Just in: the NBA’s relocation committee voted unanimously to reject a relocation of the Sacramento Kings to Seattle. This preliminary vote is meant to be a recommendation to the greater Board of Governors. Given that it was a 12-0 vote, the decision effectively kills any chance of the sale and relocation being approved. It’s possible that Seattle’s Hansen-Ballmer group could launch a lawsuit against the NBA, but that would interfere with any future consideration for either an expansion franchise or another potentially relocated franchise such as the Milwaukee Bucks.
Now it’s up to Sacramento Mayor Kevin Johnson and the “local” ownership group headed by Vivek Ranadive and Mark Mastrov to pull through with the money parts of the deal. KJ and the City Council have to get an EIR passed, put up $250 million in arena bonds, and work out the financial details, which aren’t yet finalized. As for the “whales”, they have to put up their half of the arena through realized pledges from the community. After years of Maloof-caused turmoil, Kings fans can for once breathe easily. The Capitol will keep its team. I can practically hear the cowbells from 90 miles away.