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View Full Version : Maloof's willing to sell Kings... For $500 million



kingsdelez24
01-03-2013, 11:33 PM
https://twitter.com/SamShanecbs13/status/286996920008847361

Also GM Geoff Petrie will not be resigned


Report from USA Today says Maloofs are floating asking price for Kings at a whopping $500M & that Petrie will be out as GM this summer

lakers4sho
01-03-2013, 11:37 PM
time for MVP to move in

JNoel
01-03-2013, 11:38 PM
I'll buy the Kings...

ManRam
01-03-2013, 11:41 PM
That's outrageous. The average value of an NBA franchise isn't even close to $500M, and the Kings aren't even close to being an "average" NBA franchise. The Heat and Celtics probably wouldn't even go for much more than $500M, let alone the Kings (and all their baggage).

soundjunkies2
01-03-2013, 11:47 PM
That's almost double what the franchise is worth.

thechom80
01-03-2013, 11:48 PM
I've got five on it.

Raps18-19 Champ
01-03-2013, 11:49 PM
Lol.

xxplayerxx23
01-03-2013, 11:50 PM
Ill give him 500 dollars, CASH

BirdIsTheWord
01-03-2013, 11:54 PM
We should all pitch in for the down payment.

JeffG20
01-03-2013, 11:56 PM
i'm willing to make monthly payments of 19.95

xxplayerxx23
01-03-2013, 11:57 PM
Lets do it. Every PSD member pay 19.95 a month and we can all have a partical share of the Kings Lol

tapajafri
01-03-2013, 11:59 PM
that billionaire Ron Burkle wanted to buy the kings and keep them in sac.

He's a billionaire..... who knows what might happen. 500M isn't much much to him, compared to other potential buyers.

JeffG20
01-03-2013, 11:59 PM
i got dibs on the seat directly behind cousins....see if i can screw with him on a nightly basis

PleaseBeNice
01-04-2013, 12:03 AM
they are asking for that much so they can cover their debt as well. i ****ing hate them

MrfadeawayJB
01-04-2013, 12:06 AM
Lets do it. Every PSD member pay 19.95 a month and we can all have a partical share of the Kings Lol

Great idea! Only problem is that half of psd is like 15 or under :laugh:

PleaseBeNice
01-04-2013, 12:10 AM
I'll be GM and put a winner out there...

Hulk6
01-04-2013, 12:19 AM
Seattle!!

RipCity32
01-04-2013, 12:26 AM
500 million LMFAO.

CB29
01-04-2013, 12:27 AM
The only way this works is if Magic Johnson and his LA Dodgers buddies are looking to buy the Kings.

cbs9889
01-04-2013, 12:32 AM
500 mill and they still need a new stadium omg if someone buys them i will laugh but be happy i can watch the lakers play a couple times a year

ThunderousDemon
01-04-2013, 12:35 AM
I've got five on it.

Oh look, it's the 90's.

ThunderousDemon
01-04-2013, 12:36 AM
tree fiddy

GunFactor187
01-04-2013, 12:40 AM
The PSD Community SHOULD all pitch in for the Kings!

thechom80
01-04-2013, 12:42 AM
Oh look, it's the 90's.

Imagine that.

bbcmillionaire
01-04-2013, 12:50 AM
http://youtu.be/jTmXHvGZiSY

bbcmillionaire
01-04-2013, 12:54 AM
but wait theres more... if you buy the team now they'll throw in cousins attitude

AsiandudePH
01-04-2013, 01:04 AM
time for MVP to move in

You mean Manny V Pangilinan?

asandhu23
01-04-2013, 01:14 AM
No way the Kings are worth more than the Warriors. Its Sactown for crying out loud.

jrm2054
01-04-2013, 01:17 AM
500 million :facepalm:

ThuglifeJ
01-04-2013, 01:34 AM
Lets do it. Every PSD member pay 19.95 a month and we can all have a partical share of the Kings Lol

if we got 850 members to pay like $520 a month for the next 30 years... we could all have share of the Sacramento Kings I would be down.

PrettyBoyJ
01-04-2013, 01:39 AM
500 Million.. who ever buys it is "The Greater Fool"

RLundi
01-04-2013, 01:47 AM
that billionaire Ron Burkle wanted to buy the kings and keep them in sac.

He's a billionaire..... who knows what might happen. 500M isn't much much to him, compared to other potential buyers.

How many billions does he have? Is it 1? Because $500 M is half a billion. Can he afford half his networth on a floundering, unsuccessful franchise?

lakers4sho
01-04-2013, 01:53 AM
You mean Manny V Pangilinan?

yessir

dhopisthename
01-04-2013, 01:57 AM
How many billions does he have? Is it 1? Because $500 M is half a billion. Can he afford half his networth on a floundering, unsuccessful franchise?

his net worth is 3.1 bill although people rarely buy entire franchise themselves

mjt20mik
01-04-2013, 01:59 AM
Ill give him 500 dollars, CASH

I take your 500 USD Cash, and raise you 500 CAD Cash.

About 507.20 USDs

Vincent33
01-04-2013, 02:01 AM
19.95/mo is a little too rich for my blood. Make it 11.95/mo and count me in.

Sneaky
01-04-2013, 02:08 AM
Can I pay the 19.95 in pennies?

Super.
01-04-2013, 02:20 AM
Lets do it. Every PSD member pay 19.95 a month and we can all have a partical share of the Kings Lol

Only if I can be GM.

Im super good at making baller teams at NBA 2k12

BirdIsTheWord
01-04-2013, 02:21 AM
I take your 500 USD Cash, and raise you 500 CAD Cash.

About 507.20 USDs

I'll raise your $500 CAD with $500 AUD ( = $525.15 USD)

I Rock Shaqs
01-04-2013, 02:41 AM
that billionaire Ron Burkle wanted to buy the kings and keep them in sac.

He's a billionaire..... who knows what might happen. 500M isn't much much to him, compared to other potential buyers.

Wow I really REALLY hope you're not serious, because if you are YOU NEED TO GO BACK TO SCHOOL.

Greedy22
01-04-2013, 03:00 AM
Dibs on being the 1st coach of the PSD Owned Kings.

JLynn943
01-04-2013, 03:01 AM
I don't care that they're asking $500 million. It's a step in the right direction for the future of the franchise that they're even considering selling.

That said, whoever buys it is probably not going to want to have to contribute towards an arena. If that arena deal that the Maloofs backed out of is still on the table, then maybe they'd stay, but otherwise it probably makes more financial sense as a new owner to move.

DerekRE_3
01-04-2013, 03:04 AM
That's outrageous. The average value of an NBA franchise isn't even close to $500M, and the Kings aren't even close to being an "average" NBA franchise. The Heat and Celtics probably wouldn't even go for much more than $500M, let alone the Kings (and all their baggage).

What are you talking about? The Maloofs run a model organization and because of their efforts have more than tripled the value of their team in the last five years.

TrueFan420
01-04-2013, 03:12 AM
What are you talking about? The Maloofs run a model organization and because of their efforts have more than tripled the value of their team in the last five years.

Warriors sold for 450 mill... They had a better hand in regards to selling than the maloof's do with the kings doubt they get 500 mill but it is a starting point I suppose.

kobe4thewinbang
01-04-2013, 03:33 AM
This team used to be so good. Dumb *** GM.

TrueFan420
01-04-2013, 03:58 AM
This team used to be so good. Dumb *** GM.

They got lucky cweb was a punk and cried his way to sactown. With a piece like that its not hard to build a great team. After he went over the hill so did the team.

SoFreshNsoClean
01-04-2013, 04:03 AM
They got lucky cweb was a punk and cried his way to sactown. With a piece like that its not hard to build a great team. After he went over the hill so did the team.

warriors fan im guessing?

DerekRE_3
01-04-2013, 04:05 AM
This team used to be so good. Dumb *** GM.

Most GM's aren't going to do well if they aren't allowed to spend money. The Maloofs are the problem.

JLynn943
01-04-2013, 04:12 AM
Most GM's aren't going to do well if they aren't allowed to spend money. The Maloofs are the problem.

or allowed to draft who they want.

mdm692
01-04-2013, 08:34 AM
they are asking for that much so they can cover their debt as well. i ****ing hate them

This. But since all they're interested is money they will keep the team and lose even more money. They should just sell it for whatever they can get.

KingPosey
01-04-2013, 09:31 AM
I am happy as hell they are finally seeing they need tolet go, but they completely stripped this team of any tangible value, from a team standpoint, to the arena deal, to purposefully disconnecting from a city that LOVES the team. And now they want an absurd price because they ran their own piggy bank into the ground?

The Maloofs disgust me, they are ****ing liars, and I hope they are forced to sell and never get back to financial prominence. They showed globally they are will lie to your face over a huge deal favoring them, and not operate in good faith.

I just hope my team stays home if they do sell.

Mr_Amaziing
01-04-2013, 02:24 PM
Wow! 500 Million??