The news was bittersweet.
The NBA appears on the brink of return to the hoops-starved city of Seattle. An ownership group led by hedge-fund manager Chris Hansen and Microsoft chairman Steve Ballmer are close to finalizing a $500 million purchase of the Sacramento Kings (according to what league sources told Yahoo! Sports writer Adrian Wojnarowski).
According to the report, the Hansen-Ballmer group hopes to move the franchise to the Pacific Northwest as soon as the 2013-14 season. They're even set to reinstate the city's beloved Sonics, logo and all.
Of course, a franchise gained for Seattle is a franchise lost for the loyal Sacramento fanbase. The city has appeared destined for this fate since an agreement between current owners, the Maloof family, and the municipality on a new arena deal fell apart in 2012.
The two cities are just among the groups who will feel the affect of this transition, though.
Assuming, of course, everything goes as planned—always a risky assumption when the Maloofs are involved. Something that could already be happening, according to Steve Large of CBS Sacramento.