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PostPosted: Thu Aug 23, 2012 3:21 pm 
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SACRAMENTO - The owners of the Sacramento Kings are considering moving the team to Virginia Beach, according to a newspaper based in nearby Norfolk.

The Kings would be tenants in a new arena to be built near the Virginia Beach Convention Center and operated by Global Spectrum, according to the Inside Business.

The paper says lease payments would be guaranteed for 25 years by Comcast, which owns Global Spectrum.

Comcast would reportedly get broadcast rights and its name on the new arena.


http://www.news10.net/news/article/2062 ... o-Virginia


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PostPosted: Thu Jan 10, 2013 9:13 pm 
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The Maloofs, owners of the Sacramento Kings, are finalizing a deal to move the team to Seattle, according to a report on Yahoo! Sports.
The report says team would sold for $500 million to hedge fund manager Chris Hansen and Microsoft chairman Steve Ballmer and play in Seattle's Key Arena, as early as next season, before a new arena is built. The team would play at Key Arena for two seasons.

http://www.usatoday.com/story/sports/nba/kings/2013/01/09/sacramento-kings-maloofs-seattle/1820851/


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