The Franchise Will Be Sold and in Seattle Within Three Years
After a brief glimmer of hope in February that a deal could be struck for a new arena in Sacramento, the Kings look less likely than ever to stay in California's capital.
Ever since Kings majority owners George and Joe Maloof pulled out of their initially agreed upon deal in April, mayor Kevin Johnson's office and the Maloofs have been engaged in a heated public relations battle.
Johnson started the process by calling the Maloofs' negotiating tactics "disingenuous", setting the stage for the trade of scathing verbal grenades.
First, it was the Maloofs telling USA Today that they preferred not to negotiate with Johnson anymore based on his "unfair and not truthful" assertions.
But it was a statement by a member of the mayor's retention committee in the aforementioned USA Today article that shed light on the brokenness of this relationship:
As their bizarre press conference laid bare for all to see, dealing with the Maloofs is like dealing with the North Koreans— except they are less competent.
And all of this is before Lehane called on U.S. Attorney General Eric Holder to investigate the Maloofs for criminal activity.
Needless to say, the Maloofs and Johnson probably aren't going to be in each other's fantasy basketball league next season.
Amid all of this chaos, in comes Seattle with Microsoft CEO Steve Ballmer and members of the Nordstrom family in place for financing a new arena in the former home of the Supersonics.
Money talks and the Maloofs will walk.