay!!!!

Sean Cunningham

Sources tight lipped on sale of #NBAKings despite the relocation to Seattle being blocked. 1 source: "We're letting David have his moment"

Brian May

Still waiting to hear on sale of team. We will know more when the Commish speaks in a few minutes. #NBAKings

Dave Mason

IT IS ALLLLLLLLLLLLLLLLLLLLLLLLLLL OVER!

Brian May

Again, David Stern press conference within minutes on News10.net

Brian May

The NBA Board of Governors have officially voted down the Kings moving to Seattle.

Ailene Voisin

Owner did not offer details except Sac is staying

Ailene Voisin

Source tell me Sac wins!

Dave Mason

Grant Napear screams: "GET READY TO PARTAAAAAAAAAY!"

Sean Cunningham

Board of Gov's ended. David Stern to hold presserexpected in about 10 mins.

Brian May

Meetings are over. Stern presser within 10 mins on News10.net

Brian May

Meetings may be over. Several owners walking out

Sean Cunningham

Oh, to expect the expected. Wonderful

Brian May

Very high level source: "Sac's got this"

Ailene Voisin

Surreal scene here. Phil Oates and Kevin Nagle standing on second floor balcony .. Feet from ex-Sonics player/gm Wally Walker

Ailene Voisin

George and Joe Maloof chatting with Bobby Hernreich now outside conference room ....

Ailene Voisin

Kings minority owner Bob Hernreich just walked into BOG meeting.

Brian May

Soon. Very soon.

Brian May

I'm hearing good news...

Brian May

Hard to see but Joe & George Maloof are now standing outside meeting room. Waiting. http://t.co/21MyNJHOPE

Brian May

This is throng of media & fans staked out waiting, waiting, waiting. #NBAKINGS http://t.co/wwMVUcLzBd

Brian May

This is the entrance to the board room where the meetings are taking place, just so you have a visual http://t.co/WB5bT6kgu4

Brian May

Joe & George Maloof left room briefly then Joe waves to throng of cameras as they walk back in