George Maloof, Gavin Maloof, Joe Maloof

NBA office makes it official: Deal to sell Kings to Seattle group reached. Gavin Maloof makes statement.


We told you last night the deal was agreed to confirming a week of rumors that an agreement to sell the Sacramento Kings to a Seattle-based investment group led by Chris Hansen had been reached.

The NBA confirmed that Monday morning releasing a statement:

“The NBA received an executed Purchase and Sale Agreement for the transfer of a controlling interest in the Sacramento Kings from the Maloof family to an investor group led by Christopher Hansen. The proposed transaction is subject to the approval of the NBA Board of Governors and has been referred to the Board’s committee process for review.”

Gavin Maloof, one of the Maloof family members that owns the team released a statement:

“We have always appreciated and treasured our ownership of the Kings and have had a great admiration for the fans and our team members.
We would also like thank Chris Hansen for his professionalism during our negotiation. Chris will be a great steward for the franchise.”

As Tom Ziller pointed out on twitter, nice job not mentioning Sacramento once, Maloofs.

Neither side is confirming the details of the deal, but we know that the franchise is valued at $525 million and the Hansen group is buying 65 percent ownership.

We’ve already detailed the future steps in this process.

Carmelo Anthony drops 21 on Wizards in preseason Friday

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We had an efficient Carmelo Anthony sighting in the preseason.

Anthony and the Knicks went up against the Wizards and ‘Melo hit 10-of-15 shots to score 21 points. He also had four rebounds and four assists.

Derrick Williams had 23 points on 11 shots to lead the Knicks in scoring, and New York won 115-104.

Lucky? Klay Thompson reminds Doc Rivers which team lost to Rockets


There’s this overplayed angle talked about by some fans and pundits suggesting the Warriors just got lucky last season — for example, they faced a banged-up Rockets’ team in the conference finals then a Cavaliers’ squad without two of their big three through the Finals. Then there was Clippers’ coach Doc Rivers saying the Warriors were lucky not having to play the Clippers or Spurs in the postseason.

The Warriors are sick of hearing they were lucky.

Friday Klay Thompson fired back at Rivers, via

– “I wanted to play the Clippers last year, but they couldn’t handle their business.”
– “If we got lucky, look at our record against them last year (Warriors 3-1). I’m pretty sure we smacked them.”
– “Didn’t they lose to the Rockets? Exactly. So haha. That just makes me laugh. That’s funny. Weren’t they up 3-1 too?”
– “Yeah, tell them I said that. That’s funny. That’s funny.”

Warriors big man Andrew Bogut phrased it differently.

If you think the Warriors just won because they were lucky — you are dead wrong.

They were the best team in the NBA last season, bar none. They won 67 regular season games in a tough conference, then beat everyone in their path to win a title. Did they catch some breaks along the way, particularly with health? You bet. Magic Johnson, Michael Jordan, and Kobe Bryant didn’t win a title without catching some breaks along the way, either. Nobody does. Luck plays a role, but it was not the primary factor in why the Warriors are champs.

All this talk of them getting lucky is fuel for the fire they needed not to be complacent this season. Way to give the defending champs bulletin board material, Doc.