Monday, February 11, 2013

Why the Kings May Just Stay in Sacramento

 
Last month it was announced that the Sacramento Kings were sold for $500 million to a Seattle group and that the team was moving to Seattle. There had been rumors for years that the Kings could move to Las Vegas and two years ago the franchise nearly left for Anaheim. The news was met with shock, disgust, sadness, and anger from many Kings fans. But hold the phone. What was reported as a done deal was not so as the deal was never officially agreed to. Furthering that is the NBA has not approved the sale or the move of the team. With their backs against the wall, the fans and its supporters have rallied to save the team from moving and they might just do it.
The main driving force behind keeping the team in Sacramento is Mayor Kevin Johnson. Having played in the NBA himself, Johnson knows how much the team means to the city. Johnson has been working to organize local investors to pool their money together to buy the team. He already has the backing of several investors but is still trying to land the big “whales” as they have been called to pledge their larger resources into buying the team. Mayor Johnson and his group will get the opportunity to present its proposal to the NBA Board of Governors to not only buy the Kings but also present their ideas for a new arena. It also stands to note that only one other time has an NBA team been prevented to move and that was the Minnesota Timberwolves to New Orleans in 1994. An unprecedented move to allow the current city to state its case to stay? You bet. A mere formality that the team will move to Seattle? Not necessarily.
Another point at issue is the right of first refusal. The Seattle group led by Chris Hansen and Steve Ballmer had agreed to purchase 65% of the team.  This leaves the other 35% with minority owners who as it turns out may have the right to first refusal. Also involved is a potential suit in a bankruptcy case with a minority owner of the Kings who has a seven percent stake in the team.
What bothers me is that from the national media’s standpoint that the deal is done and the team will move. Very little has been noted of these other activities going on to keep the Kings in Sacramento (except for mentioning Mayor Johnson’s push to keep the team). For an alternate and somewhat more positive viewpoint I frequently have been going to the blog Sactown Royalty. It’s a Kings fan blog and the outpouring of support and rallying around the team is overwhelming. There is a lot of resentment toward the current owners, the Maloof family, who have basically screwed the pooch in this whole thing.  These fans are passionate and will do anything to prevent their team from leaving. Recently the blog had put out a link to a petition to save the team.  Being based in Sacramento and what is going on allows the blog to get the sense from the local media and social media to report on what is really going on.
On a personal note, this issue is near and dear to me as a Kings fan. While I am not from Sacramento and do not share the pride that the city’s inhabitants have, I relate to the name “Sacramento Kings” and know that it will not be the same if the team moves to Seattle and changes its name and colors completely. Ironically, it is much like what happened to Sonics fans years ago when the team moved to Oklahoma City and changed its colors and name to the Thunder. It retains the Sonics history but has really nothing to do with the Sonics. That fate would be laid upon the Kings if they move and change their name to the “Sonics” or whatever name they choose to be. My hope is that the team stays in Sacramento and is sold to a local group who will not only build a new arena but also pledge to improve the team and bring it back to its winning ways again.