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NBA committee meeting to decide Kings' fate

Published April 25, 2013 11:37 am

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Sacramento, Calif. • The NBA committee deciding whether the Sacramento Kings should be sold and relocated to Seattle will hold a meeting via conference call Monday.

An NBA spokesman confirmed Thursday that the committee, consisting of 12 league owners, will convene on a call instead of in person. Whenever the committee issues a recommendation, NBA owners will have at least seven business days to review the report before a vote can take place.

The Maloof family has had an agreement since January to sell a 65 percent controlling interest in the Kings to a Seattle group led by hedge-fund manager Chris Hansen. Sacramento Mayor Kevin Johnson has helped put together a competing counteroffer complete with a new arena plan and an ownership group headed by software tycoon Vivek Ranadive.