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Sacramento, Seattle groups present to NBA owners

  • Sacramento Mayor Kevin Johnson, left, and California state Sen. Darrell Steinberg arrive for the NBA owners meetings regarding the the possible relocation of the Sacramento Kings team to Seattle, in New York, Wednesday, April 3, 2013. Hedge fund manager Chris Hansen and Microsoft Chief Executive Steve Ballmer have agreed to buy a majority stake in the Kings from the Maloof family for $341 million, but the deal needs league approval. (AP Photo/Richard Drew)

NEW YORK — The future home of the Kings may not be settled this month after all.

With owners facing a difficult choice between a move to Seattle or the team staying put in Sacramento, NBA Commissioner David Stern said Wednesday the expected vote in two weeks may be delayed.

"We've never had a situation like this," Stern said.

"And the seriousness of purpose to me is really incredible, because (owners) know that there's a lot at stake here for two communities and the NBA."

A Seattle group led by investor Chris Hansen and Microsoft CEO Steve Ballmer has a pending agreement with the Maloof family to buy 65 percent of the team and move it back to the city the SuperSonics left in 2008. Sacramento has put together its own group to make a competing bid.


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