Reports: No recommendation yet on Sacramento Kings’ future following relocation/finance meeting
No recommendation yet by the committee that will play a role in deciding the future of the Sacramento Kings. The NBA’s joint relocation and finance committee concluded its special meeting on the Sacramento/Seattle situation and a decision may not be made until May.
From the Sacramento Bee:
(NBA Commissioner David) Stern said the owners on the joint relocation/finance advisory committee had not decided on a recommendation on the franchise’s future, but that the group has scheduled another meeting on the subject – their third – set for late next week. If a recommendation is made then, the full Board of Governors, made up of the league’s 30 team owners, cannot vote on the matter until seven days later, Stern said.
“The committee still has additional questions as they go through this in great detail,” Stern said. He said those questions still concern potential lawsuits facing arena plans in both Sacramento and Seattle, as well as financial issues with those plans.
Stern declined to give details on the committee meetings today. However, when asked about the possibility of the NBA expanding to a 31-team league, Stern said there are “no current plans to expand.”
Peter Holt, who owns the San Antonio Spurs and is the chair of the Board of Governors, said the committees are “not even close” to coming to a decision over whether to approve an agreement the Maloofs have to sell the Kings to a group in Seattle.
Here are the tweets from reporters who were live on the scene in New York.