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Originally published Thursday, February 28, 2013 at 7:16 PM

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Mayor reveals plan to keep Kings in Sacramento

Sacramento Mayor Kevin Johnson says two investors want to buy the NBA's Kings and build a downtown arena to stop the proposed move of city's only major league sports team to Seattle.

Associated Press

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SACRAMENTO, Calif. —

Sacramento Mayor Kevin Johnson says two investors want to buy the NBA's Kings and build a downtown arena to stop the proposed move of city's only major league sports team to Seattle.

Mark Mastrov, founder of 24 Hour Fitness, will make a bid for the team. Pittsburg Penguins owner Ron Burkle will solve the city's other problem and lead a group to build a new downtown arena.

Johnson, a former NBA All-Star, made the announcement Thursday during his state of the city address.

The Maloof family has a deal to sell the Kings to a group led by Microsoft executive Steve Ballmer and hedge fund manager Chris Hansen.

The NBA board of governors will make a decision on the sale by mid-April.

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