Sale Of Sacramento Kings Nears Final Buzzer

Law360, New York (April 23, 2013, 7:28 PM EDT) -- The NBA's Sacramento Kings will likely be sold to a Seattle group led by hedge fund manager Chris Hansen and moved to the Emerald City despite a competing offer to keep the team in Sacramento, senior sports law partners told Law360 on Tuesday.

The fate of the Kings franchise, which has been in Sacramento since 1985, will come down to a vote of the other NBA owners at a league meeting, likely during the week of May 6. The Kings' owners, the Maloof family, have thrown...
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