Tagged: David Stern

The battle between Seattle and Sacramento investors over the Kings basketball team has taken a few more turns. The most interesting one is the revelation that NBA commissioner David Stern appears to want to keep the team in Sactown.

KPLU sports commentator Art Thiel explains why.

Why the delay? That’s what a lot of Sonics fans in Seattle are asking, after a meeting of NBA owners this week regarding the future of the Sacramento Kings.

Seattle and Sacramento groups made competing bids and NBA commissioner David Stern says it will likely take longer than expected to reach a decision. 

If the backers of a plan to build a new sports arena in Seattle's SoDo area are successful, they'll be looking to attract both a professional hockey club and a professional basketball team as marquis tenants.

Seattle and King County lawmakers are poring over the proposal's details. In the coming weeks they'll cast votes on the arena plan, its call for up to $200 million in public bonds (to be paired with $300 million in private funds), a plan championed by investor Chris Hansen.