About half an hour ago, Mitch Levy from KJR started releasing Tweets about a possible big break for the basketball fans in Seattle. It having to do with of course the whales that are trying to keep the King in Sacramento.
Here is the complete series of tweets:
Would be unfair for me to disclose tonight but my best guess is this info will start to leak out sometime tomorrow.
— mitch levy (@kjrmitch) March 6, 2026
To be clear — encouraging for Seattle NBA fans. — mitch levy (@kjrmitch) March 6, 2026
Ok, I can now say that the news involves the “level of competitiveness” of the Mastrov (Burkle) offer for Maloof’s 65%. — mitch levy (@kjrmitch) March 6, 2026
When the number becomes public (maybe tomorrow but not from me), keep 1 thing in mind.KJ continues to insist that …
— mitch levy (@kjrmitch) March 6, 2026
…someone would owe Sacramento the $75M balance of a loan given to the team years ago if the team moves.
— mitch levy (@kjrmitch) March 6, 2026
He (and Sac would-be owners) are undoubtedly trying to convince NBA that this outstanding loan… — mitch levy (@kjrmitch) March 6, 2026
…should allow for their offer to be substantially lower than that of Hansen/Ballmer. — mitch levy (@kjrmitch) March 6, 2026
I don’t think NBA will completely buy-off on this theory simply b/c the higher the actual sales price, the better off all other owners are.
— mitch levy (@kjrmitch) March 6, 2026
Lots of chatter about this tomorrow morn.Please tune us in.Goodnight.
— mitch levy (@kjrmitch) March 6, 2026
Looks like a lot of us are going to be listening to KJR all day tomorrow and refreshing Twitter about every 7 seconds. I’ll also do my best to keep the site updated tomorrow with anything that is breaking.
Hmm a thought could the offer even more lower than < 450m like KJ is expecting that hansen would pay the entire 75m of debt?
So this is “fair and competitive”?
Game over if it’s true, thanks for playing KJ
Yes that would their “fair and competitive” offer.
I guess it’s fair.
So we’ll be nice and give KJ half credit.
Guys it has been asumed that the 75 million is part of the 341 right? Well when you buy something like a company dont you assume the assets and debts correct? So the Maloofs stand to net 341 million along with Heinrich getting his cut. Then Hansen is paying out of pocket (unless specified in the PSA) after the transaction to pay off the arena debt.
Thus is they offered 50-70 million less than our offer then the Maloofs would net 50-70 million less period right?
Am I wrong is there some in finance or a finance major in the house?
Maybe thats what the whales are hoping for in the PSA that the city is taken care of because KJ says it has to be. Well to use a Sternism “it will be accomodated” by Mr. Hansen once the sale and relocation is finalized. Hansen will leverage the arena and then pay the difference. So Sac will get the arena and some money ala what Bennett did.
I seriously think that KJ’s offer is hinging on their assumption that the HIGH valuation of the Kings is because the 75 million is involved. No when you BUY a company you assume all its debts and assets. The debt will be accomodated AFTER the Sale is finalized not during. Can a broker or a finance manager help me out here? Because Im pretty confident with this assessment
so other words hansen’s offer is 525m + paying attentional money to payoff the debt?
So if they’re knocking the full $75mil (and not a penny less/more) off of Hansen’s valuation, PLUS the alleged ~$75mil for the relocation fee, we’re looking at a swing of AROUND $150mil dollars. That’s gotta be game over for even the fervent Sacto believer, right?
Here’s how I’m pretty sure this should work.
Hansen values the franchise at $525 million. That’s the value of the franchise. To determine the purchase price of the 65%, you would then subtract debts and liabilities, and from there take the percentage.
However, Mastrov would be doing the same thing. His offer would be the 65% of the valuation minus the debts and liabilities. Unless KJ is going to convince the city to forgive the debt entirely, that debt would be factored into the Mastrov offer.
Yes when you buyout a company you assume all of their assets and debts and you give them the purchase amount. You dont accomdate their debts beforehand. You accomadate them later from my understanding. The Maloofs assumed the debt when they bought the team from that Thomas guy who owned them before who the loan was originally too. They assumed the debt. Since the team would be moving it would have to be paid but not at transaction time. The transaction is buying the shares of the team the Maloofs own not paying off all of their debts. So I think Hansen will leverage the arena for fair market value (prolly aorund 40 million w/out tenant because it is worth 90 mil with a tenant.). So Chris will pay the difference after the arena is leveraged
Kevin, I’m sure Mitch thanks you for all the Twitter hate that he’s certain to get from the Sac fans that monitor this site. If the grief Daniels gets for simply reporting the news is any indication, Mitch better be ready. Haha.
And to the Sac fan that equated Daniels to Bruski. That is by far the stupidest thing I’ve read on here in a while. All of your local journalists respect the heck out of Daniels. Note I used the term “journalists”. Your cheerleader Bruski is NOT one. He’s nothing more than a fan site blogger with convenient access to a larger platform. Dude’s a total joke. Did you see when he lost it and told off Daniels for correcting him on his incorrect reporting? Guy is so bush league, I’d be ashamed to have him repping my city.
That’s why I avoided mentioning numbers, but I think even $20M less than Hansen/Ballmer is game over. If its $150M lower, vote now and let’s move on.
That’s why the block button was invented. Haha
How much did the Maloofs buy the team for? If you are hoping the NBA is going to tell the Maloofs that they wont approve the sale to Hansen and telling the Maloofs essentially that they have to take 75 million less that could theorectically cut their profits from their initial investment at like 50%. Then you factor in the money the Maloofs may have lost running the team , they may have to sell for a loss on investment (I dont know how much they have paid out while owning v. how much revenue brough in). There is NO WAY the Maloofs would go for that or could it be reasonable to believe the NBA tell a owner they have to lose like 50% on the Return on Investment. Wow that would be insulting to the league that KJ and his whales could assume that would fly.
What did KJ say about the loan at the State of the City Address?
I guess a lot of people are talking like he’s just going to completely forgive the loan if Sac owners buy it. Can he opt to do that on his own? Is that within his power?
Kevin you area smart fella…..what I said about the buying a team and its assets and debts and taking care of it later…Am I completely off base? I just dont think its fair to assume that the Maloofs/Heinrich wouldnt land the 341 million period end of story. Then Hansen would have to take care of the loan by leveraging the arena and paying the difference.
Its gonna have to get paid from somewhere even if he waives the new prospective owners from having to assume the debt. In that case the tax payers have to pay or they would have to default to the lenders and lose the arena to creditors and risk downgrading the cities credit rating.
Isn’t it a fun exercise just to crack yourself up just by thinking “what if he was trying to do this……in Seattle?” :D
LOL CMD is making fun of the reports. Im guessing wants all the news comes out with reflection of people who know what they are talking about then he may not find it so comical.
Carmichael Dave@CarmichaelDave
BREAKING: Mastrov figures released- offered $19.75 for Kings. Offer SIGNIFICANTLY lower than Hansen’s. So much for that.
And Mitch is very good with it. I would know. He didn’t take to kindly to me continually calling out his boy Hugh Millen hating on Russell Wilson. I think we all know how that turned out though. ;)
And it really is scary/sad how some of the Sac fans troll Daniels. I clicked a Daniels tweet earlier tonight showing an arena design picture. Below his post are 2 Kings fans ripping on it. Really? What is the point? Why are these fans bothering with this if that’s their intent? So ridiculous. I can’t wait for it to all be over.
The Internet has allowed us to see how absolutely sick humanity is multiple times a day.
I cannot see a scenario where the NBA BoG tells one of it’s owners to take a lesser offer. There’s a million reasons why they wouldn’t. The precedent it would set for them when they wish to sell. The strength of the SEA ownership group and market. The relocation money they all stand to gain. You are not going to see NBA owners set a precedent where one of their own is forced to take a lower offer. It just won’t happen. The only instances where there’s been a sale denied has been in instances where the oncoming ownership group’s finances didn’t shake out. That’s clearly not a problem here.
All of this talk is such a waste of time, IMO. It’s why I questioned the debating with Sac fans that was taking place earlier today. It’s just everyone running in circles chasing their tales, waiting for mid-April to come.
I suggest everyone take from Sonic Spain’s twitter account:
https://twitter.com/SonicsSpain/status/309118686671798273/photo/1
The city council specifically said that one of the key parts of any deal has to be a payment plan for that loan, so, in addition to all the other reasons that forgiving it would be a non-starter, that’s not something that I think is even on the table.
As for the rest of this, I really wish we knew for sure whether that $65-$75MM city debt was included in the $341MM or not. I sincerely doubt it was but I’m not any kind of expert on any of this. I mean, it isn’t even the Maloofs debt, it’s from before their time, so was their offer to the previous owner less because it had to be taken care of? They didn’t pay it back so that seems unlikely. But either way it’s something any future owner is gonna have to deal with so I don’t see any way it gives Mastrov a path to a substantially lower bid.
Theoretically, having been approved by the BOG, Hansen could finance the loan payoff to the city as LTD. Then sell the land and only major arena in the area back to Sac for, say, 40-50 million upfront and come out ahead in the short and long run.
Chris Daniels @ChrisDaniels5
Hansen architects say the icon/cone could have LED lights, and be animated. #SeattleArena
^thats what ive been waiting to hear. imagine huge animations/patterns on the cone, possibilities are endless. this arena is going to be incredible. absolutely incredible.
This along with the Cuban piece, along with what Mitch is hinting at… perhaps it’s all downhill from here boys
thrifty “whales” are not what this situation calls for. i just got a little more comfortable with this whole thing.
Those whales gonna pop some tags?
We will see tommorow morning how big this news will be in the grand scheme of the Sonics returning. Hopefully it will help set the nails to shut the coofin soon enough
It should be noted that we don’t know if debt was factored into the PSA. My thought is that the NBA probably wants those things included as addendums or clauses to get a clear indication of franchise value at sale. But who knows. I know companies are sold for literally pennies because of their huge debt load. I bet the NBA model has some guidelines as to how debt obligations are included.
I’m thinking about how nice CenturyLink has looked since they installed the “animated” lighting on the arches — having animated LEDs on the new arena as well will make for quite a nighttime view from the water or I-5.
Niiice
Mitch- “KJ, if you are so proud of your groups offer, why aren’t you announcing the bid from the rooftops. Why the confidentiality?
RE: LED’s on the cone. I’ve been hoping for this since the first release of the cone design. It would be amazing if the cone had an LED light show like the Omni hotel down here in Dallas.
The Omni has an ever-changing light show that goes all around it. They even run advertising on it for big sports events.
http://www.youtube.com/watch?v=Biq4obDCk_k
The debt doesn’t follow the partners unless they have personally guaranteed the loan. At least, that has been my experience. The loans that are payable may not be in the purchase price. We don’t know for sure. It could be that the $525M might actually be what it is worth if located in Seattle. Guess we will find out one of these days.
There is a building here in the Tri-Cities that has a billboard that is LED lights that is around 3 stories tall . . . no idea how long and goes around the corner of the building. It is at a very busy corner. The first night they lit up the sign, it was a bit shocking. It lights up the whole area.
BC Place’s lights are pretty neat as well.
http://www.youtube.com/watch?v=-mLsRCDX57A
That is his MO, Create posts like this when there are bad news in sactown.
BINGO. If they had a great offer, KJ would be running with it, hell he has run with everything else. This tells me his groups offer would not be well received.
Hyperbole Dave
Mitch talking Kings next
http://www.iheart.com/live/Sports-Radio-KJR-2565/
So while we are having a discussion about Sacramento presence on this board I will run over a thought that I was having. This is just an idea and I haven’t really thought out the pros and cons of it.
Right now Sacramento simply is the story. You could not talk about the team coming here or the future of basketball without recognizing Sac and having them be a significant part of the discussion.
There will likely come a moment when that is no longer the case. Sacramento would be the teams past, the maloofs and BOG irrelevant and a real roster/team on the floor.
At that time I am considering the creation of a separate forum to discuss relocation and sacramento lingering issues and simply not allow any mention of it to the primary forum where we are going to want to celebrate the new team. We’ve really tried to do a good job in here of accepting the other opinion and trying to allow for a lot of reasonable conversation. I don’t want to have to do that for the entire first year of the new franchise. I want to enjoy the franchise.
I think offering a separate forum for those that still want to debate the issue is reasonable and would allow a lot of us to enjoy this forum more. What are your thoughts on a post-move sacramento ban to make this a basketball and Sonics forum?
I like that idea Brian. Come April 19th, we need to flip the switch
I think that a separate forum seems reasonable after everything is settled. Yesterday was a little irritating that we let Sac fans (even if they were not trolling) hijack the entire thread and people were just repeating the same lines over and over. It is probably unavoidable and I think civil discussion is great. Hopefully things won’t get to out of control as we draw closer to the BOG meeting.
This is exactly what I’ve been wondering this entire time. It didn’t make sense for the loan to be paid off by the Maloofs with the money Hansen/Ballmer paid them. Hansen would, I should think, assume the debts as if they were his own, meaning that the debt is separate from the $341 million, meaning “fair and competitive” is anything but.
If I’m right, and if Sacramento’s offer is substantially lower as Mitch is indicating, then this really is the final whistle.
Brian, I have no problems with Kings fans coming here to defend their team. I just say let them be here if they want to be here. Now, if they get to using abusive language, I say that is it for them. But really . . . how do you get them educated if they don’t to discuss the issues? If you read any of the Sac blogs and message boards, there is a lot of misinformation out there.
And there could be things that they could educate us about while we are debating the issues.
I just say keep it open to Sac fans. We don’t get that many anyway.
Yeah, assuming it is low, then it looks like this could be the ploy to get all the arena stuff worked out and then say we tried but look what we can do for an arena without the Kings. Maybe I am trying to read way to much into things though.
I like it. Main reason being, it won’t just be Sacramento fans trying to get their points out, you know OKC fans will show up too. And we all know, things got real sour with the OKC folks. This deal between Seattle and Sacramento pales is comparison to how bitter things got between fans in Seattle and OKC. You know Thunder fans are ready to chop it up with Sonic fans.
Hijacking wouldn’t happen if we didn’t respond. Why do we care if they hijack a thread? It certainly makes the discussion more fun if we aren’t just discussing things just with ourselves.
Unless the partners assumed the debt personally, the debt stays with the team.
Agreed, there aren’t that many of them.
I thought we were cool with CFox and there was nice discussion going on. Then I saw this post on Sactown Royalty
” The biggest problem I have with Seattle fans is that they’re not taking any of the SAC deal points seriously
This just shows ignorance. SAC’s deal certainly has areas where it can break down and at this point maybe isn’t as solid as SEA’s. That doesn’t mean there is no validity to KJ’s drive to get this all sorted out. It’s arrogant and stupid for the guys on soncisrising or any twitter trolls to think they’ve got a better read on the SAC situation than KJ, Burkle, Mastrov, Bruski, Carmichael Dave, Stern, etc.
@chrismfox
by cfox on Mar 5, 2026 10:04 AM PST “
mitch: “sacramento is like a basketball team coming out of the locker room and they’re all pumped up and they’re screaming ‘we’re gonna beat these guys!’ but they’re simply playing a better team.”
Hey, some of my best conversations are with myself. The other day, I had a great debate with myself about the string theory. I won.
I just meant with people on our end constantly responding to back and forth stuff. I liked having others in here since they were actually well reasoned.
lol. Well now he has done it.
Apparently KJ might be going to the NBA to explain why the bid could be low? I wasn’t really following what Mitch was saying. Apparently Bob Condotta reported this so I can look it up.
Mitch -
“There are still a bullet or two for Hansen to fire, but why would he until he has to?” - I like it!
http://seattletimes.com/html/nba/2020491506_sacramento06.html
One of these things is not like the others…
Thanks…Looks like he needs to have two chances to present to the BOG? or is this his shot? I am sort of confused but it seems to hold with Mitch’s theory of a low offer that needs explaining.
Sounds like he’s going to go to the BOG and say “okay, now before you say no…”
Mitch kept playing “Low” by Usher and T-Pain to describe Mastrovs offer. It sounds like “fair and competitive” is out the window and its more in the realm of laughable what they offered
Okay, here is another way to look at it which is entirely possible. The debt is not a debt of the team, but of the partnership. The partnership is selling the asset, but the debt stays which the partnership. Then, yes, then the debt amount may be figured in the $525M price. The team would be like collateral for a loan. When the collateral is sold the debt must be paid. It just depneds how that debt is set up. Is it a debt of the partnership or a debt of the team?
The only guys I give any credence on their media side is Lillis (he’s their Daniels, I think), and maybe Kasler. CMD and Bruski (see how quickly he pumped up the importance of the ILWU lawsuit, downplayed it when it was shot down quickly and is now trying to pump up the appeal) are just cheerleaders and spin doctors.
Well, basically he lost the debtae. That is how reacted. He wasn’t bad while here. Maybe he learned a few things. Learning does require an open mind.
Exactly.
People are forgetting something - the 341 mil only for 65% of the team, thus only 65% of the $77 mil debt. (About 50 mil). Hansen can “cash call” the other 27 mil from these heroic minority Sacramento owners. Or force them to sell.
Regardless, that part of the equation needs to be factored in
What did mitch say?
He said the Sacramento offer is low, low, low, low.
The Mastrov / Burkle bid is low……LOW……LOOOOOOWWWWWWW and will probably be leaked out within the next 12 hours.
More than likely the bid is LOOOOOWWWWW is due to the loan and there will / is going to be spin by KJ on why Mastrov / Burkle can be so LOOOWWWWW
It was apple bottom jeans by Nelly I thought.
So can we put the champagne on ice?
I figured the PSA would be worded that Hansen is buying the Maloof’s share of the Kings and therefore, as new owners, Hansen’s group would then assume the assets/liabilities of the Kings franchise which includes the $75 million which I’m sure they knew would need to be paid in full once the team relocates. Man, Hansen is spending A LOT of money to bring the Sonics back. I am so grateful, really grateful.
I also like the idea of a separate forum to talk about relocation. I give kudos to Sacramento because ironically, they had to learn from Seattle fans on how to fight for your team. So a forum, fan to fan, would be fascinating. Especially if the OKC fans who have their sort of “gloating hubris” join in — who knows, maybe some really constructive and creative ideas will come out that can help future fans get through this emotional process.
“Think Big Sacramento task force: City is a better NBA market than Seattle”
Sac Bee has an article with that headline right now. The idea being that the 100% market share in Sacramento offsets the bigger size of Seattle’s market overall.
This totally ignores that the money right now is on the TV side. Seattle can get decent attendance, similar to Sacramento, even with competition from other pro teams, but there is no way the Sacramento can compete with Seattle TV market share. And TV viewing is not nearly as impacted by other sports teams as corporate ticket buying might be.
The Sonics may lose luxury boxes to the Sounders but the Sounders will have minimal impact on the Sonics TV audience. The regional appeal of the Sonics, which extends north into a another country, dwarfs anything the Kings gain by having a 100% share.
And the cool thing for the NBA owners, is outside of Portland, Seattle doesn’t draw from any other team’s market.
Market: Advantage Seattle
Owners: Advantage Seattle
Arena: Advantage Seattle
and…
Financial History: Advantage Seattle (The Kings books right now are worse than Seattle ever were)
Kings fans are going to be mad when their team leaves, but they shouldn’t be confused, too. The Sac Bee needs to report this honestly if they actually want the fans and most importantly, the city council, to understand what kind of commitment is actually needed to keep a team there… Lots and lots and lots and lots of cash. OKC payed to play. Sacramento’s inability to get a deal done earlier has put them in the same position… they need to pay to keep this team away from a big market.
I fought the urge to post this on the Sac Bee site… sorry for the length.
The only way they could get away with an offer that doesn’t include the debt is if KJ is going to try and convince the city to excuse it. But if that’s the case, how are the Maloofs going to feel about that? I guess they could not really care as long as their debt is gone, or they could be bitter that KJ wouldn’t do the same for them.
I missed Mitch…he didn’t actually put out a number of the Mastrov bid did he? I saw somewhere it was rumored his bid was $19.75M? That can’t be true…
I lurk here a lot, post very infrequently. Personally, I don’t think another forum is warranted. This chatter will just die down naturally. Plus, it seems like it would be a lot of administrative overhead to ensure that people are posting in the right forum, and then banning them if they repeatedly post in the wrong forum.
Ah ha! Thank you…come out within the next 12 hours. I wonder how he knows this? This wouldn’t be something Ballmer would know would he? Unless the league told him and Hansen Mastrov’s offer.
I remember the City Manager of Sacramento made it very clear the $75 million loan would need to be repaid no matter who purchased the King’s franchise (majority). So I don’t think that KJ or the new investors he gathered would have NOT calculated that — unless they submitted the bid assuming that the City would not call it immediately or would allow it to continue indefinitely which I think would be a disastrous assumption because this I thought was very clear in stuff I read that the City would look for the $75 million to be repaid before approving (or concurrent with) the new majority team owners.
Can anyone explain to me why the Kings’ fans keep posting this link (http://www.sonicsarena.com/news/how-seattle-compares-to-other-pro-sports-markets) as some kind of proof of how Sacramento is better than Seattle?
No, that was a tweet from Hyperbole Dave.
This. The only people who will want to discuss lingering SAC issues post-April 18 are trolls from Sacramento. And if you think you can channel them into a separate forum where they’ll just be yelling amongst themselves, you are mistaken.
I tend to agree with this. After April 18th what else will there be to discuss if Hansen is approved for relocation? Brian, are you thinking it could be more of a place where Kings fans go to vent? On April 19th, we’re doing 1 of 2 things: 1) Discussing roster, coaching staff, GM, other FO roles, etc. 2) What to do now as we go back to the drawing board if the BoG denies relocation.
I honestly can’t see anyone here that posts frequently dragging on this relocation talk past April 19th. We’re all pretty over this, stick a fork in us.
Now what would be cool if a place where we can discuss the new arena as it progresses. That would separate the actual game talk from the “what’s next?” topics.
Ugh, I just typed out a reponse about the separate thread idea and poof…got lost in cyberspace :-(
i think this would be a good thing and then the NBA has a way out.
Because they can’t compete when it comes to the economic numbers.
Maybe….they are all the same to me :-)
Mitch just really emphisized LOW
And our TV/Team ratio is lower than theirs…they are touting the fact that they are a one-league sport town. *snickers*. Sorry that was rude…couldn’t help myself.
So why are the SACRAMENTO fans touting it like it helps their cause?
We might be getting slightly ahead of ourselves speculating on how much lower the Mastrov bid is based on one radio guy’s vague hints. Having said that, it does reinforce my feelings about Sacto’s “competitive bid”. I don’t doubt that KJ is sincere in his desire to keep the Kings. But it just strikes me as a big face-saving public relations charade all around. Stern allows KJ/Mastrov to present their case to the BOG, keeping Kings’ fans hopes alive through the end of the season. KJ gets to be the hero either way, fighting the good fight for the hometown to the bitter end. Mastrov/Burkle play the Knight in Shining Armor, but are actually Don Quixote tilting at windmills (vaporware arena plans).
All due respect to Sacramento and Kings fans, who truly deserved better than the Magoof clown family. But in my view their side is Kabuki theater, and not in true “competition’ with the very real money and arena plan of the Hansen-Ballmer group.
Two words: “Snow Globe”
Shawn Borin @bgpappa
@SactoKingsFan @dampania @ChrisDaniels5 @dakasler http://www.sonicsarena.com/news/how-seattle-compares-to-other-pro-sports-markets … Here is the link.
13 hrs Damon Ampania @dampania
@bgpappa @sactokingsfan @chrisdaniels5 @dakasler adjusted breakdown also favorable 2 SAC when dividing biz’s w 1000 employees by pro teams
13 hrs SactoKingsFan @SactoKingsFan
@dampania @bgpappa @dakasler good info from Chris Hansen own website reinforcing @ThinkBigSacto presser today right @ChrisDaniels5 ? Yes?
13 hrs Shawn Borin @bgpappa
@SactoKingsFan @dampania @dakasler @ThinkBigSacto @ChrisDaniels5 I thought Think Big’s Point #3 was a little too much, but Hansen says same
12 hrs SactoKingsFan @SactoKingsFan
@bgpappa @dampania @dakasler @ChrisDaniels5 Dale in case ur wondering, Chris Hansens website b/up @ThinkBigSacto #ers http://www.sonicsarena.com/news/how-seattle-compares-to-other-pro-sports-markets …
11 hrs Chris Daniels @ChrisDaniels5
@sactokingsfan @bgpappa @dampania Good find!
I am not able to listen. Did he offer any more details?
Tv ratio is just a stat. Doesn’t even make sense in reality. Also we can add Spokane and tri cities if we want to
Fortunately for Sacramento, no matter what the number winds up being, the other NBA owners care way more about sentiment than money.
TM, yesterday’s “Think Big” report took Seattle’s numbers and added the Sonics and Sounders to dilute the total TV households per professional team to give the Sacramento a supposed edge. Never mind the 49′ers, Giants, A’s, Warriors etc etc.
I’m sure the NBA loves being told that MLS (no offense Sounders fans) takes an equal share within their markets. Sound logic.
Nothing specific, but the interesting thing he said Hansen is sitting on “bullets” ready to fire if needed. Not sure what that implies but Mitch said he is not worried overall
Once the Sacramention bid is leaked, I think the NBA BOG should just vote by email within days and be done with it.
Oops… *Sacramento
The entire point of that market comparison deal was just to show that Seattle is values a lot higher than most places. If anyone seriously thinks that a household will only watch one sporting event then they are idiots. I guess we need to divide the Sac market by the two MLB and NFL teams as well as the Sharks (if they even claim Sac as territory). I wish people would actually analyze stats rather than just point to some random numbers and say it makes sense (sorry, stats geek coming out here).
Where’s Dave Cameron when you need him…LOL.
Yeah, and I am a huge Sounders fan and inaugural season ticket holder and I think they shouldn’t really be included as they are sort of an anomaly. Additionally, the people that tend to purchase tickets are more wealthy (at least from who I was around) and would be able to go to other sporting events rather easily.
Sounders and NBA seasons barely overlap, and NBA won’t change my Sounders spending habits. Silly argument they are making
Here’s a great tidbit of Sonics history from over at supersonicsoul…
http://blog.supersonicsoul.com/2013/03/sonic-history-3687-lennys-brother-gets.html?spref=tw
Think Big. Offer Small.
Could we haiku that? I am sure Bruski can hashtag it again…
We can haiku anything we want, my friend.
Actually, if Mitch’s rumor turns out to be correct, then #THINKBIGOFFERSMALL would be a great hash tag to get rolling.
we should’ve seen the writing on the wall when kevin johnson started the full court press campaign attempting to prove that sacramento fans are superior. if they don’t have a competitive offer they will loudly cling to arguments that can’t be proven or disproven.
Im sure some of our female members here can give some very sound advice on how to deal with the #THINKBIGOFFERSMALL issue…probably ran into that issue a few times in their dating lives…
looks like this was put up 22 hours ago, but in case you didn’t see it:
http://sports.yahoo.com/blogs/nba-ball-dont-lie/robert-swift-left-foreclosed-upon-house-leaving-massive-184535504-nba.html
More non-news.
The other owners don’t care about the debt the Maloofs owe Sacramento, only the purchase price. This has no effect on the vote.
Unless Mastrov’s offer is equal to or greater than Hansen’s, there is nothing for the Board to consider.
“This just shows ignorance. SAC’s deal certainly has areas where it can break down and at this point maybe isn’t as solid as SEA’s. That doesn’t mean there is no validity to KJ’s drive to get this all sorted out. It’s arrogant and stupid for the guys on soncisrising or any twitter trolls to think they’ve got a better read on the SAC situation than KJ, Burkle, Mastrov, Bruski, Carmichael Dave, Stern, etc.”
Hey cfox, you’re welcome to come back on April 19th and tell me again who had the better read on the situation.
Unfortunate situation.
Man those people bought A FORECLOSED HOME. WTF did they expect to find? A pristine house? I have seen way worse in homes that were not even foreclosed. What a bunch of crybabies. And to go on the news about it… that is just weird.
I will say the guns and bullets are a bit scary though. Still, that house was still in totally workable condition compared to so many I have seen.
This is true.
Dave Softy Mahler @Softykjr
Listening to @kjrmitch is therapeutic for me. Always makes me feel warm and fuzzy about our chances of getting our Sonics back.
Could leaking out these numbers (either side) jeopardize the sale of the Kings ?
Another question or statement on the existing Maloof loan to Sac. When selling a house or real estate the process goes through escrow. If the house has liens against it doesn’t the lien holders get paid first before the new owner takes possession? The purchaser knowingly agrees to pay this in the purchase price. Or I should say it is factored in the sale price.
As you may know I am a Sacramento fan by this line of questioning. Since I am a guest on your site, you will never hear me bash Seattle or it’s fans. I am here to learn, and honestly I fell comfortable here.
It should be noted that the Sacramento television market includes Stockton and Modesto. Does “Think Big” claim 100% loyalty to the Kings in these cities? I’m guessing they’re the 5th or 6th sporting option there…somewhere behind fishing and minor league baseball.
The loan is a seperate item here, unrelated to the team value
This is a good point and one I wish I would hear from Seattle’s side. The team valuation is $525 mil. That should not include the debt owed to Sac.
Everything that has come out from multiple sources says the teams value was sold at $525. The loan being factored in is nonsense
have not read this whole thread but IMO you are right. fact is we just don’t know the specifics of the sale agreement so we are just speculating, but certainly the debt is owed by the franchise, and when you buy something, it’s debts follow the sale.
this sounds right to me, trolltossin.
I don’t understand how that could be. My house is factored in my net worth. Forbes has the team value with the value of Sleep Train Arena.
Wouldn’t the loan on the team or arena if used especially as collateral not make it included ?
That was expected, although I was surprised they left the WNBA off the list since they were championing that as the icing on the cake at the release party.
The argument I’m growing tired of (and started by KJ) is The one team small market argument. With this logic maybe the Knicks, Lakers and Timberwolves ought to pack it up and move to the middle of North Dakota.
Sean: I guess a lot of people are talking like he’s just going to completely forgive the loan if Sac owners buy it. Can he opt to do that on his own? Is that within his power?
no it is not within his power. would require council approval.
I would think leaking out the Mastrov numbers is a non issue considering it is an offer at this point. The Seattle numbers are already out there, it is just the details that are not known. I would say that unlike some I am not sure if the loan is factored into the purchase price. I would lean to no, just from the angle that the NBA probably doesn’t want debt figured into the franchise value calculations (at the stage of an offer being made). You could argue that the loan or the debt to the NBA would bring a franchise value down, but I would think that would be considered in negotiating a sale price. Again though we don’t know.
What I am saying the $525 is the value of 100% of the shares. If you wanna play that game then Mastrov is on the hook for it too so its a moot point
+1
Is it possible, and I have no sources here -just talking, that Hansen valued the franchise at $600MM - $75MM for the loan? Then Sacramento heard the $525 number since the PA is sealed, and subtracted another $525-$75?
…this is fucking awesome.
I think the line of thinking with the Natomas site and arena being a negotiating point for the loan repayment is interesting. Considering part of the 7 or whatever council points is figuring out what to do with Natomas, Hansen would have to sell the land and arena back to the city (although I will admit ignorance on the loan repayment structure but from what I’ve read it is just ownership stake in the team). Additionally, they would need an arena to actually do anything before the new one is built (assuming it was moved forward without an anchor). There are a lot of angles to this I am just now piecing together.
I am trying to understand this whole situation from both sides. I am not trying to play games. If Seattle gets the team in a fair fight I am totally for the outcome. It will make it easier for me to accept a loss.
Seems like NY, LA, Chicago, Boston etc. have overcome the multi-team handicap quite well.
agree on this point.
And we all THINK it will be over on April 19. But who knows, the party could go on longer. ;) I say let’s keep an open mind. Things are just not that bad here, we have a great blog and we are fairly open minded to outside opinions. There’s no reason to scuttle one discussion off to the side IMO.
Ironically CMD was making fun of Macklemore for wearing a Bulls jersey and not representing Seattle yesterday. He was playing it like Macklemore was ashamed to be associated with the city-which we all know is true.
CMD was just trying to bait Seattle fans to engage with him, and then played the victim like he normally does. CMD is a weak piece of work.
KJ said in his address that the loan will be paid off. If Mastrov and clowns from Sac want to ignore that, I have no problem
Think Big. Think Seattle
There’s no way the city will just let that go. The only difference is that Hansen/Ballmer would have to pay it before they can leave. Mastrov could just accept it and pay it off in installments. But either party would have to accept the debt so I don’t see how it should affect the offer.
Shouldnt, both parties are eventually on the hook for the same amount. This argument is stuipid. Can it be April yet?
+1
er…
http://a.espncdn.com/photo/2013/0204/mag_macklemore01jr_576.jpg
does img src not work?
They only thing different as you stated is the timing of the loan payment. All it does is make it more attractive to Mastrov because it is not out of pocket.
This is how I think about it. I highly doubt the $341M includes paying off the loan. Unless the loan is a personal loan to the Maloofs, which I don’t think is the case, then the loan belongs to the team, and by extension the owners. By taking on 65% of the team, Hansen would be taking 65% of the loan as well. So the $525M “purchase price” means the entire valuation is closer to $600M. Add on top of that the relocation fee, and this is a VERY expensive endeavor!
The Mastrov/Burkle offer smells like R Kelly’s sheets
Forgiving that debt indeed would be suicide for Sacramento.
THIS. Was also mentioned earlier by Sean. I think most everyone’s numbers are just off… by this and other factors not deeply considered.
AGREE.
SMK206: e, as new owners, Hansen’s group would then assume the assets/liabilities of the Kings franchise which includes the $75 million which I’m sure they knew would need to be paid in full once the team relocates. Man, Hansen is spending A LOT of money to bring the Sonics back. I am so grateful, really grateful.
+1
I have alluded to this question before and I haven’t seen any precedent as yet.
How are minority shares sold ? Are they decided by a BOG vote or is it simplified?
Sean answered that in this case the 53% and the 12% were submitted as one on the PSA. This I understand.
I am wondering about a minority share sale without a full majority sale.
But the debt is owed…and if the debt is still owed…than how would there be a net benefit to the Maloof’s to accept a substantially lower offer?
We need to put this stuff on paper. Too many numbers for me.
None of us are M&A experts (as far as I know) but, for what it’s worth, someone on StR was saying that they were and that business acquisitions work exactly the opposite of buying a house. He claimed that when buying a business 100% of all debts and assets simple transfer to the new ownership, which makes sense given that the loan in question was actually given to the Kings during the ownership group that sold to the Maloofs. So, clearly, when they bought the team they assumed the debt and didn’t pay it off.
The Maloofs have stopped taking my phone calls : )
Thanks for they replys, I have to go pay the bills.
Good Day
Hansen can assume the loan & pay it off over time too. Nothing stops him from doing that? Either that or he can pay off the debt by financing it elsewhere, and/or get financing on the existing Sleep Train prop to carry over payments until such time as the city or someone else can buy Sleep Train from him.
I believe there is a condition on the loan that it must be paid off before the team can relocate.
There is, but he could just borrow the money from a different bank and then have team debt with them. Not saying he will, but he could.
The logic on the Sacramento side doesn’t make sense to me. Now I’m going to claim ignorance, but I don’t see how offering the Maloofs the difference of the loan less than what the Hansen group is offering as an advantage. If the Maloofs are selling wouldn’t the loan go with it? What do the Maloofs gain in selling for the loan amount less? The only benefit I see for anyone is the Sacramento group can pay the loan off later instead of with the sale. I didn’t read this thread and just got on the computer this morning but I don’t get the basis for this argument. Can someone help me? lol
I don’t follow this logic. The loan amount goes the Sacramento, the relocation amount goes to the NBA. I don’t really see it as being a 150 mil swing. The loan amount will need to be taken care of regardless and that’s just a Sacramento issue. The relocation amount benefits all the other owners, not Maloofs. I don’t see it as a $150 million swing.
Reportedly its a $75MM less valuation (teams are valued less) + 75MM relocation = $150MM
sooty, a couple of things for you: Minority owners do need to be approved by the NBA. I can’t recall the exact source, but there was some Sac media member who looked into this to answer whether or not a Sac buyer could leapfrog Hansen by purchasing a minority share and claiming ROFR. They can’t, they’d be awaiting approval just as Hansen is.
And the only way the city loan could be an advantage for Sac is if 1) The city were going to forgive it or 2) The cost of the loan was somehow prohibitive to Hansen. Neither of these appear to be the case, so otherwise, the loan would have the same effect on a valuation for either side.
In regards to the idea of a second forum, I have to agree with others. I don’t think it’ll work, at least not for its intended purpose. It’ll look like we’re setting up some sort of roach motel to lure in the Sac trolls when we just want to talk Sonics, but there is no holding them back from flooding any of those other threads. Better to just let the slowly diminishing number of relocation related threads flow in as normal.
I think the key thing to remember, Brian, is that all of that holding back on wanting to talk basketball, rosters, the draft, etc. is all going to be over once people feel truly secure. People here so desperately want to talk about it, but are just terrified of putting the cart even one pace before the horse. Those floodgates will open, and it’ll soon be the Sac related threads that get no play and the basketball related ones that end up with a ton of comments.
This is where KJ’s PR blitz comes into play…..
I see aspects of the Milgrim experiment in this. It’s easier to bash people through the internet because you can’t see who you’re knocking. You also have support from other like minded fans in a group think manner.
This aspect of the internet sucks. Seattle Times commenters and youtube commenters have to be the worst imo.
I understand where the number came from, but I don’t see it as a 150 million dollar swing. No individual group or entity is gaining 150 mil going with Hansen/relo vs Mastrov/Sacto. It’s a 75 million dollar difference to the Maloofs, it’s a 2.5 million dollar difference to other NBA owners. It’s a 75 million dollar difference to the city of Sacramento. It isn’t a 150 million dollar swing for anyone other than how much Hansen is paying over what Mastrov is paying total. But not towards any individual group.
And I love cfox running off to StR to talk crap about us.
He threw out every single Sac talking point he had, we either explained why those weren’t true at all, were being greatly overblown, or were not going to be a factor in just about all cases. I’m sorry he didn’t like that, but to hang around here and claim he just wants to hear from our fanbase and talk about the situation then run off to bitch about us on StR is pretty low. I mean not Mastrov-Burkle offer low…..but low.
Their logic on the loan repayment AND the relocation fee has been flawed from the beginning to enable their wishful thinking. I never believed that loan repayment was part of the purchase price and, until either the Maloofs or the Hansen group says otherwise, I never will.
yeah i didnt have a problem with him wanting to have a discussion but it became obvious tha t he didnt want that imo he wanted to “inform” us. then when he brought up attendance and how much better their fans are i was annoyed. then when he called cd our bruski i was done. but going back to earlier in the thread brian brought up the idea of seperate threads but i have a feeling the discussions would end up spilling over and sacto posters would go to both. i think if they want to have a discussion let em. if they start trolling just dont respond. theyll see they are getting a response get board or annoyed and leave.
And how could relocation fee be both:
1) A part of the purchase price
2) A variable yet to be determined
?
Relocation is something you pay after the fact. If Chris bought the Kings on ebay, he’d be paying shipping, wouldn’t he?
*arent
6 weeks from now we will be talking roster, coaches, etc. Its all part of the process
Precisely.
Total TV Households per sport is so ridiculous, even Think Big can’t think it holds any weight. So I’m going to watch fewer Seahawks games because the Sonics are in town?
The Loan will be paid off after the sale. I actually believe they probably put it in the PSA but seperate from the actual payment part to the Maloofs. Wouldnt want any litigation to hold this up after approval. It will be accomodated.
After approval, Hansen will leverage the arena for whatever fair market value is without an anchor tenant. It is worth 90 million w/anchor tenant so I would guess around 40 million w/out and that is because you have to factor in the land adjacent to Sleep Train Arena. So if you get 40 million out of the arena then you have to come up with 37 million more.
Now Mr. Hansen will not be liable for all of the re-payment of the loan. He will be liable for 65% unless he does a nice thing and takes it all on himself and doesnt make the minority owners help flip the bill. Im interested to see the Kehriotis bid.
In actuality I am a little more concerned (really not too concerned) about the Kehriotis bid if it of the serious nature. The reason is that he is a minority owner (not the RoFR issue either). I wonder if the NBA owners will want to listen more to a minority owner trying to offer up for the franchise. Realistically neither are going to sway the BoG in my opinion. The Kehriotis bid is more likely to be accepted by the Maloofs in case of a Hansen denial.
I don’t see a reason for a separate thread unless Sac fans come on in force, which they could. Civil Sacramento fans should be welcome imo. I suppose we could also just try aggressive moderating. Allow anyone in but if it turns to Sac talk or people are annoyed/offended we can ban and delete.
If okc fans come here though I might lose my shit. Just kidding… but seriously…
Think Big’s next report will show what an awful market we will be based on our significantly higher HBO subscription rate.
“You can basically forget about ad revenue once Game of Thrones comes back each year.”
By the way guys, the NBA will not make the Maloofs take a lesser bid if they dont want too. So, yes, the Maloofs control the fate of Sacramento. The NBA will go with our signed agreement anyways, but they could not justify making one of its owners to take a lesser bid if they dont want too. Imagine telling someone that theyhave to take lesser money when selling something to someone else. They would laugh at you and tell you to piss off.
Wooo. First post. Just found this site. Was tired of getting all my one sided info from sactown royalty.
I am. But only because most Eagles games are on at 10am and the wife makes me do things in the afternoon. Haha
LOL. No doubt. It seems like the latest talking point KJ and the gang are throwing out there with a fury. I posted a comment on either yahoo or msnbc and the Sac fans were throwing this one at me like it was this ironclad, nonrefuteable argument. I also went toe to toe with someone trying to say we had a team and didn’t care about it. We know the Sac fans care about their Kings. I just find it a sad little argument from ignorance when they tell us Seattle didn’t care.
Is there interest or inflation attributed to the loan? I’m not a finance guy so I don’t know how this works.
Ahh, the timestamp says he was frosty about our opinion yesterday morning over there, came over here yesterday afternoon to discuss. Doesn’t seem like he came to get red meat to throw to StR.
Relocation fee and debt are seperate issues. Its hard for me to fathom that the purchase price includes either of these. Doesn’t make much sense.
There is a lot of talk of “precedence”. I just dont see the owners and the NBA setting the precedent that they decide who you sell teams to. Thats what Sacramento is asking them to do.
And if things go bad, and Im a Maloof……….the price goes up from here. No reason to ever take less. They started this bidding war. Time to play ball. I tell Mastrov-Burkles group the new price is $XXXXX. Im not taking less…….in fact now we want more.
Oh good.
I don’t read StR (trying to keep my blood pressure down), but I can only assume he followed up with something along the lines of how he encountered a charming gentleman named Sean and was so impressed that he can’t help but hope the Kings move to Seattle now. Right?
I was looking for information on the loan and if the loan can be forgiven if Mastrov gets the team. The only thing I could find was the agenda for their last city council meeting where it states
“Retire the existing city loan to the Kings -
The existing City lease revenue bond financing (loan) to the Kings must be retired. Any refinancing of the loan must be fully secured and collateralized to minimize the risk to the city”
Doesn’t sound like the council wants to fogive the loan……
http://sacramento.granicus.com/MetaViewer.php?view_id=22&clip_id=3200&meta_id=395499
Yes, there is. I believe it was originally a $70 million loan and it has ballooned to $77 mm
If you do go over to STR, we prefer you didn’t(can’t stop ya), don’t post. High road guys, high road.
I don’t know how many of you are PC gamers but Steam has NBA 2k13 on sale for $14.99, You can play as the 96 Sonics.
2 comments on the site
Splitting the Sac talk to another forum isn’t needed. I agree that its not much and will die over time. Can Kevin just set the moderation police to profile by IP? Throw all the Sac/Okc IPs into moderation and let the mod determine if its legit discussion. Like I said, there is not that much.
At the top right is the ‘previous’ and ‘next’ links. Can those be changed back to the previous/next article titles? Easier to know where you have been or are going when its by title.
Gotta disagree my friend. I actually know the new owners personally. They only went to the media as a way to get Swift to leave after he stayed past his time. One of the new owners is actually in real estate her self and has seen her share of terrible homes. I don’t think she was whining that it was filthy, they’re excited they got the house at about half its original price. They just went to the media to encourage Swift to leave. With the story getting so much attention the media returned to see what the house was like once they moved in. I don’t think the new owners were looking for sympathy after moving in, just trying to get the chance to move in while he was past his time there.
Does anyone know anyone who can try to reach out to Robert Swift..i.e. anyone know Ridnour and/or Collison?? To me everyone regardless of the REASONS why.. need a helping hand,,,, IF they want help.
Already banned, lol. Was the first time there, and I told them they can keep their sh t team. They told me in the ban “and you can keep you sh t comments”. lol touche. Oh well. I didn’t last 10 min.
+1000
Waiting for the X360 or PS3 prices to drop at my local retailer. Gotta show my 11 year old what he’s been missing!
This is a interesting question. My guess is it’s however the individual minorities choose to sell their shares? But I wonder, do they permission as to whom they can sell their shares? I know so little about these kinds of things.
AGREE. Thanks for putting it so well so I didn’t have to type this out. ;)
I do see and agree with Eric’s logic here
I’m thinking the same thing. They get snubbed, then well, here’s your new (higher) price tag.
I thought about this too. I really feel for the guy. Everyone assumes since someone makes money they are fine and deserve what they did. I don’t agree, this guy couldn’t handle the situation he was in and now looks like he may have some dependancy issues (alcohol from the looks of things and pills after hearing what his girlfriend said). Swift seems like a good person trown into a difficult situation at an early age, I hope the best for him.
I think the point Brian was trying to make is, do we want a thread titled, “Sonic’s Trade for Darek Rose” riddled with comments about how Hansen bought and relocated the Kings? I for one am really looking forward to game threads and it would suck to be going into halftime against the Thunder, Sonics down by 5 and we’re discussing KJ and Mastrov with Sacramento fans. I like the idea of an open forum that is refreshed daily for the off topic stuff and then we have our game/team transaction threads.
Shi, but it was only 99 cents!
;)
lol! Better than getting swindled by a business for a $50 shirt lol
“…they’re excited they got the house at about half its original price…”
I’ll bet they are. Small cleanup price to pay to save half price on a place in Issaquah.
I wasn’t per se complaining about them going to the media to get him out. I was complaining about them trolling the cameras around after he left, complaining about how fucked up the place was. Man, if they’ve been in real estate, they haven’t seen the shit I have seen. That was nothing. A few holes in the wall, some pizza and beer laying around? Dude, pull the carpets, fix the holes in the walls, clean the house top to bottom & paint it. Done. The house is in perfectly workable condition - no structural damage, no massive water damage, no holes in the roof, nothing huge whatsoever. They got a TOTAL STEAL in a killer neighborhood and now they are on King5 whining about it. Seems pretty cheap / ignorant / lame to me.
LOL nice…
I think the media came back to them for follow up stories and they obliged more so than them going to the media to show everyone what happened to their house.
Brings me back to what I’ve said in the past. NBA age requirements are a good thing!
I just hope they keep/save all his personal stuff like the awards, pics, etc. Someday if/when he gets himself together he’ll want that stuff and appreciate someone was thinking when he wasn’t. If they save it all but don’t want to store it I will.
No reason not to have dedicated game threads. But one of the problems with our current configuration is that people don’t tend to browse for threads, they just comment on whatever is the current thread. This is a holdover from the sonicscentral blog days. I think it might help to have a message board for dedicated “topical” items like game threads.
OR… just leave things the way they are. This is really not such a big deal as ppl seem to want to make it. Let us post away… we haven’t gotten into real trouble yet and it’s been 10 years or whatever with essentially this same “stream of consciousness” format…
agree
Yeah I wondered about that too. Maybe I’ll ask them about that.
Fan posts could be an option in the future. I hate message boards. They are so hard monitor and prevent spam on.
I haven’t spent more than $15 for a shirt in years. Though I might spend less than $50 on clothes most years.
Kevin, very minor thought here, is there a way to log in either on the home page or at the top of a new thread? It seems like right now it’s only at the end of threads and it’s super exhausting having to scroll all the way down to log in lol.
Is real time updating out of the question? Without having to constantly reload?
I’m already doing that. I am with Jason Puckett!
There should be. I’ll try to figure something out.
It is possible, I’ve seen a few other sites do it.
My assumption, the people that know/knew him who CAN maybe try to help have already tried…it seems that he needs to hit rock bottom first which THIS finally may be IT. Then he needs to decide to finally get REAL help or to just wither away. I know he is only 27 and ANY notion of a attempted comeback as a solution is wrong. His life is more important. His value in life never was nor never will be as a ball player. He may have thought it was.
I do agree, off topic stuff doesn’t bother me as much as I may have eluded to here. I was thinking of how they are over at USSMariner.com and they are very strict about being on topic, that I don’t even bother commenting there anymore. They’ll delete your comments almost immediately if you stray off topic just a little bit. I’ll be here either way Brian goes though.
Wonder if these supposedly leaks are going to happen. I need something to tide me over until Snow-quester hits Baltimore…
I was just thinking the same thing about the leaks.
Mariners fans are a unique breed. I’ve gotten stares from fans for standing up during games and making noise.
I’m a Mariners fan and want them to succeed but sometimes I really wish they left for the browner pastures of okc and not the Sonics. A recent article in the Times asked if the Mariners are for real because of their strong offense in spring training. I’m still banking on the Sonics making the playoffs sooner than the Mariners!
New thread is up.
Never root for an MLB or NFL team to relocate, even over another team. Those leagues tend not to relocate except in extreme circumstances.
Its a fun game, I got it for my birthday for my 360. I don’t think I would have bought it at the full retail price either. Honestly I think the game is worth $30. It has some issues with in game menus but the gameplay itself is really good and you get to play as the 96 Sonics.
Point and laugh?
I met Bill Simmons at a book signing a couple of years ago and asked him which would happen first: the Mariners make the playoffs or the Sonics come back. He didn’t bat an eye before saying the Sonics would be back first. Course he also thought it would be the Hornets.
Sorry, somehow I ended up quoting the wrong post.
I met Bill Simmons at a book signing a couple of years ago and asked him which would happen first: the Mariners make the playoffs or the Sonics come back. He didn’t bat an eye before saying the Sonics would be back first. Course he also thought it would be the Hornets.