There were some specifics nailed down from what we previously knew.

A little fun with math here. If the Maloofs are receiving a pro-rated portion of the $525 million, that means they would received $278 million. I'm not positive how the debt-settlement works (if the Maloofs own responsibility for the debt or if it is shared amongst all owners pro-rata), but let's assume for a moment the Maloofs are the ones on the hook. They owe the city $77 million, and the NBA another $125 million, based on various reports. That would leave the Maloofs with $76 million, before they paid any sort of capital gains taxes.

By comparison, let's say the Kings sold to a local owner for $450 million. 53% would be $238 million. The $77 to the city could roll to the new owners. The Maloofs pay back the NBA, and net $113 million. Regardless of how the debt is split or not split amongst the owners, selling to Sacramento for less still puts more in the Maloofs' pockets. This is how the city of Sacramento can make a competitive offer.

So, Seattle, a non-binding deal, huh? Good luck with that.