((HT: News10.net))
While the HQ applauds Sacramento mayor Kevin Johnson for his efforts to try and keep the NBA Kings in town, the efforts seem to be coming up a little short in the funds department...
Okay, a "lot short..."
The Maloof brothers have a deal in principle with Seattle hedge fund guy Chris Hansen to pick up the Kings and move them to Hansen's town for a mid-nine figure total.
KJ held a press conference today outlining his attempt to keep the hoops team around... and he introduced civic leaders who are bringing US$19-million to the table.
Please stifle your laughter... he's trying...
Here's some of his presser...
A lot of people, the HQ is sure, were looking forward to hearing about the financial backing the town has from the locals, but KJ admitted that he hopes to make the info public by the end of the week.
But the lack of an arena deal- an idea turned down by the Maloofs last year...
The main sponsorship of Arco now by a mattress company...
And the general disinterest of the current owners to stay...
All are making Mayor Johnson's future audience with NBA Commish David Stern a hard sell- even as Stern himself has washed his hands of the whole thing...
It ain't looking good for a one horse town that can't support their lone horse in the race...
More when we know more...
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