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:

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.


See also: Steve Ballmer's Buying the Sacramento Kings and Bringing Basketball Back to Seattle [Gizmodo]