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Sacramento group, Maloof family reach deal for Kings
tbizjak@sacbee.com ( Tony Bizjak) 05/16/2013 9:16 PM
A Sacramento investors group has reached a deal with the Maloof family to buy the Kings for an NBA record valuation of $535 million, a source has told The Sacramento Bee.
The agreement, reached today, is expected to be announced sometime Friday. If the NBA approves the deal, escrow is expected to close at the end of May.
The source, close to the deal, said the Maloof family was eager to "turn the page" and was pleased they were able to sell to a group that will keep the team in Sacramento.
The source said more details will be released Friday, including statements from partners in the deal.
A spokesman for the Sacramento investment group, led by Vivek Ranadive, declined comment.
A spokesman for the Maloof family could not be reached.
简短翻译:
沙加缅度当地新闻报导提到沙城当地投资团队已经和马洛夫家族达成购买国王队的协议,金额是创纪录的5.35亿美金。
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