Lords of Scythia":1kg3yq1e said:Pinksheets - Even if the minority and/or local investors can muster the action to match the offer, Hanson can INCREASE his offer. Dude's a fricken billionaire. The Maloofs are pissing their inheritence away. They ain't turning down millions of dollars. If this mess turns into a bidding war, our boy wins. But it hasn't even got that far.
I don't think Hansen can up his bid on it. But the 7% isn't really important in the grand scheme of things. In fact, it's almost certain that Hansen will win this with his initial bid BUT it still needs to be approved by the NBA.
RealDeal":1kg3yq1e said:What some people don't understand is that Chris Hansen would not go out and try to buy 7% especially for as much money as he is if he wasn't confident the team would be coming here. (Hmmm lets see I think I am going to over pay for 7% of a team I dont think will move to seattle) yea dont think so.
Sac has missed dead lines and showed un consistency in there own time lines. This is a done deal all that is going on right now from punk ass KJ is a puppet show its all politics.
Got me some new sonics gear and ready.
Whether Chris wins the auction or not doesn't really matter. This is $15.1 million (nothing to the ownership group) that shows that he is completely committed to the cause. The NBA will wait to approve/deny the sale until they vote on the majority as well. That way if the Kings stay in Sacramento Hansen doesn't own a minority share in something he has no interest in. The 7% is kind of a no-lose situation for Hansen.