Being reported that Maloofs are finalizing sale of Kings to a Seattle group headed up by Chris Hansen and Steve Ballmer. Approximate price tag said to be $500MM.
http://sports.yahoo.com/news/maloofs-nearing-deal-to-sell-kings-to-group-that-plans-to-relocate-franchise-to-seattle-190254566.html
http://sports.yahoo.com/news/maloofs-nearing-deal-to-sell-kings-to-group-that-plans-to-relocate-franchise-to-seattle-190254566.html