Miami Heat MiamiHerald.com Miami Heat Home Delivery

« Chris Andersen will add some color to the Heat's locker room | Main | Andersen will need some time to get into shape »

LeBron not buying owners' alleged struggles

LeBron James won't be buying the Sacramento Kings after all. The Maloof brothers reportedly have agreed to sell their 65 percent majority share of the franchise to an investment group in Seattle. The valuation of the franchise, including relocations fees: a cool $525 million.

Considering the Maloofs bought the team nearly two decades ago for $210 million, they're getting a good return on their investment. The selling price of the team, which was considered one of the least valuable in the league, got James thinking. He posted this message on Twitter:

Screen Shot 2013-01-21 at 1.17.16 AM

The Kings' move to Seattle isn't a done deal. Owners around the league still have to approve the move. That seems like a formality at this point, though. With current contracts of the NBA's major television deals coming to an end in 2016, it is believed that the addition of the Seattle area in the next round of negotiations would raise the value of the NBA's media rights significantly. And let's not forget, each owner around the league is set to pocket at least $1 million when the deal goes through thanks to a relocation fee the Seattle group would have to pay the NBA to move the Kings.

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Health care costs are exploding for employers, LBJ. The cost of running the league is going up. There are two reasons for your lockout. Go figure, the employees are unionized - who knew?

Guess that may mean Greg...you'll take a pass on the inauguration today ?

He won't be buying the team after all??? When was this even remotely close to happening??? Trying to drum up info again Goodman?

Yeah exactly!!! Troll on you moron! That's an article that YOU created! Where did it say in there that he WANTED to buy it. This is exactly why stupid rumors get started by idiots like you that make stuff up that isn't going to happen. Good God!

RP - actually caught some of the ceremony when I was home at lunch. Gotta try to stay informed. The most important resident of this country to this regime, is the uniformed. I will not go quietly into the night and leave this country slip further into darkness.

So, now it is important to validate every citizen who wants to exercise their 2nd admentment rights, through rigid background checks, cross checks into finances, mental health, and criminal records. Wow, isn't that what Americans wanted to do with their voting rolls, and were labeled everything under the sun by the "vote early and often" liberals. Hypocratic much?

Just like our response to 9/11, which killed 3000 people by a religion. We didn't take all the weapons (airplanes) away. No, we put ARMED MARSHALLS on the planes, and have had very few instances of planes being hi-jacked since then. But to suggest we protect our kids the same way is unthinkable. Seriously, how hypocritical is that? Bet it's OK to protect Congress and the President's kids with guns, but not our kids. This stuff really writes itself.

And I'm not sure there has been a President that thinks/acts opposite of what Dr. King taught us, than this one.

Like the Birdman signing, can't wait to see how he meshes with our group.

I wonder how much $$ the Maloof brothers had to pay in taxes for selling their company? Certainly the federal government deserves most of that profit. I'll bet there are teachers in Chicago (who average over $70.000/year) who NEED that money to survive. What, is Latrell Spreewell working in that district as a teacher?

Didn't realize this was a political blog. Go to www.cnn.com for that. UGH

It's not a 'dissect the job the Herald writer is doing' blog either, but that doesn't stop you from commenting on that subject, does it?

The Herald writer? Joseph Goodman? He does a horrible job. Look at the last post "Lebron not buying owners alleged struggles" He contradicts himself by saying that "Lebron won't be buying the Kings after all" HUH??? Lebron James never came out and said he wanted to buy the Sacramento Kings, Mayor Johnson wanted him to buy Kings, there's a huge difference there, he is making stuff up, and this is the exact reason why rumors get started. He never mixes things up in the blog, makes any suggestions on how the Heat can improve, never does a question and answer type session, how about a day in the life of a heat player?, on top of that he disappears regularly for 3 or 4 days and doesn't tell us bloggers looking for info about our favorite team, Armando for example ALWAYS says when he will be back from vacation. Then, George Richards filled in for 2 games earlier this year and did a great job! He even had quotes from the players and Spo an hour after the game ended on the blog. Bottom line he doesn't do any of that. I have stated several times on here that he is WAY over his head to be a beat reporter. Look at Barry Jackson, that guy has brand new info all the time because he works his tail off. Ira Winderman? That guy is full of information? Goodman has a LONG WAY to go. You know it and I know it. Does that answer your question?

You answered my question with your reply, and the answer is no, furthering my point that this blog can be about anything and everything. If you want it to be about basketball, open up a subject and you'll get responses. I'm sure I'm not the only one who couldn't care less about the daily minutia of these players lives. Follow their twitter account if you have that much spare time. I care about what they do during the 48 minute games.

Damn, if all these other writers are doing such a better job than Joe, why the heck don't you just follow their blog and leave Joe alone. Is it up to you OR Joe's boss to determine what is expected of him? - you and I might have a different answer to that one.

I think there should be some kind of federal mandate that states how many entries you should have per blog per week. If said writer doesn't meet that requirement TAX the hell out of them! There are poor kids on rural farms that don't have high speed internet, and we could use that money to send them the latest laptops and wireless hookups. That is who Obama wants to help, right? Those poor kids, that are getting poorer every day he is in office.

Kobe managed to squeeze off 2 assists during his 30 FGAs last night, in the Lakers LOSS to Toronto. No word from ESPN on who he checked most of the game.

1. The day in the life of a Heat player was a SUGGESTION, he never does anything NEW was my point.
2. I follow Ira, Barry, Armando, even Skolnick (Not Lewis Skolnick) And these guys give much better info.
3. I never said it was up to me? I simply state the facts as it is layed out on this blog.
4. Leave Joe alone??? What are you his daddy???
5. Federal Mandate on how much I write on here? LMAO, I have been a Heat Season ticket holder for 13 years and I bring PLENTY to this blog, I'm hard on people and the "beat writer" because 90% of the time you guys have no idea what your talking about. Whether it's black the trucker's daily trade ideas to rockstarjc's every 3 day trade of James Jones and Joel Anthony, plus our golden 1st round pick for Mosgov of the Nuggets.
6. I'm not the only one on here that rips Goodman.
7. And finally, "If said writer doesn't meet that requirement TAX the hell out of them! There are poor kids on rural farms that don't have high speed internet, and we could use that money to send them the latest laptops and wireless hookups. That is who Obama wants to help, right? Those poor kids, that are getting poorer every day he is in office.

Kobe managed to squeeze off 2 assists during his 30 FGAs last night, in the Lakers LOSS to Toronto. No word from ESPN on who he checked most of the game."

CONGRATULATIONS, YOU HAVE CONVINCED ME THAT YOUR A COMPLETE MENTAL CASE, AND PROBABLY AN OLD FART WHO IS MISERABLE IN LIFE BECAUSE OBAMA BECAME PRESIDENT AND WILL BITCH ABOUT HIM TILL THE DAY YOU DIE! Get over it, you racist.


Wound a little tight there, BKY?

Just stating the facts Joe!

And there you have it, when everything else fails, play the race card. The assinuation that I would be A-OK with, say, John McCain taking our country in this direction just because of the color of his skin is LAUGHABLE. I'ld rather have Condolesa Rice as President, every day of the year, than this underqualified fool. Now, if you say anything negative about her, I'll play the race and sex card on you. That's how it works right? I see you already want to hate on me because you think I'm old. Oh, if you could only learn some of what Dr. King was speaking about.

And, 'miserable in life'. Hell, I'm the happy one on here. I don't get nervous with every little bump in the road, I trust in our Team, from top to bottom. Love this organization, which makes me very happy when I get on this blog.

Yeah, I'm a complete mental case, because I see the hypocracy in Obama. He doesn't want to spread around the work ethic that built and sustained this country for 200+ years, no, he justs want to spread the wealth from the people who earned it, to the people who didn't. Of course, he and Biden and John Kerry are exempt, of course.

Yep I was 100% right as usual. Your an old fart.

I'm OK with middle-aged fart, but let's make it HAPPY middle-aged fart.

The comments to this entry are closed.

 
About MiamiHerald.com | Terms of Use & Privacy Statement | Copyright | About the McClatchy Company