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Report from Adrian Wojnarowski: Maloofs to Sell Kings, Move Team To Seattle

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read it here.

The Maloofs are expected to keep an extremely small percentage of the team, but will have no real input or say in the franchise, sources said.

Once the sale is completed, the Seattle-based group will have until March to file for relocation. NBA commissioner David Stern has been a big proponent of the Hansen-Ballmer group, and league officials will work diligently to help the franchise move to Seattle if the sale is finalized, sources said. The Seattle-based group is determined to not have the franchise spend a final lame-duck season in Sacramento.