Sacramento business group propose plan to buy Kings

[Reg]

11:15 PM ET 01.15 | Last week is was reported that a Seattle-based investment group headed by Chris Hansen offered $500 million to take the Sacramento Kings off the hands of the Maloof family and relocate the Kings to Seattle. Before anyone in Seattle could bust out their old Gary Payton and Shawn Kemp jerseys, the Maloofs rejected the offer on the grounds that the Hansen group wasn't going to give them the control over the team that they desire. While this is bad news for Seattle basketball fans, it opens a giant window of opportunity for the forgotten souls of Sacramento who thought they had lost their belovedK Kings last week. Mayor Kevin Johnson is leading a crusade, and a sharp business plan, to keep the Kings in Sacramento. But it's not an easy task as the Maloofs are proving to be hard people to give $500 million to.

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