Friday, May 10, 2013

And Now Chris Hansen Increases His Seattle Bid...

Chris Hansen, half of the wanna-be owners of the SacKings moving to Seattle to re-become the SuperSonics, has increased his total bid of the Sacramento Kings from $550 million to $625 million. Hansen also announced on his website, sonicsarena.com, that he has guaranteed other NBA owners that the new Seattle franchise would pay into revenue-sharing instead of taking moneys out.

Hansen hooked up with the Maloof brothers to buy the Sacramento Kings back in January. 65-percent of the team was offered up for US$525-million and the an additional 25 million dollars came across the table.

Now, it's an additional 75-million on top of that...

Hansen said on the website:

While we appreciate that this is a very difficult decision for the league and owners, we hope it is understood that we really believe the time is now to bring the NBA back to Seattle, and that it is paramount that we do everything we can to put Seattle’s best foot forward in this process.

All this ahead of the Wednesday vote to decide relocation... or not...

Here's KING-TV's coverage of the upping of the bid...

The HQ rubs its chin as to why Hansen did all this now...
//somethingtothinkabout

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