Make me your Homepage
left corner left corner
China Daily Website

Investor seeking to buy Kings

Updated: 2013-01-11 07:31
By Associated Press in Seattle ( China Daily)

Investor Chris Hansen has contacted the Maloof family about buying the Sacramento Kings, setting up the possibility of the NBA's return to Seattle.

Investor seeking to buy Kings

Hansen's interest was confirmed on Wednesday by people with knowledge of the situation. They spoke on condition of anonymity because no deal has been reached.

One person said the Kings could sell for more than $500 million. The Kings' future in Sacramento has been uncertain because the Maloofs and the city haven't been able to come up with a long-term arena solution.

Investor seeking to buy Kings

...