One big question lurking behind all discussions of the Maloofs' reported sale of the Kings to the Seattle folks is the debt that the family carries on the team. There were a lot of numbers thrown about on Wednesday, but rest assured that the number is right around $200 million.
How much that all matters in the proceedings, should Sacramento get an opportunity to present a bidder, is unclear. But as has been noted ad nauseum: that city debt can be considered a helluva lot more liquid for a local buyer than a Seattle buyer.
***
SIGN THE HERE WE STAY PETITION TO KEEP THE KINGS IN SACRAMENTO AND GET SEATTLE AN EXPANSION TEAM
0 Comments
Badge Legend