DALLAS — The NBA Board of Governors voted Wednesday to keep the Kings in Sacramento and not allow them to move to Seattle, a person with knowledge of the vote told USA TODAY Sports.
The person spoke on the condition of anonymity because the vote had not been made public.
Commissioner David Stern later confirmed the decision and said the relocation vote was 22-8 in favor of Sacramento. The Maloof family that owns the Kings has been wanting to sell the team to a group from Seattle, led by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer, who wanted to move the team to Seattle. But now that their bid has been blocked, Stern said he is hopeful that the Maloofs will finalize a deal with the Sacramento group headed by Indian software magnate Vivek Ranadive.
"We will talk to the Maloofs, and seek in the next 24 to 48 hours whether we can help facilitate an agreement to be signed between the Ranadive group and the Maloofs for the sale of the franchise in Sacramento," Stern said."It is my expectation that we'll be able to make a deal with the Maloofs and the Ranadive group to transfer title of the team in Sacramento. It's not a certainty, but we're going to work on that result."
Said Ranadive: "Our lawyers (the Maloofs and Ranadive groups) have been talking for sometime, and we believe that we can get this done quickly," Ranadive said.