Another report sale of Kings to Seattle group “done.” We’re not sure.


Let me be honest here: How close to done the Kings sale to the Chris Hansen/Steve Ballmer Seattle group is depends on who you talk to. From some sources around the league it’s all over but the signatures. Out of Sacramento it is nowhere close and the Maloofs want a bidding war.

The latest report on the issue comes from Matt Steinmentz of, via Sulia.

I’ve heard from reliable source that the Kings’ sale to Hansen-Ballmer in Seattle is done deal. Source said price of the sale is $525 million. The source said further that the Maloofs will have no stake or decision-making with Seattle team and are out.

On his radio show in the Bay Area Steinmetz said more, via

“Reports broke two days ago that this was very close with Seattle, but this is done.

“Signed and inked — they were talking to Seattle two days ago, Adrian Woj (Adrian Wojnarowski of Yahoo! Sports and the NBC Sports Network) had a quote that it was at the one-yard line, which it was. At that point, my understanding is that the Maloofs did what about everybody does in that situation, they float that offer around for a day or two, see if they can get any other interest to drive up the price, which appears to have happened, as it’s up to $525M. So that’s possibly what happened.

Steinmetz is a very well connected reporter. He is not a guy prone to spreading crazy rumors. That should worry Sacramento fans. However, he is not a Seattle or Sacramento guy. Basically, take every report from anywhere you hear on this story with a grain of salt, until people are ready to put ink to paper.

If that number is accurate, it is $25 million more than the first offer, which to you and me is a lot of money but is just five percent of the sale price so it’s not that big a jump.

Would Joe and Gavin Maloof, who have a big emotional investment in being NBA owners, give up that stake for another five percent?

This is a big, complex deal with a lot of minority owners involved as well as the Maloof family owing $77 million to the city of Sacramento and another $125 million to the league from it’s credit line. That’s a lot of debt and how that is structured into the deal matters.

We’ll see when and if it gets done. My personal sense is it is getting closer, that it will likely get done before the March 1 deadline so they can file to relocate the team next season, but if the Maloofs pivoted at the last minute nobody would really be shocked.

Mike Budenholzer smirks at lawyer calling Thabo Sefolosha ‘NBA superstar’

Mike Budenholzer, Thabo Sefolosha
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The funny part, via Robert Silverman:

The substantive part:

NEW YORK (AP) — NBA player Thabo Sefolosha, who was arrested outside a New York City nightclub in April following a confrontation with police officer, has a character “of the highest order,” his head coach, Mike Budenholzer, testified Thursday.

Taking the stand as the final defense witness in Sefolosha’s trial, Budenholzer described the Atlanta Hawks guard-forward as “highly intelligent” and a “hard worker.”

When asked by defense attorney Alex Spiro to describe his character, he said it was, “of the highest order.”

“Thabo is of the highest character,” he said during brief testimony in Manhattan Criminal Court.

The Swiss national is charged with misdemeanor obstructing government administration, disorderly conduct and resisting arrest charges stemming from a confrontation with officers outside a trendy Manhattan nightclub early in the morning on April 8. He has pleaded not guilty.

Officers testified this week that Sefolosha and former teammate Pero Antic repeatedly disobeyed their orders to move off the block and away from a crime scene that had been established following the earlier stabbing of another NBA player, Chris Copeland, and two women.

One of the officers also said Sefolosha lunged at an officer with his arm extended but was intercepted before making contact, eventually taken to the ground and arrested.

Sefolosha has testified that he was complying with orders and moving up the block as a particularly aggressive officer screamed profanities at him.

His attorney has argued that his client was singled out by the officer, who is white, because Sefolosha is black.

Sefolosha testified Thursday that he was trying to give money to a panhandler before entering an awaiting car when he was grabbed by police. He said his leg was kicked in the scuffle and he was taken to the ground, handcuffed and hauled to a police precinct. He suffered a fractured right leg, which forced him to miss the playoffs.

The case is the second one involving high-profile athletes accusing New York Police Department officers of wrongdoing this year. On Wednesday, the city agency charged with investigating police misconduct substantiated claims by former tennis star James Blake that an officer used excessive force when he took him to the ground last month after mistkaing Blake for a fraud suspect.

As expected, Jimmy Butler says no issue between him, Derrick Rose

Derrick Rose, Jimmy Butler
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Is the Derrick Rose/Jimmy Butler relationship nothing but puppy dogs and rainbows? No. There will be sparks between two intense competitors.

Have those sparks started a fire Bulls fans should be concerned about? A report on Wednesday said the core problem was Butler doesn’t respect Rose’s work ethic, which provided some kindling for that spark to catch.

However, as you would expect, Butler said this was all much ado about nothing, that he and Rose are all good. Via K.C. Johnson of the Chicago Tribune:

Spin this however you wish: Their relationship is fine and someone in the media is making this up; or their relationship has been rough, and this is all just leaking out now.

This is a Bulls team in a bit of a transition as Rose declines some and Butler has grown into a top-flight player. Clearly that dynamic has some people around the team — likely the people in one of one of the players’ camps doesn’t like the power struggle or where it leaves his buddy — talking out of school to the press.

But as Butler noted, winning cures all ills. If Chicago can get off to a fast start, nobody will be asking chemistry questions.

For now, however, tounges are wagging.