#NBA Kings

Sports with Art Thiel
5:00 am
Fri May 17, 2013

Wait could be longer for Sonics fans; Kings sold to Calif. investors

A fan wears a shirt that reads "Bring Back Our Sonics," as he attends a fan rally Monday in Seattle.
Ted S. Warren AP Photo

Sports with Art Thiel

The effort to bring the Sacramento Kings to Seattle is officially over. After the NBA Board of Governors voted Wednesday to deny relocation of the Kings to Seattle, the team has now been sold to California investors.

The Sacramento Bee reports a Sacramento investors group has reached a deal with the Maloof family to buy the Kings for an NBA record valuation of $535 million.

KPLU sports commentator Art Thiel phoned in a report on the deal late Thursday night.

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