Monday, January 21, 2013

The Return of Basketball to Seattle

According to reports, Sacramento Kings majority owners, the Maloof family, a have agreed to sell their majority interest to a Seattle based group for 525 million dollars. The group will get 65% of the Kings. The group is led by hedge fund manager Chris Hanson. Microsoft CEO Steve Ballmer is also part of the group. The 65% include 53% from the Maloof's and 12% from Bob Hernreich a minority owner.


The Primary Logos of the Kings franchise
http://hoopshabit.com/wordpress/wp-content/uploads/2013/01/kings_logos.jpg
The Kings have a history of moving cities. They were formed in 1945 in Rochester, New York. The team was called the Royals and was originally in the National Basketball League. They joined to the NBA for the 1948-49 season. After the 1956-57 season, the Royals moved to Cincinnati and stayed their for 15 seasons. Before the 1972-73 season, they left Ohio for the midwest. The Royals played a split schedule in Kansas City and Omaha and also changed their nickname to the Kings to avoid confusion with the Kansas City Royals of MLB. That's how they got the name the Kansas City-Omaha Kings. After three seasons, they dropped Omaha from the name. And finally, the Kings moved to Sacramento before the 1985-86 season and have stayed there since.

Seattle has a strong basketball history. They had their own NBA team from 1967-2008, the Seattle Supersonics. The team moved to Oklahoma City for the 2008-09 season. Even though it has only been five years, there has been a wanting for another team. Now, it looks like 
Seattle has gotten their wish.

A reason the Supersonics left for Oklahoma City was because of the inability to get money for a new arena. The KeyArena is not a top tier arena. When there was a team in Seattle, the KeyArena had the lowest capacity of any arena. The new arena is being funded by Hansen.  Tomorrow there is a meeting in Seattle on the subject of the arena .


Does the move to Seattle also mean the return
of the Sonics
http://www.ballerstatus.com/wp-content/uploads/2012/07/logo-
seattlesupersonics.jpg
I have always thought of Sacramento as the little brother in the NBA family. They always felt a step behind. Sacramento isn't a place you would think "They definitely have an NBA team." Being the little brother, they were put in a hole. When fans think of the next relocation, they would instantly think Sacramento. Losing Sacramento is not going to drastically change the league. Seattle is probably more fit for a team anyway. Seattle has about 4.2 million residents in the metro area, more then Sacramento's 2.461 million. Seattle also doesn't have any problems with making a new arena. The one question I have is whether or not the new name of team will be the Supersonics. I like the Supersonics' name, but it's history is with Oklahoma City. Also, Seattle must take into account the Kings' rich history. If the new owners don't name the team the Supersonics, they will need to work on a good name, or else the fans won't be happy.