Sale of the Sacrmento Kings nearly a done deal

By: Associated Press
By: Associated Press

Friday May 17, 2013

SACRAMENTO, Calif. (AP) -- Sacramento Mayor Kevin Johnson said Friday that the deal to sell the Kings to a group led by software tycoon Vivek Ranadive has been signed.

Johnson helped assemble the new ownership group in a bid to keep the Kings in California's capital city, a feat that was accomplished earlier in the week when NBA owners rejected a bid to move the franchise to Seattle.

The NBA is expected to officially approve the sale next week.

Copyright 2013 Associated Press


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