SEATTLE - Seattle investor Chris Hansen is reacting to the NBA's relocation committee unanimously recommending that the NBA Board of Governors deny the application of the Sacramento Kings to relocate to Seattle.
According to the Sacramento Bee, the NBA’s combined relocation and finance advisory committee, composed of 12 owners, voted down the Maloof family's proposed sale of the Kings to Chris Hansen and Steve Ballmer, who planned to move the team to Seattle.
The board will convene during the week of May 13 to vote on whether the team should move.
The Seattle group needs 23 of 30 owners' votes to get control of the team.
Chris Hansen told fans on the sonicsarena.com website, "while we are disappointed with the relocation committee’s recommendation, we just wanted to let you all know that we remain fully committed to seeing this transaction through. "
Sacramento's mayor promised a big announcement about investors by March 1, but the date was missed. On April 3 and April 17 , a key NBA committee failed to produce any recommendation about the move. Finally, no decision was made during the NBA owners meetings on April 18-19.
Though the news of the relocation committee's recommendation came out Monday, the league has made clear previously that a final decision would not come until on or around May 13 -- if that deadline is not missed as well.
Hansen said late Monday on his website that, "we have numerous options at our disposal and have absolutely no plans to give up. Impossible is nothing but a state of mind."
The full Chris Hansen statement:
To the Sonics Faithful
While we are disappointed with the relocation committee’s recommendation, we just wanted to let you all know that we remain fully committed to seeing this transaction through. As you are all well aware, we have a binding transaction to purchase the Kings for what would be a record price for an NBA franchise, have one of the best ownership groups ever assembled to purchase a professional sports team in the US, have clearly demonstrated that we have a much more solid Arena plan, have offered a much higher price than the yet to be finalized Sacramento Group, and have placed all of the funds to close the transaction into escrow. As such, we plan to unequivocally state our case for both relocation and our plan to move forward with the transaction to the league and owners at the upcoming Board of Governor’s Meeting in Mid-May.
When we started this process everyone thought it was impossible. While this represents yet another obstacle to achieving our goal, I just wanted to reassure all of you that we have numerous options at our disposal and have absolutely no plans to give up. Impossible is nothing but a state of mind.
“Impossible is just a big word thrown around by small men who find it easier to live in the world they've been given than to explore the power they have to change it. Impossible is not a fact. It's an opinion. Impossible is not a declaration. It's a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.” ―Muhammad Ali