Kings Owners Get extension to File For Relocation
NEW YORK – The NBA has granted the owners of the Sacramento Kings an extension until May 2 to file paperwork requesting a relocation to Anaheim.
Joe and Gavin Maloof were supposed to submit the documents by Monday, but the league’s owners decided to delay that after hearing from Anaheim and Sacramento officials during their two days of meetings that ended Friday.
Commissioner David Stern said the league wanted to “do a little bit more fact finding” after Sacramento Mayor Kevin Johnson told owners Thursday of additional revenue that had been identified, of the city’s commitment to build a new arena, and revealed an interested potential buyer in Pittsburgh Penguins co-owner Ron Burkle.
However, the Maloofs insist they won’t sell, and Stern says the idea of a sale is “not a high priority on our agenda.”