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