Just a few minutes ago, Yahoo's Adrian Wojnarowski reported that a near-finalized deal is in place to move the Sacramento Kings to Seattle:
The Maloofs are finalizing an agreement to sell the Sacramento Kings to the Hansen-Ballmer led Seattle group, sources tell Yahoo! Sports.— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013
The deal will sell the Kings for approximately $500 million, with the Seattle group seeking relocation to Key Arena for the 2013-'14 season.— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013
The Seattle group's plans, with support of the NBA, is to play two seasons in Key Arena before moving into a new Seattle arena, sources say.— Adrian Wojnarowski (@WojYahooNBA) January 9, 2013
It's nice to see pro basketball return to Seattle, where residents were left outraged and bereft by the cold-blooded dealings that turned their Sonics into the Oklahoma City Thunder. Now that moral high ground can slide into Puget Sound, as Sonics fans claim a pillaged team for their own. That should be fun to watch! Now everyone commence being deliriously happy/queasily guilty/blindingly angry.