A Sacramento Kings sale is nearly done, netting Seattle an NBA franchise thanks to an ownership group led by Chris Hansen. According to several reports from Adrian Wojnarowski at Yahoo! Sports, the deal is being finalized right now to bring the Kings to Seattle for next season.
On Twitter, he first posted, "The Maloofs are finalizing an agreement to sell the Sacramento Kings to the Hansen-Ballmer led Seattle group, sources tell Yahoo! Sports." He then followed that up with a post that stated, "The deal will sell the Kings for approximately $500 million, with the Seattle group seeking relocation to Key Arena for the 2013-'14 season."
This appears to be a done deal, even though all the signatures are not on the paper yet. Once the sale takes place the league owners will vote on the move, but it probably won't take much to get that approval. If approved, the team would be playing in Seattle next season, giving Key Arena a team for at least two seasons.
It looks like Chris Hansen is about to succeed in his goal to bring the NBA back to Seattle and he is going to find a lot of grateful fans. On the other side of the coin, die-hard Sacramento Kings fans are going to be very upset that the Maloof's have decided to sell the team to an ownership group that has every intention of moving the team out of California.