Chris Hansen, Steve Ballmer, the Maloof family, Kevin Johnson, and the 2013 NBA Board of Governors vote / 2010s
The relocation crisis reached its most dramatic stage in January 2013, when the Maloofs agreed in principle to sell 65 percent of the Kings to a Seattle ownership group led by investor Chris Hansen, Microsoft CEO Steve Ballmer, and Nordstrom executives Eric and Peter Nordstrom. The deal valued the franchise at $525 million and was designed to move the team to Seattle and revive the SuperSonics identity. Hansen had already purchased $6.8 million in parking spaces connected to Seattle’s proposed arena, making the bid appear far more concrete than a routine rumor. Sacramento mounted a last-minute counteroffensive led by Mayor Kevin Johnson, with backing from Ron Burkle, 24 Hour Fitness founder Mark Mastrov, Vivek Ranadivé, Qualcomm CEO Paul E. Jacobs, and other investors. The Maloofs demanded that Sacramento match Seattle’s offer, while Hansen repeatedly raised his valuation—from $525 million to $550 million and ultimately $625 million—and even sought an additional minority stake in the Kings. The NBA’s Relocation Committee nevertheless voted unanimously, 7–0, against the move on April 29. On May 15, 2013, the league’s owners formally rejected Seattle’s relocation attempt by a 22–8 vote, ending the proposed sale-and-move and preserving the franchise in Sacramento. The saga exposed how arena financing, franchise valuations, ownership debts, and municipal politics could determine the fate of an entire NBA city before a single game was played.
Follow the sources
Status and citations are supplied by the archive. AI concept art is an interpretation, not historical evidence.