The Maloof family is finalizing an agreement to sell the Sacramento Kings to a group that hopes to move the franchise to Seattle for the 2013-14 season, league sources told Yahoo! Sports.
I predicted a little more than eighteen months ago that the Maloofs would lose control of the Kings.
Happy for Seattle, sad for Sacramento. Knew this day was coming though - this was the real reason Sac wouldn't discuss Cousins with anyone.— Bill Simmons (@BillSimmons) January 9, 2013
The Maloofs couldn't afford to run an NBA franchise for YEARS. Cash-poor owners + small market = trouble. My 2011 take: es.pn/frjNBg— Bill Simmons (@BillSimmons) January 9, 2013
Yahoo's report on Sea-Sac sale: tinyurl.com/arbhm9j. Add from me: Relocation fee TBD. Chair of NBA's Relocation Committee? CLAY BENNETT.— Bill Simmons (@BillSimmons) January 9, 2013