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Originally Posted by browna
The hub bub he created with the Seattle thing a while back "shocked" people, but it was just him exploring options.
With Seattle missing out on that NBA franchise, and a building on its way to being ready needing a tenant, and, Seattle being closer to Katz then Edmonton is, I wouldn't be surprised to see those avenues explored, though likely a little less public, in the months ahead.
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Seattle hasn't given up yet on the Sacramento NBA franchise.
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LOS ANGELES/SEATTLE (Reuters) - A Seattle investor group vying to purchase the Sacramento Kings NBA team has vastly increased its offer to buy the basketball franchise, hoping to wrest momentum away from a Sacramento group that wants to keep the team in California's capital.
Hedge fund manager Chris Hansen, who is fighting to bring the team to Seattle to replace the city's beloved SuperSonics, posted on his website on Friday that his group's new offer would value the team at $625 million, up $75 million from a prior offer.
Hansen, who leads a group of investors that includes Microsoft CEO Steve Ballmer, had announced a deal in January to buy a controlling interest in the team from the wealthy Maloof family - at the time valuing the franchise at $525 million.
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I don't know if it's changed but originally the new arena was only going to be built when a NBA franchise has been secured.